GDP International Comparisons: data and forecasts for the UK and the world's largest economies.

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UK GDP fell by 2.0% in Q1 2020, compared with the previous quarter. This compares with -3.8% in the Eurozone and -1.2% in the US. In Germany, GDP fell by 2.2%, while in France it declined by 5.8%.

G7 quarterly GDP growth Q1 2020 

Forecasts

The IMF’s most recent forecasts, published 14 April, projected a sharp contraction in much of the world economy in 2020 due to Covid-19. The expected recovery results in higher than usual growth in 2021.

IMF GDP growth forecast 2020 for G7

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