UK Growth

Question 1

What was the annual growth rate in 2023?

Answer 1

0.1%

Question 2

How much did the economy shrink by in quarter 4 of 2023?

Answer 2

-0.3%

Question 3

What is the annual growth forecast for the economy for 2024?

Answer 3

0.8% (very low)

Question 4

Wage growth has caused GDP per capita to rise to…

Answer 4

£36,000

Question 5

What is the total GDP of the UK economy estimated to be

Answer 5

£2.52 billion

Question 6

What percentage does service sector output contribute to total GDP?

Answer 6

79% (very large)

Question 7

What percentage does Manufacturing contribute to total GDP?

Answer 7

14%

Question 8

What percentage does construction the economy contribute to total GDP?

Answer 8

6%

Question 9

What percentage does agricultural output contribute to total GDP?

Answer 9

1%