Nominal GDP for the UK was £2,317bn in 2021, down from £2,112bn in 2020. The UK population was estimated at 67.3m in 2021 according to the IMF, while the United States is the UK’s biggest trading partner.
Variables Surveyed for the United Kingdom
Variables covered in our monthly analysis of the UK include:
Consensus Forecasts for the UK
Individual panellist forecasts are shown for each of the variables surveyed, along with the consensus (mean) forecast. The rows of forecasts are ranked by the GDP growth estimate for the current year, highest to lowest. In the hard copy and pdf version of the publication, we also show selected “comparison forecasters” including the Office for Budget Responsibility (OBR), IMF and OECD. The table below shows a small example set of forecasts for GDP growth and Consumer Prices (CPI), taken from our survey of September 2022.
Source: Conensus Forecasts – G-7 and Western Europe, September 2022