Non-financial business economy, UK (Annual Business Survey): 2022 results

Size and growth within the UK non-financial sectors, as measured by the Annual Business Survey.

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Corrections

24 June 2024 09:30

The Non-Financial Business Economy publication uses estimates from the Annual Business Survey (ABS). A weighting error means these data have now been revised, with the overall impact being minimal.

ONS apologises for any inconvenience caused.

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Notices

24 June 2024

To improve the timeliness of our publications, we have discontinued the previously published Non-financial business economy, UK and regional (Annual Business Survey). We will now deliver the UK and regional elements separately, in our Non-financial business economy, UK (Annual Business Survey) and Non-financial business economy, regional (Annual Business Survey) bulletins.

Cyswllt:
Email Annual Business and Purchases surveys

Dyddiad y datganiad:
8 April 2024

Cyhoeddiad nesaf:
To be announced

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.

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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.

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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.

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5. 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

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Manylion cyswllt ar gyfer y Bwletin ystadegol

Annual Business and Purchases surveys
ABAPS@ons.gov.uk