Forecast: Public Administration, Defence, Education, Human Health and Social Work Activities Gross Value Added in the UK

In 2023, the Gross Value Added (GVA) for Public Administration, Defence, Education, Human Health, and Social Work Activities in the UK was below the forecasted 2024 value of £557.95 billion. The data shows a consistent growth trend from 2024 to 2028 with GVA values rising steadily each year, peaking at £701.8 billion by 2028.

Year-on-year percentage increases indicate a stable upward trajectory, suggesting strong and resilient sectoral growth. The Compound Annual Growth Rate (CAGR) over the forecast period reflects robust average annual growth.

Future trends to watch for include potential policy shifts affecting funding, demographic changes impacting demand for services, and technological advancements influencing operational efficiencies within these sectors.

• 2024: Begins with a projected rebound at £557.95 billion.
• Continuous growth through 2025 and 2026, witnessing notable increments.
• 2027 and 2028 forecasted to maintain upward momentum, reaching £701.8 billion.
• CAGR reveals sustained growth anticipation over the five-year horizon.
• Monitoring policy changes and demographic trends vital for future outlook.