This statistic shows the predicted change in the difference between actual gross domestic product (GDP) and potential GDP in the United Kingdom (UK) from 2017 to 2023. The output gap is forecasted to decrease year by year, reaching a forecasted zero percent of the GDP output gap by 2023.
Forecasted percentage change on a year earlier of gross domestic output gap in the United Kingdom (UK) from 2017 to 2023
Characteristic
Percentage change
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Office for Budget Responsibility. (March 13, 2019). Forecasted percentage change on a year earlier of gross domestic output gap in the United Kingdom (UK) from 2017 to 2023 [Graph]. In Statista. Retrieved August 24, 2024, from https://www.statista.com/statistics/374717/output-gap-forecast-united-kingdom/
Office for Budget Responsibility. "Forecasted percentage change on a year earlier of gross domestic output gap in the United Kingdom (UK) from 2017 to 2023." Chart. March 13, 2019. Statista. Accessed August 24, 2024. https://www.statista.com/statistics/374717/output-gap-forecast-united-kingdom/
Office for Budget Responsibility. (2019). Forecasted percentage change on a year earlier of gross domestic output gap in the United Kingdom (UK) from 2017 to 2023. Statista. Statista Inc.. Accessed: August 24, 2024. https://www.statista.com/statistics/374717/output-gap-forecast-united-kingdom/
Office for Budget Responsibility. "Forecasted Percentage Change on a Year Earlier of Gross Domestic Output Gap in The United Kingdom (Uk) from 2017 to 2023." Statista, Statista Inc., 13 Mar 2019, https://www.statista.com/statistics/374717/output-gap-forecast-united-kingdom/
Office for Budget Responsibility, Forecasted percentage change on a year earlier of gross domestic output gap in the United Kingdom (UK) from 2017 to 2023 Statista, https://www.statista.com/statistics/374717/output-gap-forecast-united-kingdom/ (last visited August 24, 2024)
Forecasted percentage change on a year earlier of gross domestic output gap in the United Kingdom (UK) from 2017 to 2023 [Graph], Office for Budget Responsibility, March 13, 2019. [Online]. Available: https://www.statista.com/statistics/374717/output-gap-forecast-united-kingdom/