Data underlying comparisons of UK productivity against that of the remaining G7 countries.

This release includes annual estimates of low carbon and renewable energy economy activity in the UK and constituent countries: turnover, employment, exports, imports, acquisitions, disposals and number of businesses.

Provides estimates of contributions to labour productivity, measured as output per hour (OPH), using the "Generalised Exactly Additive Decomposition" (GEAD) methodology as described in Tang and Wang (2004), UK.

Movements in the volume of production for the UK production industries: manufacturing, mining and quarrying, energy supply, and water and waste management. Figures are seasonally adjusted.

Economics: National Ocean Watch (ENOW) contains annual time-series data for about 400 coastal counties, 30 coastal states, and the nation, derived from the Bureau of Labor Statistics and the Bureau of Economic Analysis. It describes 23 industries in six economic sectors that depend on the oceans and Great Lakes and measures four economic indicators: Establishments, Employment, Wages, and Gross...

International Panel Data Analysis of the Effect of Digitalization on Economic Growth

Description

The effect of digitalization on economic growth is examined with reference to a cobb-Douglas production function. So, the dependent variable is the economic growth measured by the Gross Domestic Product per capita measured at 2015 constant US dollars. To reproduce the digitalization, we consider four indicators which are : 1. Number of fixe subscriptions (per 100 people) 2. Number of mobile cellular subscriptions (per 100 people) 3. Number of broadband subscriptions (per 100 people) 4. Number of individuals using the internet (%of population) 5. Digitalization level as obtained by applying a PCA Moreover, we include several macro-economic variables as control variables which affect the relationship between Digitalization and economic growth: 6. Investment measured by gross fixed capital formation (as percentage of GDP). 7. Trade openness which is a country’s trade volume used as a proxy for the degree of openness of a country’s economy (as percentage of GDP) and which is measured as the sum of imports and exports. 8. Labor force which is the total of labor force participation rate. 9. Inflation is measured by the consumer price index (%). 10. Population 11. Consumption is the government consumption expenditure for goods and services (as a percentage of GDP).

Categories

Finance, Economic Growth, Information and Communication Technologies, Emerging Country, Developing Countries

Acknowledgements & Source

Abderrazek ELKHALDI,Nadia Sghaier,Monia Chikhaoui

Data Source: https://data.mendeley.com/datasets/ctm7vvpp7n/1

Annual and quarterly gross domestic product per head data on a constant price basis..

The gross domestic product of the United Kingdom in 2024 was around 2.78 trillion British pounds, an increase when compared to the previous year, when UK GDP amounted to about 2.75 trillion pounds. The significant drop in GDP visible in 2020 was due to the COVID-19 pandemic, with the smaller declines in 2008 and 2009 because of the global financial crisis of the late 2000s. Low growth problem in the UK Despite growing by 0.9 percent in 2024, and 0.4 percent in 2023 the UK economy is not that much larger than it was before the COVID-19 pandemic. Since recovering from a huge fall in GDP in the second quarter of 2020, the UK economy has alternated between periods of contraction and low growth, with the UK even in a recession at the end of 2023. While economic growth picked up somewhat in 2024, GDP per capita is lower than it was in 2022, following two years of negative growth. UK's global share of GDP falling As of 2024, the UK had the sixth-largest economy in the world, behind the United States, China, Japan, Germany, and India. Among European nations, this meant that the UK currently has the second-largest economy in Europe, although the economy of France, Europe's third-largest economy, is of a similar size. The UK's global economic ranking will likely fall in the coming years, however, with the UK's share of global GDP expected to fall from 2.16 percent in 2025 to 2.02 percent by 2029.  

The U.S. Census Bureau.s economic indicator surveys provide monthly and quarterly data that are timely, reliable, and offer comprehensive measures of the U.S. economy. These surveys produce a variety of statistics covering construction, housing, international trade, retail trade, wholesale trade, services and manufacturing. The survey data provide measures of economic activity that allow analysis of economic performance and inform business investment and policy decisions. Other data included, which are not considered principal economic indicators, are the Quarterly Summary of State & Local Taxes, Quarterly Survey of Public Pensions, and the Manufactured Homes Survey. For information on the reliability and use of the data, including important notes on estimation and sampling variance, seasonal adjustment, measures of sampling variability, and other information pertinent to the economic indicators, visit the individual programs' webpages - http://www.census.gov/cgi-bin/briefroom/BriefRm.

Cyprus CY: Claims on Other Sectors of The Domestic Economy: % of GDP data was reported at 151.581 % in 2018. This records a decrease from the previous number of 220.071 % for 2017. Cyprus CY: Claims on Other Sectors of The Domestic Economy: % of GDP data is updated yearly, averaging 247.566 % from Dec 2005 (Median) to 2018, with 14 observations. The data reached an all-time high of 288.346 % in 2015 and a record low of 151.581 % in 2018. Cyprus CY: Claims on Other Sectors of The Domestic Economy: % of GDP data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Cyprus – Table CY.World Bank.WDI: Bank Loans. Claims on other sectors of the domestic economy (IFS line 52S or 32S) include gross credit from the financial system to households, nonprofit institutions serving households, nonfinancial corporations, state and local governments, and social security funds.;International Monetary Fund, International Financial Statistics and data files, and World Bank and OECD GDP estimates.;Weighted average;

Sweden SE: Claims on Other Sectors of The Domestic Economy: % of GDP data was reported at 161.822 % in 2017. This records an increase from the previous number of 153.281 % for 2016. Sweden SE: Claims on Other Sectors of The Domestic Economy: % of GDP data is updated yearly, averaging 145.001 % from Dec 2001 (Median) to 2017, with 17 observations. The data reached an all-time high of 161.822 % in 2017 and a record low of 100.994 % in 2001. Sweden SE: Claims on Other Sectors of The Domestic Economy: % of GDP data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Sweden – Table SE.World Bank.WDI: Bank Loans. Claims on other sectors of the domestic economy (IFS line 52S or 32S) include gross credit from the financial system to households, nonprofit institutions serving households, nonfinancial corporations, state and local governments, and social security funds.; ; International Monetary Fund, International Financial Statistics and data files, and World Bank and OECD GDP estimates.; Weighted average;

According to preliminary figures, the growth of real gross domestic product (GDP) in China amounted to 5.0 percent in 2024. For 2025, the IMF expects a GDP growth rate of around 4.8 percent. Real GDP growth The current gross domestic product is an important indicator of the economic strength of a country. It refers to the total market value of all goods and services that are produced within a country per year. When analyzing year-on-year changes, the current GDP is adjusted for inflation, thus making it constant. Real GDP growth is regarded as a key indicator for economic growth as it incorporates constant GDP figures. As of 2024, China was among the leading countries with the largest gross domestic product worldwide, second only to the United States which had a GDP volume of almost 29.2 trillion U.S. dollars. The Chinese GDP has shown remarkable growth over the past years. Upon closer examination of the distribution of GDP across economic sectors, a gradual shift from an economy heavily based on industrial production towards an economy focused on services becomes visible, with the service industry outpacing the manufacturing sector in terms of GDP contribution. Key indicator balance of trade Another important indicator for economic assessment is the balance of trade, which measures the relationship between imports and exports of a nation. As an economy heavily reliant on manufacturing and industrial production, China has reached a trade surplus over the last decade, with a total trade balance of around 992 billion U.S. dollars in 2024.

Quarterly estimates of total trade, trade in goods, and trade in services by country, seasonally adjusted.

United Kingdom UK: GDP: Net Taxes on Product data was reported at 220,905.000 GBP mn in 2017. This records an increase from the previous number of 213,485.000 GBP mn for 2016. United Kingdom UK: GDP: Net Taxes on Product data is updated yearly, averaging 69,783.500 GBP mn from Dec 1970 (Median) to 2017, with 48 observations. The data reached an all-time high of 220,905.000 GBP mn in 2017 and a record low of 4,678.178 GBP mn in 1970. United Kingdom UK: GDP: Net Taxes on Product data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s UK – Table UK.World Bank: Gross Domestic Product: Nominal. Net taxes on products (net indirect taxes) are the sum of product taxes less subsidies. Product taxes are those taxes payable by producers that relate to the production, sale, purchase or use of the goods and services. Subsidies are grants on the current account made by general government to private enterprises and unincorporated public enterprises. The grants may take the form of payments to ensure a guaranteed price or to enable maintenance of prices of goods and services below costs of production, and other forms of assistance to producers. Data are in current local currency.; ; World Bank national accounts data, and OECD National Accounts data files.; ;

The Economic Indicator Service (EIS) aims to deliver economic content to financial institutions on both buy and sell-side and service providers. This new service currently covers 34,351 recurring macro-economic indicators from 135 countries ( as of December 16, 2019 ) such as GDP data, unemployment releases, PMI numbers etc.

Economic Indicator Service gathers the major economic events from a variety of regions and countries around the globe and provides an Economic Events Data feed and Economic Calendar service to our clients. This service includes all previous historic data on economic indicators that are currently available on the database.

Depending on availability, information regarding economic indicators, including the details of the issuing agency as well as historical data series can be made accessible for the client. Key information about EIS: • Cloud-based service for Live Calendar – delivered via HTML/JavaScript application formats, which can then be embedded onto any website using iFrames • Alternatives methods available – such as API and JSON feed for the economic calendar that can be integrated into the company’s system • Live data – updated 24/5, immediately after the data has been released • Historical data – includes a feed of all previous economic indicators available We are currently adding additional indicators/countries from Africa as well as expanding our coverage of Indicators in G20. The calendar includes the following. • Recurring & Non-recurring indicators covering 136 countries across 21 regions. • Indicators showing high, medium, and low impact data. • Indicators showing actual, previous, and forecast data. • Indicators can be filtered across 16 subtypes. • News generation for selected high-impact data. • Indicator description and historical data up to the latest eight historical points with a chart.

In 2025, Israel was given a score of **** on the Economic Freedom Index published by The Heritage Foundation. This positions the country's economy as the top 26th most liberal in the world, just below the United States. The world average economic freedom score in 2021 was ****.