Uk Economy Growth 2024. What about more recent data? The uk economy would be £143.3bn (6.3%) larger on an annualised basis in 2024q1 if it had grown at the oecd average from 2010q2 to 2024q1:
Despite weak projected growth in 2024, the uk will still outperform. Output fell 0.3 per cent month on month in october, suggesting the uk is at risk of a technical recession if there is a contraction.