Europe · World Bank + FRED data · updated Sep 28, 2026

United Kingdom economy forecast

For 2026 the model expects inflation of 3.9%, GDP growth of 1.8% and unemployment of 4.9% in United Kingdom.

Inflation

CPI, annual %

3.9%

2026 forecast

Latest · 2025: 3.9%▲ +0.1 pp

GDP growth

Annual %

1.8%

2026 forecast

Latest · 2025: 1.4%▲ +0.4 pp

Unemployment

% of labor force, ILO modeled

4.9%

2026 forecast

Latest · 2025: 4.7%▲ +0.2 pp

GDP per capita

Current US$

$59,287

2026 forecast

Latest · 2025: $57,602▲ +2.9%

Population

Population, total

69.55M

2026 forecast

Latest · 2025: 69.49M▲ +0.1%

USD/GBP

GBP per 1 USD

0.7552

in 12 months

Last close · Sep 25, 2026: 0.7547▲ +0.1%

United Kingdom at a glance, 2026–2028

IndicatorLatest202620272028
Inflation3.9% 20253.9%4.0%4.0%
GDP growth1.4% 20251.8%1.9%2.0%
Unemployment4.7% 20254.9%5.1%5.2%
GDP per capita$57,602 2025$59,287$60,772$62,137
Population69.49M 202569.55M69.56M69.72M

Medians; each indicator's page shows its 80% range and backtest.

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Statistical model, not financial advice. Forecasts are automatic outputs of TimesFM 2.5 on public data; outcomes land outside the 80% range about one time in five.