Home Selling Value of UK housebuilder delivery on par with the GDP of Cameroon

Value of UK housebuilder delivery on par with the GDP of Cameroon

Across the top 10 major developers, 89,805 properties were delivered to the market in 2019 to a total value of £26.62 billion – only marginally lower than the GDP of Cameroon (£26.94bn) and ahead of the likes of Yemen, Libya and Latvia. 

The best performing housebuilder was Barratt who delivered a staggering £4.89bn of property to the market last year alone. This huge effort sees them rank between the GDPs of Lichenstein (£5.13bn) and Malawai (£4.80bn). 

Taylor Wimpey also delivered a phenomenal level of stock to the market, with the £4.32bn worth of housing placing them between the GDPs of Guam and Curacao. 

Persimmon (£3.42bn), Bellway (£3.18bn) and Berkeley (£2.77bn) all ranked similarly, with the value of property delivered to the market in amongst the GDPs of the Maldives, Eswatini, Sierra Leone and Guyana. 

Countryside (£2.10bn) and Redrow (2.09bn) saw enough homes sold to sit between the GDPs of Guernsey and Andorra, while Crest Nicholson (£1.13bn) and Bovis (£1.08bn) delivered the lowest level of property value to the market, although it was still enough to place them between the GDPs of Gambia and Guinea-Bissau. 

An astounding amount of property has been delivered by the biggest UK housebuilders over the last year and valuable stock not just in a monetary sense, but also in terms of meeting the overwhelming demand for homes across the nation. 

To think that these ten housebuilders alone have delivered property to the tune of £26.2bn is huge, but when you consider this is practically on par with the GDP of Cameroon, it really puts it into perspective. 

This delivery of housing stock doesn’t just help aspirational home buyers climb the ladder but it also brings a huge boost to the wider economy, one that will be vital over this coming year with the looming threat posed by the Coronavirus.

Ranking – by new homes value delivered in 2019
Developer New homes built – total value
Barratt £4,899,686,400
Taylor Wimpey £4,315,298,000
Persimmon £3,420,066,195
Bellway £3,180,115,456
Berkeley £2,766,104,000
Countryside £2,104,011,000
Redrow £2,090,753,500
Galliford Try £1,630,003,500
Crest Nicholson £1,129,856,000
Bovis £1,083,533,400
TOTAL value
Listed 10 developers £26,619,427,451
£26.62 billion
The total value of 10 housebuilders vs GDP comparison
Nation/Housebuilder GDP equivalent (£billion)
Congo, Democratic Republic of the 31.91
Serbia 31.90
Azerbaijan 31.32
Cote d’Ivoire 31.16
Jordan 30.90
Tunisia 30.77
Paraguay 29.98
Turkmenistan 29.21
Bolivia 29.09
Bahrain 27.20
Cameroon 26.94
10 UK House Builders 26.62
Yemen 24.08
Libya 23.54
Latvia 23.35
Korea, North 21.56
Uganda 20.50
Estonia 20.00
Zambia 19.80
Nepal 19.16
El Salvador 19.10
GDP comparison for individual house builders
Nation/Housebuilder GDP equivalent (£billion)
Liechtenstein 5.14
Barratt 4.90
Malawi 4.80
Bermuda 4.72
Monaco 4.62
Eritrea 4.48
Guam 4.46
Taylor Wimpey 4.32
Curacao 4.31
Virgin Islands 3.99
Jersey 3.85
Barbados 3.84
Mauritania 3.80
Fiji 3.77
French Polynesia 3.69
Montenegro 3.68
Togo 3.67
Maldives 3.47
Persimmon 3.42
Eswatini 3.40
Bellway 3.18
Sierra Leone 2.78
Berkeley 2.77
Guyana 2.74
Suriname 2.63
Burundi 2.61
Liberia 2.53
South Sudan 2.36
Gaza Strip 2.26
Timor-Leste 2.14
Faroe Islands 2.13
Lesotho 2.12
Guernsey 2.11
Countryside 2.10
Redrow 2.09
Andorra 2.09
Aruba 2.08
Bhutan 1.85
Cayman Islands 1.73
Greenland 1.71
Galliford Try 1.63
Gibraltar 1.57
Djibouti 1.56
Central African Republic 1.49
Belize 1.43
Cabo Verde 1.37
Saint Lucia 1.30
San Marino 1.27
Antigua and Barbuda 1.17
Seychelles 1.15
Gambia, The 1.14
Crest Nicholson 1.13
Bovis 1.08
Guinea-Bissau 1.04
Solomon Islands 1.00
Northern Mariana Islands 0.96
Grenada 0.86
British Virgin Islands 0.79
Sources:
Nation GDPs CIA World fact book
Housebuilders Source
Persimmon source2-persimmon
Bovis source3-bovis
Bellway source4-bellway
Taylor Wimpey source5-TW
Barratt source6-barratt
Countryside source7-countryside
Crest Nicholson source8-CN
Redrow source9-redrow
Berkeley source10-berkeley
Galliford Try source11-GT

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