UNITED KINGDOM

UNITED KINGDOM
Fact sheets are updated biannually; June and December
General information
Capital:
Land area:
Official language(s):
Population:
Currency:
London
241,930 sq km
English
65.1 million (2015)
Pound sterling
Economic indicators (a)
GDP (US$b) (current prices)
GDP per capita (US$)
GDP PPP (Int'l $b)
GDP per capita PPP (Int'l $)
Real GDP growth (% change yoy)
Current account balance (US$b)
Current account balance (% GDP)
Inflation (% change yoy)
Unemployment (% labour force)
Head of State
HM Queen Elizabeth II
Head of Government
Prime Minister The Rt Hon Theresa May
2011
2012
2013
2014
2015
2016
2,611.1
41,259.5
2,332.3
36,853.4
1.5
-46.6
-1.8
4.5
8.1
2,655.5
41,683.7
2,406.4
37,774.4
1.3
-97.4
-3.7
2.8
8.0
2,721.5
42,453.0
2,492.0
38,873.3
1.9
-119.6
-4.4
2.6
7.6
3,002.4
46,478.8
2,614.5
40,474.2
3.1
-140.0
-4.7
1.5
6.2
2,858.5
43,902.4
2,702.0
41,498.6
2.2
-153.3
-5.4
0.1
5.4
2,649.9
40,411.7
2,787.7
42,513.9
1.8
-157.3
-5.9
0.7
5.0
Australia's trade and investment relationship with United Kingdom (b)
Australian merchandise trade with United Kingdom, 2015-16 (A$m)
Exports to United Kingdom
7,158
Imports from United Kingdom
7,584
Total merchandise trade (exports + imports)
14,742
Major Australian exports, 2015-16 (A$m)
Gold
Lead
Alcoholic beverages
Pearls & gems
3,939
482
374
365
Australia's trade in services with United Kingdom, 2015-16 (A$m)
Exports of services to United Kingdom
4,911
Imports of services from United Kingdom
7,316
Major Australian services exports, 2015-16 (A$m)
Personal travel excluding education
Professional, technical & other business
1,953
833
Total share
2.9%
2.8%
2.9%
Rank
8th
10th
9th
Major Australian imports, 2015-16 (A$m)
Passenger motor vehicles
Medicaments (incl veterinary)
Alcoholic beverages
Printed matter
Total share
7.2%
9.4%
Rank
3rd
2nd
Major Australian services imports, 2015-16 (A$m)
Personal travel excluding education
Professional, technical & other business
Australia's investment relationship with United Kingdom, 2015 (A$m)
Australia's investment in United Kingdom
United Kingdom's investment in Australia
Total
353,204
499,930
Growth (yoy)
94.4%
19.8%
47.2%
1,514
448
288
274
Growth (yoy)
0.9%
6.6%
2,866
1,351
FDI
81,258
76,042
United Kingdom's global merchandise trade relationships
United Kingdom's principal export destinations, 2015
1 United States
2 Germany
3 Switzerland
20 Australia
14.9%
10.0%
7.3%
1.2%
United Kingdom's principal import sources, 2015
1 Germany
2 China
3 United States
36 Australia
15.0%
10.0%
9.2%
0.5%
Compiled by the Economic Diplomacy, Trade Advocacy & Statistics Section, DFAT, using the latest data from the ABS, the IMF and various international sources.
(a) Economic indicators data is from the IMF WEO where available, the EIU or other reputable source. Data may include forecasts or projections for recent years. GNI may be shown in lieu of GDP for countries where GDP data is unavailable.
(b) Merchandise trade data is based on published and unpublished ABS data. May exclude confidential items of trade. Totals may not add up due to rounding. Investment data is stocks as at end December.
All data may be subject to future revisions.
GDP - Gross Domestic Product PPP - Purchasing power parity GNI - Gross National Income na - Data is not available np - Data is not published .. - Data is not meaningful Primary - Primary goods STM - Simply transformed manufactures
ETM - Elaborately transformed manufactures Other - Other goods including non-monetary gold f.c.f. - Fresh, chilled or frozen nes - Not elsewhere specified