The gross domestic product of the United Kingdom in 2023 was just under 2.54 trillion British pounds, a slight increase when compared to the previous year. The significant drop in GDP between 2019 and 2020 was brought about by the COVID-19 pandemic and subsequent lockdowns, which caused seve...
UK GDP Key figures GDP Annual GDP growth rate Quarterly GDP growth per capita Monthly GDP growth GDP per capita Labor market Number of people employed Number of people unemployed Number of people on furlough Average full-time annual salary in the UK Forecasts for 2023 GDP grow...
Eleanor Cowie
The United Kingdom attracts the same level of venture capital investment as a proportion of GDP as the United States,67 and is particularly strong in key emerging technologies, including AI, climate tech, and biotech. In 2023, it had the highest number of AI start-ups in Europe,68 clai...
easier to use and lower tariff regime in contrast with the EU’s CET. According to the UK Department for International Trade, the new regime will be loosely based on the EU’s CET in terms of classification, but “tailored to the needs of the UK economy” and calculated in pounds rather...
In terms of GDP per capita, the gap between London and the rest of the country is striking, standing at 57,338 pounds per person in the UK capital, compared with just over 33,593 pounds in the rest of the country. To address the economic imbalance, the UK government has a “levelling...
Monthly GDP growth of the UK 2022-2024 GDP per capita in the UK 1955-2023 Further Content:You might find this interesting as well Statistics Unemployment rate for people over 50s in France 2021, by age Unemployment rate Ireland 2000-2024 ...
In total approximately 282 billion British pounds werespent on healthcare in the UKin 2022. Although, spending as a share of GDP decreased from 2009 to 2019, the total spending on health has continued to increase.Broken down by function, the UK government spent almost 139 billion pounds on...
Among the most expensive pet-related expenditures are veterinary and pet services, which constituted almost four billion British pounds in 2020. Read more Share of households owning a pet in the United Kingdom (UK) from 2012 to 2023* ...
The gross domestic product of the United Kingdom in 2023 was just under 2.54 trillion British pounds, a slight increase when compared to the previous year. The significant drop in GDP between 2019 and 2020 was brought about by the COVID-19 pandemic and subsequent lockdowns, which caused seve...