IMF World Economic Outlook and World Bank readings. Each figure below retains its own reference year, source and unit.
Nominal GDP: Rank 5 among 188 covered IMF economies for reference year 2026. This is a ranking of covered positive readings with the same reference-year label.
Each figure retains its own reference year, unit and source. Missing values are not zero. IMF readings can include estimates or projections; their stored release vintage, observation status and country-specific fiscal-year mapping are unavailable. A shared year label does not establish identical calendar periods.
Population follows the World Bank’s midyear-estimate definition. Nominal GDP is converted from stored billions of US dollars to US dollars. GDP per person is output per person, not a typical income; general-government gross debt is broader than central-government debt.
United Kingdom: economic context and source notes
The stored nominal GDP reading is $4.26T (reference year 2026) and real GDP growth is 0.8% (reference year 2026). The cards retain each measure’s own period and source. Dated releases below provide additional context; their forecasts, estimates and plans remain distinct from observed outcomes.
Services: a share of gross value added
advance estimate
ONS’s August 20, 2026 industry-impact analysis estimates services at 81.2% of UK gross value added for 2024. This covers the entire services sector and uses GVA, not GDP. The analysis presented Blue Book 2026 revisions ahead of their planned incorporation into the September 30, 2026 national-accounts release; it does not describe 2026 output.
OBR growth outlook: a forecast, not an outcome
forecast
The OBR’s March 3, 2026 central forecast projected real GDP growth of 1.1% for 2026. Keep that publication date and forecast status when citing it. It is a separate provider’s projection and does not establish the release vintage of the IMF reading above.
Inflation: distinguish a target from a reading
target
The UK government sets the Bank of England a 2% inflation target on the CPI measure. The IMF card above reports annual-average consumer-price inflation. Retain those definitions and reference periods when comparing the target with a statistical reading.
Trade comparisons need an event date and coverage
historical event
The UK–EU transition period ended on December 31, 2020. A comparison of trade before and after that event needs consistent goods/services coverage and reference periods; the event date alone does not quantify its effect on growth or inflation.
Tariff exposure is product-specific
scope note
The UK government’s US trade guidance distinguishes additional duties, exemptions and sector-specific arrangements. A single undated percentage cannot represent every UK product’s total duty or establish the effect on UK GDP. Check the product, applicable measure and entry date in the underlying guidance.
Source review: September 13, 2026 (UTC). These notes cite specific releases and definitions; they are not a live policy feed.