With COVID-19 extraordinary uncertainty, this Economic Outlook presents two possible scenarios, Please check the other forecast scenario: Single-hit

CountryInformation on item
FrequencyAnnual
Time2012201320142015201620172018201920202021
VariableUnit
External sectors, trade and paymentsCurrent account balance as a percentage of GDPInformation on itemPercentageInformation on item-3.431-4.760-4.722-4.906-5.211-3.490-3.865-3.782-3.637-3.660
Exchange rate, national currency per USDInformation on itemPound SterlingInformation on item0.6310.6400.6070.6540.7410.7770.7500.7840.8120.825
Exchange rate, USD per national currencyInformation on itemUS DollarInformation on item1.5851.5641.6471.5281.3551.2891.3351.2771.2331.213
Exports of goods and services, volume in USD (national accounts basis)Information on itemUS Dollar, 2015Information on item763 372 452 695.173772 346 509 230.865780 405 713 409.380809 861 320 313.248832 015 701 674.272882 778 278 621.139893 608 429 843.022936 775 093 228.148778 599 065 434.269756 121 671 605.640
Goods and services trade, volume in USDInformation on itemUS Dollar, 2015Information on item757 937 045 713.121775 374 385 061.618793 520 366 349.170830 053 495 622.841859 810 712 804.708900 741 549 222.549915 321 653 877.428958 315 949 521.992790 386 836 545.774768 002 921 560.773
Imports of goods and services, volume in USD (national accounts basis)Information on itemUS Dollar, 2015Information on item752 501 638 731.069778 402 260 892.371806 635 019 288.960850 245 670 932.435887 605 723 935.144918 704 819 823.959937 034 877 911.833979 856 805 815.836802 174 607 657.280779 884 171 515.906
Government accountsGeneral government gross financial assets as a percentage of GDPInformation on itemPercentageInformation on item38.19035.71935.17034.08434.17434.48934.34134.34134.34134.341
General government gross financial liabilities as a percentage of GDPInformation on itemRatioInformation on item107.540103.305113.325112.920122.550119.934116.618116.057142.170148.631
General government net lending as a percentage of GDPInformation on itemPercentageInformation on item-8.091-5.465-5.541-4.459-3.223-2.391-2.151-2.061-14.248-12.088
General government primary balance as a percentage of GDPInformation on itemPercentageInformation on item-5.557-2.971-3.182-2.452-1.0670.0290.029-0.169-12.254-10.197
Gross public debt, Maastricht criterion as a percentage of GDPInformation on itemPercentageInformation on item83.20984.15886.19386.92386.78986.24585.72485.412100.72398.311
Expenditure and GDPChange in inventories, contributions to changes in real GDPInformation on itemPercentage, 2016Information on item0.3310.6730.5090.022-0.717-0.5690.2920.183-0.6700.065
Exports of goods and services, volume (national accounts basis)Information on itemPound Sterling, 2016Information on item520 679 000 000.000526 800 000 000.000532 297 000 000.000552 388 000 000.000567 499 000 000.000602 123 000 000.000609 510 000 000.000638 953 000 000.000531 064 726 477.800515 733 407 015.097
Government final consumption expenditure, volumeInformation on itemPound Sterling, 2016Information on item365 617 000 000.000364 166 000 000.000371 391 000 000.000377 900 000 000.000381 522 000 000.000382 508 000 000.000384 153 000 000.000397 708 000 000.000442 101 970 514.034459 787 414 307.269
Gross capital formation, total, volumeInformation on itemPound Sterling, 2016Information on item285 949 000 000.000307 796 000 000.000336 938 000 000.000349 235 000 000.000347 227 000 000.000341 477 000 000.000346 414 000 000.000351 936 000 000.000256 769 525 705.362270 684 520 116.598
Gross domestic product, nominal value, market pricesInformation on itemPound SterlingInformation on item1 712 320 000 000.0001 782 109 000 000.0001 861 965 000 000.0001 916 896 000 000.0001 995 478 000 000.0002 071 667 000 000.0002 144 304 000 000.0002 214 888 000 000.0001 934 049 380 480.9402 040 543 081 302.920
Gross domestic product, volume in USD, at constant purchasing power paritiesInformation on itemUS Dollar, 2015Information on item2 580 916 380 367.4402 636 136 161 591.7402 704 874 190 966.0202 768 582 470 479.4702 821 691 085 962.3602 875 079 681 898.5702 913 626 485 723.6902 954 669 074 902.8502 542 091 645 001.8102 668 551 350 498.130
Gross domestic product, volume in USD, constant exchange ratesInformation on itemUS Dollar, 2015Information on item2 730 464 797 456.0102 788 884 229 369.0702 861 605 209 746.6802 929 004 996 830.5302 985 190 933 779.4103 041 673 074 347.1203 082 453 431 161.2903 125 874 188 921.0602 689 390 404 657.8602 823 177 681 448.750
Gross domestic product, volume, market pricesInformation on itemPound Sterling, 2016Information on item1 825 204 000 000.0001 864 255 000 000.0001 912 866 000 000.0001 957 920 000 000.0001 995 478 000 000.0002 033 234 000 000.0002 060 494 000 000.0002 089 519 000 000.0001 797 747 448 975.2101 887 178 769 597.010
Gross fixed capital formation, total, volumeInformation on itemPound Sterling, 2016Information on item290 013 000 000.000300 059 000 000.000319 840 000 000.000331 619 000 000.000343 694 000 000.000349 306 000 000.000348 521 000 000.000350 484 000 000.000267 637 883 354.021280 455 209 634.581
Imports of goods and services, volume (national accounts basis)Information on itemPound Sterling, 2016Information on item508 522 000 000.000526 025 000 000.000545 104 000 000.000574 575 000 000.000599 822 000 000.000620 838 000 000.000633 225 000 000.000662 163 000 000.000542 089 764 113.963527 026 438 555.499
Net exports, contributions to changes in real GDPInformation on itemPercentage, 2016Information on item-0.406-0.720-0.820-0.541-0.5190.682-0.2580.0160.606-0.008
Private final consumption expenditure, volumeInformation on itemPound Sterling, 2016Information on item1 158 693 000 000.0001 189 775 000 000.0001 217 018 000 000.0001 253 350 000 000.0001 299 051 000 000.0001 327 764 000 000.0001 348 747 000 000.0001 363 303 000 000.0001 111 086 665 815.9101 168 915 462 971.570
Selected variables: ready-made growth ratesExports of goods and services, volume, growth (national accounts basis)Information on itemPercentage, 2016Information on item0.5591.1761.0433.7742.7366.1011.2274.831-16.885-2.887
Government final consumption expenditure, volume, growthInformation on itemPercentage, 2016Information on item1.068-0.3971.9841.7530.9580.2580.4303.52911.1624.000
Gross domestic product, market prices, deflator, growthInformation on itemPercentage, 2016Information on item1.6621.8961.8260.5812.1401.8902.1371.8571.4920.506
Gross domestic product, nominal value, growthInformation on itemPercentageInformation on item3.1654.0764.4812.9504.0993.8183.5063.292-12.6805.506
Gross domestic product, volume, growthInformation on itemPercentage, 2016Information on item1.4792.1402.6082.3551.9181.8921.3411.409-13.9644.975
Gross fixed capital formation, total, volume, growthInformation on itemPercentage, 2016Information on item1.9703.4646.5923.6833.6411.633-0.2250.563-23.6384.789
Harmonised core inflationInformation on itemPercentage, 2016Information on item2.1561.9621.5651.0691.1662.2902.0691.7040.7830.293
Harmonised headline inflationInformation on itemPercentage, 2016Information on item2.8012.5681.4720.0500.6422.6912.4751.7780.6220.049
Imports of goods and services, volume, growth (national accounts basis)Information on itemPercentage, 2016Information on item1.8263.4423.6275.4064.3943.5041.9954.570-18.133-2.779
Private final consumption expenditure, volume, growthInformation on itemPercentage, 2016Information on item1.5972.6832.2902.9853.6462.2101.5801.079-18.5005.205
Household sector accountsGross disposable income of household and non-profit institutions serving householdsInformation on itemPound SterlingInformation on item1 167 913 000 000.0001 211 910 000 000.0001 255 665 000 000.0001 322 539 000 000.0001 346 013 000 000.0001 382 730 000 000.0001 452 493 000 000.0001 489 990 000 000.0001 356 407 625 910.8801 394 499 652 716.070
Prices and deflatorsConsumer price index, harmonisedInformation on itemIndex, 2016Information on item0.9540.9790.9930.9941.0001.0271.0521.0711.0781.078
Core inflation index, harmonisedInformation on itemIndex, 2016Information on item0.9440.9630.9780.9881.0001.0231.0441.0621.0701.073
Exports of goods and services, deflator (national accounts basis)Information on itemIndex, 2016Information on item0.9861.0130.9970.9601.0001.0451.0771.0931.0871.090
Gross domestic product, market prices, deflatorInformation on itemIndex, 2016Information on item0.9380.9560.9730.9791.0001.0191.0411.0601.0761.081
Imports of goods and services, deflator (national accounts basis)Information on itemIndex, 2016Information on item1.0491.0581.0210.9691.0001.0541.0841.0941.0961.107
Purchasing power parity, national currency per USDInformation on itemPound SterlingInformation on item0.7020.6950.6980.6920.6890.6820.6870.6890.6880.688
Labour marketsLabour forceInformation on itemPersonsInformation on item32 268 000.00032 517 250.00032 779 250.00033 065 250.00033 376 750.00033 533 250.00033 819 250.00034 104 250.00034 438 290.65334 660 833.448
Total employment (labour force survey basis)Information on itemPersonsInformation on item29 697 000.00030 043 250.00030 753 500.00031 284 750.00031 743 500.00032 057 000.00032 439 250.00032 798 750.00030 856 321.36931 178 006.170
Unemployment rateInformation on itemPercentageInformation on item7.9687.6086.1805.3854.8934.4024.0813.82810.40110.048
Monetary dataLong-term interest rate on government bondsInformation on itemPercentageInformation on item1.9182.3902.5691.9011.3051.2361.4610.9360.3760.300
Short-term interest rateInformation on itemPercentageInformation on item0.8270.5130.5430.5740.4990.3590.7230.8080.2430.100
Data extracted on 10 Jul 2020 22:53 UTC (GMT) from OECD.Stat

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