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For comparison, all figures are converted into pounds sterling and US dollars according to annual average exchange rates. [1] [n 1] All values are given in millions, and converted values are rounded to the nearest whole number. Note that 2021 was an exceptional year because of the fall in GDP in 2020 which averaged 11.0% across the country.
This is a list of recessions (and depressions) that have affected the economy of the United Kingdom and its predecessor states. In the United Kingdom a recession is generally defined as two successive quarters of negative economic growth, as measured by the seasonally adjusted quarter-on-quarter figures for real GDP. Name Dates Duration Real GDP reduction Causes Other data Great Slump c. 1430 ...
This list is not to be confused with the list of countries by real GDP per capita growth, which is the percentage change of GDP per person taking into account the changing population of the country. List of countries by GNI per capita growth measures changes in gross national income per capita.
In the 20-year period from 1986/87 to 2006/07 government spending in the UK averaged around 40% of GDP. [132] In July 2007, the UK had government debt at 35.5% of GDP . [ 133 ] As a result of the 2007–2010 financial crisis and the late-2000s global recession , government spending increased to a historically high level of 48% of GDP in 2009 ...
Gross domestic product (GDP) increased by 0.5% between April and June, revised down from an initial estimate of 0.6%. UK economic growth weaker than first thought over spring, figures show Skip to ...
The Confederation of British Industry, which represents 190,000 businesses, said it expects UK GDP to grow by just 1.2% in 2020. The Confederation of British Industry, which represents 190,000 ...
This is a list of cities and conurbations in the United Kingdom sorted by their GDP, a measure of the value of goods and services produced in an area, industry or sector of an economy. The Office for National Statistics produces GDP data in terms of International Territorial Level (ITL). The lowest spatial area for which they are made is ITL 3.
UK GDP is expected to grow by 1 per ... EY suggested that persistent inflation will lead to one interest rate cut per quarter this year, with UK interest rates due to reach 3.75 per cent by the ...