Economy
Buckinghamshire has a modern service-based economy and is part of the Berkshire, Buckinghamshire and Oxfordshire NUTS-2 region, which was the seventh richest subregion in the European Union in 2002. As well as the highest GDP per capita outside Inner London, Buckinghamshire has the highest quality of life, the highest life expectancy and the best education results in the country. The southern part of the county is a prosperous section of the London commuter belt. The county has fertile agricultural lands, with many landed estates, especially those of the Rothschild banking family of England in the 19th century (see Rothschild properties in England). Manufacturing industries include furniture-making (traditionally centred at High Wycombe), pharmaceuticals and agricultural processing.
This is a chart of trend of regional gross value added of Buckinghamshire at current basic prices published by the Office for National Statistics with figures in millions of British Pounds sterling (except GVA index).
Year | Regional Gross Value Added | Agriculture | Industry | Services | GVA index per person |
---|---|---|---|---|---|
1995 | 6,008 | 60 | 1,746 | 4,201 | 118 |
2000 | 8,389 | 45 | 1,863 | 6,481 | 125 |
2003 | 9,171 | 50 | 1,793 | 7,328 | 118 |
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Famous quotes containing the word economy:
“The counting-room maxims liberally expounded are laws of the Universe. The merchants economy is a coarse symbol of the souls economy. It is, to spend for power, and not for pleasure.”
—Ralph Waldo Emerson (18031882)
“Even the poor student studies and is taught only political economy, while that economy of living which is synonymous with philosophy is not even sincerely professed in our colleges. The consequence is, that while he is reading Adam Smith, Ricardo, and Say, he runs his father in debt irretrievably.”
—Henry David Thoreau (18171862)
“It enhances our sense of the grand security and serenity of nature to observe the still undisturbed economy and content of the fishes of this century, their happiness a regular fruit of the summer.”
—Henry David Thoreau (18171862)