UK Macro Data 2024 Flashcards

1
Q

Growth Rate

A

0.1%

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2
Q

Quarterly Growth Rate

A

-0.3%

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3
Q

Forecasted Growth Rate (2024-2025)

A

0.8%
(Increase)

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4
Q

Core Inflation

A

4.2%
(Increase)

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5
Q

Output Gap

A

-0.1%

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6
Q

GDP per Capita

A

£36,000

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7
Q

Total GDP

A

£2.53 Billion

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8
Q

Make up of UK Economy by sector

A

Services: 79%
Manufacturing: 14%
Construction: 6%
Agriculture: 1%

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9
Q

Unemployment

A

4.2%

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10
Q

Wage Growth

A

5.6%
(Real Increase)

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11
Q

Inflation

A

3.2%

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12
Q

Producer Price Inflation

A

0.6%
(Cost Falling)

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13
Q

Inflation Expectations (2023 - 2024)

A

3.3%

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14
Q

Current Account Deficit

A

3.3%

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15
Q

Base Interest Rate

A

5.2%

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16
Q

Savings Ratio

A

10.5%

17
Q

Budget Deficit

A

4.2%

18
Q

Minimum Wage

A

£11.44

19
Q

National Debt (% of GDP)

A

98.6%

20
Q

Corporation Tax Rate

A

25%

21
Q

Gini Coefficient

A

0.357

22
Q

Gini Coefficient Ranking

A

57/190

23
Q

HDI

A

0.94

24
Q

HDI Ranking

A

7/190

25
Q
A