Services, Credit/Revenue (US dollar) in United Kingdom
United Kingdom: Services, Credit/Revenue (US dollar) was 649.28 billion in 2024. ▲ Rising
Services, Credit/Revenue in United Kingdom, 2005–2024
Source: International Monetary Fund.
Analysis
United Kingdom recorded 649.28 billion for services, credit/revenue in 2024. That is the highest value across all 20 years on record.
The figure is up 10.7% on the previous year and up 62.3% over ten years.
Over the whole period, services, credit/revenue in United Kingdom peaked at 649.28 billion in 2024 and was at its lowest, 256.33 billion, in 2005.
That places United Kingdom 2nd out of 198 countries with data for 2024, putting it in the top 10%.
The long-run direction has been consistently rising across the 20 years of available data.
Services, Credit/Revenue (US dollar) in United Kingdom, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 256.33 billion | — |
| 2006 | 292.60 billion | +14.1% |
| 2007 | 343.00 billion | +17.2% |
| 2008 | 343.10 billion | +0.0% |
| 2009 | 294.56 billion | -14.1% |
| 2010 | 306.57 billion | +4.1% |
| 2011 | 351.46 billion | +14.6% |
| 2012 | 357.46 billion | +1.7% |
| 2013 | 374.98 billion | +4.9% |
| 2014 | 399.97 billion | +6.7% |
| 2015 | 386.12 billion | -3.5% |
| 2016 | 373.13 billion | -3.4% |
| 2017 | 391.20 billion | +4.8% |
| 2018 | 434.30 billion | +11.0% |
| 2019 | 431.91 billion | -0.6% |
| 2020 | 398.32 billion | -7.8% |
| 2021 | 460.07 billion | +15.5% |
| 2022 | 508.56 billion | +10.5% |
| 2023 | 586.55 billion | +15.3% |
| 2024 | 649.28 billion | +10.7% |
United Kingdom compared with similar countries
- United Kingdom's 649.28 billion is above the median for high income countries, which is 24.52 billion, 26.5× the median. (72 countries reporting)
- United Kingdom's 649.28 billion is above the median for Europe & Central Asia, which is 24.52 billion, 26.5× the median. (50 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 305.91 billion | 256.33 billion | 343.10 billion | 5 |
| 2010s | 380.71 billion | 306.57 billion | 434.30 billion | 10 |
| 2020s | 520.56 billion | 398.32 billion | 649.28 billion | 5 |
Countries ranked near United Kingdom
More financial sector data for United Kingdom
- Reserve position in the IMF, US dollar, annual growth rate 10.56 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0018 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 104.99 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 5.29 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0013 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 76.66 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 10.56 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0018 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 104.99 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 5.29 % change on previous year (2025)
Frequently asked questions
- What is services, credit/revenue in United Kingdom?
- Services, credit/revenue in United Kingdom was 649.28 billion in 2024, according to International Monetary Fund.
- What is the highest services, credit/revenue recorded in United Kingdom?
- The highest recorded value was 649.28 billion in 2024.
- What is the lowest services, credit/revenue recorded in United Kingdom?
- The lowest recorded value was 256.33 billion in 2005.
- How does United Kingdom rank for services, credit/revenue?
- United Kingdom ranks 2nd out of 198 countries with data for 2024.
- Is services, credit/revenue rising or falling in United Kingdom?
- Over the last ten years it is up 62.3%. The long-run trend across the full record is rising.
- Where does this United Kingdom data come from?
- The figures come from International Monetary Fund, published as part of Services, Credit/Revenue (US dollar). Statizoid updates them automatically from the source API.
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About this data
The World and Country Group Aggregates (historically called BOPSY) is an annual publication, released each November, of major balance of payments and international investment position components for countries, country groups, and the world.