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United kingdom-compared-to-oecd-economies
The document compares various economic and social statistics of the United Kingdom to OECD averages. It finds that the UK has an GDP per capita slightly below average, an older population with fewer youth, and higher life expectancy. The UK spends more on education as a percentage of GDP but less on R&D, pensions, and debt is lower than OECD averages. Unemployment is close to average while youth unemployment is higher, and the UK has higher income inequality.
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United kingdom-compared-to-oecd-economies
- 1. www.oecd.org/eco/surveys/economic-survey-united-kingdom.htm 2015 OECD ECONOMICSURVEY OF UNITED KINGDOM CHARTBOOK: BASIC STATISTICS This chartbook compares the United Kingdom to other OECD countries OECD OECD Economics
- 2. INCOME: United Kingdom’sGDP per capita is slightly below the OECD average United Kingdom • GDP per capita: USD 38 256 OECD average • GDP per capita: USD 39 194 2
- 3. POPULATION DEMOGRAPHICS: UnitedKingdom has more elderly people and less youth than the OECD average United Kingdom • 17.8% are over 65 years old • 17.4% are under 15 years old OECD average • 16.0% are over 65 years old • 18.1% are under 15 years old 3
- 4. LENGTH OF LIFE:Life expectancy in United Kingdom is slightly above the OECD average United Kingdom (2012) • Life expectancy: 81.0 years-old OECD average (2012) • Life expectancy: 80.2 years-old 4
- 5. HEALTH CARE: UnitedKingdom’s health care spending is around the OECD average United Kingdom (2012) • 9.3% of GDP OECD average (2012) • 9.2% of GDP 5
- 6. WOMEN IN GOVERNMENT:In the United Kingdom, women represent a lower share of Parliament than the OECD average United Kingdom • 23% of women in Parliament OECD average • 27% of women in Parliament 6
- 7. EDUCATION: United Kingdomspends more on education than most OECD countries (as % of GDP) United Kingdom • 4.7% of GDP OECD average • 3.9% of GDP 7
- 8. EDUCATION: The PISAscores for the United Kingdom are slightly above the OECD average United Kingdom • Reading: 499 • Mathematics: 494 • Science: 514 OECD average • Reading: 496 • Mathematics: 494 • Science: 501 8
- 9. R&D: United Kingdomspends less on research and development than the OECD average (as % of GDP) United Kingdom (2013) • 1.6% of GDP OECD average (2013) • 2.4% of GDP 9
- 10. PENSIONS: United Kingdomspends less than the OECD average on pensions (as % of GDP) United Kingdom (2011) • 6.8% of GDP OECD average (2011) • 8.7% of GDP 10
- 11. DEBT: United Kingdom’sgeneral government net financial debt is slightly lower than the OECD average (as % of GDP) United Kingdom (2013) • 61.6% of GDP OECD average (2012) • 69.8% of GDP 11
- 12. HOURS WORKED: Thoseholding a job in the United Kingdom work less hours per year than the OECD average United Kingdom • 1 669 hours per year OECD average • 1 771 hours per year 12
- 13. EMPLOYMENT: United Kingdom’semployment rate for both women and men is above the OECD average United Kingdom (2013) • Women: 65.8% • Men: 75.4% OECD average (2013) • Women: 57.4% • Men: 73.1% 13
- 14. UNEMPLOYMENT: Unemployment ratein the United Kingdom is close to the OECD average United Kingdom (2013) • 7.5% OECD average (2013) • 7.8% 14
- 15. YOUTH UNEMPLOYMENT: UnitedKingdom has a higher youth unemployment rate than the OECD average United Kingdom (2013) • 20.7% OECD average (2013) • 16.1% 15
- 16. ENVIRONMENT: United Kingdom’sCO2 emissions per capita from fossil fuel combustion are lower than the OECD average United Kingdom • 7.2 tonnes of CO2 OECD average • 9.7 tonnes of CO2 16
- 17. INEQUALITY: United Kingdomhas higher income inequality than the OECD average (as measured by the Gini index) United Kingdom (2011) • 0.34 OECD average (2010) • 0.31 17
- 18. List of countryabbreviations JPN Japan KOR Korea LUX Luxembourg MEX Mexico NLD Netherlands NZL New Zealand NOR Norway POL Poland PRT Portugal SVK Slovak Republic SVN Slovenia ESP Spain SWE Sweden CHE Switzerland TUR Turkey GBR United Kingdom USA United States OECD OECD average AUS Australia AUT Austria BEL Belgium CAN Canada CHL Chile CZE Czech Republic DNK Denmark EST Estonia FIN Finland FRA France DEU Germany GRC Greece HUN Hungary ISL Iceland IRL Ireland ISR Israel ITA Italy JPN Japan 18
- 19. More Information… www.oecd.org/eco/surveys/economic-survey-united-kingdom.htm OECD OECD Economics Disclaimers: Thestatistical data for Israel are supplied by and under the responsibility of the relevant Israeli authorities. The use of such data by the OECD is without prejudice to the status of the Golan Heights, East Jerusalem and Israeli settlements in the West Bank under the terms of international law. This document and any map included herein are without prejudice to the status of or sovereignty over any territory, to the delimitation of international frontiers and boundaries and to the name of any territory, city or area. 1919