United Kingdom | Economic Forecasts | 2014-2050 Outlook


Markets Last Q4/14 Q1/15 Q2/15 Q3/15 2020 2030 2050
Currency 1.59 1.6 1.59 1.59 1.59 1.59 1.6 1.6 [+]
Government Bond 10Y 2.25 2.38 2.47 2.46 2.14 2.64 2.89 2.15 [+]
Stock Market 6453.87 6380 6372 6409 6448 7275 8852 12006 [+]
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 0.70 0.9 0.78 0.8 0.78 0.76 0.76 0.76 [+]
GDP Annual Growth Rate 3.00 1.35 3.7 3.38 3.03 3.38 3.18 3.2 [+]
GDP Constant Prices 428415.00 432992 434948 436553 437865 448160 450470 454909 [+]
Gross National Product 438278.00 410475 410601 410223 410060 412172 413979 418055 [+]
GDP per capita 37955.11 38258 38314 38364 38408 39116 39339 39727 [+]
Gross Fixed Capital Formation 72529.00 72985 72962 72953 72953 72954 72954 72954 [+]
GDP per capita PPP 35013.27 35293 35345 35390 35431 36085 36290 36648 [+]
Labour Last Q4/14 Q1/15 Q2/15 Q3/15 2020 2030 2050
Unemployment Rate 6.00 5.6 5.3 5.1 5.1 5.4 6.4 7.4 [+]
Employed Persons 29653.00 29913 30036 30141 30230 31046 31219 31527 [+]
Claimant Count Change -18.60 -26.46 -26.33 -28.67 -28.74 -28.33 -28.6 -28.6 [+]
Unemployed Persons 951.90 891 851 822 802 750 750 750 [+]
Job Vacancies 674.00 709 724 727 714 644 661 661 [+]
Long Term Unemployment Rate 2.30 2.26 2.23 2.21 1.66 1.5 1.5 2.91 [+]
Youth Unemployment Rate 15.80 14.55 13.76 13.28 13.1 14.41 14.45 14.45 [+]
Productivity 100.40 101 101 100 100 101 102 102 [+]
Wages 479.00 479 477 480 480 484 485 485 [+]
Wages in Manufacturing 562.00 571 573 577 578 601 606 612 [+]
Labour Costs 103.10 105 105 105 104 105 106 107 [+]
Population 63.90 64.3 64.39 64.49 64.59 66.52 69.72 74.55 [+]
Retirement Age Women 62.00 62 62 62 63 65 66 65 [+]
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 1.2 2.38 2 1.39 [+]
Inflation Rate Mom 0.00 0.24 -0.01 -0.03 0.17 0.2 0.2 0.13 [+]
Consumer Price Index CPI 128.38 129 129 129 129 132 132 133 [+]
Core Inflation Rate 1.50 1.81 1.82 1.79 1.7 2 2 1.72 [+]
Harmonised Consumer Prices 128.38 129 129 130 130 138 154 191 [+]
Core Consumer Prices 124.09 125 125 126 126 130 131 133 [+]
GDP Deflator 105.25 106 106 106 107 109 109 109 [+]
Producer Prices Change -0.30 -0.44 -0.51 -0.34 -0.01 0.39 0.49 0.62 [+]
Export Prices 96.20 98.87 100 100 101 97 93 104 [+]
Import Prices 95.60 101 102 102 103 95 90 104 [+]
Food Inflation -1.40 -1.14 -1.14 -0.76 -1.5 2 2 -1.5 [+]
Money Last Q4/14 Q1/15 Q2/15 Q3/15 2020 2030 2050
Interest Rate 0.50 0.5 0.5 0.75 0.6 2 2 4.95 [+]
Interbank Rate 0.55 0.6 0.6 0.9 0.87 2.5 2.5 5.11 [+]
Money Supply M0 68928.00 69182 69839 70494 71148 85332 109554 151711 [+]
Money Supply M1 1340190.00 1341434 1345386 1348003 1349556 1365919 1372681 1386205 [+]
Money Supply M2 1478672.00 1501859 1521136 1538972 1555785 1760510 1830729 1853882 [+]
Money Supply M3 2358908.00 2355034 2354308 2353768 2353224 2368725 2374817 2396448 [+]
Central Bank Balance Sheet 405132.00 404000 402000 400000 405481 300000 100000 405645 [+]
Foreign Exchange Reserves 107248.20 114443 114137 113761 112906 109202 108421 107465 [+]
Loans to Private Sector 2178238.00 2078535 2057310 2105699 2142119 2200000 2400000 2138283 [+]
Trade Last Q4/14 Q1/15 Q2/15 Q3/15 2020 2030 2050
Balance of Trade -1917.00 -1656 -1541 -1557 -1426 -1441 -1880 -2170 [+]
Exports 40134.00 40462 39984 40204 40578 41490 41293 41428 [+]
Imports 42051.00 42118 41525 41762 42005 42931 43173 43598 [+]
Current Account -23096.00 -27157 -27897 -28865 -29594 -32742 -32850 -32850 [+]
Current Account to GDP -4.40 -4.75 -4.82 -4.87 -4.91 -4.97 -5.05 -5.05 [+]
External Debt -331702.00 -55490 -57586 -56714 -56144 -56386 -56386 -56386 [+]
Terms of Trade 100.60 98.08 98.51 98.51 98.19 1.02 1.03 98.04 [+]
Foreign Direct Investment 13483.00 9607 9143 9317 9428 9333 9333 9333 [+]
Gold Reserves 310.25 310 310 310 310 310 310 310 [+]
Crude Oil Production 729.00 958 918 739 793 952 942 946 [+]
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 17700.00 14159 14372 8268 8651 12358 12364 12364 [+]
Government Spending 87983.00 87985 87960 87964 87967 88847 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 8.00 22.8 21.99 27.69 23.25 10 15 20.71 [+]
Manufacturing PMI 51.60 50.56 51.45 51.64 51.48 51.48 51.48 51.48 [+]
Services PMI 58.70 55.76 57.72 57.39 58.22 56.23 56.19 56.19 [+]
Industrial Production 2.50 2.94 2.91 2.61 2.3 2.15 2.38 2.85 [+]
Industrial Production Mom 0.00 0.05 -0.05 -0.18 -0.04 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 85.93 80 80 173 [+]
New Orders 11892.00 11915 11850 11854 11954 11972 11972 11972 [+]
Changes in Inventories 3001.00 2512 2466 2682 2676 2532 2525 2525 [+]
Bankruptcies 3368.00 3333 3235 3163 3110 1713 1866 1555 [+]
Corporate Profits 99632.00 83649 83664 83683 83677 83676 83676 83676 [+]
Zew Economic Sentiment Index 10.50 8.84 9.33 5.74 3.35 15 15 7.4 [+]
Car Registrations 425861.00 315185 166945 376028 282461 200000 200000 96894 [+]
Consumer Last Q4/14 Q1/15 Q2/15 Q3/15 2020 2030 2050
Consumer Confidence -1.00 -0.31 0.37 0.99 1.6 11 11.5 12 [+]
Retail Sales MoM -0.30 -0.01 0.05 -0.08 0.05 0 0 0 [+]
Retail Sales YoY 2.70 4.01 3.73 3.45 3.19 3.9 3.49 3.47 [+]
Consumer Spending 271761.00 275027 275922 276677 277313 283440 284939 287746 [+]
Disposable Personal Income 274988.00 252811 252814 252812 252813 255341 256605 259133 [+]
Personal Savings 6.70 4 4.68 4.7 4.97 6 6 4.8 [+]
Bank Lending Rate 1.50 1.61 1.61 1.8 1.57 3 3 1.44 [+]
Housing Last Q4/14 Q1/15 Q2/15 Q3/15 2020 2030 2050
Housing Index 605.80 619 631 638 643 760 1060 613 [+]
Housing Starts 37730.00 35681 36868 37709 34889 33638 33647 33641 [+]
Construction Output -2.50 3 4.92 4.24 4.46 2.91 2.91 2.91 [+]
Mortgage Approvals 61.30 65.31 63.51 62.97 62.29 65.2 65.31 65.31 [+]
Taxes Last Q4/14 Q1/15 Q2/15 Q3/15 2020 2030 2050
Corporate Tax Rate 21.00 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 20 [+]
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. 10/30/2014