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Indicators of economy in the United Kingdom

The essential economic performance of a country is reflected by the gross domestic product. So the total of all goods and services sold. Worldwide gross domestic product in 2020 was at about 10.922 US Dollar per capita. In contrast, the GDP in the United Kingdom reached 40.285 US dollars per inhabitant, or 2,707.74 bn US Dollar in the whole country. The United Kingdom is one of the world's largest economies and is currently at rank 5. If this is calculated per inhabitant taking into account the purchasing power parity, then the United Kingdom is in the list of the world's richest countries in place 22.

Inflation in the United Kingdom was in 2020 at around 0.99%. For the the EU, the average of the same was year at 0.51%.

Compared to Germany, the prices of daily necessities are approximately 11.28% higher.
The Corruption Perceptions Index for the public sector counts 77 and is compared to other countries good.


Back to overview: United Kingdom

Unemployment rates in percent 1991 - 2020

Economic performance 2020

 United Kingdom
Total
United Kingdom
per capita
EU
Total
EU
per capita
GDP2,707.74 bn USD40,284.64 USD15,192.65 tn USD29,499.72 USD
Gross national product2,815.81 bn USD41,892.34 USD16,042.23 tn USD31,149.36 USD


the United Kingdom ranked 18th in the Bloomberg Innovation Index in 2021. The index is calculated annually and most recently included 60 countries. The front-runner was South Korea. 77 of the 2000 largest listed companies in the world originate from the United Kingdom. This is determined annually in the "Forbes Global 2000" list. The 10 largest companies in the country were in 2020:

Rank 44: HSBC Holdings (London)
Rank 91: British American Tobacco (London)
Rank 97: GlaxoSmithKline (Middlesex)
Rank 114: Rio Tinto (London)
Rank 115: Lloyds Banking Group (London)
Rank 178: Linde (Guildford)
Rank 181: Barclays (London)
Rank 192: Legal & General Group (London)
Rank 207: Royal Bank of Scotland (Edinburgh)
Rank 213: Aviva (London)

Development of the Gross domestic product in billion US Dollar 1979 - 2020


Household debt and deficits 2019


 United Kingdom
Total
United Kingdom
per capita
EU
Total
EU
per capita
Gross debt2,488.31 bn USD37,019.96 USD14,618.72 tn USD28,385.31 USD
Budget deficit65.32 bn USD971.81 USD148.52 bn USD288.39 USD


Im- and Exports 2020

 United Kingdom
Total
United Kingdom
per capita
EU
Total
EU
per capita
Imports924.90 bn USD13,760.26 USD8,073.39 bn USD15,676.19 USD
Exports894.22 bn USD13,303.75 USD8,622.21 bn USD16,741.84 USD


Development of imports and exports in billion US dollars 1979 - 2020

Exports
Imports



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