{"id":6136,"date":"2022-01-02T23:49:30","date_gmt":"2022-01-02T23:49:30","guid":{"rendered":"https:\/\/davelevy.info\/wiki\/?p=6136"},"modified":"2022-01-07T09:18:54","modified_gmt":"2022-01-07T09:18:54","slug":"the-uk-economy","status":"publish","type":"post","link":"https:\/\/davelevy.info\/wiki\/the-uk-economy\/","title":{"rendered":"The UK Economy"},"content":{"rendered":"

What’s the economy look like today, or last march?<\/p>\n

    \n
  1. BoE on QE<\/a>\u00a0\u00a3895bn<\/li>\n
  2. Commons on Tax<\/a>\u00a0\u00a3800 bn<\/li>\n
  3. Annual Report and Accounts 2020-21<\/a>\u00a0by HM Treasury<\/li>\n
  4. What does the government spend money on?<\/a>\u00a0by IFS \u00a3890bn<\/li>\n
  5. GDP<\/a>\u00a0from trading economics $2,708.bn = \u00a31,947 bn<\/li>\n
  6. The World Bank on Balance of Trade<\/a>, varies from -\u00a335bn to +\u00a35bn in 2020, last year, but this will include services and agriculture and it’s net, but here’s the exports<\/a> table\/chart.<\/li>\n<\/ol>\n

    \"\"<\/a><\/p>\n

    I make this about 41% of GDP. There are problems with dates and time period sync. and FX conversions. The QE number is ~ 45% of GDP.<\/p>\n

      \n
    1. Manufacturing as a proportion of GDP<\/a>, from the world bank, fallen from ~16.5% in 1990, to ~8\u00bd% in 2020, here’s Germany<\/a> and the US<\/a>, both of which also show big declines. Where’s the world’s R&D? Under UK SIC<\/a> classification, it would be in manufacturing and maybe public administration (for health and universities).<\/li>\n
    2. Here’s the ONS manufacturing stats<\/a> page.<\/li>\n<\/ol>\n","protected":false},"excerpt":{"rendered":"

      What’s the economy look like today, or last march?<\/p>\n","protected":false},"author":1,"featured_media":4784,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":"","_share_on_mastodon":"0"},"categories":[140],"tags":[138,141],"class_list":["post-6136","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-politics","tag-economics-2","tag-politics-2"],"share_on_mastodon":{"url":"","error":""},"jetpack_featured_media_url":"https:\/\/davelevy.info\/wiki\/wp-content\/uploads\/2020\/02\/capmarkts-edelweiss-w650.png","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/davelevy.info\/wiki\/wp-json\/wp\/v2\/posts\/6136","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/davelevy.info\/wiki\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/davelevy.info\/wiki\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/davelevy.info\/wiki\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/davelevy.info\/wiki\/wp-json\/wp\/v2\/comments?post=6136"}],"version-history":[{"count":1,"href":"https:\/\/davelevy.info\/wiki\/wp-json\/wp\/v2\/posts\/6136\/revisions"}],"predecessor-version":[{"id":6146,"href":"https:\/\/davelevy.info\/wiki\/wp-json\/wp\/v2\/posts\/6136\/revisions\/6146"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/davelevy.info\/wiki\/wp-json\/wp\/v2\/media\/4784"}],"wp:attachment":[{"href":"https:\/\/davelevy.info\/wiki\/wp-json\/wp\/v2\/media?parent=6136"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/davelevy.info\/wiki\/wp-json\/wp\/v2\/categories?post=6136"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/davelevy.info\/wiki\/wp-json\/wp\/v2\/tags?post=6136"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}