Economic Outlay of the United Kingdom

However, the British economy continues to struggle to emerge from the economic slowdown, with the prospects for swift growth complicated by the on-going European sovereign debt crisis, and significant structural reforms are still needed. Restoring the soundness of public finances remains especially critical and will require a sustained commitment to real downsizing of government spending. The overall stability of the financial system has been restored. The banking sector, although under strain, remains competitive.

United Kingdom’s Economic outlay 

This chart is made for students to understand the GDP consumption of sector so that they can see which fields the economy supports. For instance let’s say a student is interested in working in the services sector , he or she would have to see if the economy is developed or making improvements in that very specific area.

However this chart shows the percentage of the GDP consumption from the services sector which is the highest considering its 80% and then comes the manufacturing sector which has changed a lot due to the long run total employment in the UK for the manufacturing sector has fallen from 21 per cent to around 10 per cent now.