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 2.10 2.27 2.12 2.26 2.27 2.27 [+]
Stock Market 6750.76 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 0.8 0.75 0.8 0.8 0.8 [+]
GDP Annual Growth Rate 3.00 3.56 3.64 3.36 3.22 3.23 [+]
GDP Constant Prices 428415.00 431155 433386 444334 444496 444496 [+]
Gross National Product 438278.00 457698 468381 493795 494228 494227 [+]
GDP per capita 37955.11 37986 38328 38832 38884 38885 [+]
Gross Fixed Capital Formation 72529.00 73023 72977 72968 72968 72968 [+]
GDP per capita PPP 35013.27 35042 35345 35727 35754 35754 [+]
Labour Actual Q4/14 Q1/15 2020 2030 2050
Unemployment Rate 6.00 5.61 5.25 5.27 7.38 4.78 [+]
Employed Persons 29674.00 29816 29911 30476 30496 30496 [+]
Claimant Count Change -20.40 -23.14 -22.21 -23.52 -23.85 -23.85 [+]
Unemployed Persons 931.70 897 858 711 710 710 [+]
Job Vacancies 687.00 723 748 617 697 663 [+]
Long Term Unemployment Rate 2.30 2.07 1.89 2.78 2.87 2.91 [+]
Youth Unemployment Rate 16.00 14.37 14 14.06 18.14 16.61 [+]
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 63 64 65 65 [+]
Retirement Age Men 65.00 65 65 65 65 65 [+]
Minimum Wages 1301.30 1181 1318 1299 1299 1298 [+]
Prices Actual Q4/14 Q1/15 2020 2030 2050
Inflation Rate 1.30 1.17 1.06 1.32 1.12 1.26 [+]
Inflation Rate Mom 0.10 0.12 0.19 0.13 0.13 0.13 [+]
Consumer Price Index CPI 128.50 129 129 130 130 130 [+]
Core Inflation Rate 1.50 1.63 1.63 1.65 1.65 1.65 [+]
Harmonised Consumer Prices 128.38 128 128 127 126 126 [+]
Core Consumer Prices 124.30 125 125 128 128 128 [+]
GDP Deflator 105.25 106 106 110 110 110 [+]
Producer Prices Change -0.30 -0.43 -0.57 0.23 0.5 0.75 [+]
Export Prices 96.20 95.33 94.63 94.32 94.32 94.32 [+]
Import Prices 95.70 93.92 92.74 84.26 83.85 83.84 [+]
Food Inflation -1.40 -1.39 -1.36 -1.36 -1.36 -1.36 [+]
Money Actual Q4/14 Q1/15 2020 2030 2050
Interest Rate 0.50 0.5 0.55 2 2 0.5 [+]
Interbank Rate 0.54 0.61 0.56 1.67 3.41 6.97 [+]
Money Supply M0 69414.00 69864 70636 87313 114948 165345 [+]
Money Supply M1 1340190.00 1349176 1353990 1362764 1362764 1362764 [+]
Money Supply M2 1478672.00 1497030 1514202 1712174 1761368 1765176 [+]
Money Supply M3 2358908.00 2356563 2356633 2344164 2336679 2334245 [+]
Central Bank Balance Sheet 405132.00 404996 405342 405645 405645 405645 [+]
Foreign Exchange Reserves 109774.18 111871 111429 108919 108667 108322 [+]
Loans to Private Sector 2178238.00 2179201 2180732 2183924 2183925 2183925 [+]
Banks Balance Sheet 3343030.00 3321369 3320728 3321769 3321769 3321769 [+]
Trade Actual Q4/14 Q1/15 2020 2030 2050
Balance of Trade -2838.00 -1956 -1952 -2055 -2055 -2055 [+]
Exports 40891.00 40393 39922 40581 40607 40607 [+]
Imports 43729.00 42350 41873 42657 42684 42684 [+]
Current Account -23096.00 -25528 -24819 -24036 -24055 -24055 [+]
Current Account to GDP -4.40 -4.45 -4.77 -4.87 -4.87 -4.87 [+]
External Debt -331702.00 -314272 -315154 -317862 -317862 -317862 [+]
Terms of Trade 100.50 100 100 99.98 99.98 99.98 [+]
Foreign Direct Investment 13483.00 9645 9134 9325 9325 9325 [+]
Gold Reserves 310.25 310 310 310 310 310 [+]
Crude Oil Production 682.00 910 896 912 912 912 [+]
Government Actual Q4/14 Q1/15 2020 2030 2050
Government Budget -5.80 -5.78 -5.57 -5.44 -5.43 -5.43 [+]
Government Debt to GDP 90.60 90.72 92.21 95.84 97.09 97.24 [+]
Government Budget Value 17700.00 16785 18955 14918 14920 14920 [+]
Government Spending 87983.00 88027 87958 87966 87966 87966 [+]
Government Spending to GDP 46.90 46.8 45.87 44.96 44.93 44.93 [+]
Credit Rating 97.96 [+]
Government Debt -7050.00 -12029 -13215 -12508 -12508 -12508 [+]
Business Actual Q4/14 Q1/15 2020 2030 2050
Business Confidence 8.00 22.8 14.63 12.96 12.81 12.79 [+]
Manufacturing PMI 53.20 53.85 54.83 54.45 54.45 54.45 [+]
Services PMI 56.20 55.33 57.29 56.09 56.01 56 [+]
Industrial Production 1.50 2.17 2.05 2.04 2.05 2.05 [+]
Industrial Production Mom 0.60 0.08 0.08 0.08 0.08 0.08 [+]
Manufacturing Production 2.90 4.22 4.26 3.63 3.61 3.61 [+]
Capacity Utilization 82.10 82 84.06 83.29 83.13 83.13 [+]
New Orders 11892.00 11508 11344 11494 11495 11495 [+]
Changes in Inventories 3001.00 2643 2374 2619 2617 2617 [+]
Bankruptcies 3368.00 3286 3209 3282 3273 3273 [+]
Corporate Profits 99632.00 104497 105146 105129 105129 105129 [+]
Zew Economic Sentiment Index 10.50 1.72 2.85 8.94 8.47 8.26 [+]
Car Registrations 179714.00 140343 331221 143425 143425 143425 [+]
Consumer Actual Q4/14 Q1/15 2020 2030 2050
Consumer Confidence -2.00 -2.26 -2.66 -6.66 -7.29 -7.31 [+]
Retail Sales MoM 0.80 -0.02 0.21 0.25 0.5 0.75 [+]
Retail Sales YoY 4.30 3.92 3.77 3.77 3.77 3.77 [+]
Consumer Spending 271761.00 274407 276033 281344 281487 281488 [+]
Disposable Personal Income 274988.00 282131 283358 283599 283599 283599 [+]
Personal Savings 6.70 6.58 6.55 6.41 6.41 6.41 [+]
Bank Lending Rate 1.50 1.44 1.4 1.4 1.39 1.39 [+]
Consumer Credit 222533.00 226306 227409 246392 261658 269190 [+]
Housing Actual Q4/14 Q1/15 2020 2030 2050
Housing Index 602.40 616 627 626 622 622 [+]
Housing Starts 37730.00 37413 34984 34162 34007 34009 [+]
Construction Output -2.50 0.12 1.75 -0.35 -0.35 -0.35 [+]
Mortgage Approvals 61.30 62.93 61.19 63.46 63.66 63.66 [+]
Taxes Actual Q4/14 Q1/15 2020 2030 2050
Corporate Tax Rate 21.00 20.84 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 20 20 20 [+]
Social Security Rate 25.80 26 25.81 25.81 25.82 25.82 [+]
Social Security Rate For Companies 13.80 14 13.8 13.81 13.81 13.81 [+]
Social Security Rate For Employees 12.00 12 12.01 12.01 12.01 12.01 [+]





This page includes economic forecasts for the United Kingdom. 11/22/2014