Total factoring volume to GDP (%) in United Kingdom
United Kingdom: Total factoring volume to GDP (%) was 12.4% in 2020. ▲ Rising
Total factoring volume to GDP in United Kingdom, 2007–2020
Source: Factors Chain International. Measured in %.
Analysis
The most recent figure for total factoring volume to gdp in United Kingdom is 12.4%, measured in 2020.
That represents a change of down 5.3% on the previous year and up 0.7% over ten years.
Over the whole period, total factoring volume to gdp in United Kingdom peaked at 15.3% in 2013 and was at its lowest, 9.5%, in 2008.
United Kingdom ranks 13th of 73 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 14 years of available data.
Total factoring volume to GDP (%) in United Kingdom, year by year
| Year | % | Change |
|---|---|---|
| 2007 | 12.8% | — |
| 2008 | 9.5% | -25.3% |
| 2009 | 11.4% | +19.7% |
| 2010 | 12.3% | +7.6% |
| 2011 | 14.2% | +15.9% |
| 2012 | 14.4% | +0.9% |
| 2013 | 15.3% | +6.2% |
| 2014 | 13.9% | -8.9% |
| 2015 | 14.0% | +0.7% |
| 2016 | 12.8% | -8.5% |
| 2017 | 14.6% | +14.2% |
| 2018 | 12.8% | -12.2% |
| 2019 | 13.1% | +1.7% |
| 2020 | 12.4% | -5.3% |
United Kingdom compared with similar countries
- United Kingdom's 12.4% is above the median for high income countries, which is 5.9%, 2.1× the median. (44 countries reporting)
- United Kingdom's 12.4% is above the median for Europe & Central Asia, which is 5.9%, 2.1× the median. (38 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 11.2% | 9.5% | 12.8% | 3 |
| 2010s | 13.7% | 12.3% | 15.3% | 10 |
| 2020s | 12.4% | 12.4% | 12.4% | 1 |
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 total factoring volume to gdp in United Kingdom?
- Total factoring volume to gdp in United Kingdom was 12.4% in 2020, according to Factors Chain International.
- What is the highest total factoring volume to gdp recorded in United Kingdom?
- The highest recorded value was 15.3% in 2013.
- What is the lowest total factoring volume to gdp recorded in United Kingdom?
- The lowest recorded value was 9.5% in 2008.
- How does United Kingdom rank for total factoring volume to gdp?
- United Kingdom ranks 13th out of 73 countries with data for 2020.
- Is total factoring volume to gdp rising or falling in United Kingdom?
- Over the last ten years it is up 0.7%. The long-run trend across the full record is rising.
- Where does this United Kingdom data come from?
- The figures come from Factors Chain International, published as part of Total factoring volume to GDP (%). Statizoid updates them automatically from the source API.
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CSV · JSON — 14 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
GDP data provided by IFS and converted into USD using IFS exchange rates.