Economic Statistics by Country Economic Statistics by Indicator Economic Statistics by Year Price Index Indicators
United Kingdom (UK, Great Britain or the British Isles) Output Gap, Percent of Potential GDP Statistics

28, May 2012, CEST. Welcome to the beta version of Econ Stats, the Economic Statistics Database service provided by EconomyWatch.com.

Country or Region: United Kingdom (UK, Great Britain or the British Isles) › Change country
Economic Indicator: Output Gap, Percent of Potential GDP › See all United Kingdom indicators, › See Output Gap, Percent of Potential GDP data for all countries
Detailed Analysis for Year: 2010 › Change year
Full Dataset: from 1980 to 2016
Dataset updated: 1st August 2011
Data Source: International Monetary Fund (IMF)
National or Regional Currency: United Kingdom Pound (Sterling)
Currency Symbol: GBP

Output gaps for advanced economies are calculated as actual GDP less potential GDP as a percent of potential GDP. Estimates of output gaps are subject to a significant margin of uncertainty. See notes for: Gross domestic product, constant prices (National currency).

Output Gap, Percent of Potential GDP Statistics for United Kingdom (UK, Great Britain or the British Isles), Year 2010 - In Detail

Output Gap, Percent of Potential GDP for United Kingdom in year 2010 is -2.72 %

This makes United Kingdom No. 13 in world rankings according to Output Gap, Percent of Potential GDP in year 2010. The world's average Output Gap, Percent of Potential GDP value is -0.36 %; United Kingdom is 2.36 less than the average.

In the previous year, 2009, Output Gap, Percent of Potential GDP for United Kingdom was -3.70 % Output Gap, Percent of Potential GDP for United Kingdom in 2010 was or will be 26.41% less than it was or will be in 2009.

In the following or forecasted year, 2011, Output Gap, Percent of Potential GDP for United Kingdom was or will be -2.59 %, which is 4.89% less than the 2010 figure.

* Source: IMF
Output Gap, Percent of Potential GDP for United Kingdom, in other Years
Year %
  2016 -0.287
  2015 -0.843
  2014 -1.376
  2013 -1.83
  2012 -2.286
  2011 -2.587
2010 -2.72
  2009 -3.696
  2008 0.731
  2007 0.982
  2006 0.26
  2005 -0.301
  2004 0.066
  2003 -0.355
  2002 -0.376
  2001 0.368
  2000 0.709
  1999 -0.282
  1998 -0.005
  1997 -0.233
  1996 -0.267
  1995 -0.292
  1994 -0.476
  1993 -2.381
  1992 -3.1
  1991 -2.176
  1990 0.622
  1989 1.449
  1988 2.048
  1987 -0.223
  1986 -1.11
  1985 -1.959
  1984 -2.338
  1983 -1.415
  1982 -2.744
  1981 -3.325
  1980 -0.882