2025 Econplusdal Macroeconomy Stats Flashcards
(33 cards)
What is the annual economic growth for 2024?
1.1%
What is the quarterly economic growth?
0%
What is the annual growth forecast?
1%
What is the output gap?
-0.6%
What is the GDP per capita?
£36,000
What is the total GDP?
£2.85 trillion
What percentage of the GDP is from services?
79%
What percentage of the GDP is from manufacturing?
14%
What is the unemployment rate?
4.4%
What is the economic inactivity rate?
21%
What is the employment rate?
75%
What is the current consumer confidence level?
weak
What is the CPI (Consumer Price Index)?
2.6%
What are the inflation expectations?
3.9%
What is the wage growth rate?
5.9%
What is the current account deficit as a percentage of GDP?
2.6%
What is the productivity and investment status?
poor
What is the minimum wage?
£12.21
What is the current exchange rate for £ to $?
£1 = $1.32
US trade is slowing
What is the current exchange rate for £ to €?
£ = €1.16
European trade is stagnating
What is the budget deficit as a percentage of GDP?
4.8% (£140 billion)
What is the national debt as a percentage of GDP?
95.5%
What are the income tax bands?
£12,500 tax free, then 20%, 40%, 45% - frozen until April 2028
What is the corporation tax rate?
25%