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Economic indicators of the United Kingdom : Growth

Main Indicators

Main Indicators 201920202021 (e)2022 (e)2023 (e)
GDP (billions USD) 2,833.302,709.68e3,108.423,442.213,582.34
GDP (Constant Prices, Annual % Change) 1.4-9.8e7.24.72.3
GDP per Capita (USD) 42,417e40,394e46,20050,87952,731
General Government Balance (in % of GDP) -2.31.4e-5.6-4.9-3.5
General Government Gross Debt (in % of GDP) 85.243104.470e108.497107.089109.400
Inflation Rate (%) 1.80.9e2.67.45.3
Current Account (billions USD) -87.65-100.61e-104.62-117.04-115.90
Current Account (in % of GDP) -3.1-3.7e-3.4-3.4-3.2

Source: IMF – World Economic Outlook Database - Latest available data.

Note: (e) Estimated Data

 
Socio-Demographic Indicators 20212022 (e)2023 (e)
Unemployment Rate (%) 5.05.04.7

Source: IMF – World Economic Outlook Database - Latest available data.

 
 
Monetary Indicators 20162017201820192020
British Pound (GBP) - Average Annual Exchange Rate For 1 EUR 0.790.880.880.900.89

Source: World Bank - Latest available data.

 
 

Main Sectors of Industry

Breakdown of Economic Activity By Sector Agriculture Industry Services
Employment By Sector (in % of Total Employment) 1.0 18.1 80.8
Value Added (in % of GDP) 0.6 16.9 72.8
Value Added (Annual % Change) -10.0 -10.8 -9.7

Source: World Bank - Latest available data.

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Latest Update: June 2022