Population (2018): 66,488,991
Gross National Income, Atlas method (Current USD) (Billions) (2018): $2,748.38
GNI per capita, Atlas method (Current USD) (2018): $41,340
Income Share Held by Lowest 20% (2018): 7.5%
Gross Domestic Product (Current USD) (Billions) (2018): $2,825
Source: World Bank. World Development Indicators database. Country: United Kingdom. Last accessed Oct. 18, 2019.
Gross Domestic Product Per Capita (Current USD) (2010-2018): $39,932.10
Share of Household Income (2010-2018):
Bottom 40%: NA; Top 20%: 40.6%; Bottom 20%: 7.5%
Gini Coefficient (2010-2018): 33.2
Palma Index of Income Inequality (2010-2018): NA
Gini coefficient – Gini index measures the extent to which the distribution of income (or, in some cases, consumption expenditure) among individuals or households within an economy deviates from a perfectly equal distribution. A Gini index of 0 represents perfect equality, while an index of 100 implies perfect inequality.
Palma index of income inequality – Palma index is defined as the ratio of the richest 10% of the population’s share of gross national income divided by the poorest 40%’s share.
Source: UNICEF (2019). The State of the World’s Children 2019. Children, Food and Nutrition: Growing well in a changing world. UNICEF, New York.