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Does the UK have a good economy?

14 Jul 2022 By PAYCEC

The United Kingdom ranks as the 24th most free economy in the 2022 Index with a score of 72.7. The United Kingdom is placed 17th out of 45 nations in the Europe region, and its overall score is higher than both the average for the region and the entire world.

Omicron's limitations caused the UK economy to contract in December, although overall the country's economy recovered last year with a growth of 7.5%, according to official data. Since 1941, it was the quickest rate of growth.

Disclaimer: The above information is from our research and opinion, you should read it for reference, and do not take it as an official source.

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