UK STATS Flashcards
(6 cards)
1
Q
Inflationary Spiral
A
24.24% in 1975 UK
2
Q
Unemployment Rate
A
4.5% - 3 million people
3
Q
Inflation Rate as of May 2025 and current base rate
A
2.6% inflation
4.25% base rate
4
Q
Current Account in UK and US
A
USA - 4.1% of GDP
UK - 2.6% of GDP
Q4 2024
5
Q
UK public debt / budget deficit
A
PUBLIC DEBT (total BD) = 2.6T / 96% of GDP - good way to remember GDP as well.
Budget / Fiscal deficit = 131Bn / 4.8% of GDP
6
Q
A