Monarchy

Does The Monarchy Benefit The UK's Economy?

A new report from business valuation consultancy Brand Finance has found that the British royal family is worth £67.5 billion. Even though assets such as the Crown Jewels and Buckingham Palace are worth at least £25.5 billion, much of the monarchy's revenue comes from its brand. Annually, it has an impact on the UK's economy to the tune of £1.8 billion. That includes a £550 million contribution to tourism, a £329 million crown estate surplus and a £150 million contribution to trade.

Description

This chart shows the annual contribution of the monarchy to the UK economy in 2017.

Download Chart
Premium statistics
Estimated economic benefit of tourism related to the British Royal Family in the United Kingdom from 2012 to 2022, with a forecast for 2023 and 2024 (in million GBP)
Premium statistics
Income of the British Royal Family from 2011/12 to 2024/25 (in million GBP)
Value of the Sovereign Grant in the United Kingdom from 2011/12 to 2026/27 (in million GBP)
Premium statistics
Net expenditure of the British Royal Family in the United Kingdom from 2011/12 to 2024/25 (in million GBP)
Estimated fortune of members of the British royal family in 2022 (in millions of U.S. dollars)
Premium statistics
Expenditure of the British Royal Family in the United Kingdom in 2024/25, by item (in million GBP)

Any more questions?

Get in touch with us quickly and easily.
We are happy to help!

Do you still have questions?

Feel free to contact us anytime using our contact form or visit our FAQ page.

Statista Content & Design

Need infographics, animated videos, presentations, data research or social media charts?

More Information