Thursday, November 15, 2012

UK vs UAE


United kingdom

Unemployment rate 

The unemployment rate for the united kingdom for 2009was 18.9 percent. The country comparison to the world was 62. The unemployment rate for male is 2.17 percent and female 15.6 percent. The population of the united kingdom is 63,047,162 in 2012. However the labor force is 31.72 million in 2011.

Economic growth 

The United kingdom is a leading country in trading and a financial center,their economy is the third largest economy in Europe. The government reduces its ownership and improved the agriculture production which is efficient by european standards. A big proportion of the GDP is financial services banks and insurance while the industry and manufacturing decreasing. The GDP of the UK for 2011 is 2.418 trillion and the GDP per capita is 36,600. 

Stable prices 

The inflation rate for UK for 2011 is 4.5 percent, and the country comparison to the world is 116.


Blance of trade 

The united kingdom exports for 2011 is 479.2 billion which increased for 2010 from 410.9 billion, the country comparison to the world 11. On the other hand the united kingdom's imports for 2011 was 639 billion which also increased from 2010 which was 563.3 billion, the country comparison to the world is 7

United Arab emirates

Unemployment rate

The population of the UAE in 2011 is 5,314,317, their is a huge percentage of non citizens in the population. The unemployment rate for this country is 12.1 percent for 2011. Male:7.9 and female:21.8 percent in 2008. The labor force is 4.111 million where as 85 percent of them expatriates.

Economic growth

The UAE economy have a annual surplus income. The government is trying to reduce are diversifying the oil percentage in the GDP by diversifying income from other industries. The GDP of the UAE for 2011 is 360.1 billion and the GDP per capita was 48,800 for 2011. 

Stable prices

The inflation rate for the united arab emirates in 2011 was 0.9 percent which was the same the year before. The country comparison to the world 10. 

Balance of trade 

The united Arab emirate exposes for 2011 was 281.6 billion which increased from the year before that from 213.5 billion. On the other hand the country's import for 2011 was 202.1 billion which also increased from 2010 from 164.6 billion.

References 

https://www.cia.gov/library/publications/the-world-factbook/geos/ae.html

https://www.cia.gov/library/publications/the-world-factbook/geos/uk.html

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