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Chapter 03: Non-financial Corporations This product is designated as National Statistics

Released: 31 July 2013 Download PDF

Non-financial corporations

Non-financial corporations produce goods and services for the market and do not, as a primary activity, deal in financial assets and liabilities.

This sector includes, for example, retailers, manufacturers, utilities, business service providers (such as accountancy and law firms), caterers, haulage companies, airlines, construction companies and farms.

The non-financial sector is broken down into two sub-sectors:

·         public sector non-financial corporations,

·         private sector non-financial corporations.

Tables 3.2.1 to 3.2.9 (208.5 Kb Pdf) relate to public non-financial corporations, which are government owned trading businesses

Further information on sector classifications and classification decisions can be found in the National Account Classification section of the Office for National Statistics website.

Private non-financial corporations

 

In 2012 private non-financial corporations’ gross operating surplus (PNFC GOS) increased by 1.2% following 6.0% growth in 2011. PNFC GOS grew steadily between 2002 and 2008 peaking at £257.2 billion in 2008, before falling by 11.4% in 2009. Since 2009 GOS figures have recovered and in 2012 they were £258.8 billion, £1.6 billion above the level in 2008.

Figure 3.1: Annual gross operating surplus of private non-financial corporations, 2002 to 2012

This chart shows the annual gross operating surplus of private non-financial corporations, between 2002 and 2012
Source: Office for National Statistics

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Background notes

  1. Details of the policy governing the release of new data are available by visiting www.statisticsauthority.gov.uk/assessment/code-of-practice/index.html or from the Media Relations Office email: media.relations@ons.gsi.gov.uk

    These National Statistics are produced to high professional standards and released according to the arrangements approved by the UK Statistics Authority.

Get all the tables for this publication in the data section of this publication .
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