UK Economy Stats 2024 Flashcards
1
Q
Annual Growth Rate
A
0.1% (2023) - stagnating
2
Q
Output Gap
A
-0.1%
3
Q
GDP/Capita
A
£36,000
4
Q
Total GDP
A
≈ £2.35 Trillion
5
Q
Inflation Rate (CPI)
A
3.2% (Disinflationary Pressure)
6
Q
National Debt
A
98% GDP
7
Q
Corporation Tax
A
25%
8
Q
VAT
A
20%
9
Q
Gini Coefficient
A
0.357
10
Q
Unemployment Rate
A
4.2% (↑ - Cyclical)
11
Q
Employment rate
A
74.5%
12
Q
Economic Inactivity Rate
A
22.2% (↑)
13
Q
Consumer Confidence
A
Very Week
14
Q
Current Account Deficit
A
3.2% GDP
15
Q
Productivity & Investment
A
Very Poor
