ÌÇÐÄÆƽâ°æ

Share of currency in circulation (CIC) to the nominal GDP of the United Kingdom (UK) from 2012 to 2023

© ÌÇÐÄÆƽâ°æ 2026
Download
Show detailed source information?
Register for free
Already a member?
Log in
Sources

Release date

April 2025

Region

United Kingdom

Survey time period

2012 to 2023

Special properties

No figures were available from before 2012

Supplementary notes

The numbers provided have been calculated from two sources:

  • Currency in circulation in national currency from , as the UK is one of the few countries in the world that does not report this figure to the IMF;
  • Nominal GDP in current prices and national currency from .


The CIC to GDP ratio roughly reflects the overall use of cash in a country. Note, however, that this is quite general (as it looks at the overall market for cash) and does not exclusively look at the component of consumers.

Citation formats

Annual currency in circulation (CIC) to GDP ratio of the UK 2012-2023

Published by K. Scholle, Apr 9, 2025

Coins and banknotes not held by banks in the United Kingdom made up slightly more than percent of GDP in 2021, a percentage that only increased in 2020. This so-called CIC/GDP ratio roughly measures the use of cash in the country. Due to the anonymity of cash transactions, sources struggle to find exact volumes on this. The ratio mentioned here is quite popular in that regard, as the data it needs is relatively easy to find. Some industry experts mention, however, that this ratio is too general and not necessarily reflects retail payments.

Log in or register to access precise data.
Access all statistics starting from $2,388 USD yearly *

* For commercial use only

Basic Account

For single users
$0 USD
Always free
Access limited to Free Statistics. Premium Statistics are not included.
  • Free Statistics
Based on your interests

Starter Account

For single users
$199 USD
per month, billed annually 1
Buy now
  • Free Statistics
  • Premium Statistics

  • The statistic on this page is a Premium Statistic and is included in this account.

Professional Account

For teams of up to 99 users
Talk to sales for pricing
Contact us
  • Free + Premium Statistics
  • Reports
  • Market ÌÇÐÄÆƽâ°æ

1 All prices do not include sales tax. The account requires an annual contract and will renew after one year to the regular list price.

Compare accounts

Statistics on " Digital payment types in the United Kingdom (UK) "

The most important statistics
The most important statistics
The most important statistics
The most important statistics
The most important statistics
The most important statistics
The most important statistics

Other statistics that may interest you Digital payment types in the United Kingdom (UK)

Market share

6

Penetration

8

Biggest brands

7

Users

6

Transaction value

8

Number of transactions

7

Miscellaneous

7

Further Content: You might find this interesting as well

Topics

Digital payments landscape in the UKMobile payments with digital walletsE-commerce in the United Kingdom (UK)Fintech in EuropeDigital payments trends across Europe
Access all statistics starting from $2,388 USD yearly *

* For commercial use only

Basic Account

For single users
$0 USD
Always free
Access limited to Free Statistics. Premium Statistics are not included.
  • Free Statistics
Based on your interests

Starter Account

For single users
$199 USD
per month, billed annually 1
Buy now
  • Free Statistics
  • Premium Statistics

  • The statistic on this page is a Premium Statistic and is included in this account.

Professional Account

For teams of up to 99 users
Talk to sales for pricing
Contact us
  • Free + Premium Statistics
  • Reports
  • Market ÌÇÐÄÆƽâ°æ

1 All prices do not include sales tax. The account requires an annual contract and will renew after one year to the regular list price.

Compare accounts
Learn more about how ÌÇÐÄÆƽâ°æ can support your business.