Economic Growth

(asked on 21st December 2017) - View Source

Question to the HM Treasury:

To ask Her Majesty's Government what were (1) the International Monetary Fund predictions of the UK growth rate, and (2) the actual growth rate, over the last five years.


Answered by
Lord Bates Portrait
Lord Bates
This question was answered on 9th January 2018

Forecasts for UK GDP growth published in the International Monetary Fund’s World Economic Outlook over the last five years are summarised in the table below.

GDP growth (%)

2013

2014

2015

2016

2017

Growth rate

2.1

3.1

2.3

1.9

IMF forecasts

Apr 2013

0.7

1.5

Oct 2013

1.4

1.9

Apr 2014

2.9

2.5

Oct 2014

3.2

2.7

Apr 2015

2.7

2.3

Oct 2015

2.5

2.2

Apr 2016

1.9

2.2

Oct 2016

1.8

1.1

Apr 2017

2.0

Oct 2017

1.7

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