Services turnover in the UK: 2022

Annual statistics on the value of turnover from services provided by the UK service economy.

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Dyddiad y datganiad:
26 February 2024

Cyhoeddiad nesaf:
To be announced

1. Main points

  • Total turnover generated by UK service industries increased by £586.4 billion (19.6%) from £2,989.1 billion in 2021 to £3,575.5 billion in 2022.

  • The wholesale and retail trade industry, including the repair of motor vehicles and motorcycles, generated the most turnover in 2022 at £1,690.7 billion; this was an increase of £281.8 billion (20.0%) since 2021.

  • Turnover generated by businesses outside their main industrial classification (referred to as off-diagonal turnover), was estimated at £545.1 billion in 2022; this represented 15.2% of total turnover (£3,575.5 billion).

  • The largest proportional increase in turnover by service type was from the accommodation and food services industries, which showed an increase of 41.5% between 2021 and 2022.

  • Total production (manufacturing) turnover generated by businesses within UK service industries was estimated at £77.7 billion in 2022, compared with £71.6 billion in 2021.

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2. Services turnover in the UK data

Services turnover in the UK
Dataset | Released 26 February 2024
Annual statistics on the value of turnover from services provided by the UK service economy.

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3. Measuring the data

The Annual Survey of Goods and Services (ASGS) estimates are based on a sample of approximately 40,000 businesses, covering 51 service industries.

ASGS data are produced in compliance with the Code of Practice for Statistics. Further information on this is detailed in the ASGS technical report, which describes the methods used to safeguard the information provided in confidence to us.

The ASGS collects turnover data primarily at the six-digit level as outlined in the Statistical Classification of Products by Activity (CPA code) referred to in this release as service products. Exceptions to this are the wholesale industry which is collected at three-digit level, and the retail trade and waste collection, and treatment and disposal activities industries which are collected at five-digit level.

CPA products that are industry-specific are referred to as “on-diagonal”; these are products assumed most closely related to the business’ main activities, based on businesses’ industrial classification. In contrast, products that are outside a business’ main industrial classification are referred to as “off-diagonal” products.

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5. Cite this statistical bulletin

Office for National Statistics (ONS), released 26 February 2024, ONS website, statistical bulletin, Services turnover in the UK: 2022

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Luke Michaelides
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