The United Kingdom vs the United States: Economic Indicators Comparison

The United States with a GDP of $20.5T ranked the 1st largest economy in the world, while the United Kingdom ranked 5th with $2.9T. By GDP 5-years average growth and GDP per capita, the United States and the United Kingdom ranked 113th vs 126th and 11th vs 23rd, respectively.

Gross Domestic Product & Income

StatUnited KingdomUnited States
GDP$2.9T$20.5T
GDP growth, 1 year1.4%2.9%
GDP growth, 5-years average2.1%2.4%
Population66M325.1M
GDP per capita$43k$63k
GDP per capita growth0.73%2.29%
Purchasing Power Parity conversion factor0.71
Price level ratio of PPP conversion factor GDP to market exchange rate0.931
GDP per capita, PPP adjusted$46k$63k
GNI, Atlas method$2.8T$20.6T
GNI per capita$42k$63k
GNI, PPP adjusted$3T$20.8T
GNI per capita, PPP adjusted$45k$64k

Financial system and Human development

StatUnited KingdomUnited States
Income Tax Rate45%37%
Corporate Tax Rate20%21%
Inflation, consumer prices2.5%2.4%
Inflation, GDP deflator1.9%2.4%
Unemployment4%3.9%
Economic Freedom Index79.376.6
Personal Freedom Index9.088.55
Human Freedom Index8.558.39
Property Rights Index92.281.8
Judical Effectiveness Index82.783.7
Business Freedom Index94.783.3
Fiscal Health Index78.154.3
Labor Freedom Index73.187.9
Investment Freedom Index8085
Financial Freedom Index8080
Trade Freedom Index86.479.8
Monetary Freedom Index80.375.5
Government Spending Index49.556.5
Tax Burden Index64.774.6
Government Integrity Index89.977.2
Corruption Perceptions Index8071
Life expectancy at birth, years81.278.5
Suicide mortality rate, per 100,000 people8.915.3
Mortality caused by road traffic injury, per 100,000 people3.112.4
Intentional homicides, per 100,000 people1.25.3
International tourism, number of arrivals36.3M79.7M

Government debt & reserves

StatUnited KingdomUnited States
Central government debt, % of GDP86.9%105.8%
External debt stocks, % of GNIN/AN/A
External debt stocksN/AN/A
Short-term debt, % of total reservesN/AN/A
Total debt service, % of exports and primary incomeN/AN/A
Adjusted net savings including particulate emission damage, % of GNI5.5%6.1%
Gross savings, % of GDP13.4%18.6%
Gross capital formation, % of GDP17.3%21%
Total reserves including gold$172.7B$449.9B
Foreign direct investment net inflows$35.1B$258.4B

Exports, imports and economic structure

StatUnited KingdomUnited States
Exports of goods and services, % of GDP30%12.2%
Imports of goods and services, % of GDP31.8%15.3%
Current account balance (balance of payments)-$123.1B-$491B
Revenue excluding grants, % of GDP35.3%17.2%
Grants excluding technical cooperation, BoPN/AN/A
Personal remittances received$4.4B$6.7B
Industry including construction value added, % of GDP17.5%18.2%
Agriculture, forestry and fishing value added, % of GDP0.6%0.9%
Charges for the use of intellectual property, payments BoP$13.5B$56.1B
Charges for the use of intellectual property, receipts BoP$21.7B$128.7B
Expense, % of GDP36%22.4%
Government Expenditure, % of GDP41%38.1%

Compare with countries close by GDP per capita

United Kingdom vs

CountryGDP
per capita
Population
Iceland
$73k
357k
Qatar
$69k
2.64M
Singapore
$65k
5.89M
Denmark
$61k
5.83M
Australia
$57k
24.5M
Sweden
$55k
10.3M
Netherlands
$53k
17.3M
Austria
$51k
8.81M
Finland
$50k
5.5M
San Marino
$48k
33.4k
Germany
$48k
83.1M
Belgium
$48k
11.4M
Canada
$46k
37.9M
United Arab Emirates
$43k
9.4M
Andorra
$42k
76.2k
New Zealand
$42k
4.94M
Israel
$42k
9.09M
France
$41k
66.6M
Japan
$39k
127M
Italy
$34k
60.3M
Kuwait
$34k
4.6M
Bahamas
$32k
395k
Brunei
$32k
429k
South Korea
$31k
51.5M
Spain
$30k
46.7M
Malta
$30k
465k
Cyprus
$28k
1.14M
Slovenia
$26k
2.07M
Taiwan
$25k
23.6M
Bahrain
$24k
1.49M

United States vs

CountryGDP
per capita
Population
Monaco
$186k
38.7k
Liechtenstein
$165k
37.9k
Luxembourg
$117k
626k
Switzerland
$83k
8.47M
Norway
$82k
5.37M
Cayman Islands
$81k
58.4k
Ireland
$79k
4.76M
Iceland
$73k
357k
Qatar
$69k
2.64M
Singapore
$65k
5.89M
Denmark
$61k
5.83M
Australia
$57k
24.5M
Sweden
$55k
10.3M
Netherlands
$53k
17.3M
Austria
$51k
8.81M
Finland
$50k
5.5M
San Marino
$48k
33.4k
Germany
$48k
83.1M
Belgium
$48k
11.4M
Canada
$46k
37.9M
United Arab Emirates
$43k
9.4M
Andorra
$42k
76.2k
New Zealand
$42k
4.94M
Israel
$42k
9.09M
France
$41k
66.6M
Japan
$39k
127M
Italy
$34k
60.3M
Kuwait
$34k
4.6M
Bahamas
$32k
395k
Brunei
$32k
429k