United Kingdom | Economic Forecasts | 2014-2050 Outlook


Markets Actual Q4/14 Q1/15 2020 2030 2050
Currency 1.56 1.58 1.57 1.57 1.58 1.6 [+]
Government Bond 10Y 1.86 2.38 2.47 2.64 2.89 2.27 [+]
Stock Market 6545.27 6600 6558 6170 5610 4842 [+]
GDP Actual Q4/14 Q1/15 2020 2030 2050
GDP 2522.26 2527 2567 2588 2588 2588 [+]
GDP Growth Rate 0.70 0.9 0.75 0.8 0.8 0.8 [+]
GDP Annual Growth Rate 3.00 1.35 3.64 3.36 3.22 3.23 [+]
GDP Constant Prices 428349.00 431043 433233 443963 444121 444121 [+]
Gross National Product 438278.00 457698 468381 493443 493890 493890 [+]
GDP per capita 37955.11 38268 38328 38832 38884 38885 [+]
Gross Fixed Capital Formation 73242.00 73586 73606 73565 73565 73565 [+]
GDP per capita PPP 35013.27 35293 35345 35727 35754 35754 [+]
Labour Actual Q4/14 Q1/15 2020 2030 2050
Unemployment Rate 6.00 5.65 5.3 5.28 7.25 4.86 [+]
Employed Persons 29655.00 29707 29758 30025 30033 30033 [+]
Claimant Count Change -26.90 -24.62 -24.02 -25.02 -25.3 -25.3 [+]
Unemployed Persons 900.10 880 823 580 578 578 [+]
Job Vacancies 687.00 723 748 617 697 663 [+]
Long Term Unemployment Rate 2.30 2.26 2.23 1.5 1.5 2.92 [+]
Youth Unemployment Rate 15.60 14 13.11 18.1 14.32 14.74 [+]
Productivity 100.40 100 100 100 100 100 [+]
Wages 481.00 480 478 489 490 491 [+]
Wages in Manufacturing 566.00 568 570 585 585 585 [+]
Labour Costs 103.10 102 101 101 101 101 [+]
Population 63.90 63.93 64.39 66.51 69.68 74.42 [+]
Retirement Age Women 62.00 62.28 62.36 65 66 65 [+]
Retirement Age Men 65.00 65 65 66 66 65 [+]
Minimum Wages 6.50 1181 1191 1300 1400 1298 [+]
Prices Actual Q4/14 Q1/15 2020 2030 2050
Inflation Rate 1.00 1.17 1.19 2.38 2 1.32 [+]
Inflation Rate Mom -0.30 0.24 -0.01 0.2 0.2 0.04 [+]
Consumer Price Index CPI 128.20 128 128 129 129 129 [+]
Core Inflation Rate 1.20 1.81 1.82 2 2 1.48 [+]
Harmonised Consumer Prices 128.53 128 128 127 127 127 [+]
Core Consumer Prices 124.02 124 124 126 126 126 [+]
GDP Deflator 106.18 106 107 115 116 116 [+]
Producer Prices Change -0.30 -0.43 -0.57 0.23 0.5 0.75 [+]
Export Prices 94.80 98.87 100 97 93 92.87 [+]
Import Prices 95.70 101 102 95 90 83.69 [+]
Food Inflation -1.70 -1.14 -1.14 2 2 -1.7 [+]
Money Actual Q4/14 Q1/15 2020 2030 2050
Interest Rate 0.50 0.5 0.5 2 2 6.95 [+]
Interbank Rate 0.53 0.6 0.6 2.5 2.5 6.97 [+]
Money Supply M0 69903.00 70130 70923 88279 117088 169853 [+]
Money Supply M1 1346271.00 1350764 1356149 1366029 1366029 1366029 [+]
Money Supply M2 1485783.00 1497822 1515545 1718266 1772397 1776701 [+]
Money Supply M3 2349597.00 2347112 2346535 2310259 2287884 2280806 [+]
Central Bank Balance Sheet 405132.00 404000 402000 300000 100000 405645 [+]
Foreign Exchange Reserves 111156.71 111518 111217 121362 123855 124062 [+]
Loans to Private Sector 2177308.00 2078535 2057310 2200000 2400000 2182765 [+]
Banks Balance Sheet 3343706.00 3351347 3357474 3356680 3356680 3356680 [+]
Trade Actual Q4/14 Q1/15 2020 2030 2050
Balance of Trade -2024.00 -2261 -2072 -2312 -2331 -2331 [+]
Exports 41986.00 41299 40904 41400 41408 41408 [+]
Imports 44010.00 43560 42975 43711 43739 43739 [+]
Current Account -23096.00 -25528 -24819 -24036 -24055 -24055 [+]
Current Account to GDP -4.40 -4.73 -4.77 -4.87 -4.87 -4.87 [+]
External Debt -331702.00 -314272 -315154 -317862 -317862 -317862 [+]
Terms of Trade 99.10 98.08 98.51 1.02 1.03 99.71 [+]
Foreign Direct Investment 13483.00 9645 9582 9325 9325 9325 [+]
Gold Reserves 310.25 310 310 310 310 310 [+]
Crude Oil Production 451.00 820 796 811 860 853 [+]
Government Actual Q4/14 Q1/15 2020 2030 2050
Government Budget -5.80 -4.5 -5.57 -5.44 -5.43 -5.43 [+]
Government Debt to GDP 90.60 93 96 90 90 97.24 [+]
Government Budget Value -2592.00 14374 16361 12873 12877 12877 [+]
Government Spending 88956.00 89102 89039 88967 88967 88967 [+]
Government Spending to GDP 46.90 46.02 45.87 44.96 44.93 44.93 [+]
Credit Rating 97.96 [+]
Government Debt -13410.00 -12034 -13257 -12605 -12605 -12605 [+]
Business Actual Q4/14 Q1/15 2020 2030 2050
Business Confidence 8.00 22.8 21.99 10 15 12.79 [+]
Manufacturing PMI 53.50 53.92 54.89 54.5 54.5 54.5 [+]
Services PMI 58.60 56.08 58 56.35 56.33 56.33 [+]
Industrial Production 1.10 1.4 1.14 1.43 1.42 1.42 [+]
Industrial Production Mom -0.10 0.03 0.03 0.03 0.03 0.03 [+]
Manufacturing Production 1.70 3.3 3.26 3.02 3.03 3.03 [+]
Capacity Utilization 82.00 82 82 80 80 82.88 [+]
New Orders 12581.00 12136 12055 12202 12202 12202 [+]
Changes in Inventories 4484.00 3660 3540 3489 3487 3487 [+]
Bankruptcies 3368.00 3286 3209 3276 3269 3269 [+]
Corporate Profits 103179.00 105020 105565 105764 105764 105764 [+]
Zew Economic Sentiment Index 12.60 8.84 9.33 15 15 7.3 [+]
Car Registrations 172327.00 315185 166945 200000 200000 139285 [+]
Consumer Actual Q4/14 Q1/15 2020 2030 2050
Consumer Confidence -4.00 -2.36 -4.32 -6.7 -7.31 -7.33 [+]
Retail Sales MoM 1.60 0.43 0.75 0.5 0.5 0.5 [+]
Retail Sales YoY 6.40 4.75 4.8 4.59 4.6 4.6 [+]
Consumer Spending 273915.00 275532 277047 285517 285763 285764 [+]
Disposable Personal Income 274988.00 282131 283305 283599 283599 283599 [+]
Personal Savings 6.70 4 4.68 6 6 6.53 [+]
Bank Lending Rate 1.50 1.61 1.61 3 3 1.45 [+]
Consumer Credit 222533.00 226218 227313 246156 261321 268812 [+]
Housing Actual Q4/14 Q1/15 2020 2030 2050
Housing Index 605.00 619 631 760 1060 613 [+]
Housing Starts 35260.00 35307 32918 34732 34674 34675 [+]
Construction Output 2.40 0.24 1.83 0.02 0.02 0.02 [+]
Mortgage Approvals 59.40 60.96 58.99 62.06 62.32 62.34 [+]
Taxes Actual Q4/14 Q1/15 2020 2030 2050
Corporate Tax Rate 21.00 19.83 19.45 15.72 15.08 15.06 [+]
Personal Income Tax Rate 45.00 45 45 45 45 45 [+]
Sales Tax Rate 20.00 20 20 17 17 20 [+]
Social Security Rate 25.80 25.81 25.81 25.81 25.82 25.82 [+]
Social Security Rate For Companies 13.80 13.8 13.8 13.81 13.81 13.81 [+]
Social Security Rate For Employees 12.00 12.01 12.01 12.01 12.01 12.01 [+]
Trade Actual Q4/14 Q1/15 2020 2030 2050
Arrivals Eu 19611.27 16934 19304 17178 16959 16934 [+]
Dispatches Eu 13006.71 11289 13170 11377 11378 11378 [+]





This page includes economic forecasts for the United Kingdom. 12/22/2014