UK’s Population Structure and Purchasing Power

By July 5, 2021 No Comments

England, which is one of the largest countries in the European continent and the largest of the four countries of the United Kingdom, is among the countries that are curious with its population and economy.

The population structure and purchasing power of England are wondered by many. It is a country that is researched by almost everyone, especially after leaving the European Union. It is the largest country in the United Kingdom or Great Britain. It is located in the west of Europe and its people are also called English.

United Kingdom countries are listed as England, Scotland, Northern Ireland and Wales. The largest and most developed among these countries is England. The country whose mother tongue is English is the most spoken language in the world. Great Britain has a population of approximately 66 million. A large part of this population lives in England. Approximately 57 million people live in England. The capital of the country is London. Another important city of the country is the city of Manchester, known as the capital of the north.

Traditions of the People England

England is known as a country that is very attached to its traditions. Although there is democracy and a republic in the country known as the empire where the sun never sets, the kingdom still continues and is very important for the people of the country. Apart from London and Manchester, the important cities of the country are as follows.

  • Cambridge
  • Birmingham,
  • derby
  • Ipswich
  • Liverpool
  • Nottingham
  • Northampton
  • Oxford
  • Cardiff
  • Newport
  • dustfaen
  • Belfast
  • down
  • irone

With the population structure of England, it was shaped as generally gathered in the city center. 80% of the population lives in the city center. Respect for the police and the state is very high in the country. It is one of the few countries in the world that has unarmed policing. The British police only have a wooden batons.

How is the UK Economy?

The UK economy is one of the most curious subjects. It is one of the most researched subjects especially by those who make comparisons with our country. Prior to the last century, the country largely based its economy on colonialism. However, with the independence movements, almost all colonies became independent countries. However, the country still emerges as one of the eight most developed economies in the world. Trade is among the country’s biggest economic incomes.

The UK’s gross domestic product is $2.716 trillion. The gross domestic product per capita is around 40 thousand dollars. In addition, the inflation rate is generally between 1 and 2 percent. Currency is British Pound. The most traded countries are the United States, France, Ireland, China, Germany and the Netherlands.

Buying Power in the UK

The minimum wage, which is the lowest wage in the UK, is calculated on an hourly basis, not on a monthly basis. A British worker earns the lowest wage of £8.91 per hour. According to the calculations made with the hourly average over Europe, it is the seventh country with the highest minimum wage. A minimum wage of approximately 1583 Euros is given. According to the country’s currency and Euro, this figure is approximately 390 Euros in our country.

The country draws attention with its low inflation and high purchasing power. An average shopping for basic food needs corresponds to one-thirtieth of the minimum wage in the country. The same shopping corresponds to one-fifth in our country.

6th largest in the world. Great Economy

In addition to these, England is in the top ranks in terms of purchasing power . It is among the top 5 minimum wage purchasing power among 27 countries. 6th in the world with all this. It has a large economy. Most of the people benefit from this size and are generally satisfied with the economic developments. England, which is bigger than many European countries, is also a big country economically.

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