United Kingdom
Europe · Pound sterling (GBP) · 69.5 million people
Inflation
3.3%
▲ 0.2 pt since July · Aug 2026
Bank Rate
3.75%
No change since Dec 2025
GDP per person
US$57,602
2025
Inflation and the Bank Rate
Inflation was 3.3% in Aug 2026, up from 3.1% in July. The Bank Rate has been 3.75% since Dec 2025.
Monthly, consumer prices year on year.
Exchange rates
Closing rates on 6 Oct 2026. Changes are over 30 days.
£1 in US dollars
1.324
▼ −2.1%
£1 in euros
1.179
▲ +1.4%
£1 in yen
209.3
▼ −1.1%
£1 in yuan
8.874
▼ −2.2%
£1 in rupees
127.5
▼ −0.2%
£1 in Swiss francs
1.099
▲ +0.5%
Moves are neutral, so they're shown in ink with ▲/▼. All exchange rates
Cost of living
Minimum wage
Monthly, full time · 2024
£1,981 a month
about US$2,624
Average annual wage
2025 · US dollars at purchasing power parity
US$66,300
Median household disposable income
2023
£23,700 a year
Wages and income are OECD figures. Minimum wage from ILOSTAT.
Economy at a glance
GDP per person at PPP
2025 · international dollars
US$64,600
Population
2025
69.5 million
▲ 0.3% vs 2024
Sources and method
Figures from the OECD, the Bank for International Settlements, the World Bank and ILOSTAT. Exchange rates are daily rates from the European Central Bank and other central banks, via Frankfurter. For guidance only. Read the disclaimer
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