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 0.5% 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.
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”.
Commons Briefing papers SN02784
Author: Daniel Harari