Business investment in the UK rose 8.8 percent on quarter in the third quarter of 2020, following a 26.5 percent slump in the previous period though it is still 20.5 percent below where it was at the end of 2019. Growth was driven by increases in investment in buildings, ICT equipment and transport, preliminary estimates showed. Year-on-year, business investment dropped 20.7 percent. source: Office for National Statistics
Private Investment in the United Kingdom averaged 0.96 percent from 1967 until 2020, reaching an all time high of 60.70 percent in the second quarter of 2005 and a record low of -33.70 percent in the third quarter of 2005. This page provides - United Kingdom Business Investment- actual values, historical data, forecast, chart, statistics, economic calendar and news. United Kingdom Business Investment - data, historical chart, forecasts and calendar of releases - was last updated on November of 2020.
Private Investment in the United Kingdom is expected to be -2.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Private Investment in the United Kingdom to stand at 0.60 in 12 months time. In the long-term, the United Kingdom Business Investment is projected to trend around 2.50 percent in 2021 and 0.80 percent in 2022, according to our econometric models.