The UK is forecast to be the third-fastest growing G7 economy in 2025

Annual GDP growth, %

Canada

US

3%

2.4%

2.2%

2

1

0

−1

2023

2025

2023

2025

UK

Japan

3%

2

1.5%

1.1%

1

0

−1

2023

2025

2023

2025

France

Germany

3%

2

1.1%

1

0.8%

0

−1

2023

2025

2023

2025

Italy

3%

2

1

0.8%

0

−1

2023

2025

Canada

US

3%

2.4%

2.2%

2

1

0

−1

2023

2025

2023

2025

UK

Japan

3%

2

1.5%

1.1%

1

0

−1

2023

2025

2023

2025

France

Germany

3%

2

1.1%

1

0.8%

0

−1

2023

2025

2023

2025

Italy

3%

2

1

0.8%

0

−1

2023

2025

Canada

US

UK

3%

2.4%

2.2%

2

1.5%

1

0

−1

2023

2025

2023

2025

2023

2025

Japan

France

Germany

3%

2

1.1%

1.1%

1

0.8%

0

−1

2023

2025

2023

2025

2023

2025

Italy

3%

2

1

0.8%

0

−1

2023

2025

Canada

US

UK

3%

2.4%

2.2%

2

1.5%

1

0

−1

2023

2025

2023

2025

2023

2025

Japan

France

Germany

3%

2

1.1%

1.1%

1

0.8%

0

−1

2023

2025

2023

2025

2023

2025

Italy

3%

2

1

0.8%

0

−1

2023

2025