Spotlight
Non-financial business economy, UK (Annual Business Survey): 2024 results
What's in the bulletin?
- The approximate gross value added at basic prices (aGVA) of the UK non-financial business economy was estimated to be £1,725.2 billion in 2024; this is an increase of £62.4 billion (3.7%) compared with the revised 2023 results.
- The non-financial services sector, which accounted for over half (59.2%) of total aGVA in 2024, increased by £57.8 billion (6.0%), to £1021.6 billion; administrative and support service activities saw the largest increase in aGVA, of £13.4 billion (8.6%), increasing from £156.1 billion to £169.5 billion.
- Total turnover and purchases of the UK non-financial business economy were estimated to be £5,089.0 billion and £3,346.7 billion in 2024, respectively; this is an increase of £41.7 billion (0.8%) and a decrease of £29.4 billion (negative 0.9%) compared with 2023.
Business insights and impact on the UK economy: 3 September 2026
What's in the bulletin?
- In August 2026, 28% of businesses with 10 or more employees reported that they were concerned about international conflict impacting supply chains over the next year, while 21% were concerned about the impact of shipping disruption; these proportions were broadly stable compared with July 2026, but up 17 and 12 percentage points, respectively, from September 2025.
- In August 2026, 13% of businesses with 10 or more employees reported that they were concerned about climate change impacting supply chains over the next year, rising 4 percentage points compared with July (9%) and 9 percentage points from September 2025 (4%).
- Of businesses with 10 or more employees that were concerned about supply chain factors in August 2026, 53% expected the cost of sourcing materials to increase, and 46% expected transportation costs to increase; these are both broadly stable compared with July 2026, but 5 and 12 percentage point rises, respectively, from September 2025.
Energy, goods and services used by UK businesses
Expenditure on energy, goods and services used as inputs to UK business processes by product type and industry. Estimates from the 2024 Annual Purchases Survey. These are official statistics in development.
Datasets related to Business services
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Business insights and impact on the UK economy confidence intervals
Confidence intervals for weighted estimates from the voluntary fortnightly Business Insights and Conditions Survey (BICS) about financial performance, workforce, prices, trade, and business resilience. These are official statistics in development.
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Business insights and impact on the UK economy
Weighted estimates from the voluntary fortnightly Business Insights and Conditions Survey (BICS) about financial performance, workforce, prices, trade, and business resilience. These are official statistics in development.
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Energy, goods and services used by UK businesses
High-level and detailed table of intermediate consumption proportions and values by industry group, UK. These are official statistics in development.
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Non-financial business economy, UK: Sections A to S
Size and growth within UK non-financial business sectors, as measured by the Annual Business Survey, by four-digit Standard Industrial Classification 2007.
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Non-financial business economy, regional results: Sections A to S
Annual data on business turnover, approximate gross value added (aGVA), purchases and employment costs, from the Annual Business Survey. Two-digit Standard Industrial Classification 2007 group by region or country.
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Business impact of coronavirus, analysis over time, UK: Waves 2 to 5 panel
The indicators and analysis presented in this article are based on selected responses over time from the new voluntary fortnightly business survey, which captures businesses responses on how their turnover, workforce, prices, trade and business resilience have been affected in the two week reference period. This data relates to the period 23 March 2020 to 17 May 2020 (Wave 2 to Wave 5).
Publications related to Business services
Statistical bulletins
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Business insights and impact on the UK economy: 3 September 2026
The impact of challenges facing the economy and other events on UK businesses, including financial performance, workforce, trade and business resilience.
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Non-financial business economy, UK (Annual Business Survey): 2024 results
Size and growth within the UK non-financial sectors, as measured by the Annual Business Survey.
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Non-financial business economy, regional (Annual Business Survey): 2024 results
Size and growth within the UK and regional non-financial sectors as measured by the Annual Business Survey.
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Energy, goods and services used by UK businesses: 2024
Expenditure on energy, goods and services used as inputs to UK business processes by product type and industry. Estimates from the 2024 Annual Purchases Survey. These are official statistics in development.
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Non-financial business economy, UK (Annual Business Survey): 2017 provisional results
Size and growth within the UK's non-financial business sectors: non-financial services, distribution, production, construction and agriculture.
Articles
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Foreign-owned businesses in the UK non-financial business economy
Annual estimates of the number of foreign-owned businesses, turnover and approximate gross value added (aGVA) in the UK non-financial business economy for 2021 and revised estimates for 2020, from the Annual Business Survey (ABS).
Methodology related to Business services
Find, compare and visualise statistics about places within the United Kingdom.