http://www.tradingeconomics.com/RSS Feed60http://www.tradingeconomics.com/united-kingdom/current-account-to-gdpThe United Kingdom reported a Current Account deficit of 1.9 percent of the country's Gross Domestic Product in 2011. Historically, from 1980 until 2010, the United Kingdom Current Account to GDP averaged -1.5500 Percent reaching an all time high of 1.9000 Percent in December of 1981 and a record low of -4.9000 Percent in December of 1989. The Current account balance as a percent of GDP provides an indication on the level of international competitiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. On the other hand, countries recording a current account deficit have strong imports, a low saving rates and high personal consumption rates as a percentage of disposable incomes. This page includes a chart with historical data for the United Kingdom Current Account to GDP. EurostatFri, 25 May 2012 18:58:00 GMThttp://www.tradingeconomics.com/united-kingdom/gdp-growthThe Gross Domestic Product (GDP) in the United Kingdom contracted 0.30 percent in the first quarter of 2012 over the previous quarter. Historically, from 1955 until 2012, the United Kingdom GDP Growth Rate averaged 0.5800 Percent reaching an all time high of 5.3000 Percent in March of 1973 and a record low of -2.5000 Percent in March of 1974. The Gross Domestic Product (GDP) growth rate provides an aggregated measure of changes in value of the goods and services produced by an economy. The United Kingdom is among the world's most developed economies. Services, particularly banking, insurance, and business services, account by far for the largest proportion of GDP while industry continues to decline in importance. Over the past two decades, the government has greatly reduced public ownership and contained the growth of social welfare programs. This page includes a chart with historical data for the United Kingdom GDP Growth Rate.UK Office for National StatisticsThu, 24 May 2012 10:56:00 GMThttp://www.tradingeconomics.com/united-kingdom/retail-salesRetail Sales in the United Kingdom decreased 2.30 percent in April of 2012 over the previous month. Historically, from 1996 until 2012, the United Kingdom Retail Sales averaged 0.2300 Percent reaching an all time high of 2.9000 Percent in May of 2008 and a record low of -4.1000 Percent in January of 2010. A Retail sales report provides an aggregated measure of sales of retail goods over a specific time period. Retail sales are both seasonal and volatile and their importance to the overall gross domestic product varies with each country. However, the retail sales data is widely followed by investors because is only a few weeks old. This page includes a chart with historical data for the United Kingdom Retail Sales.ONSWed, 23 May 2012 11:04:00 GMThttp://www.tradingeconomics.com/united-kingdom/retail-sales-annualRetail Sales in the United Kingdom decreased 1.10 percent in April of 2012 over the same month in the previous year. Historically, from 1997 until 2012, the United Kingdom Annual Retail Sales averaged 2.6900 Percent reaching an all time high of 9.3000 Percent in April of 2002 and a record low of -3.5000 Percent in February of 2009. A Retail sales report provides an aggregated measure of sales of retail goods over a specific time period. Retail sales are both seasonal and volatile and their importance to the overall gross domestic product varies with each country. However, the retail sales data is widely followed by investors because is only a few weeks old. This page includes a chart with historical data for the United Kingdom Annual Retail Sales.ONSWed, 23 May 2012 11:03:00 GMThttp://www.tradingeconomics.com/united-kingdom/inflation-cpiThe inflation rate in the United Kingdom was recorded at 3.00 percent in April of 2012. Historically, from 1989 until 2012, the United Kingdom Inflation Rate averaged 2.8200 Percent reaching an all time high of 8.5000 Percent in April of 1991 and a record low of 0.5000 Percent in May of 2000. Inflation rate refers to a general rise in prices measured against a standard level of purchasing power. The most well known measures of Inflation are the CPI which measures consumer prices, and the GDP deflator, which measures inflation in the whole of the domestic economy. This page includes a chart with historical data for the United Kingdom Inflation Rate.UK Office for National StatisticsTue, 22 May 2012 11:15:00 GMThttp://www.tradingeconomics.com/united-kingdom/unemployment-rateThe unemployment rate in the United Kingdom was last reported at 8.2 percent from January to March of 2012. Historically, from 1971 until 2012, the United Kingdom Unemployment Rate averaged 7.2400 Percent reaching an all time high of 12.0000 Percent in February of 1984 and a record low of 3.4000 Percent in November of 1973. The unemployment rate can be defined as the number of people actively looking for a job as a percentage of the labour force. This page includes a chart with historical data for the United Kingdom Unemployment Rate.UK Office for National StatisticsWed, 16 May 2012 16:12:00 GMThttp://www.tradingeconomics.com/united-kingdom/balance-of-tradeThe United Kingdom reported a trade deficit equivalent to 2739 Million GBP in March of 2012. Historically, from 1955 until 2012, the United Kingdom Balance of Trade averaged -1157.7600 Million GBP reaching an all time high of 2946.0000 Million GBP in March of 1981 and a record low of -6067.0000 Million GBP in August of 2005. The United Kingdom is the world's fifth-largest trading nation, highly dependent on foreign trade. It must import almost all its copper, ferrous metals, lead, zinc, rubber, and raw cotton and about one-third of its food. The United Kingdom's exports manufactured items like telecommunications equipment, automobiles, automatic data processing equipment, medicinal and pharmaceutical products and aircraft. Its main trading partners are European Union countries, The United States, China and Japan. This page includes a chart with historical data for the United Kingdom Balance of Trade.UK Office for National StatistcsTue, 15 May 2012 12:21:00 GMThttp://www.tradingeconomics.com/united-kingdom/importsUnited Kingdom imports were worth 44.6 Billion GBP in March of 2012. Historically, from 1955 until 2012, the United Kingdom Imports averaged 20593.3100 Million GBP reaching an all time high of 44555.0000 Million GBP in March of 2012 and a record low of 1031.0000 Million GBP in June of 1955. United Kingdom must import almost all its copper, ferrous metals, lead, zinc, rubber, raw cotton and about one-third of its food. Its main import partners are European Union countries (Germany, France, Ireland, Netherlands, Belgium), United States, China and Norway. This page includes a chart with historical data for the United Kingdom Imports.UK Office for National StatistcsTue, 15 May 2012 12:19:00 GMThttp://www.tradingeconomics.com/united-kingdom/exportsUnited Kingdom exports were worth 41.8 Billion GBP in March of 2012. Historically, from 1955 until 2012, the United Kingdom Exports averaged 19435.5500 Million GBP reaching an all time high of 41816.0000 Million GBP in March of 2012 and a record low of 962.0000 Million GBP in June of 1955. The United Kingdom is the world's fifth-largest trading nation, highly dependent on foreign trade. The United Kingdom's major export commodities are manufactured items like telecommunications equipment, automobiles, automatic data processing equipment, medicinal and pharmaceutical products and aircraft. Main export partners are USA, Germany, France and Ireland. This page includes a chart with historical data for the United Kingdom Exports.UK Office for National StatistcsTue, 15 May 2012 12:18:00 GMThttp://www.tradingeconomics.com/united-kingdom/interest-rateThe benchmark interest rate in the United Kingdom was last reported at 0.50 percent. Historically, from 1971 until 2012, the United Kingdom Interest Rate averaged 8.3400 Percent reaching an all time high of 17.0000 Percent in December of 1979 and a record low of 0.5000 Percent in March of 2009. In the United Kingdom, the Bank of England has an operational independence. Decisions on interest rates are taken by the Monetary Policy Committee (MPC). The Bank of England official interest rate is the repo rate. This repo rate applies to open market operations of the Bank of England with a group of counterparties (banks, building societies, securities firms). This page includes a chart with historical data for the United Kingdom Interest Rate.Bank of EnglandThu, 10 May 2012 12:08:00 GMThttp://www.tradingeconomics.com/united-kingdom/industrial-productionIndustrial Production in the United Kingdom decreased 2.60 percent in March of 2012. Historically, from 1949 until 2012, the United Kingdom Industrial Production averaged 1.6400 Percent GBP reaching an all time high of 22.6000 Percent GBP in February of 1973 and a record low of -12.9000 Percent GBP in February of 2009. Industrial production measures changes in output for the industrial sector of the economy which includes manufacturing, mining, and utilities. Industrial Production is an important indicator for economic forecasting and is often used to measure inflation pressures as high levels of industrial production can lead to sudden changes in prices. This page includes a chart with historical data for the United Kingdom Industrial Production.UK Office for National StatistcsThu, 10 May 2012 11:46:00 GMThttp://www.tradingeconomics.com/united-kingdom/government-debt-to-gdpThe United Kingdom recorded a Government Debt to GDP of 85.70 percent of the country's Gross Domestic Product in 2011. Historically, from 1980 until 2011, the United Kingdom Government Debt To GDP averaged 46.2200 Percent reaching an all time high of 85.7000 Percent in December of 2011 and a record low of 31.3000 Percent in December of 1991. Generally, Government debt as a percent of GDP is used by investors to measure a country ability to make future payments on its debt, thus affecting the country borrowing costs and government bond yields. This page includes a chart with historical data for the United Kingdom Government Debt To GDP.EurostatFri, 04 May 2012 16:33:00 GMThttp://www.tradingeconomics.com/united-kingdom/government-budgetThe United Kingdom reported a Government Budget deficit equal to 8.30 percent of the country's Gross Domestic Product in 2011. Historically, from 1995 until 2011, the United Kingdom Government Budget averaged -3.5400 Percent of GDP reaching an all time high of 3.6000 Percent of GDP in December of 2000 and a record low of -11.5000 Percent of GDP in December of 2009. Government Budget is an itemized accounting of the payments received by government (taxes and other fees) and the payments made by government (purchases and transfer payments). A budget deficit occurs when an government spends more money than it takes in. The opposite of a budget deficit is a budget surplus. This page includes a chart with historical data for the United Kingdom Government Budget.EurostatFri, 04 May 2012 16:32:00 GMThttp://www.tradingeconomics.com/united-kingdom/consumer-confidenceIn the United Kingdom, consumer confidence declined to -31 in March of 2012 from -29 in February of 2012. Historically, from 1981 until 2012, the United Kingdom Consumer Confidence averaged -9.0500 reaching an all time high of 10.0000 in June of 1987 and a record low of -39.0000 in July of 2008. In the United Kingdom, the consumer confidence survey measures the level of optimism that consumers have about the performance of the economy. The GfK Consumer Confidence is derived from the survey of about 2,000 consumers which are ask to rate the relative level of past and future economic conditions including personal financial situation, climate for major purchases, and overall economic situation. This page includes a chart with historical data for the United Kingdom Consumer Confidence.GfK NOP (UK)Fri, 27 Apr 2012 12:12:00 GMThttp://www.tradingeconomics.com/united-kingdom/gdp-growth-annualThe Gross Domestic Product (GDP) in the United Kingdom contracted 0.00 percent in the first quarter of 2012 over the same quarter of the previous year. Historically, from 1956 until 2012, the United Kingdom GDP Annual Growth Rate averaged 2.3600 Percent reaching an all time high of 10.1000 Percent in March of 1973 and a record low of -6.9000 Percent in March of 2009. The annual growth rate in Gross Domestic Product measures the increase in value of the goods and services produced by an economy over the period of a year. Therefore, unlike the commonly used quarterly GDP growth rate the annual GDP growth rate takes into account a full year of economic activity, thus avoiding the need to make any type of seasonal adjustment. This page includes a chart with historical data for the United Kingdom GDP Annual Growth Rate.UK Office for National StatistcsWed, 25 Apr 2012 21:17:00 GMThttp://www.tradingeconomics.com/united-kingdom/current-accountThe United Kingdom reported a current account deficit equivalent to 8.45 Billion of GBP in the fourth quarter of 2011. Historically, from 1946 until 2011, the United Kingdom Current Account averaged -1.0500 Billion GBP reaching an all time high of 338.0000 Billion GBP in December of 1950 and a record low of -330.0000 Billion GBP in December of 1951. Current Account is the sum of the balance of trade (exports minus imports of goods and services), net factor income (such as interest and dividends) and net transfer payments (such as foreign aid). This page includes a chart with historical data for the United Kingdom Current Account.UK Office for National StatistcsWed, 28 Mar 2012 16:41:00 GMThttp://www.tradingeconomics.com/united-kingdom/business-confidenceIn the United Kingdom, business confidence improved to -9.3 in the first quarter of 2012 from -9.7 in the fourth quarter of 2011. Historically, from 2004 until 2012, the United Kingdom Business Confidence averaged 1.8700 reaching an all time high of 25.8000 in March of 2010 and a record low of -45.3000 in March of 2009. In the United Kingdom, the ICAEW/Grant Thornton UK Business Confidence Monitor (BCM) is calculated from the response to the following question: Overall, how would you describe your confidence in the economic prospects facing your business over the next 12 months, compared to the previous 12 months? A score is applied to each response, and a weighted average of these scores yields the Confidence Index value. A Confidence Index of +100 would indicate that all survey respondents were much more confident about future prospects, while -100 would indicate that all survey respondents were much less confident about future prospects. This page includes a chart with historical data for the United Kingdom Business Confidence.ICAEW/Grant Thornton UKWed, 07 Mar 2012 18:14:00 GMThttp://www.tradingeconomics.com/united-kingdom/gdp-per-capitaThe Gross Domestic Product per capita in the United Kingdom was last reported at 27321.13 US dollars in 2010, according to a report published by the World Bank. The GDP per Capita in the United Kingdom is equivalent to 221 percent of the world's average. Historically, from 1960 until 2010, the United Kingdom GDP per capita averaged 18579.1700 USD reaching an all time high of 28928.9400 USD in December of 2007 and a record low of 10479.6800 USD in December of 1960. The GDP per capita is obtained by dividing the country’s gross domestic product, adjusted by inflation, by the total population. This page includes a chart with historical data for the United Kingdom GDP per capita.World BankWed, 04 Jan 2012 19:04:00 GMThttp://www.tradingeconomics.com/united-kingdom/gdp-per-capita-pppThe Gross Domestic Product per capita in the United Kingdom was last reported at 35903.69 US dollars in 2010, when adjusted by purchasing power parity (PPP), according to a report published by the World Bank. The GDP per Capita, in the United Kingdom, when adjusted by Purchasing Power Parity is equivalent to 163 percent of the world's average. Historically, from 1980 until 2010, the United Kingdom GDP per capita PPP averaged 21617.7200 USD reaching an all time high of 36820.1800 USD in December of 2008 and a record low of 8382.6900 USD in December of 1980. The GDP per capita PPP is obtained by dividing the country’s gross domestic product, adjusted by purchasing power parity, by the total population. This page includes a chart with historical data for the United Kingdom GDP per capita PPP.World BankWed, 04 Jan 2012 19:02:00 GMThttp://www.tradingeconomics.com/united-kingdom/population Historically, from 1960 until 2010, the United Kingdom Population averaged 57.0800 Million reaching an all time high of 62.2500 Million in December of 2010 and a record low of 52.3700 Million in December of 1960. The total population in the United Kingdom was last reported at 62.3 million people in 2010 from 52.4 million in 1960, changing 18 percent during the last 50 years. The United Kingdom has 0.90 percent of the world´s total population which means that one person in every 112 people on the planet is a resident of the United Kingdom. This page includes a chart with historical data for the United Kingdom's Total Population. This page includes a chart with historical data for the United Kingdom Population.World BankFri, 28 Oct 2011 13:56:00 GMT