Disposable Income in United Kingdom
The economy of the United Kingdom recorded an average disposable income growth rate of 1.6% in the decade up to 2022. In 2022, the growth was -1.4%.
United Kingdom Disposable Income Chart
Note: This chart displays Disposable Income (ann. var. %) for United Kingdom from 2014 to 2023.
Source: Macrobond.
United Kingdom Disposable Income Data
| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Disposable Income (ann. var. %) | 2.1 | -0.4 | 1.6 | -1.8 | 2.4 |
How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects British disposable income projections for the next ten years from a panel of 5 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable disposable income forecast available for British disposable income.
Download one of our sample reports to visualize what a Consensus Forecast is and see our British disposable income projections.
Want to get access to the full dataset of British disposable income forecasts? Send an email to info@focus-economics.com.