Civometry

OBR · 6 May 2005 – 11 May 2010

GDP growth forecasts during the Labour 2005–2010 government

2004 → 2009 · 5 periods

↓ 297.2%−6.9% per cent

GDP growth forecasts fell by 297.2% over the period, from 2.3% per cent (2004, the level when the government took office) to -4.6% (2009, the last complete period before it left office).

  1. Inherited level 2004: 2.3%
  2. Level when it left 2009: -4.6%
  3. method: latest complete period before start / before end

Changes during this period do not by themselves show what the government caused. Statistics reflect many influences, including earlier decisions, the economy and how the data is collected.

GDP growth forecasts: 1982 to 2024ConservativeConservativeConservativeConservativeLabourLabourLabourLabourLabourLabourCoalitionConservativeConservativeConservativeLabour-10%-5%0%5%19902000201020201982: 2% per cent · published 26 March 20261983: 4.2% per cent · published 26 March 20261984: 2.2% per cent · published 26 March 20261985: 4.1% per cent · published 26 March 20261986: 3.1% per cent · published 26 March 20261987: 5.5% per cent · published 26 March 20261988: 5.4% per cent · published 26 March 20261989: 2.4% per cent · published 26 March 20261990: 0.6% per cent · published 26 March 20261991: -1.4% per cent · published 26 March 20261992: 0.3% per cent · published 26 March 20261993: 2.3% per cent · published 26 March 20261994: 3.4% per cent · published 26 March 20261995: 2.4% per cent · published 26 March 20261996: 2.6% per cent · published 26 March 20261997: 4.9% per cent · published 26 March 20261998: 3.2% per cent · published 26 March 20261999: 2.9% per cent · published 26 March 20262000: 4.5% per cent · published 26 March 20262001: 2.4% per cent · published 26 March 20262002: 1.7% per cent · published 26 March 20262003: 3.2% per cent · published 26 March 20262004: 2.3% per cent · published 26 March 20262005: 2.8% per cent · published 26 March 20262006: 2.2% per cent · published 26 March 20262007: 2.9% per cent · published 26 March 20262008: -0% per cent · published 26 March 20262009: -4.6% per cent · published 26 March 20262010: 2.3% per cent · published 26 March 20262011: 0.9% per cent · published 26 March 20262012: 1.5% per cent · published 26 March 20262013: 1.7% per cent · published 26 March 20262014: 3.2% per cent · published 26 March 20262015: 2.1% per cent · published 26 March 20262016: 2.2% per cent · published 26 March 20262017: 3% per cent · published 26 March 20262018: 1.6% per cent · published 26 March 20262019: 1.3% per cent · published 26 March 20262020: -10% per cent · published 26 March 20262021: 8.5% per cent · published 26 March 20262022: 5.1% per cent · published 26 March 20262023: 0.3% per cent · published 26 March 20262024: 1.1% per cent · published 26 March 2026
Published valueProvisional or revisedLatestShaded bands: governments (see labels)Hover or use arrow keys to read a value

Definition and caveats

Real GDP growth in each calendar year: the outturn as the OBR last knew it, with every official forecast for the same year.

Doesn’t measure: The level of GDP, GDP per person, or nominal GDP.