Providing financial services to the world

Exports from UK financial services firms amounted to £97.2bn in 2022 and generated £75.6bn of trade surplus, according to new data published in the ONS Pink Book.

Financial services trade continues to be a major driver of the UK economy and is by far the largest contributing sector of the UK’s services trade surplus. Exporting over four times the worth of financial services than it imported, UK financial services accounted for 50% of the UK’s entire services trade surplus.

£75.6bn trade surplus in 2022