coal, natural gas, and oil resources, but its oil and natural gas reserves are declining; the UK has been a net importer of energy since 2005. Manufacturing, meanwhile, has declined in importance but still accounts for about 10 of economic output. Total dependency ratio:.5 youth dependency ratio:.4 elderly dependency ratio:.2 potential support ratio:.5 (2015 est.) total:.5 years male:.3 years female:.7 years (2017 est.) country comparison to the world:.52 (2017 est.) country comparison to the world: 154.1. The shape of the population pyramid gradually evolves over time based on fertility, mortality, and international migration trends.
In 2008, the global financial crisis hit the economy particularly hard, due to the importance of its financial sector. United Kingdom 65,648,100 constituent countries: England 55,268,100, scotland 5,404,700, wales 3,113,200, northern Ireland 1,862,100 (2016 est.) country comparison to the world: 22 noun: Briton(s British (collective plural) adjective: British white.2, black/African/Caribbean/black British 3, Asian/Asian British: Indian.3, Asian/Asian British: Pakistani.9, mixed 2, other. A sustained depreciation of the British pound has increased consumer and producer prices, weighing on consumer spending without spurring a meaningful increase in exports. However, economists doubt that the UK will be able to preserve the benefits of EU membership without the obligations.
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Christian (includes Anglican, Roman Catholic, Presbyterian, Methodist).5, Muslim.4, Hindu.3, other 2, unspecified.2, none.7 (2011 est.) 0-14 years:.53 (male 5,819,363/female 5,532,123) 15-24 years:.9 (male 3,938,643/female 3,770,511) 25-54 years:.55 (male 13,387,903/female 12,873,090) 55-64 years:.98 (male 3,843,268/female 3,918,244). For additional information, please see the entry for Population pyramid on the Definitions and Notes page under the References tab. However, the deficit still remains one of the highest in the G7, standing.6 of GDP as of 2017, and the UK has pledged to lower its corporation tax from 20 to 17 by 2020. Prime Minister MAY is seeking a new deep and special trade relationship with the EU following the UKs exit. Facing burgeoning public deficits and debt levels, in 2010 the then cameron-led coalition government (between Conservatives and Liberal Democrats) initiated an austerity program, which has continued under the Conservative government.
The UK is expected to officially leave the EU by the end of March 2019. The UK economy has begun to slow since the referendum vote to leave the EU in June 2016. Helens, Stockport, Sunderland, Tameside, Trafford, Wakefield, Walsall, Wigan, Wirral, Wolverhampton unitary authorities: Bath and North East Somerset, Blackburn with Darwen, Bedford, Blackpool, Bournemouth, Bracknell Forest, Brighton and Hove, City of Bristol, Central Bedfordshire, Cheshire East, Cheshire West and Chester, Cornwall, Darlington, Derby, Durham County East. The UK has an extensive trade relationship with other EU members through its single market membership, and economic observers have warned the exit will jeopardize its position as the central location for European financial services.
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