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United Kingdom - Fast Facts

By: EconomyWatch Date: 30 June 2010

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The United Kingdom comes under high-income OECD economies as to the classification made by the World Bank on the basis of income and region for the year 2006.

The United Kingdom is one among the top ten largest economies over the world and second largest in Europe. The economy of the country is more stable in terms of its growth rate. Services sector plays an important role followed by the industries.

Major agricultural products in the country are cereals, oilseed, fruits, vegetables, cattle, poultry and fish. Important industries in the country are engineering, chemicals, electronics, motor vehicles, aircrafts, textiles, cloth and banking. The economy of the country largely benefited from the exports of metals.

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