GDP growth forecasts: record highs and lows

The extremes of gdp growth forecasts as published by OBR, across the 43 periods held here (1982 to 2024). Each record is a published figure, not a computed one, and the scope is this series — not “ever”.

Highest published

8.5%2021

Lowest published

-10%2020

The full series

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

What a record here is, and is not

A record is the extreme of the periods this site holds for the current series, at each period’s newest published release. Earlier series measured under different methods are not compared against it. Money is in cash terms: a record set years ago stands against the money of its own year.