Bank assets as a share of GDP in the UK 2002-2023
The total assets of the banking industry as a share of gross domestic product (GDP) in the United Kingdom fluctuated notably between 2002 and 2023, averaging around 585 percent. In 2023, assets held at banks amounted to 479.53 percent of the total GDP, a significant decrease compared to the previous year. The value of total assets in the banking sector also slightly declined in 2023, reaching 16.38 trillion U.S. dollars.