This statistic shows the estimated annual losses from fraud in the United Kingdom (UK) in billion British pounds as of 2017. It is estimated that the private sector annually sees 140 billion British pounds lost from fraud. The public sector on the other hand has an estimated yearly lose of 40.3 billion British pounds. Overall it is estimated that the UK sees a loss of 190 billion British pounds a year through fraud.
Financial cost of fraud per year in the United Kingdom (UK) as of 2017, by sector* (in billion GBP)
Basic Account
Get to know the platform
You only have access to basic statistics.
This statistic is not included in your account.
Starter Account
The ideal entry-level account for individual users
- Instant access to 1m statistics
- Download in XLS, PDF & PNG format
- Detailed references
$69 USD $49 USD / Month *
in the first 12 months
Professional Account
Full access
Business Solutions including all features.
* Prices do not include sales tax.
Further Content: You might find this interesting as well
Statistics
- Financial sector sales fraud in the United Kingdom (UK) 2016, by type
- NHS fraud in England 2016, by type
- Charity sector fraud in the United Kingdom (UK) 2015-2016, by fraud type
- Venezuela: risk index of money laundering and terrorist financing 2015-2021
- Risk index of money laundering and terrorist financing in Peru 2015-2022
- Cost per dollar of fraud for retailers and online merchants in the U.S. 2016-2022
- Fraud incidents by amount of financial loss in England and Wales 2016-2017
- Ecuador: risk index of money laundering and terrorist financing 2015-2021
- Risk index of money laundering and terrorist financing in Uruguay 2015-2022
- Proportion of adults who were victims of fraud in England and Wales 2016-2017, by age
- Guyana: risk index of money laundering and terrorist financing 2015-2021
- Risk index of money laundering and terrorist financing in Dominica 2015-2021
- Proportion of computer misuse fraud victims in England and Wales 2016-2017, by age
- Brazil: risk index of money laundering and terrorist financing 2015-2021
- Corruption perception index in Libya 2012-2021
- Insuring a risk on an existing claim when subscribing to an insurance in France 2019
Experian, & Centre for Counter Fraud Studies. (November 13, 2017). Financial cost of fraud per year in the United Kingdom (UK) as of 2017, by sector* (in billion GBP) [Graph]. In Statista. Retrieved June 10, 2023, from https://www.statista.com/statistics/751009/financial-burden-of-fraud-uk/
Experian, und Centre for Counter Fraud Studies. "Financial cost of fraud per year in the United Kingdom (UK) as of 2017, by sector* (in billion GBP)." Chart. November 13, 2017. Statista. Accessed June 10, 2023. https://www.statista.com/statistics/751009/financial-burden-of-fraud-uk/
Experian, Centre for Counter Fraud Studies. (2017). Financial cost of fraud per year in the United Kingdom (UK) as of 2017, by sector* (in billion GBP). Statista. Statista Inc.. Accessed: June 10, 2023. https://www.statista.com/statistics/751009/financial-burden-of-fraud-uk/
Experian, and Centre for Counter Fraud Studies. "Financial Cost of Fraud per Year in The United Kingdom (Uk) as of 2017, by Sector* (in Billion Gbp)." Statista, Statista Inc., 13 Nov 2017, https://www.statista.com/statistics/751009/financial-burden-of-fraud-uk/
Experian & Centre for Counter Fraud Studies, Financial cost of fraud per year in the United Kingdom (UK) as of 2017, by sector* (in billion GBP) Statista, https://www.statista.com/statistics/751009/financial-burden-of-fraud-uk/ (last visited June 10, 2023)
Financial cost of fraud per year in the United Kingdom (UK) as of 2017, by sector* (in billion GBP) [Graph], Experian, & Centre for Counter Fraud Studies, November 13, 2017. [Online]. Available: https://www.statista.com/statistics/751009/financial-burden-of-fraud-uk/