Macroeconomy stats 2019 Flashcards
What is the most recent annual GDP growth rate?
1.4% (2018)
What is the most recent quarterly GDP growth rate?
0.2% (last quarter of 2018)
What is the state of the current output gap?
There is a positive output gap of size 0.2% of GDP
What is the real GDP per capita?
£29,000
What is the total GDP?
£2tn
How is the GDP split up by percentage?
79% services, 14% manufacturing, 6% construction, 1% agriculture
What is the current unemployment rate?
3.9%
What is the current youth unemployment rate?
11%
What is the current long-term (>= 1 year) unemployment rate?
1.1%
What is the rate of wage growth?
3.4%
What state is consumer confidence in?
Weakening
What is the CPI inflation rate?
1.9%
What is the core inflation rate?
1.8%
What is the producer price inflation?
2.4%
What are inflation expectations?
2.7%
How large is the current account deficit?
4.4% of GDP
What state are productivity and investment in?
Very weak, barely grown since pre-crisis rates
What is the exchange rate for $/£ and euros/£?
£1 = $1.30 and £1 = 1.16 euros
At what rate is the Eurozone economy growing?
About 1% on average
What is the state of the US economy for employment and growth?
Full employment, around 3% annual growth
How large is the budget deficit?
2% of GDP
What are the yields on government bonds?
1%
What is the gini coefficient?
0.34
What are the marginal rates of income tax?
Up to £12,500 is tax free
£12,500-£50,000 is 20%
£50,000-£150,000 is 40%
£150,000+ is 45%
