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General profile: United Kingdom

GENERAL INFORMATION FOR 2023
Exchange rate
Population
Population
Exchange rates
GDP
GDP
68.683 Millions
..
3 344 766 Millions current US$
Land area¹
Land area
CPI growth (%)
CPI growth
GDP growth
GDP growth
..
7.31 %
0.10 %
INTERNATIONAL MERCHANDISE TRADE
More data on UNCTADstat
-2.2 %
Merchandise exports growth rate in 2023
Total merchandise trade
(millions of US$)
2005
2010
2015
2023
Merchandise exports
384 477
415 959
465 850
521 040
Merchandise imports
513 673
591 095
630 003
791 523
Merchandise trade balance
-129 196
-175 136
-164 153
-270 483
Export structure by product group in 2023
(as % of total exports)
14 %14 %67 %67 %8 %8 %4 %4 %6 %6 %
Top 5 partners in 2023
(exports, millions of US$)
71 86239 57036 73535 63234 28471 86239 57036 73535 63234 284
INTERNATIONAL TRADE IN SERVICES
More data on UNCTADstat
Total trade in services²
(millions of US$)
2005
2010
2015
2023
Services exports
254 361
302 950
386 120
584 214
Services imports
175 919
191 142
239 125
393 941
Services trade balance
78 442
111 808
146 995
190 274
Services exports by main category²
(as % of total services)
2005
2010
2015
2023
Transport
13.2
9.9
9.4
6.5
Travel
13.5
12.7
15.2
12.7
Other services
72.4
75.9
73.4
(e) 79.0
TRADE INDICES
More data on UNCTADstat
919793819810599911009610282888171787885919095848997929010010010986929086878686
ECONOMIC TRENDS
More data on UNCTADstat
+0.1 %
Gross domestic product growth rate in 2023
Economic indicators
(millions of US$ unless otherwise specified)
2005
2010
2015
2023
GDP, current
2 543 188
2 485 483
2 927 911
3 344 766
GDP per capita, current US$
41 969
39 448
44 782
48 699
Real GDP growth, y-on-y, %
2.74
2.24
2.22
0.10
Current account balance, % of GDP
-1.98
-2.77
-4.95
-3.30
Exchange rate (/US$)
0.550
0.647
0.655
..
GDP by expenditure in 2022
(as % of total GDP)
61.921.018.633.336.061.921.018.633.336.0
FDI AND EXTERNAL FINANCIAL RESOURCES
More data on UNCTADstat
+0.1 %
FDI outflows as % of GDP in 2023
Financial flows
(millions of US$ unless otherwise specified)
2005
2010
2015
2023
FDI inflows
182 927.94
58 200.28
39 185.70
-89 247.38
FDI outflows
88 560.32
48 091.80
-66 821.48
2 007.36
Personal remittances, % of GDP
..
..
..
..
Financial flows trends
(millions of US$)
-89 24714 912-71 17444 39753 91887 83796 354258 69939 18624 69051 67655 44642 20058 20089 70992 158176 839147 372182 92861 22016 59019 68335 949115 304FDI Inwards flowsFDI Inwards flowsFDI Inwards flowsMigrant's remittances receiptsMigrant's remittances receiptsMigrant's remittances receipts
TRADE IN GOODS AND SERVICES
More data on UNCTADstat
Trade balance indicators²
(as % and index)
2005
2010
2015
2023
Balance, % of GDP
-2.21
-1.68
-1.52
-1.25
Balance, % of imports
-8.06
-5.52
-5.17
-3.74
Normalized balance
-0.042
-0.028
-0.027
-0.019
Trade openness²
(sum of imports and exports as % of GDP)
66695959656563605759626263595556535753
LIVING AREA
Population by living area in 2023
(% of population)
Urban 85%Urban 85%Rural 15%Rural 15%
OTHER INDICATORS
More data on UNCTADstat
0.469 %
Share of the total world merchant fleet in 2023
Maritime transport indicators
 
2005
2010
2015
2023
Merchant fleet, national flag (thousands of DWT)
9 660
20 176
14 268
10 688
Container port throughput (TEU)
..
8 224 935
9 760 060
..
Information economy indicators
(as % of)
2005
2010
2015
2023
Share of ICT goods, % of total exports
..
..
..
..
Share of ICT goods, % of total imports
..
..
..
..
Share of workforce involved in the ICT sector
..
..
..
..
Source: UN Trade and Development, UNCTADstat (https://unctadstat.unctad.org/datacentre)
Notes:
1
Land area refers to the total area of a country excluding area under inland water bodies. It differs from the country area, that includes area under inland water bodies, but excludes offshore territorial waters.
2
Statistics presented correspond to the 6th edition of the IMF Balance of Payments and International Investment Position Manual (BPM6, 2009).
e
Estimated.
Symbols for missing values:
0
Zero means that the amount is nil or negligible
..
No value reported or collected
_
Not applicable
...
Not available, including no quotation
#
Non-relevant calculation
-
Not publishable
***
Negative accumulation of flows; Value included in regional and global totals
Abbreviations & acronyms:
DWT:
Dead weight tons
FDI:
Foreign direct investment
GDP:
Gross domestic product
ICT:
Information and communication technology
TEU:
Twenty foot equivalent unit
US$:
United States dollar
Disclaimer:
The designations employed and the presentation of the material on the UNCTAD Data Hub do not imply the expression of any opinion whatsoever on the part of the secretariat of the United Nations concerning the legal status of any country, territory, city or area, or of its authorities, or concerning the delimitation of its frontiers or boundaries.
Where the designations "economy" or "country or area" appear in texts or tables, they cover regions, countries, territories, cities or areas.

UNCTAD strives for the highest level of accuracy and is committed to promptly correcting any errors on its part. It does not guarantee or make any express or implied representations regarding the accuracy, reliability, correctness, fitness for use for a particular purpose, or otherwise, whatsoever, of any of the tables in the UNCTAD Data Hub.
Generation date: 11 October 2024