Uk Gdp 2024 Forecast Reddit. Uk's economy is heavily driven by services, compared to germany which has far more manufacturing (about 9% as share of gdp compared to 18% for germany), which. Despite the upgrade, however, the uk was anticipated to experience the highest inflation rate among the group.

The uk economy shrank 0.3% qoq in the three months to december, compared with a 0.1% contraction. They announced 26.2% rise in government spending in 2024.