GDP International Comparisons: data and forecasts for the UK and the world's largest economies.Jump to full report >>
Real GDP in the UK grew by 0.7% in Q4 2016 compared with the previous quarter. In the same quarter, the US saw growth of 0.5%, the Eurozone 0.4% and Japan 0.3%.
On 7 March, the OECD raised its 2017 GDP growth forecast for the UK from 1.2% (in November) to 1.6%, a result of the stronger-than-expected growth towards the end of 2016. However, it forecasts growth to slow as a result of the consequences of higher inflation.
Commons Briefing papers SN02784
Author: Daniel Harari