This statistic shows the estimated annual losses from fraud in the United Kingdom (UK) in billion British pounds as of 2017. It is estimated that the private sector annually sees 140 billion British pounds lost from fraud. The public sector on the other hand has an estimated yearly lose of 40.3 billion British pounds. Overall it is estimated that the UK sees a loss of 190 billion British pounds a year through fraud.
Financial cost of fraud per year in the United Kingdom (UK) as of 2017, by sector*
(in billion GBP)
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
Experian, & Centre for Counter Fraud Studies. (November 13, 2017). Financial cost of fraud per year in the United Kingdom (UK) as of 2017, by sector* (in billion GBP) [Graph]. In Statista. Retrieved December 22, 2024, from https://www.statista.com/statistics/751009/financial-burden-of-fraud-uk/
Experian, und Centre for Counter Fraud Studies. "Financial cost of fraud per year in the United Kingdom (UK) as of 2017, by sector* (in billion GBP)." Chart. November 13, 2017. Statista. Accessed December 22, 2024. https://www.statista.com/statistics/751009/financial-burden-of-fraud-uk/
Experian, Centre for Counter Fraud Studies. (2017). Financial cost of fraud per year in the United Kingdom (UK) as of 2017, by sector* (in billion GBP). Statista. Statista Inc.. Accessed: December 22, 2024. https://www.statista.com/statistics/751009/financial-burden-of-fraud-uk/
Experian, and Centre for Counter Fraud Studies. "Financial Cost of Fraud per Year in The United Kingdom (Uk) as of 2017, by Sector* (in Billion Gbp)." Statista, Statista Inc., 13 Nov 2017, https://www.statista.com/statistics/751009/financial-burden-of-fraud-uk/
Experian & Centre for Counter Fraud Studies, Financial cost of fraud per year in the United Kingdom (UK) as of 2017, by sector* (in billion GBP) Statista, https://www.statista.com/statistics/751009/financial-burden-of-fraud-uk/ (last visited December 22, 2024)
Financial cost of fraud per year in the United Kingdom (UK) as of 2017, by sector* (in billion GBP) [Graph], Experian, & Centre for Counter Fraud Studies, November 13, 2017. [Online]. Available: https://www.statista.com/statistics/751009/financial-burden-of-fraud-uk/