The British Royal Family - Statistics & Facts

The Royal Family of the United Kingdom is without a doubt one the most instantly and widely recognized institutions in the world. Since 1952 Queen Elizabeth II bore witness to a great volume of cultural and social changes. This chiefly included the gradual diminishment of political power that the head of state and Royal Family possessed. Yet, over the course of many decades, despite experiencing a reduction of political impact in Britain, the Royal Family has played an important role in British society. The Royal Family is extensively regarded as a cultural icon and as a result this branding contributes a substantial amount of revenue through UK tourism, attracting a multitude of international and domestic visitors to the royal estates throughout the UK.

Data regarding the annual Royal Family net expenditure shows that royal spending has increased annually since 2011, growing by roughly one million British pounds each year, reaching 39.8 million British pounds in 2015/2016. A breakdown of Royal Family expenditure shows that in the same year 19.5 million British pounds was spent on payroll costs, of this amount 15.2 million British pounds was spent on employees' salaries and 2.7 million British pounds were paid for pension contributions, according to Royal Family payroll costs.

The total annual income of the Royal Family had a very similar trend to that of the expenditure, increasing annually, the only exception being 2014/2015, whereby there was a drop of approximately 100 thousand British pounds in earnings. According to a breakdown of Royal income, the Royal Family earned 2.9 million British pounds from property rental income; evidenced by data concerning royal funding, they also received a further 40.1 million British pounds.

A major model of revenue for the Royal Family is generated by tourism. Data referencing royal establishment admission numbers show that in 2015/2016, roughly 1.28 million people visited Windsor Castle and Frogmore House, which created nearly 16.7 million British pounds in revenue from ticket admissions at royal estates. The total income of ticket admissions to the Royal Estate helped contribute to a total of 34.4 million British pounds in ticket sales in 2015/2016.
The number of admissions to the Royal Estate experienced an overall increase despite some fluctuation, averaging an income of 13.45 British pounds income per visitor in 2015/2016. This would have inevitably contributed to retail sales income and shop sales income.
A breakdown of royal travel cost displays information regarding travel expenses: in 2015/2016 the Royal Family spent approximately 1.7 million British pounds on helicopter travel.

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The British Royal Family (UK) - Important statistics

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