The United Kingdom has a highly developed social market economy. In 2026, the United Kingdom is the fifth-largest national economy in the world measured by nominal gross domestic product, tenth-larges
London's central business district, concentrated in the City of London (pictured right) and Canary Wharf, is one of the main global financial centres.
The Bank of England, London, is the central bank of the United Kingdom.
Wheat harvesting in Devon, England
Fishing boats in Fife, Scotland
Purchasing power parity
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Purchasing power parity is a measure of the price of specific goods in different countries and is used to compare the absolute purchasing power of the countries' currencies. PPP is effectively the rat
Economy of the United Kingdom
…In 2026, the United Kingdom is the fifth-largest national economy in the world measured by nominal gross domestic product (GDP), tenth-largest by purchasing power parity (PPP), and about 21st by nominal GDP per capita, constituting 3.38% of world GDP and 2.13% by purchasing power parity (PPP). The United Kingdom has one…
Big Mac hamburgers, like this one from Japan, are similar worldwide.