Civil Society’s True Economic Contribution Valued at Nearly £40bn

Research by PBE has estimated that Civil Society contributed £39.6bn to the economy in 2024, representing 1.5% of the economy and comparable to the combined output of the UK’s agriculture and car manufacturing sectors.

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The government’s latest official Gross Value Added (GVA) statistics, which follow international accounting rules, estimate that civil society contributed £18.5bn in 2023 but PBE estimates it much higher as they include the value of volunteering, adding £15.5bn per year. Read more here.