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GDP - International Comparisons: Key Economic Indicators

Published Friday, August 17, 2018

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 0.4% in Q2 2018 compared with the previous quarter. The Eurozone also saw growth of 0.4%, while the US recorded growth of 1.0% during the same quarter.

G7 quarterly GDP growth

Forecasts

The IMF released new forecasts on 16 July, lowering its UK GDP growth forecast for 2018 to 1.4% from 1.6% in their previous April forecast. Its 2019 forecast was unchanged at 1.5%. 2018 forecasts for other large European economies were also lowered.

IMF forecasts for GDP growth in 2018 

Commons Briefing papers SN02784

Author: Daniel Harari

Topics: Economic situation, International economic relations, World economy

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