Research Report

Providing financial services to the world

Posted: 10 Nov 2022

Resource Type: Research Report


Cover image for 'Providing Financial Services to the World' report

Exports from UK financial services firms amounted to £85.2bn in 2021 and generated £65bn 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 almost 50% of the UK’s entire services trade surplus.

£65bn trade surplus in 2021
The UK’s success as an international financial centre depends on remaining open to trade and investment from around the world.

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