Of all the countries that comprise the United Kingdom, England had by far the highest gross domestic product in 2023 at over 2.1 trillion British pounds. In this year, Scotland's GDP amounted to over 187.2 bill
In 2023, London had a gross domestic product of over 569 billion British pounds, by far the most of any region of the United Kingdom. The region of South East England which surrounds London had the second-highest GDP in this year, at over 360 billion pounds. North West England, which ...
Eleanor Cowie
However, confusingly, only £3 billion of that alleged £4 billion Brexit hit to the Scottish economy actually relates to a reduction in exports to the EU, and dividing that by £218 billion, the estimated Scottish GDP in 2023: https://commonslibrary.parliament.uk/research-briefings/cdp-...
In addition, relatively few large, disruptive UK companies have emerged in the past two decades—five of the ten largest publicly listed UK entities in 2000 were still among the top ten in 2023, compared with just one in the United States. This is not just a UK phenomenon: in Germany...
153 trillion with the world's fifth-largest economy in terms of nominal GDP and tenth-largest by Purchasing Power Parity (PPP) (2014). The UK is considered a developed country with a high-income economy and Human Development Indie (HDI). The UK has a GDP per capita of USD 39,225 that...
Since recovering from a huge fall in GDP in the second quarter of 2020, the UK economy has alternated between periods of contraction and low growth, with the UK even in a recession at the end of 2023. While economic growth picked up somewhat in 2024, GDP per capita is lower than it ...
Before 2021, the year with the highest annual GDP growth rate was 1973, when the UK economy grew by 6.5 percent. UK economy growing but GDP per capita falling In 2022, the UK's GDP per capita amounted to approximately 37,371 pounds, with this falling to 37,028 pounds in 2023, and ...
In 2022, for example, the gross domestic product per head in London was British pounds, far higher than the UK average of pounds, and significantly larger than North East England, the region with the lowest GDP per head at pounds. Read more Show all numbers ...
In 2023, the annual spending on public healthcare in the United Kingdom (UK) accounted for 8.9 percent of GDP.