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9 mind-blowing facts about the United Kingdom's economy

Laura McCamy   

9 mind-blowing facts about the United Kingdom's economy
Stock Market1 min read

Red London buses

Dominic Lipinski/PA Images via Getty Images

Red London buses are reflected in standing water on Oxford Street, London, following a burst water main in one of the capital's busiest shopping streets.

  • The United Kingdom has an outsize economic impact - it's the 80th biggest country but it has the 5th largest GDP in the world.
  • The uncertainty surrounding Brexit has caused the UK economy to take a hit. The British pound has lost 14% of its value versus the US dollar since the 2016 referendum.
  • Here are nine hard-to-believe facts about the UK's economy.
  • Visit MarketsInsider.com for more stories.

The United Kingdom's economy has been in the global spotlight ever since the nation voted to leave the European Union in 2016.

Since then, the historic Brexit vote has spurred British companies to flee for other EU countries and sent the British pound on a roller coaster ride.

The exact parameters of the UK's exit from the EU remain unclear, leaving the nation's economy in a position of uncertainty. Prime Minister Theresa May announced her resignation last month after she wasn't able to get her Brexit deal through Parliament, passing the terms of the exit onto a future successor.

But the UK's economy, like its people, remain resilient. Here are 10 facts you may not have known about the UK's economy.

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