Tough Times For The Brexit Queen

Tough Times For The Brexit Queen

Ever since Theresa May became Britain’s prime minister in the wake of last year’s fateful EU referendum, she has sought to define herself—and her government—as something more than just the executors of the “people’s will” in carrying out Brexit.

 
 
Source
Central bank

Bank of England

International Reserves

USD 124 billion (2016)

International Monetary Fund (IMF), data retrieved January 2017

Gross Domestic Product - GDP

USD 2,609.9 billion (2017, estimate)

GDP (Purchasing Power Parity)

Intl$ 2,877.5 billion (2017, estimate)

Real GDP growth
2006 2007 2008 2009 2010 2011 2012
2.5% 2.6% -0.6% -4.3% 1.9% 1.5% 1.3%
2013 2014 2015 2016* 2017*    
1.9% 3.1% 2.3% 1.8% 1.1%    

*Estimate

GDP per capita - current prices

USD 39,526.2 (2017, estimate)

GDP per capita - PPP

Intl$ 43,578.8 (2017, estimate)

GDP (PPP) - share of world total
1980 1990 2000 2010 2017*
3.39% 3.34% 3.02% 2.44% 2.3%

*Estimate

 
 
Source
GDP - composition by sector
  • agriculture: 0.6% 
  • industry: 19.2% 
  • services: 80.2%

(2016 estimate)

Gross domestic expenditure on R&D; (% of GDP)

1.7% (2014)

OECD, data retrieved January 2017

Inflation
2013 2014 2015 2016* 2017*
2.6% 1.5% 0.1% 0.7% 2.5%

*Estimate

Unemployment rate
2013 2014 2015 2016* 2017*
7.6% 6.2% 5.4% 5.0% 5.2%

*Estimate

Household saving rates

0.2% (Total, 2015)

Public debt (General government gross debt as a % of GDP)
2013 2014 2015 2016* 2017*
86% 87.9% 89% 89% 88.8%

*Estimate

Public deficit (General government net lending/borrowing as a % of GDP)
2013 2014 2015 2016* 2017*
-5.7% -5.6% -4.2% -3.3% -2.7%

*Estimate 

Government bond ratings

Standard & Poor's: AA

Moody's: Aa1

Standard & Poor's / Moody's (Updated January 2017)

Market value of publicly traded shares
2013 2014 2015
N/A N/A N/A
Largest companies

HSBC Holdings, Prudential, GlaxoSmithKline, National Grid, Lloyds Banking Group, AstraZeneca, British American Tobacco, Aviva, Imperial Tobacco Group, BT Group, SABMiller, Diageo, Legal & General Group, WPP, Reckitt Benckiser Group, BAE Systems, Old Mutual, Standard Life, SSE, BP, Tesco, International Airlines, Vodafone, Aon, Barclays, Royal Bank of Scotland, British Sky Broadcasting, Compass Group, Rio Tinto, Associated British Foods, Fiat Chrysler Automobiles, Standard Chartered, RELX Group, Liberty Global, Delphi Automotive, J Sainsbury, Centrica, Anglo American, Rolls-Royce Holdings, Kingfisher, CNH Industrial, London Stock Exchange, Land Securities Group, Marks & Spencer, British Land, Johnson Matthey, Investec, Schroders, Next, Wm Morrison Supermarkets, EasyJet, Pentair, St. James's Place, Mondi, Royal Mail, RSA Insurance Group, Willis Towers Watson, Vedanta Resources, ITV, Bunzl, Barratt Developments, Pearson, InterContinental Hotels, Direct Line Insurance, ARM Holdings, Hammerson, United Utilities, GKN, Taylor Wimpey, Persimmon, Smith & Nephew, Phoenix Group Holdings, Whitbread, Intu Properties, Dixons Carphone, Babcock International Group, 3i Group, Capita, Burberry Group, Derwent London, Travis Perkins, Virgin Money Holdings, Segro, Admiral Group plc, Great Portland Estates, Ashtead Group, Smiths Group, Thomas Cook Group, Berkeley Group Holdings, Inchcape, ICAP, Shaftesbury.

 
 
Source
Current account balance

USD -112.3 billion (2017 estimate)

Current account balance by percentage of GDP

-4.3% (2017 estimate)

Exports as percent of GDP (Exports of goods and services)

27.2% (2015)

Shares in world total merchandising export

2.8% (2015)

Shares in world total commercial services export

7.3% (2015)

Total exports

USD 412.1 billion (2016 estimate)

Export commodities

Manufactured goods, fuels, chemicals; food, beverages, tobacco

Total imports

USD 581.6 billion (2016 estimate)

 
 
Source
Import commodities

Manufactured goods, machinery, fuels; foodstuffs

Exports - major partners

US 14.6%, Germany 10.1%, Switzerland 7%, China 6%, France 5.9%, Netherlands 5.8%, Ireland 5.5% (2015)

Imports - major partners

Germany 14.8%, China 9.8%, US 9.2%, Netherlands 7.5%, France 5.8%, Belgium 5% (2015)

FDI inflows
2013 2014 2015
USD 47,592 million USD 52,449 million USD 39,533 million
FDI outflows
2013 2014 2015
USD -18,771 million USD -81,809 million USD -61,441 million
Value of cross-border M&A, by country of purchaser
2012 2013 2014 2015
USD -2118.3 million USD -63456.8 million USD -72050.2 million USD 34955.5 million
Cross-border M&A deals worth over $3 billion completed in 2014

Liberty Global PLC, Ziggo NV, Netherlands, USD 6.8 billion / Rolls-Royce Holdings PLC, Engine Holding GmbH, Germany, USD 3.4 billion

(for a monthly update on M&A; click here )

Cross-border M&A deals worth over $3 billion completed in 2015

Aviva PLC, Friends Life Group Ltd, Guernsey, USD 8.7 billion / GlaxoSmithKline PLC, Novartis AG-Vaccines Business, Switzerland, USD 7.1 billion / L1 Energy Ltd, RWE Dea AG, Germany, USD 7.1 billion / Imperial Tobacco Group PLC, Reynolds American Inc-Cigarette Brands Portfolio & Other Assets, United States, USD 7.1 billion / Gaetano Holdings Ltd, Komi Oil OOO, Russian Federation, USD 5.0 billion / British American Tobacco PLC, Reynolds American Inc, United States, USD 4.7 billion / CVC Capital Partners Ltd, Douglas Holding AG, Germany, USD 3.1 billion / Investor Group, E ON Espana SL, Spain, USD 3.1 billion / Cable & Wireless Communications PLC, Columbus International Inc, Bahamas, USD 3.1 billion

(for a monthly update on M&A; click here )

Best countries for doing business

Economies are ranked on their ease of doing business. A high ease of doing business ranking means the regulatory environment is more conducive to the starting and operation of a local firm.

Overall ranking: 7 out of 190 countries (2017)

Subcategories:

Starting a business: 16 out of 190 countries

Enforcing Contracts: 31 out of 190 countries

Registering Property: 47 out of 190 countries

Getting Credit: 20 out of 190 countries

Protecting Minority Investors: 6 out of 190 countries

Trading Across Borders: 28 out of 190 countries

Paying Taxes: 10 out of 190 countries

Dealing with Construction Permits: 17 out of 190 countries

Getting Electricity: 17 out of 190 countries

Resolving Insolvency: 13 out of 190 countries

Global competitiveness ranking

7 out of 138 countries

(2016-2017)

 

 

Index of Economic Freedom

Ranking: 10 / Score: 76.41 (Mostly free) (2016)

(100=totally free 0=totally repressed)

 
 
Source
Time zone

UTC 0

Total area

243,610 sq km

Capital

London 

Currency

British pounds (GBP) 

Government type

Parliamentary constitutional monarchy; a Commonwealth realm

Languages

English

Note: the following are recognized regional languages: Scots (about 30% of the population of Scotland), Scottish Gaelic (about 60,000 in Scotland), Welsh (about 20% of the population of Wales), Irish (about 10% of the population of Northern Ireland), Cornish (some 2,000 to 3,000 in Cornwall) (2012 est.)

Religions

Christian (includes Anglican, Roman Catholic, Presbyterian, Methodist) 59.5%, Muslim 4.4%, Hindu 1.3%, other 2%, unspecified 7.2%, none 25.7% (2011 est.)

Total population
1990 2000 2010 2016* 2021*
57.238 million 58.886 million 62.76 million 65.572 million 67.781 million

*Estimate 

 
 
Source
Urban population as % of total population
1960 1980 2000 2015
78% 79% 79% 83%
Population median age

40.5 years (2016 estimate)

Population growth rate

0.53% (2016 estimate)

Life expectancy

80.7 years (2016 estimate)

Literacy

N/A

% of population living on less than $3.10 a day

N/A

Inequality of wealth distribution (Gini index)

32.6 (2012)

(0=perfect equality, 100=absolute inequality)

Freedom House rating

Political Rights: 1
Civil Liberties: 1 (2017)                         

(1 represents the most free, 7 the least free rating)

Source
Total telephone subscribers as % of population

Fixed 52.02%   Mobile 124.13% (2015)
(fixed-telephone subscribers and mobile-cellular subscribers)

Internet users as % of total population

92% (2015)

Mercer Cost of living index

London: 17th 
Aberdeen:85th
Birmingham: 96th
Glasgow: 119th
Belfast: 134th

(2016)

CO2 emissions

7.1 (2013)

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