UK Economy Stats 2024 Flashcards
1
Q
Annual Growth rate (2023)
A
0.1%
2
Q
Output gap
A
-0.1%
3
Q
GDP/capita
A
£36,000
4
Q
Total GDP
A
£2.53 billion
5
Q
Unemployment rate
A
4.2%
6
Q
Natural rate of unemployment UK
A
3.5%
7
Q
Consumer confidence
A
Very weak
8
Q
Wage growth
A
5.6%
9
Q
Economic inactivty rate
A
22.2%
10
Q
Job vacancies
A
Falling (loose labour market)
11
Q
Employment rate
A
74.5%
