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  • Inflation rate (2006)

2.4%

  • Poverty rate (2002)

17%

  • External Debt (1998)

N/A

  • Revenues (2003)

$688.9bn

  • Expenses (2003)

$746.1bn

  • Labour force (2003)

29.6m

  • Labour force by occupation (2002)

Services (46%), government(28%), industry (25%), agriculture (1%)

  • Unemployment rate (2006)

5.5%

  • Main Industries

Machine tools, industrial equipment, scientific equipment, shipbuilding, aircrafts, motor vehicles and parts, electronic machinery, computers, processed metals, chemical products, coal mining, oil production, paper, food processing, textiles, clothing, and other consumer goods.

  • Agriculture and Fishing

Accounts for only about 1,0% of GDP;

wide variety of crops and livestock products, namely: cereals, oilseed, potatoes, vegetables; cattle, sheep, poultry; eggs, milk, cheese; fish and fish products.

  • Exports (2005)

$312.03bn

- Main Trading Partners:

USA 15%, Germany 11.4%, France 9.7%, Ireland 7.4%,Netherlands 6.3%, Belgium 5.5%, Spain 4.8%, Italy 4.4%.

- Exported commodities: manufactured goods, fuels, chemicals; food, beverages (notably Scotch whisky), tobacco.

  • Imports (2005)

$359.68bn

- Main Trading Partners (2004):

Germany 14.1%, USA 8.7%, France 8%, Netherlands 7.2%, Belgium 5.5%, Italy 4.9%, China 4.1%, Ireland 4%.

- Imported commodities: machinery, manufactured goods, semifinished and consumer goods; foodstuffs.

  • Economic Aid Donor (2004)

$4.2bn

  • Black market:

Illicit drugs: gateway country for Latin American cocaine entering the European market; producer of synthetic drugs; transshipment point for Southwest Asian heroin; money-laundering center.

  • Regional variation

The strength of the UK economy varies from region to region. GDP, and GDP per capita is highest in London.

The following table shows the GDP (2002) per capita of the 12 areas, with data supplied by Eurostat.

Rank

Place

GDP per capita in Pound Sterlings

1

London, England

27 445

2

South East, England

18 564

3

Scotland

16 284

4

East of England

15 976

5

South West, England

15 789

6

West Midlands, England

15 152

7

East Midlands, England

14 994

8

North West, England

14 953

9

Yorkshire and the Humber, England

14 953

10

Northern Ireland

13 430

11

North East, England

13 184

12

Wales

13 084

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