Royal Family

The economic effect of royal babies

The Duke and Duchess of Sussex, Harry and Meghan, welcomed their first child to the world yesterday. While you may have little to no interest in this, there are at least some substantial benefits to the UK economy when a royal baby is born. Prince George's birth, for example, is estimated to have brought in £240 million from spending related to celebrations, souvenirs and books etc. Take a look at our inforgaphic to learn more about the economic effect of royal babies.

This infographic was researched and designed by Statista Content and Information Design.

Description

This chart illustrates the economic effect of royal babies in the UK.

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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)
Economic impact* of the British racing industry in 2012 (in million GBP)
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Expenditure of the British Royal Family in the United Kingdom in 2024/25, by item (in million GBP)
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Income of the British Royal Family from 2011/12 to 2024/25 (in million GBP)
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"What kind of effect do you think immigration generally has on Britain's economy?"* (by country)
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Net expenditure of the British Royal Family in the United Kingdom from 2011/12 to 2024/25 (in million GBP)

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