Gross fixed capital formation (GFCF) in the UK fell by 1 percent in the first quarter of 2020, marking the second consecutive quarter of decline, due to falls in investment in dwellings as well as government investment. Meanwhile, business investment was flat.
Gross Fixed Capital Formation in the United Kingdom averaged 52302.54 GBP Million from 1955 until 2020, reaching an all time high of 88201 GBP Million in the fourth quarter of 2017 and a record low of 13983 GBP Million in the first quarter of 1955. This page provides the latest reported value for - United Kingdom Gross Fixed Capital Formation - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. United Kingdom Gross Fixed Capital Formation - values, historical data and charts - was last updated on June of 2020. source: Office for National Statistics
Gross Fixed Capital Formation in the United Kingdom is expected to be 79969.00 GBP Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Gross Fixed Capital Formation in the United Kingdom to stand at 84028.00 in 12 months time.