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United Kingdom Economic Statistics (2026)

1980

2026

2031

Source: IMF World Economic Outlook · Updated May 2026

1980

2026

2031

What to know

The United Kingdom produces $67,585 per person (PPP) in 2026, among the wealthiest nations. The economy is worth about $4.3 trillion in total. Over the past five years it has grown at about 2.9% a year. Inflation is 3.2% and unemployment 5.6%. Government debt is 104% of GDP. Its current account is in deficit, at 3.4% of GDP.

Key statistics for 2026

GDP per capita (PPP)

$67,585

GDP growth

+0.8%

Inflation rate

3.2%

Unemployment

5.6%

Key terms

GDP: — Gross Domestic Product, the total value of goods and services produced in a country annually.
GDP PPP: — GDP adjusted for purchasing power parity, reflecting what money actually buys in each country.
GDP per capita: — GDP divided by population, a measure of average economic output per person.
Inflation rate: — Annual percentage increase in the general price level of goods and services.
Fiscal balance: — Government revenue minus expenditure. Surplus if positive, deficit if negative.
Current account: — Net flow of goods, services, and transfers with the rest of the world.

Output & Growth

Total GDP is $4.3 trillion, with slow growth of 0.8% in 2026.

Living Standards

GDP per capita is $67,585 in purchasing power terms ($61,056 nominal).

Prices & Employment

The economy is experiencing moderate inflation at 3.2% and moderate unemployment at 5.6%.

Government Finances

Government debt is very high at 104% of GDP. The government spends more than it collects (revenue: 40.0%, expenditure: 43.9% of GDP).

External & Fiscal Balance

The country is running a fiscal deficit of 3.9% of GDP and a current-account deficit of 3.4% of GDP.

The bottom line

The United Kingdom is one of the world's wealthiest economies, with GDP per capita (PPP) of $67,585. Government debt exceeds GDP at 104%.

Source: IMF World Economic Outlook · Updated May 2026

What to know

The United Kingdom produces $67,585 per person (PPP) in 2026, among the wealthiest nations. The economy is worth about $4.3 trillion in total. Over the past five years it has grown at about 2.9% a year. Inflation is 3.2% and unemployment 5.6%. Government debt is 104% of GDP. Its current account is in deficit, at 3.4% of GDP.

Key statistics for 2026

GDP per capita (PPP)

$67,585

GDP growth

+0.8%

Inflation rate

3.2%

Unemployment

5.6%

Key terms

GDP: — Gross Domestic Product, the total value of goods and services produced in a country annually.
GDP PPP: — GDP adjusted for purchasing power parity, reflecting what money actually buys in each country.
GDP per capita: — GDP divided by population, a measure of average economic output per person.
Inflation rate: — Annual percentage increase in the general price level of goods and services.
Fiscal balance: — Government revenue minus expenditure. Surplus if positive, deficit if negative.
Current account: — Net flow of goods, services, and transfers with the rest of the world.

The bottom line

The United Kingdom is one of the world's wealthiest economies, with GDP per capita (PPP) of $67,585. Government debt exceeds GDP at 104%.

Ireland

What to know

Key statistics for 2026

The bottom line

Ireland

What to know

Key statistics for 2026

The bottom line