On this page you will find beneficial information regarding foreign direct investment in / trading with United Kingdom. If you are interested in exploring trade or investment possibilities in the country, feel free to contact the International Trade Council team. Additionally, we encourage you to engage with the official government investment agency featured on this page.
It is important to note that while the statistics presented on this page were understood to be accurate at the time of publication, they are subject to change over time. Please consult your ITC Trade Commissioner for up-to-date information.
Type of Government: Constitutional Monarchy and a Commonwealth Realm
Population: 67.33 million (2021)
GDP: 3.131 trillion USD (2021)
Corporate Tax Rate: 25%
Personal Income Tax Rate: 0% - 45%
Major Exports: Cars ($30.2B), Gold ($29.7B), Gas Turbines ($21.9B), Crude Petroleum ($19.6B), and Packaged Medicaments ($17.9B), exporting mostly to United States ($56.1B), Germany ($39.5B), Netherlands ($34.6B), Ireland ($28.4B), and Switzerland ($25.7B).
Major Imports: Gold ($53.9B), Cars ($33.6B), Petroleum Gas ($26.8B), Crude Petroleum ($23.4B), and Packaged Medicaments ($15.2B), importing mostly from China ($86.2B), Germany ($76.3B), United States ($55.5B), Netherlands ($43.1B), and Norway ($33.5B).
Investment Agency: Department for International Trade
National Chamber of Commerce: British Chambers of Commerce
Customs Agency: HM Revenue & Customs (HMRC)