Tourism direct gross value added by sector UK 2020

The direct gross value added (GVA) of the tourism industry in the United Kingdom is estimated to decrease sharply across all sectors in 2020 over the previous year due to the coronavirus (COVID-19) pandemic. Overall, accommodation services for visitors recorded the highest GVA in 2020. That year, this sector's gross value added was estimated at roughly 7.2 billion British pounds, dropping from nearly 13.5 billion British pounds in 2019.

Direct gross value added (GVA) of the tourism industry in the United Kingdom (UK) in 2019, with a forecast for 2020, by sector (in billion GBP)

Characteristic	2019	2020*
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Release date

November 2021

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Region

United Kingdom

Survey time period

2019

Supplementary notes

*Nowcast estimate. The source adds the following information: "The method normally used to compile the Nowcast figures relies on data from the Nowcast year. For 2020 this data was not available due to the COVID-19 pandemic. As such, a new method was developed utilising alternative data. This method aims to provide users with 2020 data that is comparable with previous years, although it should be noted that due to lower data content the 2020 nowcast data will likely be subject to greater revision than usual and should be used with caution".

Figures are based on current prices (e.g. nominal, cash, or value, meaning the data are expressed in terms of the prices of the time period being estimated) and not adjusted for inflation. Caution is therefore advised when comparing with previous years.

Figures have been rounded. Further information on the methodology is available here, by checking the Note tab of the source's Excel sheet.

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