UK Retail Stats & Facts
Here are our 10 key stats and facts about the UK retail sector. Subscribers have access to additional stats and facts through the Retail Economics Help Desk.
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| 1 | Total value of UK retail sales in 2020 | £403 Billion | |
| 2 | People employed in UK retail in 2020 | 2.9 million | |
| 3 | Proportion of consumer spending that goes through retail | 1/3 | |
| 4 | Proportion of retail sales made online in 2020 | 28% | |
| 5 | Growth in UK retail sales in 2020 | 2.2% | |
| 6 | Total number of VAT-registered retailers in the UK in 2019 | 208,760 | |
| 7 | Total number of retail outlets in the UK in 2019 | 306,655 | |
| 8 | Amount retail generates of total GDP (GVA) | 5% | |
| 9 | Average annual growth of online retail sales in 2020 | 45% | |
| 10 | Online sales have risen three fold in the last 10 years | 324% |
Source: ONS, Eurostat, Retail Economics
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Retail Economics is an independent economics consultancy focused on UK retail and consumer markets.
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UK Retail Reports
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If you work in the retail sector…
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