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.

GDP from Services in the United Kingdom increased to 515505 GBP Million in the third quarter of 2025 from 514541 GBP Million in the second quarter of 2025. This dataset provides - United Kingdom Gdp From Services- actual values, historical data, forecast, chart, statistics, economic calendar and news.

United Kingdom UK: GDP: % of GDP: Gross Value Added: Services data was reported at 70.068 % in 2017. This records a decrease from the previous number of 70.604 % for 2016. United Kingdom UK: GDP: % of GDP: Gross Value Added: Services data is updated yearly, averaging 69.501 % from Dec 1990 (Median) to 2017, with 28 observations. The data reached an all-time high of 72.469 % in 2009 and a record low of 64.438 % in 1995. United Kingdom UK: GDP: % of GDP: Gross Value Added: Services data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s UK – Table UK.World Bank: Gross Domestic Product: Share of GDP. Services correspond to ISIC divisions 50-99 and they include value added in wholesale and retail trade (including hotels and restaurants), transport, and government, financial, professional, and personal services such as education, health care, and real estate services. Also included are imputed bank service charges, import duties, and any statistical discrepancies noted by national compilers as well as discrepancies arising from rescaling. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The industrial origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3 or 4.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted average;

Monthly movements in output for the services industries: distribution, hotels and restaurants; transport, storage and communication; business services and finance; and government and other services.

Breakdown of UK trade in services by business characteristics on a balance of payments basis using a new experimental dataset.

United Kingdom UK: GDP: % of GDP: Imports of Goods and Services data was reported at 31.933 % in 2017. This records an increase from the previous number of 30.327 % for 2016. United Kingdom UK: GDP: % of GDP: Imports of Goods and Services data is updated yearly, averaging 25.225 % from Dec 1960 (Median) to 2017, with 58 observations. The data reached an all-time high of 32.050 % in 2011 and a record low of 18.900 % in 1966. United Kingdom UK: GDP: % of GDP: Imports of Goods and Services data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s UK – Table UK.World Bank: Gross Domestic Product: Share of GDP. Imports of goods and services represent the value of all goods and other market services received from the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted Average;

Monthly and annual movements in output for services and their industry sections and components, by chained volume indices of gross value added, UK.

United Kingdom UK: GDP: Growth: Gross Value Added: Services data was reported at 1.516 % in 2017. This records a decrease from the previous number of 1.846 % for 2016. United Kingdom UK: GDP: Growth: Gross Value Added: Services data is updated yearly, averaging 2.632 % from Dec 1991 (Median) to 2017, with 27 observations. The data reached an all-time high of 4.829 % in 1997 and a record low of -2.785 % in 2009. United Kingdom UK: GDP: Growth: Gross Value Added: Services data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s United Kingdom – Table UK.World Bank.WDI: Gross Domestic Product: Annual Growth Rate. Annual growth rate for value added in services based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. Services correspond to ISIC divisions 50-99. They include value added in wholesale and retail trade (including hotels and restaurants), transport, and government, financial, professional, and personal services such as education, health care, and real estate services. Also included are imputed bank service charges, import duties, and any statistical discrepancies noted by national compilers as well as discrepancies arising from rescaling. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The industrial origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3 or 4.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted average;

The government of the United Kingdom borrowed approximately 2.6 percent worth of its GDP in the 2024/25 financial year, compared with 2.3 percent in 2023/24. In 2020/21, government borrowing reached 11.6 percent of GDP, due to increased financial support to public services during the COVID-19 pandemic, combined with reduced revenue because of societal lockdowns.

United Kingdom UK: GDP: Growth: Imports of Goods and Services data was reported at 3.219 % in 2017. This records a decrease from the previous number of 4.832 % for 2016. United Kingdom UK: GDP: Growth: Imports of Goods and Services data is updated yearly, averaging 5.114 % from Dec 1961 (Median) to 2017, with 57 observations. The data reached an all-time high of 17.535 % in 1970 and a record low of -9.710 % in 2009. United Kingdom UK: GDP: Growth: Imports of Goods and Services data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s United Kingdom – Table UK.World Bank.WDI: Gross Domestic Product: Annual Growth Rate. Annual growth rate of imports of goods and services based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. Imports of goods and services represent the value of all goods and other market services received from the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted average;

The statistic shows the growth rate in the real GDP in the United Kingdom from 2020 to 2024, with projections up until 2030. In 2024, the rate of GDP growth in the United Kingdom was at around 1.1 percent compared to the previous year.The economy of the United KingdomGDP is used an indicator as to the shape of a national economy. It is one of the most regularly called upon measurements regarding the economic fitness of a country. GDP is the total market value of all final goods and services that have been produced in a country within a given period of time, usually a year. Inflation adjusted real GDP figures serve as an even more telling indication of a country’s economic state in that they act as a more reliable and clear tool as to a nation’s economic health. The gross domestic product (GDP) growth rate in the United Kingdom has started to level in recent years after taking a huge body blow in the financial collapse of 2008. The UK managed to rise from the state of dark desperation it was in between 2009 and 2010, from -3.97 to 1.8 percent. The country suffered acutely from the collapse of the banking industry, raising a number of questions within the UK with regards to the country’s heavy reliance on revenues coming from London's financial sector, arguably the most important in the world and one of the globe’s financial command centers. Since the collapse of the post-war consensus and the rise of Thatcherism, the United Kingdom has been swept along in a wave of individualism - collective ideals have been abandoned and the mass privatisation of the heavy industries was unveiled - opening them up to market competition and shifting the economic focus to that of service.The Big Bang policy, one of the cornerstones of the Thatcher government programs of reform, involved mass and sudden deregulation of financial markets. This led to huge changes in the way the financial markets in London work, and saw the many old firms being absorbed by big banks. This, one could argue, strengthened the UK financial sector greatly and while frivolous and dangerous practices brought the sector into great disrepute, the city of London alone brings in around one fifth of the countries national income making it a very prominent contributor to wealth in the UK.

Monthly data on the UK's trade in goods and services, including trade inside and outside the EU. This replaces our previous dataset, UK trade: goods and services (up until July 2018).

This statistic shows the United Kingdom (UK) financial and insurance industries gross value added (GVA) as a share of the UK's total economic output. It can be seen that in the years running up to the global financial crisis the United Kingdoms finance and insurance industry became a major factor of its economic gross value added output. in 2009 (one year post financial crisis) the UK's finance and insurance industry accounted for nine percent of its GVA. Since then there has been a steady decrease amounting to 6.9 percent as of 2018. In 2017, London accounted for almost half of financial sectors GVA.

United Kingdom UK: GDP: Growth: Exports of Goods and Services data was reported at 5.663 % in 2017. This records an increase from the previous number of 2.322 % for 2016. United Kingdom UK: GDP: Growth: Exports of Goods and Services data is updated yearly, averaging 4.530 % from Dec 1961 (Median) to 2017, with 57 observations. The data reached an all-time high of 21.354 % in 1970 and a record low of -8.687 % in 2009. United Kingdom UK: GDP: Growth: Exports of Goods and Services data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s United Kingdom – Table UK.World Bank.WDI: Gross Domestic Product: Annual Growth Rate. Annual growth rate of exports of goods and services based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. Exports of goods and services represent the value of all goods and other market services provided to the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted average;

In 2024, the United Kingdom exported approximately 508 billion British pounds worth of services to the rest of the world, with approximately 101.4 billion of these services being financial. 'Other Business Services' that did not belong to a specific sector accounted for over 183 billion pounds of UK service exports.

Graph and download economic data for Non-Dwelling Capital Services (Whole Economy) in the United Kingdom (NDCSUKQ) from Q4 1965 to Q4 2015 about academic data, United Kingdom, capital, and services.

In 2024, the gross domestic product (GDP) of the United Kingdom grew by 0.9 percent and is expected to grow by just one percent in 2025 and by 1.9 percent in 2026. Growth is expected to slow down to 1.8 percent in 2027, and then grow by 1.7, and 1.8 percent in 2027 and 2028 respectively. The sudden emergence of COVID-19 in 2020 and subsequent closure of large parts of the economy were the cause of the huge 9.4 percent contraction in 2020, with the economy recovering somewhat in 2021, when the economy grew by 7.6 percent. UK growth downgraded in 2025 Although the economy is still expected to grow in 2025, the one percent growth anticipated in this forecast has been halved from two percent in October 2024. Increased geopolitical uncertainty as well as the impact of American tariffs on the global economy are some of the main reasons for this mark down. The UK's inflation rate for 2025 has also been revised, with an annual rate of 3.2 percent predicated, up from 2.6 percent in the last forecast. Unemployment is also anticipated to be higher than initially thought, with the annual unemployment rate likely to be 4.5 percent instead of 4.1 percent. Long-term growth problems In the last two quarters of 2023, the UK economy shrank by 0.1 percent in Q3 and by 0.3 percent in Q4, plunging the UK into recession for the first time since the COVID-19 pandemic. Even before that last recession, however, the UK economy has been struggling with weak growth. Although growth since the pandemic has been noticeably sluggish, there has been a clear long-term trend of declining growth rates. The economy has consistently been seen as one of the most important issues to people in Britain, ahead of health, immigration and the environment. Achieving strong levels of economic growth is one of the main aims of the Labour government elected in 2024, although after almost one year in power it has so far proven elusive.