United Kingdom United Kingdom: Economy and demography

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United Kingdom, is a country located at Northern Europe, it has an area of 243,610 Km2.

United Kingdom, with a population of 67,081,000 people, it is ranked at 22º position by population of 196 countries and has a population density of 275 people per km2.

It's capital is London and its currency is British pounds

United Kingdom is the 6º largest economy by nominal GDP. Its national debt in 2022 was 2,978,698 millions of euros (3,139,184 millions of dollars), ( 101.86% debt-to-GDP ratio) and its public debt per capita is €44,404 euros per inhabitant$46,797 dollars per inhabitant.

The last annual rate of CPI published in United Kingdom was on April of 2024 and it was 2.3%.

In terms of the human development index (HDI) of United Kingdom, which is the index used by the United Nations to measure the progress of a country, was 0.929 points in 2021, leaving it in 18th place in the table of 191 countries published.

If the reason to visit United Kingdom are business, you must know it's in the 8th of the Doing Business ranking , which provides objective measures of business regulations for local firms.

In the tables at the bottom of the page, you can see more information about the economy and demography of United Kingdom, if you want to see information about other countries click here

London: Monthly Temp.
London: Monthly Rainfall
United Kingdom Economy
Gouvernement
Qu. GDP Per Capita [+]2023Q311,882K
Annual GDP [+]2023€3,089,465M
Annual GDP [+]2023$3,340,032M
GDP per capita [+]2023€46,056
GDP per capita [+]2023$49,791
Quarterly GDP [+]2023Q3€797,064M
Debt (M.€.) [+]20222,978,698
Debt ($M) [+]20223,139,184
Debt (%GDP) [+]2022101.86%
Debt Per Capita [+]2022€44,404
Debt Per Capita [+]2022$46,797
Deficit (M.€) [+]2022-161,025
Deficit ($M) [+]2022-169,701
Deficit (%GDP) [+]2022-5.51%
Expenditure (M.€) [+]20221,295,530.5
Expenditure ($M) [+]20221,365,331.1
Education Expenditure (M.€) [+]2018125,111.7
Education Expenditure ($M) [+]2018148,400.5
Education Expenditure (%Bud.) [+]201813.34%
Gov. Health Exp. (M.€) [+]2022270,253,635,254.9
Gov. Health Exp.($M) [+]199887,073,157,032.3
Gov. Health Exp. (%Bud.) [+]201718.74%
Defence Expenditure (M.€) [+]202265,129.8
Defence Expenditure ($M) [+]202268,794.1
Defence Expenditure (%Bud.) [+]20225.29%
Expenditure (%GDP) [+]202244.30%
Expenditure Per Capita [+]2022€19,313
Expenditure Per Capita [+]2022$20,353
Education Expenditure P.C [+]2018€1,883
Education Expenditure P.C [+]2018$2,259
Gov. Health Exp. P.C. [+]2022€3,998
Gov. Health Exp. P.C. [+]2017$3,064
Defence Expenditure P.C. [+]2022€971
Defence Expenditure P.C. [+]2022$1,026
Moody's Rating [+]10/20/2023Aa3
S&P Rating [+]04/21/2023AA
Fitch Rating [+]03/27/2020AA-
Corruption Index [+]202273
Competitiveness Ranking [+]2019
Fragile States Index [+]201834.3
RTI Raking [+]202242º
Innovation Ranking [+]2018
Labour
Unemployment Rate [+]March 20244.3%
Unemployment rate [+]2020Q43.9%
Unemployed [+]2020Q41,321K
NMW [+]2022$1,940.4
NMW [+]2022€1,929.2
Average Wage [+]2019$52,278
Average Wage [+]2022€47,702
Human Capital Ranking [+]201723º
Markets
Euro / British pounds [+]05/29/20240.8513
US Dollar exchange rate [+]05/29/20240.7845
10-Year Bond Yield [+]05/30/20244.41%
Risk Premium [+]05/30/2024174
Stock ExchangeYTD % [+]05/29/20249.81%
Prices
CPI (overall index) [+]April 20242.3%
HICP [+]November 20200.3%
PPI Year on Year [+]April 20241.1%
Money Market
Key rates [+]08/03/20235.25%
Business
Doing Business [+]2020
IPI Year on Year [+]December 2020-2.9%
Passengers vehicles Year [+]December 20221,614,063
Annual Vehicles/ 1,000 p. [+]December 202228.97
Motor vehicle production [+]2022876,614
Vehicles / 1,000 people [+]2021639.14
Taxes
Tax Revenue (%GDP) [+]202235.3%
Standard VAT [+]01/04/201120.00%
Top tax rate + SSC [+]202247.7%
Trade
Annual arrivals [+]201939,417,975
Exports [+]2023€481,541.3M
Exports [+]2023$520,690.6M
Exports % GDP [+]202315.59%
Imports [+]2023€731,806.1M
Imports [+]2023$791,302.0M
Imports % GDP [+]202323.69%
Trade balance [+]2023€-250,264.8M
Trade balance [+]2023$-270,611.3M
Trade balance % GDP [+]2023-8.10%
Retail Sales YoY [+]December 20201.4%
Socio-Demography
Global AgeWatch Ranking [+]201510º
Density [+]2020275
Global Peace Ranking [+]202337º
Crude divorce rate [+]20161.80‰
Remittance received ($M) [+]20174,373.9
% Immigrant [+]202013.95%
% Emigrant [+]20207.05%
Birth Rate [+]202110.10‰
Remittance sent ($M) [+]201726,801.5
Crude death rate [+]20219.70‰
Fertility Rate [+]20211.56
Crude marriage rate [+]20164.40‰
% risk of poverty [+]201818.6%
Population [+]202067,081,000
Immigrant stock [+]20209,359,587
Emigrant stock [+]20204,732,510
HDI [+]20210.929
Gender Gap Ranking [+]202315º
Life expectancy [+]202180.70
Suicides [+]20205,524
Suicide rate [+]20208.20
Number of homicides [+]2020673
Rate Homicides per 100.000 [+]20201.00
Energy and Environment
CO2 Tons per capita [+]20225.00
Annual crude oil production [+]2023663
Crude Oil Reserves [+]20212,500.0
Consumption GWh [+]2022287,128
Generation GWh [+]2022318,595
Others
COVID-19 - Deaths [+]05/12/2024232,112
COVID-19 - Confirmed [+]05/12/202424,927,820
Fully vaccinated [+]09/11/202250,762,968
COVID-19 - Deaths per million population [+]05/12/20243,460.18
Doses administered [+]09/04/2022151,248,820