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GDP - International Comparisons: Key Economic Indicators

Published Friday, May 24, 2019

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

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GDP in the UK grew by 0.5% in Q1 2019 compared with the previous quarter. This compares with growth of 0.4% in the Eurozone and growth of 0.8% in the US.

Quarterly GDP growth in G7

Forecasts

On 24 May, the OECD released its latest set of forecasts. It raised slightly its GDP growth forecasts for the UK to 1.2% in 2019 and 1.0% in 2020, assuming a ‘smooth’ Brexit. Elsewhere, it warned that global trade tensions were “weighing on the world economy”.

 OECD G7 GDP growth forecasts

Commons Briefing papers SN02784

Author: Daniel Harari

Topics: Economic situation, International economic relations, World economy

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