UK – small country, big hitter

30th October 2019 / NewsBits
  • The UK has the world’s 5th largest GDP despite being the 80th largest country (the UK is 80th largest in land area – it’s roughly the size of Michigan, USA).
  • The UK may not be known as an oil country, but crude petroleum was its 3rd biggest export in 2018 – (Petroleum exports were worth $17.8 billion in 2018, according to the Observatory for Economic Complexity at MIT. The CIA’s World Factbook lists the UK as the 21st largest producer of crude oil, with estimated production of 933,000 barrels a day)
  • The UK has the fifth highest number of billionaires despite having the 21st highest population
  • Britain’s National Health Service is the 5th biggest employer in the world

Source: Market Insider


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