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Number of private sector businesses in the UK 2000-2019

In 2019 there were approximately 5.87 million private businesses operating in the United Kingdom, an increase of 200 thousand when compared with the previous year. There has been a net increase of 2.4 million business enterprises since 2000, when there were 3.47 million. During the provided time period, the largest annual rise in the number of businesses occurred between 2013 and 2014, which saw a net increase of approximately 340 thousand private enterprises.

Employment in the UK private sector

Out of the 31.5 million people in the United Kingdom currently in employment, almost 27.5 million people in the United Kingdom are employed by private sector enterprises, highlighting their key role in the UK economy. Additionally, a significant share of the UK workforce are employed by the 3.77 thousand large companies which employ over 500 people. As of 2019, large companies employed over 9.5 million people despite only composing a fraction of the total number of UK private enterprises.

Retail and wholesale dominate

Over 5 million people were employed in retail and wholesale in 2019, the most of any sector. Retail and wholesale enterprises were also responsible for the highest combined turnover of UK businesses, at almost 1.4 trillion British pounds. The sector with the most enterprises overall was construction, with around a sixth of UK private enterprises belonging to this industry.

Number of private sector businesses in the United Kingdom from 2000 to 2019

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Source

Release date

January 2020

Region

United Kingdom

Survey time period

2000 to 2019

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Statistics on "Business enterprises in the UK"

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