The British economy expanded 24.6 percent year-on-year in May of 2021, slightly less than forecasts of 25.9 percent. source: Office for National Statistics
Economic Activity Index in the United Kingdom averaged 1.62 percent from 1998 until 2021, reaching an all time high of 27.40 percent in April of 2021 and a record low of -24.40 percent in April of 2020. This page provides - United Kingdom GDP YoY- actual values, historical data, forecast, chart, statistics, economic calendar and news. United Kingdom GDP YoY - values, historical data and charts - was last updated on July of 2021.
Economic Activity Index in the United Kingdom is expected to be 7.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Economic Activity Index in the United Kingdom to stand at 4.50 in 12 months time. In the long-term, the United Kingdom GDP YoY is projected to trend around 6.50 percent in 2022 and 1.70 percent in 2023, according to our econometric models.