Output gap forecast comparison UK 2017-2022

Forecasted output gap in the United Kingdom (UK) from 2017 to 2022, by institution*

Output gap forecast comparison UK 2017-2022 This statistic shows a comparison of output gap predictions in the United Kingdom (UK) from 2017 to 2022. In 2019, Oxford Economics predicts that the UK will have a negative output gap of one percent, compared with the International Monetary Fund (IMF), who forecast a negative output gap of 0.2 percent. The Office for Budget Responsibility (OBR) estimates that the UK will have a positive output gap of 0.1 percent in 2019.
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Forecasted output gap in the United Kingdom (UK) from 2017 to 2022, by institution*

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OBRIMFOxford Economics
20170.2%-0.1%-2.2%
20180.3%-0.2%-1.2%
20190.1%-0.2%-1%
20200%-0.1%-0.7%
20210%0%-0.4%
20220%0%-0.3%
OBRIMFOxford Economics
20170.2%-0.1%-2.2%
20180.3%-0.2%-1.2%
20190.1%-0.2%-1%
20200%-0.1%-0.7%
20210%0%-0.4%
20220%0%-0.3%
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This statistic shows a comparison of output gap predictions in the United Kingdom (UK) from 2017 to 2022. In 2019, Oxford Economics predicts that the UK will have a negative output gap of one percent, compared with the International Monetary Fund (IMF), who forecast a negative output gap of 0.2 percent. The Office for Budget Responsibility (OBR) estimates that the UK will have a positive output gap of 0.1 percent in 2019.
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Release date
March 2018
Region
United Kingdom
Survey time period
March 2018
Supplementary notes
*Publication dates differed:
Office for Budget Responsibility (OBR): March 2018
International Monetary Fund (IMF): October 2017
Oxford Economics: February 2018
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Statistics on "Gross Domestic Product of the UK"
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