United Kingdom 2020
Detailed economic analysis and indicators for 2020
Key Economic Indicators (2020)
GDP (Current USD)
$2.70 trillion
↓ 5.42% vs 2019GDP per Capita
$40,201.68
↓ 5.77% vs 2019GDP Growth (Annual %)
-10.30%
↓ 11.92pp vs 2019Inflation Rate (CPI %)
0.99%
↓ 0.75pp vs 2019Year-over-Year Comparison
| Indicator | 2019 | 2020 | Change |
|---|---|---|---|
| GDP (Current USD) | $2.85 trillion | $2.70 trillion | -5.42% |
| GDP per Capita | $42,662.54 | $40,201.68 | -5.77% |
| GDP Growth (Annual %) | 1.62% | -10.30% | -11.92pp |
| Inflation (CPI %) | 1.74% | 0.99% | -0.75pp |
| Unemployment Rate (%) | 3.61% | 4.47% | +0.86pp |
All Economic Indicators (2020)
National Accounts
- GDP (Current USD)
- $2.70 trillion
- GDP per Capita
- $40,201.68
- GDP Growth (Annual %)
- -10.30%
- Gross National Income
- $2.64 trillion
Prices & Employment
- Inflation (CPI %)
- 0.99%
- Inflation (GDP Deflator %)
- 4.97%
- Unemployment Rate (%)
- 4.47%
- Interest Rate (Real %)
- N/A
Trade & Investment
- Exports (Goods & Services)
- N/A
- Imports (Goods & Services)
- N/A
- FDI Inflow
- N/A
- FDI Outflow
- N/A
Balance & Debt
- Current Account Balance (% GDP)
- -2.96%
- Government Debt (% GDP)
- N/A
- Data Last Updated
- 2025-10-23
Frequently Asked Questions
As of 2020, United Kingdom's Gross Domestic Product (GDP) is $2.70 trillion. This represents the total value of goods and services produced in the country.
The GDP per capita in United Kingdom for 2020 is $40,201.68. GDP per capita is calculated by dividing the country's GDP by its population.
The Consumer Price Index (CPI) inflation rate in United Kingdom for 2020 is 0.99%. This measures the annual percentage change in the cost of consumer goods and services.
United Kingdom's annual GDP growth rate for 2020 is -10.30%. This indicates the rate at which the country's economy is expanding or contracting.
The unemployment rate in United Kingdom for 2020 is 4.47%. This represents the percentage of the labor force that is unemployed and actively seeking employment.