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GDP - International Comparisons: Key Economic Indicators

Published Friday, September 23, 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 0.6% in Q2 2016 compared with the previous quarter. In the same quarter, the Eurozone and the US both saw growth of 0.3%.

Q2 2016 GDP growth in G7

Forecasts

On 21 September, the OECD raised its 2016 GDP growth forecast for the UK slightly from 1.7% (at the time of the last forecast in June) to 1.8% but lowered its 2017 forecast from 2.0% to 1.0% citing the UK’s decision to leave the EU as the reason for its downgrade.

OECD forecasts for 2016 GDP growth

 

Commons Briefing papers SN02784

Author: Daniel Harari

Topics: Economic situation, International economic relations, World economy

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