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• United Kingdom (Europe)

United Kingdom Balance of Trade

The United Kingdom reported a trade deficit equivalent to 2739 Million GBP in March of 2012. The United Kingdom is the world's fifth-largest trading nation, highly dependent on foreign trade. It must import almost all its copper, ferrous metals, lead, zinc, rubber, and raw cotton and about one-third of its food. The United Kingdom's exports manufactured items like telecommunications equipment, automobiles, automatic data processing equipment, medicinal and pharmaceutical products and aircraft. Its main trading partners are European Union countries, The United States, China and Japan. This page includes: United Kingdom Balance of Trade chart, historical data and news.

source: UK Office for National Statistcs

United Kingdom Imports

United Kingdom imports were worth 44.6 Billion GBP in March of 2012. United Kingdom must import almost all its copper, ferrous metals, lead, zinc, rubber, raw cotton and about one-third of its food. Its main import partners are European Union countries (Germany, France, Ireland, Netherlands, Belgium), United States, China and Norway. This page includes: United Kingdom Imports chart, historical data and news.

source: UK Office for National Statistcs

United Kingdom Exports

United Kingdom exports were worth 41.8 Billion GBP in March of 2012. The United Kingdom is the world's fifth-largest trading nation, highly dependent on foreign trade. The United Kingdom's major export commodities are manufactured items like telecommunications equipment, automobiles, automatic data processing equipment, medicinal and pharmaceutical products and aircraft. Main export partners are USA, Germany, France and Ireland. This page includes: United Kingdom Exports chart, historical data and news.

source: UK Office for National Statistcs

United Kingdom Interest Rate

The benchmark interest rate in the United Kingdom was last reported at 0.50 percent. in the United Kingdom the Bank of England has operational independence and decisions on interest rates are made by the Monetary Policy Committee (MPC). The BoE's official interest rate is the BoE repo rate. This repo rate applies to open market operations of the BoE with a group of counterparties (banks, building societies, securities firms). From 1971 until 2010 the United Kingdom's average interest rate was 8.58 percent reaching an historical high of 17.00 percent in November of 1979 and a record low of 0.50 percent in March of 2009. This page includes: United Kingdom Interest Rate chart, historical data and news.

source: Bank of England

United Kingdom Industrial Production

Industrial Production in United Kingdom declined 2.6 percent in March of 2012. Industrial production measures changes in output for the industrial sector of the economy which includes manufacturing, mining, and utilities. Industrial Production is an important indicator for economic forecasting and is often used to measure inflation pressures as high levels of industrial production can lead to sudden changes in prices. From 1949 until 2010, United Kingdom's industrial production averaged 1.68 percent reaching an historical high of 22.60 percent in February of 1973 and a record low of -12.90 percent in February of 2009. This page includes: United Kingdom Industrial Production chart, historical data and news.

source: UK Office for National Statistcs

United Kingdom Government Debt To GDP

The Government Debt in the United Kingdom was last reported at 85.7 percent of the country´s GDP. From 1980 until 2010, the United Kingdom's average Government Debt to GDP was 44.96 percent reaching an historical high of 80.00 percent in December of 2010 and a record low of 31.30 percent in December of 1991. Generally, Government debt as a percent of GDP is used by investors to measure the United Kingdom's ability to make future payments on its debt, thus affecting the United Kingdom's borrowing costs and government bond yields. This page includes a chart with historical data for the United Kingdom's General Government Gross Debt as a percent of GDP.

source: Eurostat

United Kingdom Government Budget

The United Kingdom reported a government budget deficit equivalent to 8.3 percent of the Gross Domestic Product (GDP) in 2011. Government Budget is an itemized accounting of the payments received by government (taxes and other fees) and the payments made by government (purchases and transfer payments). A budget deficit occurs when an government spends more money than it takes in. The opposite of a budget deficit is a budget surplus. This page includes: United Kingdom Government Budget chart, historical data and news.

source: Eurostat

United Kingdom Consumer Confidence

In the United Kingdom, consumer confidence remained the same at -31 in April of 2012. In the United Kingdom, the consumer confidence survey measures the level of optimism that consumers have about the performance of the economy. The GfK Consumer Confidence is derived from the survey of about 2,000 consumers which are ask to rate the relative level of past and future economic conditions including personal financial situation, climate for major purchases, and overall economic situation. This page includes: United Kingdom Consumer Confidence chart, historical data and news.

source: GfK NOP (UK)

United Kingdom GDP Annual Growth Rate

The Gross Domestic Product (GDP) in the United Kingdom stagnated in the first quarter of 2012 over the same quarter, previous year. Unlike the commonly used quarterly GDP growth rate the annual GDP growth rate takes into account a full year of economic activity, thus avoiding the need to make any type of seasonal adjustment. Historically, from 1956 until 2011 the United Kingdom's average annual GDP Growth was 2.33 percent reaching an historical high of 10.10 percent in March of 1973 and a record low of -5.90 percent in June of 2009. This page includes: United Kingdom GDP Annual Growth Rate chart, historical data, forecasts and news. Data is also available for United Kingdom GDP Quarterly Growth Rate, which measures growth over the previous quarter.

source: UK Office for National Statistcs

United Kingdom GDP Growth Rate

The Gross Domestic Product (GDP) in the United Kingdom declined 0.2 percent in the first quarter of 2012 over the previous quarter. Historically, from 1955 until 2011 the United Kingdom's average quarterly GDP Growth was 0.58 percent reaching an historical high of 5.30 percent in March of 1973 and a record low of -2.50 percent in March of 1974. The United Kingdom is among the world's most developed economies. Services, particularly banking, insurance, and business services, account by far for the largest proportion of GDP while industry continues to decline in importance. Over the past two decades the government has greatly reduced public ownership and contained the growth of social welfare programs. This page includes: United Kingdom GDP Growth Rate chart, historical data, forecasts and news. Data is also available for United Kingdom GDP Annual Growth Rate, which measures growth over a full economic year.

source: UK Office for National Statistics

United Kingdom Annual Retail Sales

Retail Sales in the United Kingdom increased 3.3 percent in March of 2012 over the previous year. From 2008 until 2011, the United Kingdom's average Retail Sales was 0.33 percent reaching an historical high of 3.90 percent in January of 2011 and a record low of -3.50 percent in February of 2009. This page includes a chart with historical data for the United Kingdom's Retail Sales.

source: ONS

United Kingdom Retail Sales

Retail Sales in the United Kingdom increased 1.80 percent in March of 2012 over the previous month. From 2008 until 2011, the United Kingdom's average Retail Sales was 0.08 percent reaching an historical high of 2.50 percent in February of 2010 and a record low of -4.00 percent in January of 2010. This page includes a chart with historical data for the United Kingdom's Retail Sales.

source: ONS

United Kingdom Unemployment Rate

The unemployment rate in the United Kingdom was last reported at 8.3 percent in February of 2012. From 1971 until 2010 the United Kingdom's Unemployment Rate averaged 7.22 percent reaching an historical high of 11.90 percent in April of 1984 and a record low of 3.40 percent in December of 1973. The labour force is defined as the number of people employed plus the number unemployed but seeking work. The nonlabour force includes those who are not looking for work, those who are institutionalised and those serving in the military. This page includes: United Kingdom Unemployment Rate chart, historical data and news.

source: UK Office for National Statistics

United Kingdom Inflation Rate

The inflation rate in United Kingdom was last reported at 3.5 percent in March of 2012. From 1989 until 2010, the average inflation rate in United Kingdom was 2.72 percent reaching an historical high of 8.50 percent in April of 1991 and a record low of 0.50 percent in May of 2000. Inflation rate refers to a general rise in prices measured against a standard level of purchasing power. The most well known measures of Inflation are the CPI which measures consumer prices, and the GDP deflator, which measures inflation in the whole of the domestic economy. This page includes: United Kingdom Inflation Rate chart, historical data and news.

source: UK Office for National Statistics

United Kingdom Current Account

The United Kingdom reported a current account deficit equivalent to 8.45 Billion of GBP in the fourth quarter of 2011. The United Kingdom is the world's fifth-largest trading nation, highly dependent on foreign trade. It must import almost all its copper, ferrous metals, lead, zinc, rubber, and raw cotton and about one-third of its food. The United Kingdom's exports manufactured items like telecommunications equipment, automobiles, automatic data processing equipment, medicinal and pharmaceutical products and aircraft. Its main trading partners are European Union countries, The United States, China and Japan. This page includes: United Kingdom Current Account chart, historical data and news.

source: UK Office for National Statistcs

United Kingdom Business Confidence

In the United Kingdom, business confidence improved to -9.3 in the first quarter of 2012 from -9.7 in the fourth quarter of 2011. In the United Kingdom, the ICAEW/Grant Thornton UK Business Confidence Monitor (BCM) is calculated from the response to the following question: Overall, how would you describe your confidence in the economic prospects facing your business over the next 12 months, compared to the previous 12 months? A score is applied to each response, and a weighted average of these scores yields the Confidence Index value. A Confidence Index of +100 would indicate that all survey respondents were much more confident about future prospects, while -100 would indicate that all survey respondents were much less confident about future prospects. This page includes: United Kingdom Business Confidence chart, historical data and news.

source: ICAEW/Grant Thornton UK

United Kingdom GDP per capita

The GDP per capita in the United Kingdom was last reported at 27321 US dollars in December of 2010, according to the World Bank. Previously, the GDP per capita in the United Kingdom standed at 27138 US dollars in December of 2009. The GDP per capita in the United Kingdom is obtained by dividing the country’s gross domestic product, adjusted by inflation, by the total population. Historically, from 1960 until 2010, the United Kingdom's average GDP Per Capita was 18579.17 dollars reaching an historical high of 28928.94 dollars in December of 2007 and a record low of 10479.68 dollars in December of 1960. This page includes a chart with historical data for the United Kingdom's GDP Per Capita.

source: World Bank

United Kingdom GDP per capita PPP

The GDP per capita, adjusted by purchasing power parity, in the United Kingdom was last reported at 35904 US dollars in December of 2010, according to the World Bank. Previously, the GDP per capita PPP in the United Kingdom standed at 35145 US dollars in December of 2009. The GDP per capita PPP in the United Kingdom is obtained by dividing the country’s gross domestic product, adjusted by purchasing power parity, by the total population. Historically, from 1980 until 2010, the United Kingdom's average GDP per capita PPP was 21617.72 dollars reaching an historical high of 36820.18 dollars in December of 2008 and a record low of 8382.69 dollars in December of 1980. This page includes a chart with historical data for the United Kingdom's GDP per capita PPP.

source: World Bank

United Kingdom Population

The total population in the United Kingdom was last reported at 62.3 million people in 2010 from 52.4 million in 1960, changing 18 percent during the last 50 years. The United Kingdom has 0.90 percent of the world´s total population which means that one person in every 112 people on the planet is a resident of the United Kingdom. This page includes a chart with historical data for the United Kingdom's Total Population.

source: World Bank

United Kingdom GDP

The United Kingdom Gross Domestic Product is worth 2246 billion dollars or 3.62% of the world economy, according to the World Bank. Historically, from 1960 until 2010 the United Kingdom's average Gross Domestic Product was 862.04 billion dollars reaching an historical high of 2810.97 billion dollars in December of 2007 and a record low of 72.33 billion dollars in December of 1960. The United Kingdom is among the world's most developed economies. Services, particularly banking, insurance, and business services, account by far for the largest proportion of GDP while industry continues to decline in importance. Over the past two decades the government has greatly reduced public ownership and contained the growth of social welfare programs. This page includes: United Kingdom Gross Domestic Product (GDP) chart, historical data, forecasts and news.

source: The World Bank Group

datas from tradingeconomics.com

17 May 2012 ► Converter Pound Sterling ► Free online currency conversion based on exchange rates. Currency converter