UNITED KINGDOM Fact sheets are updated biannually; June and December General information Capital: Land area: Official language(s): Population: Currency: London 241,930 sq km English 65.1 million (2015) Pound sterling Economic indicators (a) GDP (US$b) (current prices) GDP per capita (US$) GDP PPP (Int'l $b) GDP per capita PPP (Int'l $) Real GDP growth (% change yoy) Current account balance (% GDP) Current account balance (US$b) Inflation (% change yoy) Unemployment (% labour force) Head of State HM Queen Elizabeth II Head of Government Prime Minister The Rt Hon Theresa May 2011 2012 2013 2014 2015 2016 2,596.3 41,026.2 2,319.7 36,654.3 2.0 -1.7 -43.9 4.5 8.1 2,639.4 41,431.7 2,390.3 37,520.7 1.2 -3.3 -86.7 2.8 8.0 2,712.5 42,325.3 2,481.7 38,723.7 2.2 -4.5 -121.8 2.6 7.6 2,991.7 46,313.3 2,594.4 40,163.3 2.9 -5.1 -152.2 1.5 6.2 2,849.3 43,770.7 2,679.3 41,158.9 2.2 -4.3 -123.5 0.1 5.4 2,761.0 42,105.5 2,756.7 42,041.3 1.9 -4.3 -119.5 0.8 5.0 Australia's trade and investment relationship with United Kingdom (b) Australian merchandise trade with United Kingdom, 2015 (A$m) Exports to United Kingdom 3,788 Imports from United Kingdom 7,137 Total merchandise trade (exports + imports) 10,925 Major Australian exports, 2015 (A$m) Lead Gold Alcoholic beverages Pearls & gems 467 424 387 359 Australia's trade in services with United Kingdom, 2015 (A$m) Exports of services to United Kingdom 5,012 Imports of services from United Kingdom 7,273 Major Australian services exports, 2015 (A$m) Personal travel excluding education Professional, technical & other business 1,974 813 Total share 1.5% 2.6% 2.1% Rank 12th 10th 13th Major Australian imports, 2015 (A$m) Passenger motor vehicles Medicaments (incl veterinary) Pharm products (excl medicaments) Printed matter Total share 7.6% 9.5% 1,300 462 315 271 Rank 3rd 2nd Major Australian services imports, 2015 (A$m) Personal travel excluding education Professional, technical & other business Australia's investment relationship with United Kingdom, 2015 (A$m) Australia's investment in United Kingdom United Kingdom's investment in Australia Growth (yoy) 1.5% 16.0% 10.1% Total 353,204 499,930 Growth (yoy) 8.8% 10.5% 2,667 1,351 FDI 81,258 76,042 United Kingdom's global merchandise trade relationships United Kingdom's principal export destinations, 2015 1 United States 2 Germany 3 Switzerland 20 Australia 14.9% 10.0% 7.3% 1.2% United Kingdom's principal import sources, 2015 1 Germany 2 China 3 United States 36 Australia 15.0% 10.0% 9.2% 0.5% Compiled by the Economic Diplomacy, Trade Advocacy & Statistics Section, DFAT, using the latest data from the ABS, the IMF and various international sources. (a) Economic indicators data is from the IMF WEO where available, the EIU or other reputable source. Data may include forecasts or projections for recent years. GNI may be shown in lieu of GDP for countries where GDP data is unavailable. (b) Merchandise trade data is based on published and unpublished ABS data. May exclude confidential items of trade. Totals may not add up due to rounding. Investment data is stocks as at end December. All data may be subject to future revisions. GDP - Gross Domestic Product PPP - Purchasing power parity GNI - Gross National Income na - Data is not available np - Data is not published .. - Data is not meaningful Primary - Primary goods STM - Simply transformed manufactures ETM - Elaborately transformed manufactures Other - Other goods including non-monetary gold f.c.f. - Fresh, chilled or frozen nes - Not elsewhere specified