Britain’s £10 TRILLION price tag includes £1.9trn of housing, figures reveal

Britain’s £10 TRILLION price tag: Value of entire UK includes £1.9trn of housing and £138bn of trains and buses, ONS figures reveal

  • Figures show that Britain and everything in it is worth £10,049,743,000,000 
  • The country’s housing stock was calculated to be worth £1.9trillion alone 
  • Huge Covid-related public borrowing is likely to have dragged down the total 

Britain would have a price tag of more than £10trillion if the entire country and everything in it went up for sale, official figures have revealed.

The astonishing sum of £10,049,743,000,000 was calculated by the Office for National Statistics. 

The figure includes the value of all buildings, land, machinery, roads, the shares we own and the money in our bank accounts.

Britain would have a price tag of more than £10trillion if the entire country and everything in it went up for sale, official figures have revealed [File photo]

The country’s housing stock was calculated to be worth £1.9trillion alone, while non-residential buildings added up to £880billion. 

Structures including bridges were put at £663billion, while money in circulation and in bank accounts ran to £7.5trillion. 

Meanwhile, transport equipment, including trains and buses, were valued at £138billion.

However, the pandemic is not accounted for as the figure is the value of the UK at the end of 2019. Huge levels of Covid-related public borrowing are likely to have dragged down the total.

The £10trillion represents a fall in the UK’s net worth of 1.3 per cent from 2018 to 2019 – the weakest growth since 2012.

Nevertheless, the sum – £150,000 per Briton – could buy 5.6trillion twin packs of McVities Jaffa Cakes at £1.80 each.