Topic updates

How much does doing the chores add to UK GDP?

Graham Watson

12th November 2016

The ONS has attempted to value the non-traded sector of economic activity - housework and DIY - to the UK economy. It's value? More than £1 trillion per annum, equivalent to 56% of GDP, with women doing more than their fair share, more than double the amount of men.

Read more about these new estimates from this article in the Guardian.

If you want to delve into the data on unpaid care work in the UK then head over to the ONS web site

Graham Watson

Graham Watson has taught Economics for over twenty years. He contributes to Tutor2U, reads voraciously and is interested in all aspects of Teaching and Learning.

© 2002-2024 Tutor2u Limited. Company Reg no: 04489574. VAT reg no 816865400.