United Kingdom is one of the members in the European Union and the G8 group which is an organization of the top eight economic countries in the world. United Kingdom's capital ,London, is also known as one of the top two financial centers with the New York City . The United Kingdom economy is also known and described as Anglo-Saxon Economy.
United Kingdom has a total GDP amount of more than 1.9 trillion and the GDP or the Gross Domestic Product for the year 2006 was over 2.6 percent and United Kingdom is also ranked 18th in the whole world in terms of GDP per Capita rankings. The per capita GDP amount is also more than $31,000.
|
|
Out of the total GDP amount the service sector provides as much as 74 percent whereas the industry sector provides nearly 25 percent and the agricultural sector provides only 1 percent of the gross domestic product. One can find various kind of industries in United Kingdom some of the main industries are:
- Industrial Equipment
- Machine Tools
- Electronic Machinery
- Aircraft Building Industry
- Ship Building Industry
- Oil Production
- Coal Mining