United Kingdom | Economic Forecasts | 2014-2050 Outlook


Markets Last Q4/14 Q1/15 Q2/15 Q3/15 2020 2030 2050
Currency 1.60 1.6 1.59 1.59 1.59 1.59 1.6 1.6 [+]
Government Bond 10Y 2.15 2.38 2.47 2.46 2.15 2.64 2.89 2.16 [+]
Stock Market 6399.73 6682 6662 6667 6663 6656 6863 7114 [+]
GDP Last Q4/14 Q1/15 Q2/15 Q3/15 2020 2030 2050
GDP 2522.26 2554 2561 2566 2570 2601 2623 2648 [+]
GDP Growth Rate 0.90 0.9 0.9 0.78 0.8 0.74 2.76 2.76 [+]
GDP Annual Growth Rate 3.20 1.35 1.35 3.7 3.38 2.74 3.13 3.18 [+]
GDP Constant Prices 425437.00 430602 432992 434948 436553 443331 450379 454909 [+]
Gross National Product 408480.00 410475 410601 410223 410488 466647 495240 562241 [+]
GDP per capita 37955.11 38195 38258 38314 38364 38832 39310 39727 [+]
Gross Fixed Capital Formation 72529.00 73011 72985 72962 72953 72954 72954 72954 [+]
GDP per capita PPP 35013.27 35235 35293 35345 35390 35822 36263 36648 [+]
Labour Last Q4/14 Q1/15 Q2/15 Q3/15 2020 2030 2050
Unemployment Rate 6.00 6 5.7 5.5 5.3 5.4 5.7 6.6 [+]
Employed Persons 29653.00 29595 29675 29733 29784 30159 30482 30787 [+]
Claimant Count Change -18.60 -32.28 -30.1 -30.09 -31.75 -30.25 -30.39 -30.49 [+]
Unemployed Persons 951.90 931 839 768 714 646 567 567 [+]
Job Vacancies 656.00 672 684 689 670 645 623 631 [+]
Long Term Unemployment Rate 2.30 2.26 2.23 2.21 2.21 1.5 1.5 1.5 [+]
Youth Unemployment Rate 16.10 15.52 14.55 13.76 13.28 13.16 14.41 14.45 [+]
Productivity 100.40 101 101 101 100 101 101 103 [+]
Wages 477.00 478 479 477 480 481 484 485 [+]
Wages in Manufacturing 568.00 568 571 573 577 585 604 612 [+]
Labour Costs 104.90 105 105 105 105 106 107 110 [+]
Population 63.90 64.38 64.54 64.7 64.9 65.17 68.16 73.46 [+]
Retirement Age Women 62.00 62 62 62 62 65 66 66 [+]
Retirement Age Men 65.00 65 65 65 65 66 66 66 [+]
Prices Last Q4/14 Q1/15 Q2/15 Q3/15 2020 2030 2050
Inflation Rate 1.20 1.17 1.19 1.28 1.24 2.38 2 2 [+]
Inflation Rate Mom 0.00 0.24 -0.01 -0.03 0.17 0.2 0.2 0.2 [+]
Consumer Price Index CPI 128.38 129 129 129 129 131 132 133 [+]
Core Inflation Rate 1.50 1.81 1.82 1.79 1.71 2 2 2 [+]
Harmonised Consumer Prices 128.28 129 129 129 128 131 141 168 [+]
Core Consumer Prices 124.09 125 125 126 126 127 131 133 [+]
GDP Deflator 105.25 105 106 106 106 107 109 109 [+]
Producer Prices Change -0.30 -0.19 -0.47 -0.54 -0.37 0.32 0.38 0.48 [+]
Export Prices 101.80 98.87 100 100 100 97 93 93 [+]
Import Prices 104.20 101 102 102 102 95 90 90 [+]
Food Inflation -1.40 -1.14 -1.14 -0.76 -1.31 2 2 2 [+]
Money Last Q4/14 Q1/15 Q2/15 Q3/15 2020 2030 2050
Interest Rate 0.50 0.5 0.5 0.75 0.75 2 2 2 [+]
Interbank Rate 0.54 0.6 0.6 0.9 0.9 2.5 2.5 2.5 [+]
Money Supply M0 68093.00 68513 69182 69839 70494 72518 85754 110633 [+]
Money Supply M1 1323864.00 1334498 1341434 1345386 1348003 1364127 1372681 1386205 [+]
Money Supply M2 1459354.00 1481658 1501859 1521136 1538972 1587221 1769226 1848765 [+]
Money Supply M3 2352032.00 2355284 2355034 2354308 2353768 2376226 2380452 2398215 [+]
Central Bank Balance Sheet 405132.00 404000 402000 400000 400000 300000 100000 100000 [+]
Foreign Exchange Reserves 110747.66 112003 113894 113654 114243 113225 111742 111936 [+]
Loans to Private Sector 2175067.00 2078535 2057310 2105699 2105699 2200000 2400000 2400000 [+]
Trade Last Q4/14 Q1/15 Q2/15 Q3/15 2020 2030 2050
Balance of Trade -1917.00 -2119 -1858 -1789 -1832 -1379 -1775 -2324 [+]
Exports 40134.00 40356 40380 39866 40081 41579 41481 41386 [+]
Imports 42051.00 42475 42237 41655 41913 42958 43256 43710 [+]
Current Account -23096.00 -24001 -23572 -22899 -22591 -22111 -22617 -22616 [+]
Current Account to GDP -4.40 -4.75 -4.82 -4.87 -4.91 -4.97 -5.05 -5.05 [+]
External Debt -81805.00 -51366 -55490 -57586 -56714 -56251 -56386 -56386 [+]
Terms of Trade 98.20 98.08 98.51 98.51 98.51 1.02 1.03 1.03 [+]
Foreign Direct Investment 13483.00 9424 9607 9143 9317 9276 9333 9333 [+]
Gold Reserves 310.25 310 310 310 310 310 310 310 [+]
Crude Oil Production 729.00 784 817 848 879 936 1316 1564 [+]
Government Last Q4/14 Q1/15 Q2/15 Q3/15 2020 2030 2050
Government Budget -5.80 -4.5 -4.5 -5.57 -5.57 -4 -2.93 -2.93 [+]
Government Debt to GDP 90.60 93 96 96 96 90 90 90 [+]
Government Budget Value -9706.00 14159 14372 8268 8665 11773 12358 12364 [+]
Government Spending 87983.00 88020 87985 87960 87964 88848 89287 90167 [+]
Government Spending to GDP 46.90 46.24 46.09 45.96 45.96 45.71 45.39 45.38 [+]
Credit Rating 97.96 [+]
Business Last Q4/14 Q1/15 Q2/15 Q3/15 2020 2030 2050
Business Confidence 19.00 22.8 21.99 27.69 27.69 10 15 15 [+]
Manufacturing PMI 51.60 52.6 50.15 51.08 51.35 51.15 51.17 51.17 [+]
Services PMI 58.70 58.6 55.76 57.72 57.39 56.24 56.23 56.19 [+]
Industrial Production 2.50 2.9 2.94 2.91 2.61 2.06 2.15 2.38 [+]
Industrial Production Mom 0.00 0 0.05 -0.05 -0.18 0.05 0.05 0.05 [+]
Manufacturing Production 3.90 4.56 4.93 4.97 4.52 3.13 3.72 4.78 [+]
Capacity Utilization 83.90 82 82 82 82 80 80 80 [+]
New Orders 11503.00 11889 11955 11850 11828 11980 11972 11972 [+]
Changes in Inventories 1917.00 2941 2512 2466 2682 2513 2532 2525 [+]
Bankruptcies 3461.00 3531 3510 3458 3437 3543 7 0 [+]
Corporate Profits 83505.00 83457 83494 83472 83478 83477 83478 83478 [+]
Zew Economic Sentiment Index 4.60 8.84 9.33 5.74 5.74 15 15 15 [+]
Car Registrations 72163.00 315185 166945 376028 376028 200000 200000 200000 [+]
Consumer Last Q4/14 Q1/15 Q2/15 Q3/15 2020 2030 2050
Consumer Confidence -1.00 1.96 -0.31 0.37 0.99 2.21 11.5 12 [+]
Retail Sales MoM 0.40 0.33 0.24 0.28 0.16 0.24 0.24 0.24 [+]
Retail Sales YoY 3.90 4.5 4.84 4.53 4.13 3.7 4.18 4.22 [+]
Consumer Spending 271761.00 273967 275027 275922 276677 280628 284843 287746 [+]
Disposable Personal Income 253115.00 252818 252811 252814 252812 255341 256605 259133 [+]
Personal Savings 4.90 4 4.68 4.7 4.7 6 6 6 [+]
Bank Lending Rate 1.50 1.61 1.61 1.8 1.8 3 3 3 [+]
Housing Last Q4/14 Q1/15 Q2/15 Q3/15 2020 2030 2050
Housing Index 605.80 619 631 638 638 760 1060 1060 [+]
Housing Starts 37180.00 40931 35681 36868 37940 32011 33638 33647 [+]
Construction Output 3.10 3 4.92 4.24 5.95 2.89 3.06 3.2 [+]
Mortgage Approvals 64.21 64.55 65.48 63.7 63.17 64.72 65.35 65.45 [+]
Taxes Last Q4/14 Q1/15 Q2/15 Q3/15 2020 2030 2050
Corporate Tax Rate 23.00 23 23 23 23 23 23 23 [+]
Personal Income Tax Rate 45.00 45 45 45 45 45 45 45 [+]
Sales Tax Rate 20.00 20 20 20 20 17 17 17 [+]
Social Security Rate 25.80 26 26 26 26 26 26 26 [+]
Social Security Rate For Companies 13.80 14 14 14 14 14 14 14 [+]
Social Security Rate For Employees 12.00 12 12 12 12 12 12 12 [+]





This page includes economic forecasts for the United Kingdom. 10/23/2014