Motor industry economic contribution in the United Kingdom 2009-2020

In 2020, the motor industry in the United Kingdom contributed around 15.3 billion British pounds in added value to the UK economy. The industry's economic contribution peaked in 2016 at some 22 billion British pounds. After years on the rise, the country’s gross domestic product decreased from roughly 2.2 billion British pounds in 2019 to just under two billion British pounds in 2020.

Motor vehicle production enterprises in the United Kingdom

The UK was home to approximately 3,500 enterprises in motor vehicle, trailer and semi-trailer manufacturing, the highest number among all European countries. However, of these, only around 10.2 percent had an annual turnover exceeding five million British pounds.

Declining role of the industrial sector

The UK's greatest economic sector in terms of contribution to gross domestic product (GDP) was services. The service industries accounted for more than 70 percent of total GDP in 2020, while manufacturing only accounted for roughly 17 percent.