Talk:Economy of England/Archive 1

Creation
This is quick brain-dump of what I could think of in about 15 minutes. No, it's not perfect, but I could have said a lot less kind things about the land across the pond whence my ancestors came. So I decided just to touch on some of the points that needed saying, & leave the details to the sizeable British Wikipedia contigent to argue over -- & avoid the charge of American-centerism. I'll be surprised if more than half a dozen words of my original contribution survives 6 months. Have fun! -- llywrch 02:45, 28 May 2004 (UTC)

An OKish article ill probbably expand it, do you think it would be ok to include Englands cheesey economic history as a part of the article? --Paladine 18:00, 16 May 2005 (UTC)


 * Yeah, if the article gets too large it can always be moved to a seperate Economic history of England article Grunners 17:25, 17 May 2005 (UTC)

Redirect
Removed the redirect to Economy of the United Kingdom. England and the United Kingdom are not the same thing, and this seems to be another example of lazy redirecting rather than creating an article. Grunners 20:23, 11 May 2005 (UTC)

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GDP per capita by regions
There are no regions in Ireland, France or the UK where GDP per capita is less than E20,000. How does this show that "the level of social equality is much greater in France than in the UK"? There is no basis for that conclusion! There are some smaller, sub-regional, areas with lower GDP - but the same is true for France and Ireland.Royalcourtier (talk) 05:19, 20 May 2016 (UTC)

The NUTS data is easily misinterpreted if it isn't properly understood. The figures for "GDP per capita" are primarily derived from a combination of individual and corporate tax returns, and therefore tend to overstate the per-capita GDP of locations in which businesses are headquartered and from which public sector (i.e. PAYE) employees are paid. These factors might be evened out in a large or decentralized country, but in a small and heavily centralized country such as the UK the distortion is huge. Thus London and (to a lesser extent) Edinburgh appear to make a greater economic contribution than is actually the case; by contrast, rural and residential areas and areas whose industries are headquartered elsewhere, appear to be less economically active than they really are. — Preceding unsigned comment added by 94.199.236.89 (talk) 20:07, 23 June 2016 (UTC)

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GDP of England vs UK, GB, Scotland, Wales and NI
There is comparatively little information on the GDP of England, as opposed to the UK or the economies of other constituent parts of the UK such as Scotland, Wales, NI or the island of GB. In the current political context of Brexit, potential Scottish independence (and even some growing support for English independence), it's important to get these figures right: I came here for clarity.

This page listed the GDP of England as '$2.828640* trillion (2018)', with no attribution given. This most closely matches the '$2,828,644 million (nominal)' figure for GDP given by the World Bank at https://en.wikipedia.org/wiki/List_of_countries_by_GDP_(nominal). While I can find figures for Scotland ($0.237618tn; https://en.wikipedia.org/wiki/Economy_of_Scotland; ScotGov; 2018), Wales ($0.061tn; https://en.wikipedia.org/wiki/Economy_of_Wales; Cardiff University; 2015) and NI ($0.048998245tn; https://en.wikipedia.org/wiki/Economy_of_Northern_Ireland; EuroStat; 2016), I can't find a corresponding one. However naive arithmetic by subtraction suggests the English GDP should be **approximately** $2.49tn. This would make England approximately the 7th largest economy in the world taken alone (just behind India, and ahead of Italy) as opposed to the 5th (Germany/France, respectively) by the usual ranking criteria. Scotland, for comparison, would be about 42nd, just behind Finland.

I'm aware you can't really treat GDP as subtractable in this way so if anyone has seen newer or more rigorous figures, please update them! Comrade jo (talk) 07:30, 14 June 2019 (UTC)

\*And: six significant figures?! Eugh..