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GDP - International Comparisons: Key Economic Indicators

Published Thursday, May 26, 2016

GDP International Comparisons: data and forecasts for the UK and the world's largest economies.

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Real GDP in the UK grew by 0.4% in Q1 2016 compared with the previous quarter. In the same quarter, the Eurozone saw growth of 0.5%, while the US grew by 0.2%.

Q1 2016 GDP growth forecasts for G7

Forecasts

On 1 June, the OECD lowered its 2016 GDP growth forecast for the UK from 2.1% (at the time of the last forecast in February) to 1.7%. The 2017 growth forecast was unchanged at 2.0%. The Eurozone 2016 growth forecast was revised higher from 1.4% to 1.6%.

OECD GDP growth forecasts for 2016

 

Commons Briefing papers SN02784

Author: Daniel Harari

Topics: Economic situation, International economic relations, World economy

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