Politics

Politics of United Kingdom in 2023: Politics & Election Tracking

Last Updated: October 30, 2023

Political Summary

United Kingdom - Government Spending (% of GDP)

Note: （%）｜2023後為預測（IMF）

Current Account Balance

-116.14 Billion

Current Account Balance (% of GDP)

-3.8 %

Gov Net Landing/Borrowing（% of GDP）

-5.5 %

Gov Gross Debt（% of GDP）

101.9 %

United Kingdom - Current Account Balance

note: (% of GDP) | Forecast After 2023

United Kingdom - Gross Debt

note: (% of GDP) | Forecast After 2023

Election Tracking

Foreign Policy

FDI Rank（Inflow）

Export Rank

FDI Volume

Unit: Million USD

FDI % of World

Unit: 1/10000

Export Volume

Unit: Million USD

Export as % of The World

Unit: 1/10000

Business Environment

Ranking (Regional)

Ranking (Global)

Doing Business Index (World Bank)

Unit: Score

Business Environment Index (EIU)

Unit: Score

Labor Market

Minimum Hourly Rate

13.01 $

Manufacturing Rate AVG

32.39 $

Average Salary

4360 $

10 Year Growth

0.4986 %

United Kingdom - Unemployment Rate

Note: % | Forecast After 2023 (IMF)

Reference

Economic Data: OECD, World Bank, IMF、Government Statistics Bureau
Currency Exchange: Based on IMF data in 2023/1
GDP Growth Projection: OECD、IMF, OECD, EIU、Government Bureau
Unemployment Rate Projection: ILO, UNECE
Doing Business Report: World Bank 2020 (It was discontinued in 2021)
Trade: UN Comtrade, UNCTD
ICT Infrastructure: ITU
Taxation: World Bank, Statistics Bureau
Minimum Wage: Statistics Bureau
Analysis: OOSGA Analytics

Author: BR Team