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Agriculture > products
cereals, oilseed, potatoes, vegetables; cattle, sheep, poultry; fish |
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Business efficiency
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20 |
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[20th of 51]
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Commitment to foreign aid
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16% |
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[16th of 18]
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Comparative price levels
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8 |
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[8th of 30]
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Economic freedom
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9 |
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[9th of 156]
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Economic importance
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4 |
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[4th of 25]
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Exchange rates
British pounds per US dollar - 0.5462 (2004), 0.6125 (2003), 0.6672 (2002), 0.6947 (2001), 0.6609 (2000) |
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Exports to US
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$7.00 |
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[7th of 224]
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GDP > PPP
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$6.00 |
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[6th of 163]
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Income category
High income: OECD |
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Income distribution > Poorest 10%
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75% |
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[75th of 114]
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Income distribution > Poorest 20%
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65% |
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[65th of 114]
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Income distribution > Richest 10%
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74% |
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[74th of 114]
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Income distribution > Richest 20%
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72% |
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[72nd of 114]
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Informal economy
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100% |
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[100th of 104]
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Innovation
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4 |
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[4th of 68]
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Overall productivity > PPP
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$22.00 |
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[22nd of 49]
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Population below median income
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8 |
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[8th of 28]
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Technological achievement
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7 |
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[7th of 68]
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Trade with US > US exports of textile, sewing machines
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9 |
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[9th of 183]
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... View all Economy stats
SOURCES: ; Based upon a business efficiency index where '100' represents the highest level of business efficiency.; Relative commitment to aid and military expenditure. Official development assistance compared with military expenditure, 1995 %.; Comparative price levels (OECD average=100); Index of 'economic freedom', according to the American organisation 'The Heritage Foundation'. It is worth noting that such indices are based on highly culturally contingent factors. This data makes a number of assumptions about 'freedom' and the role of the government that are not accepted by much of the world's population. A broad discussion of The Heritage Foundation's definition and methodology can be found at http://www.heritage.org/research/features/index/ChapterPDFs/chapter5.HTML.; Globalpolicy.org; The official value of a country's monetary unit at a given date or over a given period of time, as expressed in units of local currency per US dollar and as determined by international market forces or official fiat.; in US dollars. Jan 2003 - March 2003; Purchasing Power Parity (PPP) in Millions of International Dollars, 2004.; World Bank income categories are used; Share of income or consumption (%). The distribution of income is typically more unequal than the distribution of consumption.; The easiest definition of the informal economy is: Street traders and street vendors; Itinerant or seasonal or temporary job workers on building sites or road work; and those in between the streets and home,(e.g. waste collectors); Innovation
Units: Unitless Scale; Estimates: GDP (PPP) per person employed, US$; Population living below 50% of median income (%); Technology Achievement Index
Units: Score; US exports of textile, sewing machines, USD Thousands, 2004
ALTERNATIVE NAMES:
United Kingdom, United Kingdom of Great Britain and Northern Ireland, britain, great britain, united kingdom of great britain and northern irela, united king., The United Kingdom
Interesting facts on British Economy
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