gb United Kingdom 2023

Detailed economic analysis and indicators for 2023

Year 2023

Key Economic Indicators (2023)

GDP (Current USD)

$3.38 trillion

↑ 8.57% vs 2022
GDP per Capita

$49,463.86

↑ 7.68% vs 2022
GDP Growth (Annual %)

0.34%

↓ 4.50pp vs 2022
Inflation Rate (CPI %)

6.79%

↓ 1.13pp vs 2022

Year-over-Year Comparison

Indicator 2022 2023 Change
GDP (Current USD) $3.11 trillion $3.38 trillion +8.57%
GDP per Capita $45,935.93 $49,463.86 +7.68%
GDP Growth (Annual %) 4.84% 0.34% -4.50pp
Inflation (CPI %) 7.92% 6.79% -1.13pp
Unemployment Rate (%) 3.73% 3.98% +0.25pp

All Economic Indicators (2023)

National Accounts
GDP (Current USD)
$3.38 trillion
GDP per Capita
$49,463.86
GDP Growth (Annual %)
0.34%
Gross National Income
$3.30 trillion
Prices & Employment
Inflation (CPI %)
6.79%
Inflation (GDP Deflator %)
7.30%
Unemployment Rate (%)
3.98%
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)
-2.21%
Government Debt (% GDP)
N/A
Data Last Updated
2025-10-23

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Frequently Asked Questions

As of 2023, United Kingdom's Gross Domestic Product (GDP) is $3.38 trillion. This represents the total value of goods and services produced in the country.

The GDP per capita in United Kingdom for 2023 is $49,463.86. 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 2023 is 6.79%. This measures the annual percentage change in the cost of consumer goods and services.

United Kingdom's annual GDP growth rate for 2023 is 0.34%. This indicates the rate at which the country's economy is expanding or contracting.

The unemployment rate in United Kingdom for 2023 is 3.98%. This represents the percentage of the labor force that is unemployed and actively seeking employment.