Prosperity is magnetic

The population of the United Kingdom is 64.1 million and the employment rate is 52 percent. Economic growth was 2.8 percent in 2014 and 2.2 percent in 2015. Per capita GDP is USD 41,200 in the UK and the country attracts migrant workers like a magnet from both inside and outside the European Union. The country’s foreign trade surplus is USD 108 billion, the level of inflation was 0.1 percent, while the unemployment rate was 5.4 percent in 2015.

This prosperity also attracts foreign working capital to a great extent. 71 percent of land is used for agricultural production and British agriculture is dominated by livestock farming. However, agriculture’s contribution to the country’s GDP is a mere 0.6 percent (in Hungary it is 4.4 percent and the EU’s average is 2.1 percent).