Output gap measured as a difference between actual and potential gdp growth reached -2.31% in 2014 in the United Kingdom, according to the National Statistical Office. This is 1.96% more than in the previous year.
Historically, output gap measured as a difference between actual and potential GDP growth in the United Kingdom reached an all time high of 4.43% in 2007 and an all time low of -3.29% in 1992.
United Kingdom has been ranked 15th within the group of 34 countries we follow in terms of output gap measured as a difference between actual and potential GDP growth.
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