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.
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.
1 | Total value of UK retail sales in 2019 | £394 Billion | |
2 | People employed in UK retail in 2019 | 2.9 million | |
3 | Proportion of consumer spending that goes through retail | 1/3 | |
4 | Proportion of retail sales made online in 2019 | 19% | |
5 | Growth in UK retail sales in 2019 | 3.4% | |
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 2019 | 10% | |
10 | Online sales have risen three fold in the last 10 years | 324% |
Source: ONS, Eurostat, Retail Economics
Retail Economics is an independent economics consultancy focused on UK retail and consumer markets.
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