page_title: Economy of the United Kingdom
section_title: Education, health and social work
hierarchical_section_title: Economy of the United Kingdom / Sectors / Exports / Education, health and social work
caption_attribution_description: English: Queen Elizabeth Hospital Birmingham, Edgbaston, Birmingham, England.
context_page_description: The economy of the United Kingdom is a highly developed social market and market-orientated economy. It is the sixth-largest national economy in the world measured by nominal gross domestic product, ninth-largest by purchasing power parity, and twenty second-largest by GDP per capita, comprising 3.3% of world GDP.
  In 2016, the UK was the tenth-largest goods exporter in the world and the fifth-largest goods importer. It also had the second-largest inward foreign direct investment, and the third-largest outward foreign direct investment. The UK is one of the most globalised economies, and it is composed of England, Scotland, Wales and Northern Ireland.
  With more than 52% of its imports and its exports, the European Union, including its 27 members states, remains in 2020 one notable trade partner from the UK.
  The service sector dominates, contributing around 80% of GDP; the financial services industry is particularly important, and London is the second-largest financial centre in the world. Edinburgh is ranked 17th in the world, and 6th in Europe for its financial services industry in 2020. Britain's aerospace industry is the second-largest national aerospace industry.
context_section_description: According to The Blue Book 2013 the education sector added gross value of £84,556 million in 2011 whilst human health and social work activities added £104,026 million in 2011.
  In the UK the majority of the healthcare sector consists of the state funded and operated National Health Service (NHS), which accounts for over 80% of all healthcare spending in the UK and has a workforce of around 1.7 million, making it the largest employer in Europe, and putting it amongst the largest employers in the world. The NHS operates independently in each of the four constituent countries of the UK. The NHS in England is by far the largest of the four parts and had a turnover of £92.5 billion in 2008.
  In 2007/08 higher education institutions in the UK had a total income of £23 billion and employed a total of 169,995 staff. In 2007/08 there were 2,306,000 higher education students in the UK (1,922,180 in England, 210,180 in Scotland, 125,540 in Wales and 48,200 in Northern Ireland).
caption: The Queen Elizabeth Hospital Birmingham, a major NHS hospital
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