Application Flashcards
1
Q
Inflation
A
3.2% (March 2024), peaked at 11.1% in Nov 2022
2
Q
Real GDP growth
A
0.1% in 2023, shallow recession
3
Q
BoE base rate
A
5.25% (April)
4
Q
Unemployment rate
A
4.2 %
5
Q
Yield on 10-year government debt
A
4%
6
Q
Sterling-Dollar exchange rate
A
1=1.27 (may)
7
Q
GDP per capita PPP
A
46,000; USA 70k; Ireland 90k
8
Q
Budget deficit in 2023
A
4.5% of GDP (15% in 2021)
9
Q
National debt
A
2.4 trillion 98 of GDP
10
Q
Tax burden
A
Rising to 38% of GDP by 2027
11
Q
Trade deficit in goods and services
A
37 billion
12
Q
Current account deficit
A
3.1% of GDP in 2022
13
Q
Competitiveness rankings
A
23rd in 2022, 18th in 2021
14
Q
HDI ranking
A
15th in 2023
