<P> The economy of the United Kingdom is highly developed and market - oriented . It is the Sixth - largest national economy in the world measured by nominal gross domestic product ( GDP ) , ninth - largest measured by purchasing power parity ( PPP ) , and nineteenth - largest measured by GDP per capita , comprising 3.9 % of world GDP . It is the second - largest economy in the European Union by both metrics . </P>
<P> The economy of the United Kingdom is highly developed and market - oriented . It is the Sixth - largest national economy in the world measured by nominal gross domestic product ( GDP ) , ninth - largest measured by purchasing power parity ( PPP ) , and nineteenth - largest measured by GDP per capita , comprising 3.9 % of world GDP . It is the second - largest economy in the European Union by both metrics . </P>
where does the uk economy rank in the world
where does the uk economy rank in the world
the Sixth - largest national economy in the world measured by nominal gross domestic product ( GDP ) , ninth - largest measured by purchasing power parity ( PPP ) , and nineteenth - largest measured by GDP per capita , comprising 3.9 % of world GDP
the Sixth - largest national economy in the world measured by nominal gross domestic product ( GDP ) , ninth - largest measured by purchasing power parity ( PPP ) , and nineteenth - largest measured by GDP per capita , comprising 3.9 % of world GDP