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