UK Statistics

Question 1

Annual Growth Rate (2018):

Answer 1

1.4%

Question 2

Quarterly Growth Rate Q4 (2018):

Answer 2

0.2%

Question 3

Growth Forecasts (2019):

Answer 3

1.2%

Question 4

Output Gap:

Answer 4

predicted 0.2% of GDP (OBR)

Question 5

Real GDP per capita:

Answer 5

£29,000

Question 6

Total GDP:

Answer 6

£2 Trillion

Question 7

Agriculture (GDP%)

Answer 7

1%

Question 8

Construction (GDP%)

Answer 8

6%

Question 9

Manufacturing (GDP%)

Answer 9

14%

Question 10

Services (GDP%)

Answer 10

79%

Question 11

Unemployment Rate

Answer 11

3.9%

Question 12

Youth Unemployment Rate

Answer 12

11%

Question 13

Long term unemployment

Answer 13

1.1%

Question 14

Wage Growth

Answer 14

3.4%

Question 15

Consumer Confidence

Answer 15

Weakening

Question 16

Income tax bands:

Answer 16

0% (up to £12,500), 20% (£12,500 to £50,000), 40% (£50,000 to £150,000), 45% (£150,000

Question 17

Income tax bands (2010):

Answer 17

0% (up to £6,500), 20% (£6,500 to £37,800)

Question 18

CPI inflation rate:

Answer 18

1.9%

Question 19

Core inflation:

Answer 19

1.8%

Question 20

Producer Price inflation:

Answer 20

2.4%

Question 21

Inflation expectations

Answer 21

2.7%

Question 22

Current Account deficit

Answer 22

4.4% of GDP

Question 23

State of productivity and investment

Answer 23

Weak

Question 24

State of Eurozone Economy

Answer 24

Slowing - Annual growth of 1%

Question 25

State of the US economy

Answer 25

High employment - Annual growth of 3%

Question 26

What is Core inflation rate?

Answer 26

A measure of inflation without price volatile goods e.g. fuel, oil, gas, food and clothes prices

Question 27

UK productivity compared with the average of G7 countries:

Answer 27

19% lower

Question 28

Since the crisis what has happened to UK productivity?

Answer 28

Remained low

Question 29

Budget Deficit

Answer 29

2% - Expected to fall to 0.8% (2023)

Question 30

National Debt

Answer 30

83% - expected to fall to 74% (2023)

Question 31

Corporation tax

Answer 31

19%

Question 32

VAT

Answer 32

20%

Question 33

Base interest rate

Answer 33

0.75%

Question 34

Average lending rate

Answer 34

1%

Question 35

The behaviour of the housing market

Answer 35

Flat - low to zero growth