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Note that 2021 was an exceptional year because of the fall in GDP in 2020 which averaged 11.0% across the country. The recovery in 2021 was therefore a partial ...
In 2021, Glasgow's GDP was estimated at just under 25.8 billion pounds, [8] with an estimated £48billion in Gross Value Added (GVA) in 2021. [9] Together with the countries capital city, Edinburgh and is associated economy, the central belt of Scotland is one of the 20 largest urban regions in Europe. [10] Based on Gross Value Added (GVA) and ...
Regions of the United Kingdom by GRP per capita in 2018. This article is about the gross regional product (GRP) per capita of regions of the United Kingdom, defined as Level 2 regions of the Nomenclature of Territorial Units for Statistics (NUTS 2), in nominal values. Values are shown in euros in the original source.
The United Kingdom constituted 2.17% of world GDP by purchasing power parity (PPP) in 2024 estimates. [29] The United Kingdom has one of the most globalised economies [30] and comprises England, Scotland, Wales and Northern Ireland. [31] In 2022, the United Kingdom was the fifth-largest exporter [32] in the world and the fourth-largest importer ...
The economy of Scotland is an open mixed economy, mainly services based, which is the second largest economy amongst the countries of the United Kingdom. It had an estimated nominal gross domestic product (GDP) of £218.0 billion in 2023, including oil and gas extraction in the country's continental shelf region. [2]
In 2021, Glasgow's GDP was estimated at just under 25.8 billion pounds, [67] with an estimated £48billion in Gross Value Added (GVA) in 2021. [68] Glasgow is a member of the Core Cities Group, a self-selected and self-financed collaborative advocacy group of large regional cities in the United Kingdom outside Greater London and Edinburgh. The ...
The GDP per capita showed similar variations with London having a GDP per head of £56,000 compared with the North East of England at £23,000 in 2024. [ 3 ] Different regions also see different rates of unemployment; in early 2024, the average UK unemployment rate was 4.3%, ranging from the East Midlands at 5.6% to Northern Ireland at 2.1%.
This is a list of cities and conurbations in the United Kingdom sorted by their GDP, a measure of the value of goods and services produced in an area, industry or sector of an economy. The Office for National Statistics produces GDP data in terms of International Territorial Level (ITL). The lowest spatial area for which they are made is ITL 3.