Coronavirus: impact on the UK economy

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Statista Dossier on the economic impact of Coronavirus (COVID-19) in the United Kingdom

Like many countries battling with the Coronavirus (COVID-19) pandemic, the United Kingdom is currently in a state of lockdown, brought on by successive measures of social distancing. As a consequence, the economy has taken a sudden and dramatic hit, perhaps even more severe than the global financial crisis of 2008. This Dossier on the Economic Impact of Coronavirus in the United Kingdom provides all the important statistics and facts on the economic situation in the UK, and includes macroeconomic data on the entire country, as well as more specific statistics on different industries.

Table of contents

  • 1. Overview
    • GDP growth rate forecasts in Europe 2020-2021

    • Post coronavirus GDP growth forecast in the United Kingdom 2020-2021

    • Monthly GDP growth of the United Kingdom (UK) 2010-2020

    • Quarterly GDP growth of the United Kingdom (UK) 2000-2020

    • Share of businesses that have closed in the UK due to Coronavirus in 2020, by sector

    • Monthly CPI inflation rate in the UK 2010-2020

    • Business Confidence Index (BCI) in the UK 2018-2020

    • Consumer Confidence Index (CCI) of the United Kingdom (UK) 2018-2020

    • Composite PMI in the United Kingdom 2019-2020

  • 2. Labor market
    • Unemployment rate forecasts in Europe 2020-2021

    • Post-coronavirus unemployment rate forecast in the United Kingdom 2020-2021

    • Number of people claiming unemployment benefit in the UK 2010-2020

    • Number of jobs furloughed under the job retention scheme in the UK 2020

    • Value of claims made by companies from the job retention scheme in the UK 2020

    • Number of employers using the job retention scheme in the UK 2020

    • Number of claims made to the self-employment support scheme in the UK 2020

    • Value of claims made to the self-employment support scheme in the UK 2020

  • 3. Financial markets
    • Market capital value of Europe's largest banks since the Coronavirus 2020

    • Market capital value of European stock exchanges since Coronavirus outbreak 2020

    • FTSE 100 Index UK 2019-2020

    • Quantitative easing by the Bank of England 2009-2020

    • Annual change in lending to business in the United Kingdom 2013-2020

  • 4. FMCG & retail
    • Coronavirus stockpiling: y-o-y growth of consumer goods weekly in the UK 2020

    • UK: increases in edible grocery purchases due to COVID-19 outbreak in 2020, by type

    • UK: COVID-19 impact on grocery sales by store in the 12 weeks ending 22nd March 2020

    • Percentage change in online prices of high-demand products in the UK 2020

    • Daily change in footfall during the coronavirus outbreak in the UK March-June 2020

    • Coronavirus impact: y-o-y change in retail footfall in the UK March 2020, by region

    • Retail footfall year-on-year change in the UK July 2020, by location

    • Coronavirus in Europe: impact of lost sales for retailers March-April 2020

    • Coronavirus impact on online orders due to overwhelmed services in the UK 2020

    • Retail job losses and store closures in the UK March 2020

  • 5. Tourism & hospitality
    • Travel & Tourism market forecast revenue growth in the UK 2023, by category

    • International tourist spending in the United Kingdom (UK) 2004-2020

    • Change in hotel TRevPAR due to coronavirus (COVID-19) in Europe March 2020

    • COVID-19 impact on RevPAR of hotels in London April-June 2020

    • COVID-19: forecast hotel occupancy in London April-June 2020

    • Economic impact of cruise sector suspension due to coronavirus for the UK 2020

    • Decline in pub, bar and restaurant sales due to COVID-19 in the UK 2020

    • Impact of COVID-19 on bar and restaurant footfall in the UK Feb-Mar 2020

  • 6. Entertainment
    • Potential revenue loss of European football leagues due to the coronavirus

    • UEFA revenue loss for cancelling Euro 2020 due to the coronavirus (COVID-19)

    • Coronavirus impact on TV advertising growth y-o-y in Europe 2020

    • Houseparty app downloads during the coronavirus outbreak in the UK 2020

    • COVID-19: media consumption in the United Kingdom (UK) 2020

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