IMD World Competitiveness Booklet 2022

United Kingdom Competitiveness Trends – Overall

OVERALL PERFORMANCE (63 countries)

BASIC FACTS

Rank

2018

2019

2020

2021

2022

Capital Land area (square km '000)

London

244 2021

0.727 2021

Exchange Rate (per $)

18

19

20

23

23

Population - market size (millions) 67.53 2021 12 Gross Domestic Product (GDP) (US$ billions) 3,186.9 2021 05 GDP (PPP) per capita (US$) 50,388 2021 22 Real GDP growth (%) 7.4 2021 16 Consumer price inflation (%) 2.59 2021 25 Unemployment rate (%) 4.43 2021 18 Labor force (millions) 33.88 2021 11 Current account balance (% of GDP) -2.59 2021 49 Direct investment stocks inward ($bn) 2,206.2 2020 03 Direct investment flows inward (% of GDP) 1.13 2020 39

COMPETITIVENESS LANDSCAPE

Economic Performance Government Efficiency

Business Efficiency

Infrastructure

Domestic Economy

International Trade

International Investment Employment Prices

Public Finance Tax Policy

Institutional Framework Business Legislation

Societal Framework

Productivity & Efficiency Labor Market Finance

Management Practices

Attitudes and Values

Basic Infrastructure

Technological Infrastructure Scientific Infrastructure

Health and Environment Education

9

10

12

17

18 14

20 23 18

21

24

26

30

31

35

37 36

38

39

61

PEER GROUPS RANKINGS EUROPE - MIDDLE EAST - AFRICA (40 countries)

POPULATIONS > 20 MILLION (27 countries)

2018

2019

2020

2021

2022

2018

2019

2020

2021

2022

12

6

6

13

13

14

7

7

16

8

112 Competitiveness Country Profiles

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