Browse a full set of economic indicators

United Kingdom

Includes historical data for United Kingdom’s Gross Domestic Product growth, debt-to-GDP ratio and more, as well as information on trade, banking and financial sector leadership.

A Sophisticated Banking System

A thriving hub for business, the United Kingdom offers a favorable environment conducive to trade and investment. With an open economy, a large and high-spending consumer market and a wealth of skilled professionals, the country also boasts sophisticated banking and insurance services, robust infrastructure, a transparent tax system, as well as cutting-edge enterprises in the aeronautics, pharmaceuticals and automotive sectors, among others.

The United Kingdom also faces challenges. Among them are high public and household debt, inflationary pressures, trade disruptions and economic uncertainties stemming from Brexit.

Macroeconomy & Sovereign Data

Type of Government Parliamentary constitutional monarchy; a Commonwealth realm
Capital London
Sovereign Ratings S&P: AA
Moody’s: Aa3
Fitch: AA–
Total Population 68.4 million
Median Age 40.3
Adult Per Capita Income (PPP) 54,148.14
Total GDP (2023) 3.5 trillion

United Kingdom GDP & Economic Overview

Most Recent Content

Banking & Finance

Trade & Investment

Total Exports USD 723.0 billion (2023)
Leading Exports Cars
Gas Turbines
Crude Petroleum
Packaged Medicines
Total Imports USD 462.5 billion (2022)
Leading Imports Gold
Natural Gas
Crude Petroleum
Packaged Medicines
Source: World Integrated Trade Solution

United Kingdom Leading Companies

HSBC Holdings  Financials
Barclays  Financials
Lloyds Banking Group  Financials
BP  Integrated Oil & Gas
Vodafone  Telecommunication Services
GlaxoSmithKline  Pharmaceuticals
Unilever  Consumer Staples, Household Products

Major Trade Partners — Import

China 13%
Germany 11%
United States 9%
Netherlands 6%
Norway 5%

Source: World Integrated Trade Solution

Major Trade Partners — Export

United States 13%
Germany 9%
Switzerland 8%
Netherlands 8%
Ireland 6%

Source: World Integrated Trade Solution

Data Sources:

IMF World Economic Outlook

UN World Population Prospects

World Inequality Report

S&P Global Ratings


Fitch Ratings

IMF Direction of Trade Statistics (DOTS)

UN Conference on Trade and Development (UNCTAD)

CIA The World Factbook

World Bank’s World Integrated Trade Solution

Forbes Global 2000