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Total number of banknotes in circulation in the United Kingdom (UK) from 2014 to 2024, by denomination (in millions)

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Source

Release date

May 2024

Region

United Kingdom

Survey time period

2014 to 2024

Special properties

Amounts indicated as of end of February for each year, which is the date of each year's release for Bank of England banknote statistics.

Citation formats

Number of banknotes in circulation in the UK 2014-2024, by denominations

Published by K. Scholle, Feb 3, 2025
This statistic shows the total amount of British pound banknotes in circulation in the United Kingdom (UK) from 2014 to 2021, broken down by denomination. In 2021, approximately *** billion ** British pound banknotes were in circulation in the UK, making this the note most frequently used and readily available at that time. The total number of banknotes of all denominations in circulation amounted to *** billion British pound banknotes as of the end of ***. The denomination of British pound note with the smallest number in circulation was the ** pound note.
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