United Kingdom Economy

Back to Economic Data Main Page

With a nominal GDP of $2.4 trillion, Great Britain possesses the third-largest economy in Europe and the sixth largest economy in the world. With 73% of GDP concentrated in service sector, with Great Britain being a major global hub for finance and tourism. In the manufacturing sector, the automotive, aerospace, and pharmaceutical industries make up the substantial majority. Over the last five years, statistical indicators regarding the health of the overall British economy has declined, with government debt rising from 44% to 82.9$ of GDP, unemployment increasing from 5.2% to 7.6%, and the economy officially entering recession beginning in the final quarter of 2008.

Major United Kingdom Indicators

Period Value % Chg Prev
Consumer Prices (View all 1)
UK Consumer Price Index (NSA) Jan 2019 106.30 -0.75%
UK Inflation Rate Jan 2019 1.80% Chg Yr -14.29%
Employment (View all 1)
UK Unemployment Rate Oct 2018 4.00% -2.44%
Energy (View all 1)
United Kingdom Gas Rig Count Jan 2019 2.00 100.0%
United Kingdom Petroleum Products Demand Dec 2018 6.128M mt -2.12%
GDP (View all 1)
United Kingdom GDP (SCA) Q4 2018 603.25B EUR 1.21%
United Kingdom Real GDP Growth (SCA) Q4 2018 1.70% -32.00%
Government Assets and Liabilities (View all 1)
UK General Government Gross Debt Outlook (NSA) 2023 84.00% of GDP -1.29%
House Prices (View all 1)
United Kingdom House Price Index Q2 2018 145.32 -0.12%
Interest Rates (View all 1)
3-Month LIBOR based on US Dollar Feb 08 2019 2.70% 0.03%
United Kingdom Long Term Interest Rate Jan 2019 1.28% 0.79%
Producer Prices (View all 3)
UK Producer Price Index: Net Sector Input (NSA) Jan 2019 113.60 -0.26%
Sentiment Surveys (View all 1)
United Kingdom Economic Sentiment Indicator Jan 2019 103.70 -1.61%
View and sort all 1590 United Kingdom Indicators
Advertisement

United Kingdom Sources

Office for National Statistics

Related Indicator Reports

Report Last Updated
UK Retail Sales Report Feb 15, 04:31 EST
UK Producer Price Index Report Feb 13, 04:32 EST
UK Consumer Price Index Report Feb 13, 04:32 EST
UK House Price Index Report Feb 13, 04:32 EST
UK Quarterly National Accounts Report Feb 11, 04:31 EST
UK Industrial Production Index Report Feb 11, 04:31 EST
UK Labor Market Statistics Report Jan 22, 04:31 EST
Advertisement

{{root.upsell.info.feature_headline}}.

{{root.upsell.info.feature_description}}

Please note that this feature is only available as an add-on to YCharts subscriptions.


Please note that this feature requires full activation of your account and is not permitted during the free trial period.

Start My Free Trial {{root.upsell.info.call_to_action}} No credit card required.

Already a subscriber? Sign in.