United Kingdom | Economic Forecasts | 2015-2050 Outlook

Markets Actual Q3/15 Q4/15 Q1/16 Q2/16 2020
Currency 1.53 1.53 1.56 1.55 1.54 1.5 [+]
Stock Market 6194.10 6502 6486 6479 6475 6473 Index points [+]
Government Bond 10Y 1.90 2.2 2.3 2.3 2.4 3.64 percent [+]
GDP Actual Q3/15 Q4/15 Q1/16 Q2/16 2020
GDP 2941.89 3047 3069 3061 3053 3406 USD Billion [+]
GDP Growth Rate 0.70 0.61 0.56 0.54 0.53 0.49 percent [+]
GDP Annual Growth Rate 2.60 2.36 2.21 2.14 2.24 2.45 percent [+]
GDP Constant Prices 436026.00 438103 437323 441917 443612 533379 GBP Million [+]
Gross National Product 444819.00 448699 537357 453138 454792 585122 GBP Million [+]
GDP per capita 40967.70 41663 42106 42172 42239 42265 USD [+]
Gross Fixed Capital Formation 76799.00 76888 77289 77823 78213 84047 GBP Million [+]
GDP per capita PPP 37613.54 38397 38793 38828 38862 38833 USD [+]
GDP From Agriculture 2287.00 2262 2239 2230 2228 2247 GBP Million [+]
GDP From Construction 23874.00 23728 23563 23435 23327 23330 GBP Million [+]
GDP From Manufacturing 37085.00 37016 36956 36935 36936 36950 GBP Million [+]
GDP From Mining 7713.00 7659 7611 7720 7715 7865 GBP Million [+]
GDP From Public Administration 18383.00 18341 18308 18281 18257 18144 GBP Million [+]
GDP From Services 309893.00 311203 312808 314136 315625 339162 GBP Million [+]
GDP From Transport 16179.00 16170 16156 16155 16151 16142 GBP Million [+]
Labour Actual Q3/15 Q4/15 Q1/16 Q2/16 2020
Unemployment Rate 5.60 5.5 5.6 5.7 5.8 5.3 percent [+]
Employed Persons 29894.00 29979 30018 30056 30087 32767 Thousand [+]
Claimant Count Change -4.90 2.9 2.68 2.3 1.04 1.65 Thousand [+]
Unemployed Persons 792.40 791 761 757 746 738 Thousand [+]
Job Vacancies 735.00 741 751 753 732 768 Thousand [+]
Long Term Unemployment Rate 1.80 2 2.03 1.9 1.8 1.5 percent [+]
Youth Unemployment Rate 16.10 16.07 16.15 16.18 15.1 14.07 percent [+]
Productivity 101.10 100 103 101 102 105 Index Points [+]
Wages 488.00 490 490 490 489 536 GBP/Week [+]
Wages in Manufacturing 573.00 573 573 574 574 688 GBP/Week [+]
Labour Costs 103.80 104 105 105 105 108 Index Points [+]
Population 64.77 64.96 65.16 65.3 65.45 68.15 Million [+]
Retirement Age Women 62.33 62.33 62.33 62.33 62.33 65 [+]
Retirement Age Men 65.00 65 65 65 65 65 [+]
Full Time Employment 22764.00 22849 22899 22938 22971 23128 Thousand Persons [+]
Minimum Wages 6.50 6.5 6.5 6.5 7.2 9 GBP/Hour [+]
Part Time Employment 8270.00 8263 8263 8262 8261 8261 Thousand Persons [+]
Wage Growth 2.40 2 2.51 2.34 2.55 3.1 percent [+]
Prices Actual Q3/15 Q4/15 Q1/16 Q2/16 2020
Inflation Rate 0.10 0.2 0.5 0.6 0.8 2.38 percent [+]
Inflation Rate Mom -0.20 0.1 0.21 0.19 -0.05 0.2 percent [+]
Consumer Price Index CPI 128.00 129 129 129 130 149 Index Points [+]
Core Inflation Rate 1.20 1.15 1.25 1.1 1.32 2 percent [+]
Harmonised Consumer Prices 128.00 128 129 128 127 146 Index Points [+]
Core Consumer Prices 124.39 125 125 125 126 133 Index Points [+]
GDP Deflator 105.93 106 106 107 107 116 Index Points [+]
Producer Prices Change -1.60 -0.5 0 0.3 0.5 1.3 percent [+]
Export Prices 91.10 90.84 101 90.78 90.77 97 Index Points [+]
Import Prices 91.20 90.9 102 90.65 90.62 95 Index Points [+]
Food Inflation -2.70 -0.8 -0.2 0.2 0.5 2 percent [+]
Producer Prices 106.90 109 110 111 112 126 Index Points [+]
Money Actual Q3/15 Q4/15 Q1/16 Q2/16 2020
Interest Rate 0.50 0.5 0.5 0.75 0.75 4 percent [+]
Interbank Rate 0.57 0.55 0.55 0.8 0.8 4.5 percent [+]
Money Supply M0 72612.00 73130 73993 74823 75653 90401 GBP Million [+]
Money Supply M1 1407726.00 1419109 1425172 1429521 1432406 1438036 GBP Million [+]
Money Supply M2 1537269.00 1555803 1575285 1594571 1613698 1947889 GBP Million [+]
Money Supply M3 2347912.00 2344645 2343601 2341425 2339445 2313276 GBP Million [+]
Central Bank Balance Sheet 405132.00 405481 400000 405562 405592 300000 GBP Million [+]
Foreign Exchange Reserves 125620.10 125801 125985 125717 125382 128718 USD Million [+]
Loans to Private Sector 2157555.00 2124917 2029926 2110322 2098869 2200000 GBP Million [+]
Banks Balance Sheet 3376730.00 3370786 3371247 3371615 3371592 3371488 GBP Million [+]
Trade Actual Q3/15 Q4/15 Q1/16 Q2/16 2020
Balance of Trade -1601.00 -1755 -1612 -1599 -1673 -1673 GBP Million [+]
Exports 43246.00 42827 42414 42003 41602 43169 GBP Million [+]
Imports 44847.00 44447 44089 43739 43397 44700 GBP Million [+]
Current Account -26548.00 -29217 -27800 -27824 -28017 -27983 GBP Million [+]
Current Account to GDP -5.50 -4.07 -3.89 -3.83 -3.76 -3.87 percent [+]
External Debt -289323.00 -293490 -296339 -303098 -319112 -316043 GBP Million [+]
Terms of Trade 99.90 99.51 98.25 99.49 99.47 100 Index Points [+]
Foreign Direct Investment 27211.00 15472 11871 11883 8707 11977 GBP Million [+]
Gold Reserves 310.29 310 310 310 310 311 Tonnes [+]
Crude Oil Production 926.00 800 912 894 833 833 BBL/D/1K [+]
Capital Flows 24467.00 33327 29863 26747 28553 29208 GBP Million [+]
Government Actual Q3/15 Q4/15 Q1/16 Q2/16 2020
Government Budget -5.70 -4.74 -3.5 -5.32 -5.01 -2.8 percent of GDP [+]
Government Debt to GDP 89.40 91.19 91.5 92.15 92.23 85 percent [+]
Government Budget Value -3029.00 12462 13020 13837 9966 6073 GBP Million [+]
Government Spending 89368.00 89303 89653 90019 90335 89980 GBP Million [+]
Government Spending to GDP 44.40 44.26 44.26 44.24 44.21 43.94 percent [+]
Credit Rating 97.96 [+]
Government Debt 2070.00 -6761 -8069 -8879 -8087 -4924 GBP Million [+]
Business Actual Q3/15 Q4/15 Q1/16 Q2/16 2020
Business Confidence 8.00 3 9.16 12.75 5.28 10 [+]
Manufacturing PMI 51.50 51.59 51.89 51.75 51.76 53.94 [+]
Services PMI 55.60 55.3 52.37 54.4 53.73 53.82 Index Points [+]
Industrial Production 1.50 1.02 0.74 0.57 0.47 1.52 percent [+]
Industrial Production Mom -0.40 0.17 0.14 0.12 0.11 0.05 percent [+]
Manufacturing Production 0.50 0.22 0.56 0.5 1.56 0.58 percent [+]
Capacity Utilization 81.50 81.84 82 81.32 80.43 82 percent [+]
New Orders 12421.00 12637 12173 12475 12265 12360 GBP Million [+]
Changes in Inventories -2347.00 -423 649 599 475 948 GBP Million [+]
Bankruptcies 3908.00 4019 4068 4000 4041 4048 Companies [+]
Corporate Profits 99282.00 100693 100295 101942 101876 105730 GBP Million [+]
Zew Economic Sentiment Index 16.10 15.24 10 14.65 14.58 15 [+]
Car Registrations 178420.00 382264 190000 392916 201945 200000 Cars [+]
Car Production 117665.00 124742 125594 125757 127065 126443 [+]
Competitiveness Index 5.41 5.34 5.34 5.37 5.37 5.28 Points [+]
Competitiveness Rank 9.00 11.68 11.68 8.9 7.98 6.78 [+]
Corruption Index 78.00 77.4 78.17 78.14 78.11 78.08 Points [+]
Corruption Rank 14.00 12 12 12 12 12 [+]
Ease of Doing Business 8.00 7.99 7.73 7.69 7.66 7.44 [+]
Factory Orders -1.00 -4.56 -5.46 -7.04 -8.66 -19.13 Net Balance [+]
Mining Production 6.30 3.29 2.07 1.23 0.61 -0.92 percent [+]
Small Business Sentiment 12.00 2.01 0.13 1.18 12.18 5.33 [+]
Consumer Actual Q3/15 Q4/15 Q1/16 Q2/16 2020
Consumer Confidence 7.00 5 6 5.04 4.26 5.54 [+]
Retail Sales MoM 0.10 0.2 -0.06 0.2 0.06 0.34 percent [+]
Retail Sales YoY 4.20 3.92 3.95 3.65 3.44 2.79 percent [+]
Consumer Spending 281340.00 283056 284772 286286 287791 328480 GBP Million [+]
Disposable Personal Income 278959.00 290856 291584 293250 296416 311230 GBP Million [+]
Personal Savings 4.90 5.24 4 5.19 5.19 6 percent [+]
Bank Lending Rate 1.50 1.52 4.5 1.68 1.76 5 percent [+]
Consumer Credit 1173.00 1163 1160 1158 1159 967 GBP Million [+]
Gasoline Prices 1.73 1.8 1.87 1.63 1.63 1.86 USD/Liter [+]
Housing Actual Q3/15 Q4/15 Q1/16 Q2/16 2020
Housing Index 643.70 651 640 667 672 760 Index Points [+]
Housing Starts 35960.00 35199 26855 34518 32329 33021 [+]
Construction Output 2.60 3.06 1.88 3.02 2.79 2.72 percent [+]
Mortgage Approvals 68.80 69.46 70.14 69.76 69.3 69.68 Thousand [+]
Construction Pmi 57.30 57.44 57.64 57.67 57.68 57.68 [+]
Home Ownership Rate 64.60 63.67 63.85 64.07 64.32 68.45 percent [+]
Taxes Actual Q3/15 Q4/15 Q1/16 Q2/16 2020
Corporate Tax Rate 20.00 20 20 20 20 18 percent [+]
Personal Income Tax Rate 45.00 44.26 44.26 44.12 43.99 46.21 percent [+]
Sales Tax Rate 20.00 20 20 20 20 17 percent [+]
Social Security Rate 25.80 25.8 25.8 25.8 25.8 25.8 percent [+]
Social Security Rate For Companies 13.80 13.8 13.8 13.8 13.8 14.36 percent [+]
Social Security Rate For Employees 12.00 12 12 12 12 12.66 percent [+]



Economic Forecasts for the United Kingdom including a long-term outlook for the next decades, plus medium-term expectations for the next four quarters and short-term market predictions for the next release affecting the the United Kingdom economy. 9/4/2015