LONDON BRIDGE

IS FALLING DOWN
RECENT ECONOMIC STATUS

PAGE 01
 ECONOMIC COMPARATIV
E REPORT OF
STATUS OF GROSS
UNITED DOMESTIC
KINGDOM PRODUCT

BY: SANTOS CZARINA, VARGAS GLOMHIE, GARCIA CAYE, GELLIO NARCISO

• GDP is relatively increasing in quarter
1.
• Purchasing Manager's Index sharply
changed.
• GDP is decreasing in subsequent
quarters.
ECONOMIC FORECAST ACCORDING TO
FOCUSECONOMICS.COM AS OF MAY 31, 2022
 (Gross Domestic Product for United Kingdom, 2022)

NOMINAL GROSS DOMESTIC PRODUCT

Increase in NGDP over 21 years GDP

2021 3186859739185.0200

2000 1643908161796.4600

No. of
increase 1.9X
 (Real Gross Domestic Product for United Kingdom, 2021)

REAL GROSS DOMESTIC PRODUCT (2010 PRICES)

Increase in RGDP over 20 years REAL GDP

2020 432422.1000

2000 340388.0000

No. of

increase 1.3X
NOMINAL GDP REAL GDP
ALL FINISHED GOODS ALL FINISHED
W I T H R E L AT I V E S E T O F GOODS USING THE
PRICES EACH YEAR S TA N D A R D P R I C E
OVER THE YEARS

NGDP VS. RGDP

 (Constant GDP per Capita for the United Kingdom, 2022)

REAL GDP PER CAPITA

Increase in GDP over 21 years RGDP PER CAPITA

2021 46209.1052

2000 39229.2685

No. of

increase 1.2X
DOES ECONOMIC STATUS AFFECT
THE STANDARD OF LIVING?

PAGE 07
 (Unemployment Rate in the United Kingdom, 2018))

UNEMPLOYMENT RATE
• MAJOR RECESSION RECENTLY
EXPERIENCED
• REASON OF RECESSION
• COPING RATE FROM RECESSION
• ECONOMIC STATUS AND RELATIVENESS
TO STANDARD LIVING

ANALYSIS
 DATE RGDP PER INCREASE/ RATE
CAPITA DECREASE

2019-01-01 47750.87966195
98

2020-01-01 43166.15520013 - -10%

96 4584.724461820
2

2021-01-01 46209.10517481 3042.949974678 7%

82 6

DEACRESE IN RECESSION: 10%

INCREASE FROM RECESSION: 7%

RECESSION DUE TO PANDEMIC

THE ECONOMIC STATUS AND UNEMPLOYMENT RATE ARE INVERSELY
PROPORTIONAL. WHEREAS WHEN GDP INCREASES UNEMPLOYMENT
DECREASES. WITH THAT CONCLUSUION IT IS TO BE SAID THAT THE
ECONOMIC STATUS AFFECT LIFE EXPECTANCY OF PEOPLE.
 • F. (2022, September 26). United Kingdom Economy - GDP, Inflation, CPI and Interest Rate.
FocusEconomics | Economic Forecasts from the World’s Leading Economists. https://www.focus-
economics.com/countries/united-kingdom

• Full Citation:Gross Domestic Product for United Kingdom. (2022, July 5). Gross Domestic Product
for United Kingdom (MKTGDPGBA646NWDB) | FRED | St. Louis Fed.
https://fred.stlouisfed.org/series/MKTGDPGBA646NWDB

• Real Gross Domestic Product for United Kingdom. (2021, February 17). Real Gross Domestic Product
for United Kingdom (CLVMNACSCAB1GQUK) | FRED | St. Louis Fed.
https://fred.stlouisfed.org/series/CLVMNACSCAB1GQUK

• Constant GDP per capita for the United Kingdom. (2022, July 5). Constant GDP per Capita for the
United Kingdom (NYGDPPCAPKDGBR) | FRED | St. Louis Fed.
https://fred.stlouisfed.org/series/NYGDPPCAPKDGBR
• Unemployment Rate in the United Kingdom. (2018, March 12). Unemployment Rate in the United
Kingdom (UNRTUKA) | FRED | St. Louis Fed. https://fred.stlouisfed.org/series/UNRTUKA

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