United kingdom-compared-to-oecd-economies

www.oecd.org/eco/surveys/economic-survey-united-kingdom.htm

2015 OECD ECONOMIC SURVEY OF UNITED KINGDOM

CHARTBOOK: BASIC STATISTICS This chartbook compares the United Kingdom to other OECD countries

OECD OECD Economics

INCOME: United Kingdom’s GDP 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

POPULATION DEMOGRAPHICS: United Kingdom 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

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

HEALTH CARE: United Kingdom’s health care spending is around the OECD average

United Kingdom (2012) • 9.3% of GDP

OECD average (2012) • 9.2% of GDP

5

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

EDUCATION: United Kingdom spends more on education than most OECD countries (as % of GDP)

United Kingdom • 4.7% of GDP

OECD average • 3.9% of GDP

7

EDUCATION: The PISA scores 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

R&D: United Kingdom spends 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

PENSIONS: United Kingdom spends 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

DEBT: United Kingdom’s general 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

HOURS WORKED: Those holding 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

EMPLOYMENT: United Kingdom’s employment 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

UNEMPLOYMENT: Unemployment rate in the United Kingdom is close to the OECD average

United Kingdom (2013) • 7.5%

OECD average (2013) • 7.8%

14

YOUTH UNEMPLOYMENT: United Kingdom has a higher youth unemployment rate than the OECD average

United Kingdom (2013) • 20.7%

OECD average (2013) • 16.1%

15

ENVIRONMENT: United Kingdom’s CO2 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

INEQUALITY: United Kingdom has higher income inequality than the OECD average (as measured by the Gini index)

United Kingdom (2011) • 0.34

OECD average (2010) • 0.31

17

List of country abbreviations

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

More Information…

www.oecd.org/eco/surveys/economic-survey-united-kingdom.htm

OECD OECD Economics

Disclaimers: The statistical 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.

19 19