18 Mar

United Kingdom Economic Statistics part-I

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United Kingdom – GDP
 
The Gross Domestic Product (GDP) in the British value of 2988.89 billion US dollars in 2014. The GDP price of the UK represents 4.82% of the global market. 
 
GDP in the UK averaged 1048.03 Billion US dollars since 1960 until 2014, getting an all time tall of 2988.89 Billion US dollars in 2014 and a record near to the ground of 72.33 Billion US dollars in 1960. GDP in the UK is reported by the World Bank Group.
 
British Pound Vs America dollar 
 
The GBP/USD spot swap rates specify how much one exchange, the GBP, is presently significance in terms of the extra, the US dollar. While the GBP/USD spot exchange charge is fixed & exchange in the similar day, the GBP/USD further rate is quote nowadays but for release & payment on a particular upcoming day.
 
The GBP/USD decreased 0.0013% or else 0.09% to 1.45 lying on Friday 18th March starting 1.45 in the earlier trading session. The GBP/USD moved 0.0267% or 1.81% throughout the last one year from 1.47 in March 2015. Previously, the British Pound reached an all-time high of 2.86 in December of 1957 and a record low of 1.05 in February 1985.
 
UK FTSE 100 Stock Market Index
 
UK FTSE 100 Index improved 11 points or else 0.18% to 6189 on Thursday 17th March since 6178 in the earlier trading session. UK FTSE 100 Index vanish 773.3 pts or 11.11% during the
last 1 Year from 6,962.32 pts in March 2015. In the past, the UK FTSE 100 Stock Market Index reaches an unprecedented high of 7103.98 in April 2015 & a record low of 427.50 in February 1978.
 
The FTSE 100 Index is a most important stock market index which tracks the act of One Hundred most capitalized company trades on the London Stock Exchange. FTSE one hundred companies signify about 80% of the whole market capitalization of the London Stock Exchange. It is a free-float manifestation. The FTSE 100 has a standing value of One Thousand as of 3rd January 1984.
 
United Kingdom GDP Annual Growth Rate
 
The UK financial system highly developed 1.9% annual in the final 3 months of 2015, slow since a 2.1% increase in the earlier stage, in line with beginning estimate. It is an awful performance from the time when the opening 3 months of 2013 mostly due to a hold back of gross set capital development & exports, statistics from ONS 2nd estimation showed. 
 
GDP Annual Growth Rate in the UK averaged 2.47% since 1956 until 2015, getting an all-time high of 9.80%  in the first part of 1973 and a record low of -5.90% in the first part of 2009. GDP Annual Growth Rate in the UK is reported by the Office for National Statistics.
 
The United Kingdom is the 6th largest financial system in the globe & 2nd largest in Europe after Germany. 
The Service sector is the leading & financial records for 79% of total GDP. 
 
The major segments surrounded by Services are:
  1. The government, education and health- 19% of entire GDP.
  2. Real estate- 12%
  3. Professional, scientific and technical activities and administrative and support services- 12% 
  4. Wholesale & retail trade- 11% 
  5. Financial & insurance- 8% 
  6. Industry accounts- 21% of the GDP,
  7. The major segments within this sector are:
  8. Manufacturing-10%
  9. Construction- 6%. 
  10. The Agriculture sector accounts for only 1% of GDP. 
 
United Kingdom GDP Growth Rate
 
The UK financial system highly developed 0.5% on part in the previous 3 months of 2015, in line with the opening guess. Growth was mostly driven by household expenses while unpleasant preset capital formation & exports decrease statistics since ONS second estimate released.
 
GDP Growth Rate in the UK averaged 0.61% starting 1955 until 2015, reaching an all time high of 5% in the primary 3 months of 1973 and a record low of -2.70%  in primary 3 months of 1974. GDP Growth Rate in the UK is reported by the Office for National Statistics.
 
United Kingdom Population
 
The total population in the UK was very last recorded at 64.8 million people in 2014 since 52.2 million in 1960, varying 24% for the duration of the last 50 yrs. Population in the UK averaged 57.51 Million from 1960 until 2014, Getting an all time high of 64.77 Million in 2014 & a record low of 52.20 Million in 1960. Population in the UK is reported by the Euro statics.
 
The population of the UK represent 0.91% of the world´s total population which possibly means that 1 person in every 111 people on the planet is a occupier of UK.
 
United Kingdom Employment Rate
 
Employment Rate in the UK improved to 74.10% in November from 74% in October 2015. 
 
Employment Rate in the UK averaged 70.97% since 1971 until 2015, reaching an all-time high of 74.10% in November 2015 & a record low of 65.60% in March 1983. Employment Rate in the United Kingdom is reported by the Office for National Statistics.
 
In the United Kingdom, the employment rate procedures the number of people who have a job as a percentage of the working age population.
 
United Kingdom Unemployment Rate
 
British jobless rate came in at 5.1% in the 3 months to January 2016, the same as in the earlier two periods, stay at the lowest in virtually 10 yrs. Pay growth together with bonus went up 2.1% & excluding bonus it went up 2.2% more than expectations. Unemployment Rate in the UK averaged 7.17% since 1971 until 2016, reaching an all-time high of 12% in February 1984 & a record low of 3.40 in November 1973. Unemployment Rate in the UK is reported by the Office for National Statistics.
 
In the UK, the jobless rate measures the number of people actively looking for a job as a percentage of the employment force.
 
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