Distribution of GDP across economic sectors in the United Kingdom 2017

United Kingdom: Distribution of gross domestic product (GDP) across economic sectors from 2007 to 2017

by H. Plecher, last edited Aug 9, 2019
Distribution of GDP across economic sectors in the United Kingdom 2017 In 2017, agriculture contributed around 0.59 percent to the United Kingdom’s GDP, 17.93 percent came from the manufacturing industry, and 70.56 percent from the services sector.
The UK is not a farmer’s market

The 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 million U.S. dollars – and the forecasts see an upwards trend. For comparison, only an estimated 10.3 million 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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United Kingdom: Distribution of gross domestic product (GDP) across economic sectors from 2007 to 2017

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