United Kingdom GDP Constant Prices  Forecast 2016-2020

GDP Constant Prices in the United Kingdom is expected to be 476090.00 GBP Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate GDP Constant Prices in the United Kingdom to stand at 482820.00 in 12 months time. In the long-term, the United Kingdom GDP Constant Prices is projected to trend around 511230.00 GBP Million in 2020, according to our econometric models.

United Kingdom GDP Constant Prices
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Forecast Actual Q2/17 Q3/17 Q4/17 Q1/18 2020 Unit
GDP Constant Prices 470527 476090 478650 480960 482820 511230 GBP Million
United Kingdom GDP Constant Prices Forecasts are projected using an autoregressive integrated moving average (ARIMA) model calibrated using our analysts expectations. We model the past behaviour of United Kingdom GDP Constant Prices using vast amounts of historical data and we adjust the coefficients of the econometric model by taking into account our analysts assessments and future expectations. The forecast for - United Kingdom GDP Constant Prices - was last predicted on Thursday, April 27, 2017.
United Kingdom GDP Last Q2/17 Q3/17 Q4/17 Q1/18 2020
GDP Growth Rate 0.7 0.4 0.3 0.3 0.2 0.6
GDP Annual Growth Rate 1.9 1.8 1.6 1.4 1.2 1.9
GDP 2861 3050 3050 3050 3110 3250
GDP Constant Prices 470527 476090 478650 480960 482820 511230
Gross National Product 492534 496520 499580 504360 511570 520390
Gross Fixed Capital Formation 78054 78890 78910 79110 79210 81940
GDP per capita 41183 41670 41760 42060 42100 43870
GDP per capita PPP 38509 39200 39400 39740 39820 41100
GDP From Agriculture 3101 3240 3230 3250 3131 3350
GDP From Construction 26573 25840 25900 26120 26565 27300
GDP From Manufacturing 41591 42050 42500 42830 41566 44700
GDP From Mining 7309 7580 7590 7610 7410 7990
GDP From Public Administration 18933 20450 20870 21170 18784 23400
GDP From Services 336908 339600 340200 341900 346825 374500
GDP From Transport 18160 18200 18290 18370 18398 19900