United Kingdom

Quick Facts

🇬🇧
Capital:
London
Official Language(s):
English
Currency:
British pound (£)
Population:
67,215,293

Overview

The United Kingdom of Great Britain and Northern Ireland, commonly known as the United Kingdom (UK) or Britain, is a country in Northwestern Europe, off the coast of the continental mainland. It comprises England, Scotland, Wales, and Northern Ireland. The UK includes the island of Great Britain, the north-eastern part of the island of Ireland, and most of the smaller islands within the British Isles, covering 94,354 square miles (244,376 km2). Northern Ireland shares a land border with the Republic of Ireland; otherwise, the United Kingdom is surrounded by the Atlantic Ocean, the North Sea, the English Channel, the Celtic Sea, and the Irish Sea. The United Kingdom had an estimated population of 68.2 million people in 2023. The capital and largest city of both England and the United Kingdom is London, whose wider metropolitan area is the largest in Western Europe, with a population of 14.9 million. The cities of Edinburgh, Cardiff, and Belfast are the national capitals of Scotland, Wales, and Northern Ireland, respectively.

Institutional Framework

The strength of a country's institutions directly impacts its economic development and stability. Strong institutions reduce uncertainty, protect property rights, and enable efficient markets through:
  • Rule of law and contract enforcement
  • Control of corruption
  • Government effectiveness and regulatory quality

* Indicators normalized to 0-100 scale

Economic Structure

The composition of an economy reveals its strengths, vulnerabilities, and potential for growth. Understanding the balance between sectors (agriculture, industry, services) and their sophistication helps assess economic resilience and development opportunities.

Economic Health & Trade

Economic Scale & Power

An economy with $3.14TB(2021) GDP, showing strong growth at 8.6%(2021). Advanced economy with high living standards.

GDP Growth
8.6%(2021)
GDP PPP
$3.42T

Economic Structure

Economic structure shows 72.2%(2021) in services, 16.7%(2021) in industry, and 0.7%(2021) in agriculture. Service-oriented advanced economy.

Economic Health & Trade

Economic health indicators show 4.8%(2021) unemployment and 2.5%(2021) inflation. Trade profile with 29.2%(2021) exports and 29.4%(2021) imports as % of GDP.

Unemployment
4.8%(2021)
Inflation
2.5%(2021)
Exports/GDP
29.2%(2021)
Imports/GDP
29.4%(2021)

Innovation & Competitiveness

Innovation capacity determines a country's ability to compete in the global knowledge economy. Key indicators like R&D investment, patent applications, and high-tech exports reveal the potential for sustainable economic growth and value creation.

High-Tech Exports

23.9

% of manufactured exports

ICT Exports

3.7

% of total goods exports

Digital Adoption

95.3

% of population using internet

Mobile Connectivity

118.6

Subscriptions per 100 people

Manufacturing Value

8.6

% of GDP

International Position

A country's integration into global markets affects its economic opportunities and risks. Trade relationships, financial flows, and geographic advantages or constraints shape its development trajectory and resilience to external shocks.

Financial & Trade Geography

Trade Profile

Trade represents 58.58%(2021) of GDP, with a trade balance of -0.22%(2021).

FDI Inflows
0.16%(2021)
FDI Outflows
5.11%(2021)

Financial Security

External Debt

N/A

Foreign Reserves

$194.18B(2021)(1.9 months of imports)

Supply Chain & Technology

Technology Trade

ICT Imports
7.56%(2021)
High-Tech Exports
23.87%(2021)

Economic Structure

Manufacturing
8.65%(2021)
Services
72.17%(2021)

Trade Agreements & Dependencies

Trade Agreements

UK-EU TCACPTPP

Critical Dependencies

    Growth Trajectory

    Understanding growth patterns helps predict future economic performance and development challenges. Key factors include productivity trends, investment levels, and structural transformation progress, which together determine long-term prosperity potential.

    Growth Potential Indicators

    Human Capital

    Education and workforce development

    59.4/100

    Trade Position

    International trade and competitiveness

    18.6/100

    Economic Structure

    Sectoral balance and sophistication

    36.5/100

    Demographics & Human Capital

    Demographics are fundamental to understanding a country's economic potential and challenges. The population structure influences everything from labor force availability to social security systems and public spending priorities.

    Demographics

    Population Overview

    Total population of 67,026,292(2021) with -0.1%(2021) annual growth. Median age is N/A with fertility rate at 1.56 births/woman(2021).

    Life Expectancy
    80.7 years(2021)
    Birth Rate
    10.1 per 1,000(2021)

    Age Structure

    Working-age population (63.4%(2021)) with youth at 17.8%(2021) and elderly at 18.7%(2021). Total dependency ratio: 57.6%(2021).

    Young Dependency
    28.1%(2021)
    Old Dependency
    29.5%(2021)

    Gender & Migration

    Population is 50.8%(2021) female and 49.2%(2021) male, with sex ratio of 1.055 males/female(2021) at birth. Net migration: 462,967(2021).

    Male Mortality
    97.839/1,000(2021)
    Female Mortality
    60.214/1,000(2021)

    Development Indicators

    Urban population growing at 0.2%(2021) annually, with 15.8%(2021) in rural areas. Literacy rate: N/A.

    Urbanization
    84.2%(2021)
    Infant Mortality
    3.6 per 1,000(2021)

    Population Structure

    The population pyramid visualizes the age and gender distribution, revealing crucial insights about economic sustainability. A balanced pyramid with a strong working-age population (typically ages 15-64) indicates greater economic potential, as this group supports both the younger and older generations through:
    • Labor force participation and productivity
    • Tax contributions to support social services
    • Innovation and economic growth

    An aging population (top-heavy pyramid) or youth bulge (bottom-heavy) can create demographic pressures on social systems and economic stability.

    Source: World Bank Development Indicators

    Security Context

    Security considerations fundamentally affect economic development and investment attractiveness. Both geographic factors and military capabilities influence a country's stability and its ability to protect economic interests and maintain sustainable growth.

    Geographic & Resource Security

    Food & Agriculture

    Arable land comprises 24.8%(2021) of territory, with 71.2%(2021) total agricultural land. Cereal yield: 6,966.8 kg/hectare(2021).

    Food Production Index
    100.53(2021)
    Cereal Production
    22,369,109 MT(2021)

    Energy Security

    Net energy imports at N/A of consumption. Renewable energy makes up 100.0%(2021) of total. Electricity access: N/A.

    Resource Rents
    N/A

    Water Resources

    Fresh water resources of 1,220 m³/capita(2021) per person. Annual precipitation: 13.221 mm(2021).

    Forest Area
    2.1%(2021)

    Environmental Vulnerability

    2163.3%(2021) of population affected by climate disasters. Forest coverage at 2.1%(2021) providing natural buffer.

    Annual Rainfall
    13.221 mm(2021)

    Military & Security

    Military Capabilities

    Military expenditure at N/A of GDP. Armed forces personnel: 878,000,000(2021) ( 717000000.00%(2021) of labor force).

    Arms Exports
    137,078 USD(2021)
    Arms Imports
    N/A

    Strategic Status

    Military Alliances

    NATOFive EyesAUKUS

    Nuclear Status

    NPT Nuclear Weapon State

    Security Environment

    Refugee population: 1,905,793(2021)Internally displaced: 2,120,680(2021)

    Strategic Geography

    Strategic Features

    • Borders 1 countries