United Kingdom | Economic Forecasts | 2014-2030 Outlook

Markets Last Q3 Q4 Q1 2015 2020 2030
Currency 1.62 1.62 1.62 1.62 1.62 1.63 1.64 [+]
Government Bond 10Y 2.53 3.5 2.37 2.47 2.27 2.64 2.89 [+]
Stock Market 6792.24 6682 6662 6667 6656 6863 7114 [+]
GDP Last Q3 Q4 Q1 2015 2020 2030
GDP 2522.26 2568 2583 2598 4754 7091 15241 [+]
GDP Growth Rate 0.80 0.9 0.9 0.84 0.79 2.81 2.82 [+]
GDP Annual Growth Rate 3.20 1.35 1.35 3.71 2.6 3.1 2.89 [+]
GDP Constant Prices 393512.00 397893 400252 402028 742174 982988 1778993 [+]
Gross National Product 408480.00 410475 410601 410223 462027 487922 548528 [+]
GDP per capita 37955.11 38266 38326 38379 43351 46415 52277 [+]
Gross Fixed Capital Formation 56901.00 59109 58560 57432 54650 57657 56718 [+]
GDP per capita PPP 32722.52 32542 32531 32521 36629 38815 43658 [+]
Labour Last Q3 Q4 Q1 2015 2020 2030
Unemployment Rate 6.20 6.1 5.8 5.6 5.5 6 6.3 [+]
Employed Persons 29506.00 29763 29922 30045 90432 155970 349497 [+]
Claimant Count Change -37.20 -31.06 -28.81 -28.87 -29.72 -29.64 -29.77 [+]
Unemployed Persons 1007.50 942 862 807 827 870 986 [+]
Job Vacancies 656.00 672 684 689 645 623 631 [+]
Long Term Unemployment Rate 2.50 2.34 2.26 2.23 2.03 4.82 5.82 [+]
Youth Unemployment Rate 17.90 17.58 17.23 16.99 17.31 7.9 8.87 [+]
Productivity 100.40 101 101 101 180 240 431 [+]
Wages 477.00 479 480 478 483 488 490 [+]
Wages in Manufacturing 568.00 567 570 572 578 591 592 [+]
Labour Costs 104.90 105 105 105 104 104 105 [+]
Population 63.90 64.38 64.54 64.7 65.17 68.16 73.46 [+]
Retirement Age Women 62.00 62.28 62.36 62.36 62.8 65 66 [+]
Retirement Age Men 65.00 65 65 65 65 66 66 [+]
Minimum Wages 1189.90 1186 1181 1191 1210 1197 1201 [+]
Prices Last Q3 Q4 Q1 2015 2020 2030
Inflation Rate 1.50 1.23 1.17 1.19 1.52 1.78 2.04 [+]
Inflation Rate Mom 0.40 0.2 0.24 -0.01 0.21 0.51 0.76 [+]
Consumer Price Index CPI 128.30 129 130 130 132 144 169 [+]
Core Inflation Rate 1.90 1.76 1.81 1.82 1.81 2.07 2.34 [+]
Harmonised Consumer Prices 128.28 129 129 129 131 141 168 [+]
Core Consumer Prices 124.00 125 126 126 129 142 170 [+]
GDP Deflator 106.72 107 108 109 110 111 111 [+]
Producer Prices Change -0.30 -0.47 -0.54 -0.37 0.32 0.68 1.03 [+]
Export Prices 103.20 100 98.87 100 101 101 101 [+]
Import Prices 105.10 102 101 102 102 103 103 [+]
Food Inflation -1.10 -1.15 -1.14 -1.14 -1.14 -1.14 -1.14 [+]
Money Last Q3 Q4 Q1 2015 2020 2030
Interest Rate 0.50 0.5 0.5 0.58 0.71 2 2 [+]
Interbank Rate 0.54 1.3 1.3 0.87 1.3 2 2 [+]
Money Supply M0 68093.00 68960 69458 70040 79743 82972 80053 [+]
Money Supply M1 1323864.00 1383372 1408457 1424360 1633759 1707221 1925488 [+]
Money Supply M2 1459354.00 1499387 1520627 1541143 1780191 1964037 1892527 [+]
Money Supply M3 2352032.00 2351988 2351821 2351661 2520973 2607244 2790433 [+]
Central Bank Balance Sheet 404956.30 110456 411759 410232 422935 60081 50462 [+]
Foreign Exchange Reserves 110747.66 112003 113894 113654 113225 111742 111936 [+]
Loans to Private Sector 2175067.00 2100570 2078535 2057310 2029926 2040406 2036881 [+]
Banks Balance Sheet 3342804.00 3396843 3454693 3510975 3595323 3700692 3700852 [+]
Trade Last Q3 Q4 Q1 2015 2020 2030
Balance of Trade -3348.00 -2054 -1970 -1977 -1710 -2037 -2940 [+]
Exports 40827.00 40544 40155 40454 48244 51726 59332 [+]
Imports 44175.00 42598 42125 42431 49971 53794 62346 [+]
Current Account -18495.00 -23817 -23470 -21330 -19001 -20969 -24276 [+]
Current Account to GDP -4.40 -4.75 -4.45 -4.87 -4.97 -0.1 -0.05 [+]
External Debt -81805.00 174738 131053 104843 65527 52421 43684 [+]
Terms of Trade 98.20 98.31 98.08 98.51 98.25 98.22 98.22 [+]
Foreign Direct Investment 13483.00 7609 7423 7124 7264 7300 7299 [+]
Gold Reserves 310.25 310 310 310 310 310 310 [+]
Crude Oil Production 848.00 938 901 732 1041 1394 945 [+]
Government Last Q3 Q4 Q1 2015 2020 2030
Government Budget -5.80 -4.5 -4.5 -5.57 -4 -2.93 -2.93 [+]
Government Debt to GDP 90.60 98.6 98.6 92.66 98.6 97.47 99.26 [+]
Government Budget Value 11836.00 8808 11217 11439 9955 10153 10155 [+]
Government Spending 86424.00 86946 87004 87085 281802 504414 1222504 [+]
Government Spending to GDP 46.90 46.24 46.09 45.96 45.71 45.39 45.38 [+]
Credit Rating 97.96 [+]
Government Debt 1099.00 -7174 -8745 -10623 -9855 -9868 -9868 [+]
Business Last Q3 Q4 Q1 2015 2020 2030
Business Confidence 19.00 39.52 22.8 21.99 19.16 57.75 60.5 [+]
Manufacturing PMI 52.50 54.48 54.9 54.98 54.81 55.01 55.04 [+]
Services PMI 60.50 58.6 56.02 58.09 56.95 57.2 57.33 [+]
Industrial Production 1.70 2.83 2.8 2.54 2.04 3.76 3.92 [+]
Industrial Production Mom 0.50 0.26 0.15 0.04 0.26 3.86 3.56 [+]
Manufacturing Production 2.20 4.56 4.45 3.77 2.13 3.76 4.32 [+]
Capacity Utilization 45.00 41.03 44.45 45.05 45.68 45.6 45.66 [+]
New Orders 11503.00 11889 11955 11850 11980 11972 11972 [+]
Changes in Inventories 1917.00 2512 2466 2682 2513 2532 2525 [+]
Bankruptcies 3461.00 3531 3510 3458 3543 6.87 0.05 [+]
Corporate Profits 83505.00 83330 83520 83472 83477 83478 83478 [+]
Zew Economic Sentiment Index 12.50 16.23 8.84 9.33 -9.06 -39.51 -43.82 [+]
Car Registrations 172907.00 348755 165998 387069 554513 993855 2408707 [+]
Consumer Last Q3 Q4 Q1 2015 2020 2030
Consumer Confidence 1.00 3.14 3.27 5.81 2.05 3.48 9.67 [+]
Retail Sales MoM 0.10 0.24 0.13 0.18 0.15 3.75 4 [+]
Retail Sales YoY 2.60 4.79 5.16 4.9 4.4 4.02 4.08 [+]
Consumer Spending 250838.00 253560 253934 254648 825976 1465351 3551053 [+]
Disposable Personal Income 253115.00 256244 256095 256543 289221 306678 344968 [+]
Personal Savings 4.90 4 4 4.68 4 0.1 0.05 [+]
Bank Lending Rate 1.50 1.61 1.46 1.41 1.43 1.45 1.44 [+]
Housing Last Q3 Q4 Q1 2015 2020 2030
Housing Index 602.90 607 619 631 640 620 611 [+]
Housing Starts 37180.00 40931 35681 36868 32011 33638 33647 [+]
Construction Output 3.10 7.44 5.15 5.95 3.13 1849 230292 [+]
Mortgage Approvals 66.60 66.2 67.58 65.97 66.35 66.96 67.01 [+]
Taxes Last Q3 Q4 Q1 2015 2020 2030
Corporate Tax Rate 23.00 23 23 23 23 23 23 [+]
Personal Income Tax Rate 45.00 45 45 45 45 45 45 [+]
Sales Tax Rate 20.00 19 20 18 18 17 17 [+]
Social Security Rate 25.80 26 26 26 26 26 26 [+]
Social Security Rate For Companies 13.80 14 14 14 14 14 14 [+]
Social Security Rate For Employees 12.00 12 12 12 12 12 12 [+]






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This page includes economic forecasts for the United Kingdom. 9/17/2014