GDP in the United Kingdom grew 1 percent year-on-year in July 2019. Economic Activity Index in the United Kingdom averaged 2 percent from 1998 until 2019, reaching an all time high of 6 percent in December of 2005 and a record low of -6.30 percent in March of 2009.
Economic Activity Index in the United Kingdom is expected to be 0.90 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Economic Activity Index in the United Kingdom to stand at 1.20 in 12 months time. In the long-term, the United Kingdom GDP YoY is projected to trend around 1.80 percent in 2020, according to our econometric models.