Updated in January 2025.
Facing policy trade-offs
AA1
LOW RISK for enterprise
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Economic risk
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Business environment risk
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Political risk
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Commercial risk
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Financing risk
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Economic risk
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Business environment risk
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Political risk
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Commercial risk
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Financing risk
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Form of state | Constitutional Monarchy |
Head of government | Keir Stamer (Prime Minister) |
Next elections | 2029 (general) |
Strengths & Weaknesses

- Services exports powerhouse
- Healthy banking sector
- Diversified export structure
- Friendly business environment
- Well positioned for AI roll-out

- Elevated twin deficits
- High public debt
- Deteriorating goods exports performance
- Low productivity growth
- Weak National Health Service
Economic Overview
Trade Structure by destination/origin
(% of total, 2023)
Trade Structure by product
(% of total, annual 2023)