chusetts Avenue NW, Washington, DC 20008
telephone : [1] (202) 588-6500
FAX: [1] (202) 588-7870
consulate(s) general: Atlanta, Boston, Chicago, Cleveland, Houston,
Los Angeles, New York, and San Francisco
consulate(s): Dallas, Miami, and Seattle
Diplomatic representation from the US:
chief of mission: Ambassador William J. CROWE, Jr.
embassy: 24/31 Grosvenor Square, London, W. 1A1AE
mailing address: PSC 801, Box 40, London; FPO AE 09498-4040
telephone: [44] (71) 499-9000
FAX : [44] (71) 409-1637
consulate(s) general: Belfast, Edinburgh
Flag description: blue with the red cross of Saint George (patron
saint of England) edged in white superimposed on the diagonal red
cross of Saint Patrick (patron saint of Ireland) which is superimposed
on the diagonal white cross of Saint Andrew (patron saint of
Scotland); known as the Union Flag or Union Jack; the design and
colors (especially the Blue Ensign) have been the basis for a number
of other flags including dependencies, Commonwealth countries, and
others
Economy
Economy - overview: The UK is one of the world's great trading powers
and financial centers, and its essentially capitalistic economy ranks
among the four largest in Western Europe. Over the past 17 years the
ruling Tories have greatly reduced public ownership and contained the
growth of social welfare programs. Agriculture is intensive, highly
mechanized, and efficient by European standards, producing about 60%
of food needs with only about 1% of the labor force. The UK has large
coal, natural gas, and oil reserves; primary energy production
accounts for 12% of GDP, one of the highest shares of any industrial
nation. Services, particularly banking, insurance, and business
services, account by far for the largest proportion of GDP while
industry continues to decline in importance, now employing only 25% of
the work force. The economy registered 3.9% GDP growth in 1994, the
best rate for six years, but slipped back to 2.7% in 1995 and 2.4% in
1996. Exports and manufacturing output have been the primary engines
of growth. Unemployment is gradually falling. Inflation is a
comfortable 2.6%. A major economic policy question for the UK in the
late 1990s is the terms on which it participates in the financial and
economic integration of Europe.
GDP: purchasing power parity - $1.19 trillion (1996 est.)
GDP - real growth rate: 2.4% (1996 est.)
GDP - per capita: purchasing power parity - $20,400 (1996 est.)
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