Economy of the United Kingdom
The United Kingdom has a highly developed social market economy. From 2017 to 2025 it has been the sixth-largest national economy in the world measured by nominal gross domestic... Wikipedia
- Currency: Pound sterling (GBP, £)
- Fiscal year: 1 April to 31 March
- Trade organisations: WTO, G-20, G7, CPTPP and OECD
- GDP: $3.84 trillion (nominal, 2025), $4.45 trillion (PPP, 2025)
- GDP rank: 6th (nominal, 2025), 10th (PPP, 2025)
- GDP growth: 0.4% (2023), 1.1% (2024), 1.2% (2025), 1.4% (2026f)
- GDP per capita: $54,950 (nominal, 2025), $63,660 (PPP, 2025)
- GDP per capita rank: 18th (nominal, 2025), 28th (PPP, 2025)
- GDP by sector: Agriculture: 0.6%, Industry: 17.5%, Services: 72.5%, (2023 est.)
- Inflation (CPI): 3.4% (April 2025)
- Base borrowing rate: 4.5% (Feb 2025)
- Population below poverty line: 21% (2023)
- Gini coefficient: 36.5 medium (2022)
- Human Development Index: 0.946 very high HDI (2023) (13th), 0.869 very high IHDI (2023) (13th)
- Labour force: 33,856,000 / 74.9% in employment (Oct–Dec 2024)
- Unemployment: 1,557,000 / 4.4% (Oct–Dec 2024)
- Average gross salary: £728.30 per week (2024)
- Exports: £837.7 billion (2024) (4th)
- Imports: £865.7 billion (2024) (6th)
- FDI stock: Inward: £2.079 trillion, Outward: £1.854 trillion, (2023)
- Current account: £−53.3 billion (2023)
- Gross external debt: £7.533 trillion (2023) (2nd)
- Net international investment position: £−658.2 billion (2023)
- Public debt: £2.686 trillion / 96% of GDP (2023/24)
- Revenues: £1.098 trillion (2023/24)
- Expenses: £1.230 trillion (2023/24)
- Economic aid: $19.1 billion (2023)
- Data source: DuckDuckGo