In 2024, agriculture contributed around 0.56 percent to the United Kingdom’s GDP, 16.74 percent came from the manufacturing industry, and 72.79 percent from the services sector. The UK is not a farmer’s marketThe vast majority of the UK’s GDP is generated by the services sector, and tourism in particular keeps the economy going. In 2017, almost 214 billion British Pounds were contributed to the GDP through travel and tourism – about 277 billion U.S. dollars – and the forecasts see an upwards trend. For comparison, only an estimated 10.3 billion GBP were generated by the agriculture sector in the same year. But is it a tourist’s destination still? Though forecasts are not in yet, it is unclear whether travel and tourism can keep the UK’s economy afloat in the future, especially after Brexit and all its consequences. Higher travel costs, having to wait for visas, and overall more complicated travel arrangements are just some of the concerns tourists have when considering vacationing in the UK after Brexit. Consequences of the referendum are already observable in the domestic travel industry: In 2017, about 37 percent of British travelers said Brexit caused them to cut their holidays short by a few days, and about 14 percent said they did not leave the UK for their holidays because of it.
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Graph and download economic data for Financial System Deposits to GDP for United Kingdom (DISCONTINUED) (DDDI08GBA156NWDB) from 1960 to 2009 about United Kingdom, deposits, financial, and GDP.
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[The spreadsheet is organised into two parts. The first contains a broad set of annual data covering the UK national accounts and other financial and macroeconomic data stretching back in some cases to the late 17th century. The second and third sections cover the available monthly and quarterly data for the UK to facilitate higher frequency analysis on the macroeconomy and the financial system. The spreadsheet attempts to provide continuous historical time series for most variables up to the present day by making various assumptions about how to link the historical components together. But we also have provided the various chains of raw historical data and retained all our calculations in the spreadsheet so that the method of calculating the continuous times series is clear and users can construct their own composite estimates by using different linking procedures., This dataset contains a broad set of historical data covering the UK national accounts and other financial and macroeconomic data stretching back in some cases to the late 17th century.]
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The Great Britain Historical Database has been assembled as part of the ongoing Great Britain Historical GIS Project. The project aims to trace the emergence of the north-south divide in Britain and to provide a synoptic view of the human geography of Britain at sub-county scales. Further information about the project is available on A Vision of Britain webpages, where users can browse the database's documentation system online.
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This dataset is about book subjects. It has 1 row and is filtered where the books is British economic growth,1688-1959 : trends and structure. It features 10 columns including number of authors, number of books, earliest publication date, and latest publication date.
In 2023, agriculture contributed around 0.58 percent to the United Kingdom’s GDP, 17.5 percent came from the manufacturing industry, and 72.53 percent from the services sector. The UK is not a farmer’s marketThe vast majority of the UK’s GDP is generated by the services sector, and tourism in particular keeps the economy going. In 2017, almost 214 billion British Pounds were contributed to the GDP through travel and tourism – about 277 billion U.S. dollars – and the forecasts see an upwards trend. For comparison, only an estimated 10.3 billion GBP were generated by the agriculture sector in the same year. But is it a tourist’s destination still? Though forecasts are not in yet, it is unclear whether travel and tourism can keep the UK’s economy afloat in the future, especially after Brexit and all its consequences. Higher travel costs, having to wait for visas, and overall more complicated travel arrangements are just some of the concerns tourists have when considering vacationing in the UK after Brexit. Consequences of the referendum are already observable in the domestic travel industry: In 2017, about 37 percent of British travelers said Brexit caused them to cut their holidays short by a few days, and about 14 percent said they did not leave the UK for their holidays because of it.
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Questions on security policy. Attitude to the Common Market. East-West comparison and preferred economic system.
Topics: Attitude to selected countries; preferred political position of one´s own country; judgement on American and Soviet foreign policy; agreement in principle of the interests of one´s own country with the interests of the USA and the USSR; confidence in the ability of the USA to solve international problems; judgement on the peace efforts of the USA and the USSR; alliance loyalty of the USA to Western Europe; attitude to nuclear tests and to a test-ban treaty even without a surveillance system; judgement on one´s own standard of living in the past, at present, and in future; country with the highest standard of living; superiority of the communist or anti-communist countries in military, economic and scientific areas as well as in the area of space flight; attitude to use of nuclear weapons in case of attack on one´s own country; judgement on the American peace corps program; attitude to a possible peace corps program of one´s own country, to a united Western Europe and to the membership of one´s own country in the Common Market; assumed effect of the Common Market on the standard of living, on the political unification of Western Europe and on the influence of the USA on European affairs; approval for a change of American influence on Europe; judgement on American trade policy; supposed attitude of the USA and the USSR to the Common Market and effect of the Common Market on US imports; attitude to socialism, communism and capitalism as well as to a nationalization of industrial establishments; outstanding characteristics of a social, capitalist or communist economic system; preferred economic system; classification of the economic systems of selected countries as more socialist or capitalist and attitude to the economic systems of these countries; judgement on American capitalism (scale); TV viewing; attitude to American television programs and films; judgement on American films, books, newspapers, music and television programs as agent of American life-style; trips to the movies; film preferences relative to individual countries; frequency of viewing American films; judgement on American, British, French and Italian films as an image of life in these countries; impression of different aspects of American life mediated by American films.
In France the following questions were also asked: income, employment of household help; ownership of automobile, radio and real estate.
Interviewer rating: duration of interview (Great Britain only); location of interview (Italy only); respondent´s willingness to cooperate (FRG only).
At the turn of the 20th century, industrialization in Western Europe and North America saw new countries emerge (or return) as major economic powers. Germany (established in 1871) and the United States were the two countries that began to challenge the established powers such as Britain and the Netherlands on an industrial scale, while France's invigorated banking system compensated for its slow rate of industrialization. This period also saw Scandinavian countries catch up with modernization rates observed in other Western European countries; the wealth of natural resources, increased industrial output, and strong shipping networks combined to allow GDP per capita to grow at rates similar to the United States and France and Germany.
Between 1970 and 1913, GDP per capita in the three emerging regions roughly doubled, outpacing growth in countries considered economic and industrial "leaders" for most of the 1800s. While Britain had been the leading global superpower for most of the 19th century and still maintained healthy economic growth in the given period, the rise of Germany and the U.S. at this time would (and, later, the Soviet Union) go on to shape global economic development over the subsequent decades.
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United Kingdom UK: Banking Institutions: Foreign Assets data was reported at 3,692,394.000 GBP mn in Sep 2018. This records a decrease from the previous number of 3,715,082.000 GBP mn for Jun 2018. United Kingdom UK: Banking Institutions: Foreign Assets data is updated quarterly, averaging 547,933.000 GBP mn from Mar 1963 (Median) to Sep 2018, with 223 observations. The data reached an all-time high of 3,905,217.000 GBP mn in Dec 2008 and a record low of 1,693.000 GBP mn in Mar 1963. United Kingdom UK: Banking Institutions: Foreign Assets data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s United Kingdom – Table UK.IMF.IFS: Financial System: Deposit Money Banks: Quarterly.
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Daily data showing SAP of gas, and rolling seven-day average, traded in Great Britain over the On-the-Day Commodity Market (OCM). These are official statistics in development. Source: National Gas Transmission.
These latest estimates of the flows of goods and services in the Northern Ireland (NI) economy have been produced in line with guidance from the European System of Accounts (2010) – an international standard approach. The statistics provide the most complete picture of the detailed structure and characteristics of the local economy currently available. A detailed set of Supply-Use tables are included for 2017 and 2018.
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This dataset contains the code, input sheets, set-up guide and documentation for the EVOLVE research project (https://evolveenergy.eu/) economic dispatch model of Great Britain. Within this research project, a novel modelling framework has been developed to quantify the potential benefit of including higher proportions of ocean energy within large-scale electricity systems. Economic dispatch modelling is utilised to model hourly supply-demand matching for a range of sensitivity runs, adjusting the proportion of ocean energy within the generation mix. The framework is applied to a 2030 case study of the power system of Great Britain, testing installed wave or tidal stream capacities ranging from 100 MW to 10 GW. This dataset contains all of the data, code and documentation required to run this economic dispatch model. The project results found that for all sensitivity runs, ocean energy increases renewable dispatch, reduces dispatch costs, reduces generation required from fossil fuels, reduces system carbon emissions, reduces price volatility, and captures higher market prices. The development of this model, and analysis of the model results, is described in detail in a journal paper (currently in press). A preprint of this paper is included within the folder. It can be referenced as: S. Pennock, D.R. Noble, Y. Verdanyan, T. Delahaye and H. Jeffrey (2023). 'A modelling framework to quantify the power system benefits from ocean energy deployments'. Applied Energy, Volume 347, 1 October 2023, 121413 ( https://doi.org/10.1016/j.apenergy.2023.121413 ).
The economy was seen by 49 percent of people in the UK as one of the top three issues facing the country in June 2025. The ongoing cost of living crisis afflicting the UK, driven by high inflation, is still one of the main concerns of Britons. Immigration has generally been the second most important issue since the middle of 2024, just ahead of health, which was seen as the third-biggest issue in the most recent month. Labour's popularity continues to sink in 2025 Despite winning the 2024 general election with a strong majority, the new Labour government has had its share of struggles since coming to power. Shortly after taking office, the approval rating for Labour stood at -2 percent, but this fell throughout the second half of 2024, and by January 2025 had sunk to a new low of -47 percent. Although this was still higher than the previous government's last approval rating of -56 percent, it is nevertheless a severe review from the electorate. Among several decisions from the government, arguably the least popular was the government withdrawing winter fuel payments. This state benefit, previously paid to all pensioners, is now only paid to those on low incomes, with millions of pensioners not receiving this payment in winter 2024. Sunak's pledges fail to prevent defeat in 2024 With an election on the horizon, and the Labour Party consistently ahead in the polls, addressing voter concerns directly was one of the best chances the Conservatives had of staying in power in 2023. At the start of that year, Rishi Sunak attempted to do this by setting out his five pledges for the next twelve months; halve inflation, grow the economy, reduce national debt, cut NHS waiting times, and stop small boats. A year later, Sunak had at best only partial success in these aims. Although the inflation rate fell, economic growth was weak and even declined in the last two quarters of 2023, although it did return to growth in early 2024. National debt was only expected to fall in the mid to late 2020s, while the trend of increasing NHS waiting times did not reverse. Small boat crossings were down from 2022, but still higher than in 2021 or 2020. .
During the post-war economic boom, between the Second World War and the 1970s' recession, virtually all areas of Europe experienced significant economic growth. While this period is known as the "Golden Age of Capitalism" in Western Europe, communist countries in Eastern Europe (with socialist economic systems) generally experienced higher GDP growth rates in the 1950s and 1960s. Although most of these economies entered the period at a much less-developed stage than the likes of Britain, France, or West Germany, the Soviet model proved to be an economic success in these decades. Controlling the means of production The transition to communism across Eastern Europe saw the nationalization of most industries, as governments took control of the means of production in their respective countries. As much of Eastern Europe entered the period with relatively-low levels of industrialization compared to the west, this meant that governments could dictate the development of their manufacturing and retail industries. By the end of the 1960s, state-owned endeavors in Eastern Europe were responsible for over 95 percent of national income. Problems did arise, however, when states attempted to take control of the agricultural sector, as many of the families who owned the land were unwilling to part with it. Agriculture proved to be the only major industry not mostly owned by the state during Eastern Europe's communist era; in the long term, agriculture suffered due to the lack of government investment in such state-run economic systems. Variations There is a correlation between the sides taken during the Second World War and the speed of economic growth in each decade; the Allied nations of Czechoslovakia, Poland, the Soviet Union and Yugoslavia all experienced faster economic growth in the 1950s; whereas the Axis nations of Bulgaria, Hungary, and Romania saw faster growth in the 1960s. East Germany was the exception to this rule, as its economy was much more developed than other former-Axis powers. The speed of recovery in these countries was the largest contributor to variations in growth rates, although regional variations in governance did influence development in later years (particularly in Yugoslavia).
Financial inclusion is critical in reducing poverty and achieving inclusive economic growth. When people can participate in the financial system, they are better able to start and expand businesses, invest in their children’s education, and absorb financial shocks. Yet prior to 2011, little was known about the extent of financial inclusion and the degree to which such groups as the poor, women, and rural residents were excluded from formal financial systems.
By collecting detailed indicators about how adults around the world manage their day-to-day finances, the Global Findex allows policy makers, researchers, businesses, and development practitioners to track how the use of financial services has changed over time. The database can also be used to identify gaps in access to the formal financial system and design policies to expand financial inclusion.
National Coverage
Individual
The target population is the civilian, non-institutionalized population 15 years and above.
Sample survey data [ssd]
Triennial
As in the first edition, the indicators in the 2014 Global Findex are drawn from survey data covering almost 150,000 people in more than 140 economies-representing more than 97 percent of the world's population. The survey was carried out over the 2014 calendar year by Gallup, Inc. as part of its Gallup World Poll, which since 2005 has continually conducted surveys of approximately 1,000 people in each of more than 160 economies and in over 140 languages, using randomly selected, nationally representative samples. The target population is the entire civilian, noninstitutionalized population age 15 and above. The set of indicators will be collected again in 2017.
Surveys are conducted face to face in economies where telephone coverage represents less than 80 percent of the population or is the customary methodology. In most economies the fieldwork is completed in two to four weeks. In economies where face-to-face surveys are conducted, the first stage of sampling is the identification of primary sampling units. These units are stratified by population size, geography, or both, and clustering is achieved through one or more stages of sampling. Where population information is available, sample selection is based on probabilities proportional to population size; otherwise, simple random sampling is used. Random route procedures are used to select sampled households. Unless an outright refusal occurs, interviewers make up to three attempts to survey the sampled household. To increase the probability of contact and completion, attempts are made at different times of the day and, where possible, on different days. If an interview cannot be obtained at the initial sampled household, a simple substitution method is used. Respondents are randomly selected within the selected households by means of the Kish grid. In economies where cultural restrictions dictate gender matching, respondents are randomly selected through the Kish grid from among all eligible adults of the interviewer's gender.
In economies where telephone interviewing is employed, random digit dialing or a nationally representative list of phone numbers is used. In most economies where cell phone penetration is high, a dual sampling frame is used. Random selection of respondents is achieved by using either the latest birthday or Kish grid method. At least three attempts are made to reach a person in each household, spread over different days and times of day.
The sample size in United Kingdom was 1,000 individuals.
Other [oth]
The questionnaire was designed by the World Bank, in conjunction with a Technical Advisory Board composed of leading academics, practitioners, and policy makers in the field of financial inclusion. The Bill and Melinda Gates Foundation and Gallup Inc. also provided valuable input. The questionnaire was piloted in multiple countries, using focus groups, cognitive interviews, and field testing. The questionnaire is available in 142 languages upon request.
Questions on cash withdrawals, saving using an informal savings club or person outside the family, domestic remittances, school fees, and agricultural payments are only asked in developing economies and few other selected countries. The question on mobile money accounts was only asked in economies that were part of the Mobile Money for the Unbanked (MMU) database of the GSMA at the time the interviews were being held.
Estimates of standard errors (which account for sampling error) vary by country and indicator. For country-specific margins of error, please refer to the Methodology section and corresponding table in Asli Demirguc-Kunt, Leora Klapper, Dorothe Singer, and Peter Van Oudheusden, “The Global Findex Database 2014: Measuring Financial Inclusion around the World.” Policy Research Working Paper 7255, World Bank, Washington, D.C.
The decades that followed the Second World War were among the most prosperous in modern history, and are referred to as the Golden Age of Capitalism in many countries. This period came to an end, however, with the 1973-1975 recession. Differences across the bloc Across the OECD member states, there was a significant drop in real GDP growth over the two decades, falling from an average of five percent annual growth in the 1960s to just 3.5 percent annually in most of the 1970s. Of all OECD countries shown here, Japan experienced the highest rate of real GDP growth in both decades, although it dropped from 11 to six percent between these years (Japan's real GDP growth was still higher in the 1970s than the other members' rates in the 1960s). Switzerland saw the largest relative decline over the two periods, with growth in the 1970s below one third of its growth rate in the 1960s. What caused the end of rapid growth? The Yom Kippur War between Israel and its Arab neighbors (primarily Egypt and Syria) resulted in the Arab oil-producing states placing an embargo on Israel's Western allies. This resulted in various energy and economic crises, compounded by other issues such as the end of the Bretton Woods financial system, which had far-reaching consequences for the OECD bloc. Additionally, the cost of agricultural goods and raw materials increased, and there was a very rare case of stagflation across most of the world's leading economies.
The UK regions with the biggest increase in DCMS Sector (excluding Tourism and Civil Society) GVA were London and the East Midlands which grew by 53.3% and 31.4%, respectively, in real terms between 2010 and 2018.
East Midlands, Scotland, West Midlands and Yorkshire and the Humber saw the highest growth in DCMS sectors GVA since 2017 (7.0%, 6.8%, 6.0%, and 6.0% respectively).
Activity in DCMS sectors was more concentrated in London than the general economy; 39.6% of DCMS sector GVA was accounted for in London compared to 23.6% for the total UK economy.
GVA from the Creative Industries, Cultural, Digital and Telecoms sectors was largely concentrated in London and the South East. By contrast, GVA from the Sport and Gambling sectors was distributed more evenly across the UK, although these sectors are much smaller in value.
These Economic Estimates are Official Statistics used to provide an estimate of Gross Value Added (GVA) in the DCMS Sectors.
These statistics cover the contributions of the following DCMS sectors to the UK economy;
A definition for each sector is available in the associated https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/829114/DCMS_Sectors_Economic_Estimates_-_Methodology.pdf" class="govuk-link">methodology note along with details of methods and data limitations.
20 May 2020
DCMS aims to continuously improve the quality of estimates and better meet user needs. DCMS welcomes feedback on this release. Feedback should be sent to DCMS via email at evidence@culture.gov.uk.
This release is published in accordance with the Code of Practice for Statistics, as produced by the UK Statistics Authority. The Authority has the overall objective of promoting and safeguarding the production and publication of official statistics that serve the public good. It monitors and reports on all official statistics, and promotes good practice in this area.
The responsible statisticians for this release is Ziga Dernac. For further details about the estimates, or to be added to a distribution list for future updates, please email us at evidence@culture.gov.uk.
The document above contains a list of ministers and officials who have received privileged early access to this release. In line with best practice, the list has been kept to a minimum and those given access for briefing purposes had a maximum of 24 hours.
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United Kingdom UK: Banking Survey: Claims on Government: Net data was reported at 588,924.000 GBP mn in Sep 2018. This records a decrease from the previous number of 602,775.000 GBP mn for Aug 2018. United Kingdom UK: Banking Survey: Claims on Government: Net data is updated monthly, averaging 23,733.000 GBP mn from Jan 1987 (Median) to Sep 2018, with 381 observations. The data reached an all-time high of 622,630.000 GBP mn in Apr 2017 and a record low of -29,210.000 GBP mn in Feb 2007. United Kingdom UK: Banking Survey: Claims on Government: Net data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s United Kingdom – Table UK.IMF.IFS: Financial System: Monetary.
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Experimental estimates to monitor the use of the transport system during the coronavirus (COVID-19) pandemic using Department for Transport (DfT) data.
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The United Kingdom: Banking system capital, percent of assets: The latest value from 2020 is 6.87 percent, an increase from 6.79 percent in 2019. In comparison, the world average is 10.50 percent, based on data from 105 countries. Historically, the average for the United Kingdom from 1998 to 2020 is 6.56 percent. The minimum value, 4.4 percent, was reached in 2008 while the maximum of 9.9 percent was recorded in 2002.
In 2024, agriculture contributed around 0.56 percent to the United Kingdom’s GDP, 16.74 percent came from the manufacturing industry, and 72.79 percent from the services sector. The UK is not a farmer’s marketThe vast majority of the UK’s GDP is generated by the services sector, and tourism in particular keeps the economy going. In 2017, almost 214 billion British Pounds were contributed to the GDP through travel and tourism – about 277 billion U.S. dollars – and the forecasts see an upwards trend. For comparison, only an estimated 10.3 billion GBP were generated by the agriculture sector in the same year. But is it a tourist’s destination still? Though forecasts are not in yet, it is unclear whether travel and tourism can keep the UK’s economy afloat in the future, especially after Brexit and all its consequences. Higher travel costs, having to wait for visas, and overall more complicated travel arrangements are just some of the concerns tourists have when considering vacationing in the UK after Brexit. Consequences of the referendum are already observable in the domestic travel industry: In 2017, about 37 percent of British travelers said Brexit caused them to cut their holidays short by a few days, and about 14 percent said they did not leave the UK for their holidays because of it.