United Kingdom GDP Annual Growth Rate  Forecast 2016-2020

GDP Annual Growth Rate in the United Kingdom is expected to be 1.80 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate GDP Annual Growth Rate in the United Kingdom to stand at 1.60 in 12 months time. In the long-term, the United Kingdom GDP Annual Growth Rate is projected to trend around 1.90 percent in 2020, according to our econometric models.

United Kingdom GDP Annual Growth Rate
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Forecast Actual Q3/17 Q4/17 Q1/18 Q2/18 2020 Unit
GDP Annual Growth Rate 2 1.8 1.8 1.7 1.6 1.9 percent
United Kingdom GDP Annual Growth Rate 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 Annual Growth Rate 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 Annual Growth Rate - was last predicted on Tuesday, July 25, 2017.



United Kingdom GDP Last Q3/17 Q4/17 Q1/18 Q2/18 2020
GDP Growth Rate 0.2 0.3 0.3 0.2 0.3 0.5
GDP Annual Growth Rate 2 1.8 1.8 1.7 1.6 1.9
GDP 2619 2820 2820 3050 3050 3290
GDP Constant Prices 471524 478650 480960 482820 484800 511230
Gross National Product 494149 499580 502360 506570 509600 529390
Gross Fixed Capital Formation 78855 78910 79110 79210 79420 81940
GDP per capita 41603 42060 42060 42600 42600 43870
GDP per capita PPP 38901 39740 39740 40200 40200 41100
GDP From Agriculture 3110 3230 3250 3129 3127 3350
GDP From Construction 26637 25900 26120 26500 26469 27300
GDP From Manufacturing 41736 42500 42830 41905 41847 44700
GDP From Mining 7444 7590 7610 7494 7478 7990
GDP From Public Administration 18925 20870 21170 18825 18811 23400
GDP From Services 337630 340200 341900 342593 344321 374500
GDP From Transport 18292 18290 18370 18509 18526 19900