1. Main points
In 2022, approximate gross value added at basic prices (aGVA) of the UK non-financial business economy was estimated to be £1,603.1 billion, an increase of £226.2 billion (16.4%) compared with 2021.
The non-financial services sector, which accounted for over half (56.2%) of total aGVA in 2022, increased by £132.7 billion (17.3%) to £900.1 billion; administrative and support service activities saw the largest increase in aGVA of £31.5 billion (25.1%) increasing from £125.5 billion to £157.0 billion.
Total turnover and purchases of the UK non-financial business economy were estimated to be £4,940.1 billion and £3,356.6 billion respectively, an increase of £817.3 billion (19.8%) and £612.6 billion (22.3%) compared with 2021.
2. Annual Business Survey data
Non-financial business economy, UK: changes year-on-year
Dataset | Released 08 April 2024
Annual revisions and year-on-year changes to business turnover, approximate gross value added (aGVA) and purchases within the UK non-financial business sectors as measured by the Annual Business Survey; Standard Industrial Classification 2007 by broad industry group.
Non-financial business economy, UK: quality measures
Dataset | Released 08 April 2024
Quality measures for annual data on size and growth within the UK non-financial business sectors as measured by the Annual Business Survey.
Non-financial business economy, UK: Sections A to S
Dataset | Released 08 April 2024
Annual data on size and growth within the UK non-financial business sectors as measured by the Annual Business Survey, broken down to four-digit Standard Industrial Classification 2007.
Non-financial business economy, UK: employment size-band
Dataset | Released 08 April 2024
Annual data on size and growth within the UK non-financial business sectors as measured by the Annual Business Survey, broken down by employment size-bands.
Non-financial business economy, UK: retail commodities
Dataset | Released 08 April 2024
Annual retail business turnover, retail turnover and commodities, from the Annual Business Survey. Three-digit Standard Industrial Classification 2007 group.
3. Measuring the data
In 2022, 72.8% of sampled businesses were included in the final ABS results. Quality measures for the Annual Business Survey (ABS) results are available in our Non-financial business economy, UK: quality measures dataset.
Employment data
The employment data have been removed from this publication. These data can be found from our Business Register and Employment Survey (BRES) and downloaded from the Nomis web portal.
Data sources and collection
The ABS is a sample survey of approximately 73,000 businesses across the UK. The ABS draws its sample from the Inter-Departmental Business Register (IDBR).
Quality and methodology
More quality and methodology information on strengths, limitations, appropriate uses, and how the data were created is available in our Annual Business Survey (ABS) Quality and Methodology Information report and in our ABS technical report methodology, published on our ABS methodology page.
Accessibility of ABS output datasets
We have reviewed the new accessibility of datasets legislation and updated all datasets within this release. Feedback or questions on the new layout can be emailed to ABAPS@ons.gov.uk.
Nôl i'r tabl cynnwys5. Cite this statistical bulletin
Office for National Statistics (ONS), released 08 April 2024, ONS website, statistical bulletin, Non-financial business economy, UK (Annual Business Survey): 2022 results