According to publisher estimates, in 2022, financial intermediation, real estate and business activities contributed 34.1% towards GVA, followed by mining, manufacturing and utilities (12.9%), and wholesale, retail, hotels (12.1%). The three sectors are forecast to grow by 5.6%, 5.3%, and 5.5%, respectively, in 2023.
London, Manchester, Breckland and South Norfolk, and East Sussex County Council contributed 39.9% to the country's GDP and were home to 28.5% of the UK's population, as of 2022, according to the publisher's cities database.
London, Manchester, Breckland and South Norfolk, and East Sussex County Council contributed 39.9% to the country's GDP and were home to 28.5% of the UK's population, as of 2022, according to the publisher's cities database.
Key Highlights
The FTSE100 Index exhibited a volatile trend over past year. As of March 24, 2023, the Index stood at 7,499.6, compared to 7,467.4 on March 24, 2022.Scope
- With an aim to boost the UK economy, in the budget 2023,the government committed GBP600 billion ($742 billion) towards economic and social infrastructure over the next five years
Reasons to Buy
- Macroeconomic Outlook Report identifies the potentials of the country as an investment destination by analyzing the political, economic, social, technological, legal and environmental (PESTLE) structure
- PESTLE Insights provides 360 degree view of the economy which can be used as a strategic tool to understand the market dynamics, business potentials and direction of operations
- Along with providing the country's snapshot, the report captures the risk factors pertaining to the macroeconomic risks, political environment, legal environment, demographic and social structure effectiveness, technology & infrastructure and natural and geographic aspects that might impact business
- This report also highlights key clusters/cities which contribute significantly to the country GDP and population along with major companies' presence in these areas.
Table of Contents
- Did You Know?
- Country Highlights
- Key Economic Updates
- Agreements Post Brexit
- Country Snapshot
- Political Landscape
- Economic Landscape
- Social Landscape
- Technological Landscape
- Legal Landscape
- Environmental Landscape
- Outlook
- Exhibit 1: The UK’s performance in terms of its country risk analysis in comparison to West Europe and the World average
- Exhibit 2: Performance overview (score: 1-100)
- Exhibit 3: Broad categories and weights behind the index
- Exhibit 4: The UK stock market index (March 2022 to March 2023)
- Exhibit 5: The UK exchange rate (March 2022 to March 2023)
- Exhibit 6: Key sectors’ contribution to the economy (2018-25f)
- Exhibit 7: International investment position (2018 -21) and international investment position by sector (2018-21)
- Exhibit 8: International investment position by country (2020-21) and by region (2021)
- Exhibit 9: Key infrastructure indicators (2020)
- Exhibit 10: Real GDP and household consumption growth rate (2018-25f)
- Exhibit 11: Real GDP growth rate comparison (2022)
- Exhibit 12: Volume of export and import of goods and services growth (2018-25f)
- Exhibit 13: Current account balance (2018-25f)
- Exhibit 14: Top three commodity exports, % of total exports (2018-22)
- Exhibit 15: Natural, cultured pearls and precious stones, % of total exports (2021)
- Exhibit 16: Interest rates (March 2018 - March 2023)
- Exhibit 17: Exchange rate and inflation rate (2018-25f)
- Exhibit 18: General government net lending/borrowing (2018-25f)
- Exhibit 19: General government gross debt (2018-25f)
- Exhibit 20: Unemployment rate (2018-25f)
- Exhibit 21: Average annual wages (2018-25f)
- Exhibit 22: Labor cost index (2018-25f)
- Exhibit 23: Rural/urban share of total population (1995, 2005, 2015, 2025f)
- Exhibit 24: Age-group share of total population (1995, 2005, 2015, 2025f)
- Exhibit 25: Gender split (1995, 2005, 2015, 2025f)
- Exhibit 26: Internet users as a percentage of total population, mobile penetration rate and broadband penetration rate (2022)
- Exhibit 27: Number of patents granted per million population (2021)
- Exhibit 28: High-technology exports, % of manufactured exports (2021)
- Exhibit 29: Rule of law (rankings), 2022
- Exhibit 30: Corruption perceptions index (rankings) (2021)
- Exhibit 31: Renewable electricity, installed capacity (2017-21)
- Exhibit 32: CO2 emissions (2017-21)
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- BBC
- Cadbury
- HSBC
- BP
- Barclays
- Unilever
