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| Country | the United Kingdom |
| Currency | Pound sterling (GBP) |
| Year | 6 April - 5 April |
| Organs | EU, BCN, OECD and WTO |
| Rank | 6th (nominal) / 7th (PPP) (2nd and 3rd in Europe respectively) |
| Gdp | $2.25 trillion (2010) (nominal; 6th)
$2.17 trillion (2010) (PPP; 8th) |
| Growth | 0.2% (2011 Q2) revised down from 0.3% |
| Per Capita | $36,120 (2010) (nom; 20th)
$34,920 (2010) (PPP; 17th) |
| Sectors | agriculture: 0.9%; industry: 22.1%; services: 77.1% (2010 est.) |
| Inflation | 4.5% (August 2011 increasing from 4.4% in July 2011) |
| Poverty | 14% with household income below 60% of UK median income (2006 est.) |
| Gini | 0.36 (2008) |
| Labor | 31.45 million (2010 est.) (17th) |
| Constapation | agriculture: 1.4%; industry: 18.2%; services: 80.4% (2006 est.) |
| Unemployment | 7.6% (June 2011) |
| Average Gross Salary | 4,108 - / 5,546 $, monthly (2006) |
| Average Net Salary | 2,749 - / 3,712 $, monthly (2006) |
| Industries | Aerospace
Automotive
Business and professional services
Chemicals
Construction
Consumer goods
Defence equipment
Education
Electronics
Energy and utilities
Financial services
Food and beverages
Healthcare
Hospitality and leisure
Industrial equipment
Information technology
Media and entertainment
Pharmaceuticals and biotechnology
Processed metals
Real estate
Retailing
Scientific equipment
Telecommunications
Tourism
Transportation and logistics
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| Edbr | 4th |
| Exports | £428.6 billion (2010) |
| Export-goods | manufactured goods, fuels, chemicals; food, beverages, tobacco |
| Export-partners | United States 14.3%, Germany 10.5%, Netherlands 8.0%, France 7.2%, Ireland 6.0%, Belgium and Luxembourg 5.1%, Spain 3.7%, Italy 3.3%, China 3.2% (2010, not including services) |
| Imports | £477.9 billion (2010) |
| Import-goods | manufactured goods, machinery, fuels; foodstuffs |
| Import-partners | Germany 12.5%, China 8.4%, United States 7.6%, Netherlands 7.3%, France 6.0%, Norway 5.7%, Belgium and Luxembourg 5.0%, Italy 3.9%, Ireland 3.4% (2010, not including services) |
| FDI | $1.169 trillion (31 December 2010 est.) |
| Gross External Debt | $8.981 trillion (30 June 2010) (2nd) |
| Debt | 76.5% of GDP (2010 est.) |
| Deficit | £154.7 billion (2009-10 fiscal year) |
| Revenue | £514.6 billion (2009-10 fiscal year) |
| Expenses | £669.3 billion (2009-10 fiscal year) |
| Aid | $8 billion (donor) |
| Credit | Standard & Poor's:
AAA (Domestic)
AAA (Foreign)
AAA (T&C Assessment)
Outlook: Stable
Moody's:
AAA
Outlook: Stable
Fitch:
AAA
Outlook: Stable |
| Reserves | $66.72 billion (31 Dec. 2009 est.)
310.3 tonnes of gold (17th) |
| Cianame | uk |
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The economy of the United Kingdom is the sixth-largest national economy in the world measured by nominal GDP and seventh-largest measured by purchasing power parity (PPP), and the third-largest in Europe measured by nominal GDP (after Germany and France) and second-largest measured by PPP (after Germany). The UK's GDP per capita is the 20th highest in the world in nominal terms and the 17th highest measured by PPP. The British economy comprises (in descending order of size) the economies of the countries of England, Scotland, Wales and Northern Ireland. The UK is a member of the Commonwealth of Nations, the European Union, the G7, the G8, the G20, the International Monetary Fund, the Organisation for Economic Co-operation and Development, the World Bank, the World Trade Organisation and the United Nations.
In the 18th century the UK was the first country in the world to industrialise, and during the 19th century possessed a dominant role in the global economy. From the late 19th century the Second Industrial Revolution in the United States and the German Empire presented an increasing challenge to Britain's role as leader of the global economy. Despite victory, the costs of fighting both the First World War and Second World War further weakened the relative economic position of the UK, and by 1945 Britain had been superseded by the United States as the world's dominant economic power. However the UK still maintains a significant role in the world economy.
The UK is one of the world's most globalised countries. London is the world's largest financial centre alongside New York and has the largest city GDP in Europe. As of December 2010 the UK had the third-largest stock of both inward and outward foreign direct investment (in each case after the United States and France). The aerospace industry of the UK is the second- or third-largest national aerospace industry, depending upon the method of measurement. The pharmaceutical industry plays an important role in the UK economy and the country has the third-highest share of global pharmaceutical R&D expenditures (after the United States and Japan). The British economy is boosted by North Sea oil and gas reserves, valued at an estimated £250 billion in 2007. The UK is currently ranked fourth in the world (and first in Europe) in the World Bank's Ease of Doing Business Index. The investment bank Goldman Sachs has predicted that the United Kingdom will become the largest economy in Europe by 2025.
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