The United Kingdom's gross domestic product is forecast to amount to 2,651 billion British pounds by 2025, and 3,361 billion British pounds by 2025. However, the coronavirus (COVID-19) pandemic accelerated the investments in digital tech which also impacted the country's GDP. By 2025, it is expected that UK's GDP will increase by 2.8 percent due to tech investments, and by nearly seven percent in 2040.
Long-term gross domestic product growth from investment in digital technology in the United Kingdom from 2020 to 2040
(in billion British pounds)
Characteristic
Baseline GDP
Uplifted GDP (with accelerated technology adoption)
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Virgin Media. (February 1, 2021). Long-term gross domestic product growth from investment in digital technology in the United Kingdom from 2020 to 2040 (in billion British pounds) [Graph]. In Statista. Retrieved December 23, 2024, from https://www.statista.com/statistics/1295712/uk-gdp-growth-from-investment-in-digital-tech/
Virgin Media. "Long-term gross domestic product growth from investment in digital technology in the United Kingdom from 2020 to 2040 (in billion British pounds)." Chart. February 1, 2021. Statista. Accessed December 23, 2024. https://www.statista.com/statistics/1295712/uk-gdp-growth-from-investment-in-digital-tech/
Virgin Media. (2021). Long-term gross domestic product growth from investment in digital technology in the United Kingdom from 2020 to 2040 (in billion British pounds). Statista. Statista Inc.. Accessed: December 23, 2024. https://www.statista.com/statistics/1295712/uk-gdp-growth-from-investment-in-digital-tech/
Virgin Media. "Long-term Gross Domestic Product Growth from Investment in Digital Technology in The United Kingdom from 2020 to 2040 (in Billion British Pounds)." Statista, Statista Inc., 1 Feb 2021, https://www.statista.com/statistics/1295712/uk-gdp-growth-from-investment-in-digital-tech/
Virgin Media, Long-term gross domestic product growth from investment in digital technology in the United Kingdom from 2020 to 2040 (in billion British pounds) Statista, https://www.statista.com/statistics/1295712/uk-gdp-growth-from-investment-in-digital-tech/ (last visited December 23, 2024)
Long-term gross domestic product growth from investment in digital technology in the United Kingdom from 2020 to 2040 (in billion British pounds) [Graph], Virgin Media, February 1, 2021. [Online]. Available: https://www.statista.com/statistics/1295712/uk-gdp-growth-from-investment-in-digital-tech/
