UK wage growth by sector 2024

As of the third quarter of 2024, wages in the UK finance and business services sector grew by approximately 4.1 percent, compared with 5.8 percent in the manufacturing sector, and 5.4 percent in the construction industry.

Average growth of weekly earnings in the United Kingdom from 1st quarter 2001 to 3rd quarter 2024, by industry sector

Characteristic	Services	Finance and business services	Manufacturing	Construction	Wholesaling, retailing, hotels & restaurants
Q3 2024	4.1%	4.1%	5.8%	5.4%	4.9%
Q2 2024	4.4%	5.9%	6.7%	3.3%	5%
Q1 2024	6.1%	6.8%	6.2%	2.3%	4.8%
Q4 2023	6%	6.2%	6%	4.4%	6%
Q3 2023	7.9%	9%	7.5%	4.6%	5.8%
Q2 2023	8.5%	8.5%	8%	5.2%	4.5%
Q1 2023	6.4%	7.7%	6.5%	4%	4%
Q4 2022	6.5%	5.1%	5.9%	5.9%	5.9%
Q3 2022	5.9%	6%	5%	5.2%	6.8%
Q2 2022	5.4%	6.5%	4%	6.1%	7.7%
Q1 2022	7.2%	10.3%	4.4%	7.3%	8.7%
Q4 2021	5%	9%	2.6%	2.5%	4.5%
Q3 2021	6.2%	9.5%	3.9%	7.2%	6%
Q2 2021	8.8%	12.4%	7%	14.3%	11.2%
Q1 2021	4.8%	6%	2%	1.1%	2.5%
Q4 2020	5.2%	6.9%	1.6%	2.1%	4.2%
Q3 2020	2.1%	2.7%	-0.4%	-3.8%	-0.4%
Q2 2020	-0.3%	-1%	-3.5%	-10.3%	-5.4%
Q1 2020	2.5%	1.8%	1.8%	2.2%	2.1%
Q4 2019	2.7%	3.5%	2.6%	3.1%	1%
Q3 2019	3.8%	4.6%	2.6%	6.1%	3.1%
Q2 2019	4.1%	5.4%	2.6%	6%	2.3%
Q1 2019	3.4%	3.3%	1.7%	4%	1.7%
Q4 2018	3.6%	3.8%	1.6%	4.4%	2.9%
Q3 2018	3.2%	2.4%	2.1%	3.6%	3.5%
Q2 2018	2.1%	1%	2.6%	5.2%	3.1%
Q1 2018	2.7%	2.8%	2.8%	4.6%	2.3%
Q4 2017	2.6%	2.9%	3.1%	1.4%	2.1%
Q3 2017	2.3%	3%	1.9%	2.4%	1.4%
Q2 2017	2.5%	2.6%	1.2%	0.1%	2.2%
Q1 2017	2.3%	1.6%	1.8%	1.8%	2.9%
Q4 2016	2.3%	0.9%	1.6%	6.4%	3.7%
Q3 2016	2.2%	2.1%	2.4%	4.3%	3.2%
Q2 2016	2.5%	3.5%	2.8%	5%	2.6%
Q1 2016	2%	3.2%	2.3%	4.5%	1.1%
Q4 2015	1.9%	2.2%	1.9%	2.3%	3.1%
Q3 2015	3.1%	3.6%	2%	2.3%	4.2%
Q2 2015	2.5%	2.9%	1.4%	3.6%	3.7%
Q1 2015	2.7%	2.3%	0.8%	1.4%	4.5%
Q4 2014	2.1%	3.1%	1.5%	2.5%	1.3%
Q3 2014	0.7%	0.7%	1.8%	1.7%	-0.5%
Q2 2014	-0.2%	-2.8%	1.5%	-2.1%	1%
Q1 2014	1.4%	-0.1%	3.1%	2.4%	3.5%
Q4 2013	0.9%	-0.3%	2.5%	0.2%	2.9%
Q3 2013	0.6%	-1.1%	1.8%	0.6%	3.7%
Q2 2013	2.2%	2.9%	2.5%	0.4%	3.1%
Q1 2013	0.5%	-0.7%	2.2%	-2.8%	0.7%
Q4 2012	1.3%	-0.3%	1.8%	-0.7%	2.5%
Q3 2012	1.9%	1.7%	2%	0.1%	3%
Q2 2012	1.4%	0.7%	2.5%	2.8%	2.2%
Q1 2012	0.5%	-1.7%	0.8%	0.5%	2.6%
Q4 2011	2.1%	3.3%	1.4%	2.9%	2.1%
Q3 2011	2.4%	4.6%	1.5%	2.7%	1.2%
Q2 2011	3.1%	6.5%	1.5%	1.3%	2%
Q1 2011	3%	7.1%	1.3%	0.4%	-0.9%
Q4 2010	2.1%	2.7%	3%	-1.8%	1.3%
Q3 2010	2%	1.7%	4.5%	-1%	2.1%
Q2 2010	1.1%	0.5%	3.5%	0%	1.9%
Q1 2010	4.1%	14%	5%	2.7%	3.6%
Q4 2009	0.1%	0.1%	2.2%	1.2%	2%
Q3 2009	0.2%	-0.5%	0.8%	0.3%	1.3%
Q2 2009	0.7%	0.2%	0.6%	0.1%	0.1%
Q1 2009	-1.6%	-10.9%	1.2%	1.7%	1.6%
Q4 2008	3.2%	4.2%	2.6%	-0.5%	1.2%
Q3 2008	3.3%	4.3%	3%	-0.6%	1.6%
Q2 2008	4.3%	5.5%	4%	4.3%	3.3%
Q1 2008	4.1%	5%	2.5%	4.2%	4%
Q4 2007	4%	2.7%	3.7%	7.6%	5%
Q3 2007	5.2%	5.1%	4.2%	8.3%	6.5%
Q2 2007	4.6%	3%	3.6%	4.6%	6.7%
Q1 2007	6.2%	9.2%	4.3%	5.7%	5.8%
Q4 2006	5.1%	7.3%	3.8%	5.6%	3.9%
Q3 2006	3.9%	5%	3.3%	7.2%	3.4%
Q2 2006	5%	7.5%	4.2%	7.2%	3.3%
Q1 2006	5.1%	7.5%	4.4%	5%	3.2%
Q4 2005	4.6%	5%	3%	6.1%	4%
Q3 2005	5.4%	7.2%	3.5%	3.3%	3.5%
Q2 2005	4.9%	4.7%	3.8%	1.1%	3.3%
Q1 2005	5.2%	7.3%	4.2%	1.1%	4.5%
Q4 2004	5.5%	8.3%	5.2%	0.4%	3.9%
Q3 2004	5.1%	5.5%	4.9%	2.6%	4.3%
Q2 2004	4.4%	5.6%	5%	4.2%	3.9%
Q1 2004	4.2%	2.9%	4.4%	4%	1.8%
Q4 2003	4.1%	2.8%	4%	5.6%	2.2%
Q3 2003	3.3%	2.3%	3.7%	3.9%	1.3%
Q2 2003	3%	3.3%	3.4%	3.3%	1.5%
Q1 2003	2.6%	1.6%	3.4%	4.7%	3.8%
Q4 2002	2.8%	1.5%	3.4%	0.8%	4%
Q3 2002	3.6%	3.2%	3.9%	1.3%	3.8%
Q2 2002	3.7%	1.5%	3.9%	3.4%	4.5%
Q1 2002	3.2%	0%	3.3%	5.1%	3%
Q4 2001	4.3%	2.8%	3.8%	6.1%	2.8%
Q3 2001	4.8%	5%	4.1%	9.1%	4.4%
Q2 2001	6.2%	7.3%	3%	8.8%	4.2%
Q1 2001	6.9%	13.1%	3.9%	7%	4.6%

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Release date

November 2024

More information

Region

United Kingdom

Survey time period

Q1 2001 to Q3 2024

Supplementary notes

This statistic is using original data from the Office for National Statistics and includes copyright material from © Crown, licensed under the Open Government License v3.0.

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