Key facts about the UK as an international financial centre 2019

The UK remains the world’s leading net exporter of financial services (£61.9bn), followed by the US (£47.3bn) and Switzerland (£17.5bn). As a single country, the US accounts for the largest part of the UK’s financial services net exports, at 26.6% of the total, with the EU as a bloc accounting for the largest part overall (40.5% - with the Netherlands 8.4%, Germany 7%, and France 6.7% being the top three destinations in the EU).

The UK also increased its global market share in key financial markets, including interest rates OTC derivatives (to 50% from 39%) and foreign exchange turnover (to 43% from 37%) during the period 2016-2019. In both cases, the UK remains the global market leader by a considerable margin.