UK Economy Stats 2023 Flashcards
1
Q
Economic growth in 2022
A
4.10%
2
Q
UK economy contraction in 2020
A
-11%
3
Q
Current growth figures in Q4 2022
A
0.10%
4
Q
Forecasted annual growth in 2023
A
-0.20%
5
Q
Projected peak negative output gap
A
1.60%
6
Q
GDP per capita
A
£33,000
7
Q
Total GDP
A
£2.4 trillion
8
Q
Services sector contribution to GDP
A
79%
9
Q
Manufacturing sector contribution to GDP
A
14%
10
Q
Construction sector contribution to GDP
A
6%
11
Q
Agriculture sector contribution to GDP
A
1%
12
Q
Unemployment rate
A
3.80%
13
Q
Employment rate
A
75.80%
14
Q
Economic inactivity rate
A
21.40%
15
Q
Youth unemployment rate
A
10.80%
