United Kingdom | Economic Forecasts | 2014-2030 Outlook

Markets Last Q3 Q4 Q1 2015 2020 2030
Currency 1.69 1.75 1.77 1.74 1.7 1.7 1.68 [+]
Government Bond 10Y 2.70 2.77 3.5 2.66 2.48 4.03 3.63 [+]
Stock Market 6791.55 6673 6667 6662 6670 6863 7114 [+]
GDP Last Q3 Q4 Q1 2015 2020 2030
GDP 2522.26 2568 2529 2586 3579 4227 5785 [+]
GDP Growth Rate 0.80 0.95 0.9 0.81 0.9 2.81 2.81 [+]
GDP Annual Growth Rate 3.10 4.28 1.35 5.37 1.35 7.25 3.5 [+]
GDP Constant Prices 393512.00 396098 396822 398335 521597 590505 768310 [+]
Gross National Product 408480.00 409328 409770 410601 536399 610015 794432 [+]
GDP per capita 37955.11 38200 37986 38326 49831 57172 73866 [+]
Gross Fixed Capital Formation 56901.00 59348 59379 58560 54650 57657 56718 [+]
GDP per capita PPP 32722.52 32554 32542 32531 44694 52278 71539 [+]
Labour Last Q3 Q4 Q1 2015 2020 2030
Unemployment Rate 6.50 6.2 5.9 5.7 5.8 6.2 7.1 [+]
Employed Persons 29533.00 29763 29922 30045 36566 40238 48477 [+]
Claimant Count Change -36.30 -31.68 -29.24 -28.97 -28.97 -29.38 -29.51 [+]
Unemployed Persons 1044.30 942 862 807 827 870 986 [+]
Job Vacancies 648.00 672 684 689 645 623 631 [+]
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 100.40 101 101 101 131 149 196 [+]
Wages 478.00 479 480 478 483 488 490 [+]
Wages in Manufacturing 563.00 567 570 572 578 591 592 [+]
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 61.50 62.2 62.28 62.36 62.8 66 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 1.90 1.3 1.2 1.2 1.65 3.94 3.75 [+]
Inflation Rate Mom 0.20 0.17 0.13 0.17 0.15 3.75 4 [+]
Consumer Price Index (CPI) 128.28 129 129 130 172 200 261 [+]
Core Inflation Rate 2.00 1.63 1.61 1.66 1.73 3.8 3.9 [+]
Harmonised Consumer Prices 128.28 129 129 129 131 141 168 [+]
Core Consumer Prices 123.87 124 125 125 166 198 262 [+]
GDP Deflator 106.72 107 108 109 110 111 111 [+]
Producer Prices Change 0.20 0.09 -0.02 0.04 0.8 3.82 3.61 [+]
Export Prices 103.60 100 98.87 100 101 101 101 [+]
Import Prices 104.60 102 101 102 102 103 103 [+]
Food Inflation 0.00 -0.79 -0.76 -0.76 -0.76 -0.76 -0.76 [+]
Money Last Q3 Q4 Q1 2015 2020 2030
Interest Rate 0.50 0.5 0.5 0.61 1.25 2 2 [+]
Interbank Rate 0.55 0.5 1.3 0.87 1.3 2 2 [+]
Money Supply M0 67939.00 68500 69048 69566 92852 105420 114991 [+]
Money Supply M1 1321955.00 1358065 1386102 1410319 1994073 2295091 3149225 [+]
Money Supply M2 1453458.00 1475343 1496820 1515567 2147904 2184818 3094634 [+]
Money Supply M3 2358966.00 2362051 2359424 2360284 3213101 3751813 5134177 [+]
Central Bank Balance Sheet 404979.80 111682 110456 408890 90045 60081 50462 [+]
Foreign Exchange Reserves 111781.49 112003 113894 113654 113225 111742 111936 [+]
Loans to Private Sector 2184729.00 2156622 2139644 2122645 2084586 2097112 2094226 [+]
Trade Last Q3 Q4 Q1 2015 2020 2030
Balance of Trade -2418.00 -1772 -1445 -1295 -1032 -1050 -1499 [+]
Exports 40936.00 40665 40995 40754 42964 43261 43709 [+]
Imports 43354.00 42436 42440 42049 43996 44311 45208 [+]
Current Account -18495.00 -23817 -23470 -21330 -19001 -20969 -24276 [+]
Current Account to GDP -4.40 -4.75 -4.45 -4.87 -4.97 -0.71 -0.12 [+]
External Debt -81805.00 174738 131053 104843 65527 52421 43684 [+]
Terms of Trade 99.00 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 881.00 716 863 821 864 865 865 [+]
Government Last Q3 Q4 Q1 2015 2020 2030
Government Budget -5.80 -5.63 -4.5 -5.57 -4 -2.93 -2.93 [+]
Government Debt to GDP 90.60 91.9 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 113946 130130 169567 [+]
Government Spending to GDP 46.90 46.24 46.09 45.96 45.71 45.39 45.38 [+]
Credit Rating 97.96 [+]
Government Debt -9506.00 -8136 -9879 [+]
Business Last Q3 Q4 Q1 2015 2020 2030
Business Confidence 19.00 39.52 29.16 26.74 15.5 47.54 60.5 [+]
Manufacturing PMI 57.50 57.05 57.95 57.87 55.92 56.89 57.83 [+]
Services PMI 57.70 58.86 56.34 59.23 57.02 57.24 57.25 [+]
Industrial Production 2.30 4.18 4.27 4.08 2.61 4 3.66 [+]
Industrial Production Mom -0.70 -0.08 0.02 -0.07 0.03 3.93 3.88 [+]
Manufacturing Production 3.70 6.1 6.43 6.24 3.94 4.03 4.01 [+]
Capacity Utilization 45.00 41.03 40.84 41.12 42.61 43.63 43.76 [+]
New Orders 11503.00 11889 11955 11850 11980 11972 11972 [+]
Changes in Inventories 1917.00 3190 2816 2466 2513 2532 2525 [+]
Bankruptcies 3721.00 3531 3510 3458 3543 730 119 [+]
Corporate Profits 83505.00 83330 83520 83472 83477 83478 83478 [+]
Zew Economic Sentiment Index 20.40 27.25 23.38 27.64 24.87 25.24 25.12 [+]
Car Registrations 228291.00 348755 165998 387069 224216 256397 334099 [+]
Consumer Last Q3 Q4 Q1 2015 2020 2030
Consumer Confidence -2.00 3.49 3.1 4.93 -0.09 -0.29 -0.38 [+]
Retail Sales MoM 0.10 0.34 0.26 0.31 0.26 3.56 3.56 [+]
Retail Sales YoY 3.60 5.76 6.27 5.99 5.07 4.19 4.32 [+]
Consumer Spending 250838.00 253560 253934 254648 333981 378035 492547 [+]
Disposable Personal Income 253115.00 256105 256203 256182 335776 383419 499617 [+]
Personal Savings 4.90 4.91 4 4.68 4 1.2 0.29 [+]
Bank Lending Rate 1.50 1.66 1.52 1.48 1.5 1.49 1.5 [+]
Housing Last Q3 Q4 Q1 2015 2020 2030
Housing Index 593.80 604 614 622 624 605 598 [+]
Housing Starts 37180.00 40931 35681 36868 32011 33638 33647 [+]
Construction Output 2.50 7.44 5.15 5.95 3.13 21.81 43.34 [+]
Mortgage Approvals 67.20 68.85 70.41 67.38 65.46 65.66 67.35 [+]
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. 8/1/2014