Welcome to the dashboard for A Level economics data. Below you will find the data for macro economic indicators and a number of micro economic factors. Each chart will auto update monthly or quarterly as the new data becomes available. Jump to the chart you need using the links below. Let me know if there is a data set that you would like to see included.
UK Economic Growth
UK Inflation Rate
UK Unemployment Rate
UK Balance of Payments
UK Interest Rate
UK Government Budget
UK Business Confidence
UK Consumer Confidence
UK House Price Index
UK Comparison of Inflation & Unemployment
UK Comparison of Inflation and Interest Rate
Comparison of UK Income Inequality Using the Gini Index
Comparison of Worldwide Human Development Index (HDI)
Gender Inequality Index
UK Economic Growth
UK Inflation Rate
UK Unemployment Rate
UK Balance of Payments
UK Interest Rate
UK Government Budget
UK Business Confidence
UK Consumer Confidence
UK House Price Index
UK Comparison of Inflation & Unemployment
UK Comparison of Inflation and Interest Rate
Comparison of UK Income Inequality Using the Gini Index
Comparison of Worldwide Human Development Index (HDI)
Gender Inequality Index
UK Economic Growth (GDP)
source: tradingeconomics.com
The chart shows the quarterly growth rate of GDP in the UK measured as a percentage. Two consecutive periods of negative percentages would indicate a recession.
UK Inflation Rate (CPI)
source: tradingeconomics.com
In the United Kingdom, the most important categories in the Consumer Price Index (CPI) are:
- Transport (14%), Housing & Utilities (14%)
- Recreation & Culture (13%)
- Food & Non-alcoholic Beverages (12%)
- Restaurants & Hotels (11%)
UK Unemployment Rate
source: tradingeconomics.com
In the United Kingdom, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force.
UK Balance of Payments (Current Account)
source: tradingeconomics.com
The Current Account is the sum of the
- balance of trade in goods.
- balance of trade in services.
- net primary income (e.g. interest and dividends).
- net secondary income (e.g. foreign aid).
UK Interest Rate
source: tradingeconomics.com
In the United Kingdom, benchmark interest rate is set by the Monetary Policy Committee (MPC). The Bank of England official interest rate is the repo rate. This repo rate applies to open market operations of the Bank of England with banks & building societies.
UK Government Budget (Fiscal Balance)
source: tradingeconomics.com
The Government Budget is an account of the payments received by government (taxes) and the payments made by government (capital spending. current spending and transfer payments). A budget deficit occurs when the government spends more money than it takes in. The opposite of a budget deficit is a budget surplus. The data above is measured as a % of GDP.
UK Business Confidence
source: tradingeconomics.com
An average of 400 small, medium and large companies from the manufacturing sector is surveyed each quarter regarding the general and export business situation, investment, capacity, order books, employment, output, stocks, prices competitiveness. An index measure is then produced.
UK Consumer Confidence
source: tradingeconomics.com
In the United Kingdom, the consumer confidence survey measures the level of optimism that consumers have about the performance of the economy in the next 12 months. The survey of about 2,000 consumers asks the relative level of past and future economic conditions including personal financial situation, climate for major purchases, overall economic situation and savings levels.
UK House Price Index
source: tradingeconomics.com
The Halifax House Price Index is a monthly house price series with data covering the whole UK. A standardised house price is calculated and property price movements modelled using an index measure.
Comparison of UK Inflation and UK Unemployment
source: tradingeconomics.com
A 10 year comparison of the UK data for inflation and unemployment. The data shows the inverse relationship between the two data sets which can also be modelled by the Phillips Curve.
Comparison of UK Inflation and UK Interest Rate
source: tradingeconomics.com
A 10 year comparison of the relationship between the UK inflation rate and the Bank of England's response in using the interest rate as an inflation management tool. Note how infrequently the Bank Of England has maintained the inflation rate within the target.
Comparison of UK Income Inequality Using the Gini Index
Income is defined as household disposable income in a particular year. The Gini coefficient is based on the comparison of cumulative proportions of the population against cumulative proportions of income they receive, and it ranges between 0 in the case of perfect equality and 1 in the case of perfect inequality.
Comparison of Worldwide Human Development Index (HDI)
The Human Development Index (HDI) is a composite measure of three indicators to give a value of the overall development of the index. The index includes,
- Income measured by GNI/capita.
- Health measured by life expectancy at birth.
- Education measured by average and expected years of schooling.
