GDP International Comparisons: data and forecasts for the UK and the world's largest economies.Jump to full report >>
GDP in the UK grew by 0.2% in Q4 2018 compared with the previous quarter. The Eurozone also saw growth of 0.2%, with Germany at 0.0%. Data for the US showed growth of 0.5%.
On 9 April, the IMF downgraded its forecasts for most of the world’s largest economies. The IMF lowered its GDP growth forecast for the UK in 2019 from 1.5% to 1.2%, assuming a ‘smooth’ Brexit. Eurozone GDP growth forecasts for 2019 were cut from 1.6% to 1.3%.
Commons Briefing papers SN02784
Author: Daniel Harari