Northwest and UK GDP 2004 – 2011 TABLE 3: SUMMARY DATA AND FORECASTS FOR THE NORTHWEST Unit as indicated and % growth pa
2004 2005 2006 2007 2008 2009 2010 2011
GVA (£2003m)
Consumer Spending (£2003m)
Unemployment Rate (%)
100,897 3.3 102,319 1.4 105,213 2.8 107,972 2.6 109,829 1.7 111,505 1.5 113,985 2.2 117,297 2.9
79,409 2.8 80,367 1.2 81,821 1.8 84,288 3.0 85,390 1.3 86,409 1.2 88,197 2.1 90,725 2.9
2.8 -12.4 2.9 2.1 3.3 14.1 3.1 -5.6 3.2 1.9 3.3 4.7 3.6 7.8 3.6 0.7
Source(s): Panel Forecasts, Spring 2008.
TABLE 4: NORTHWEST AND UK GVA Unit as indicated and % growth pa
2004 2005 2006 2007 2008 2009 2010 2011
NW GVA (£2003m)
UK GVA (£2003m)
Nominal GVA per head (UK = 100)
100,897 3.3 102,319 1.4 105,213 2.8 107,972 2.6 109,829 1.7 111,505 1.5 113,985 2.2 117,297 2.9
1,007,437 3.5 1,028,737 2.1 1,060,163 3.1 1,093,583 3.2 1,109,675 1.5 1,124,451 1.3 1,150,910 2.4 1,188,578 3.3
88.9 0.6 88.4 -0.6 88.6 0.3 88.3 -0.4 88.3 0.0 87.8 -0.5 87.6 -0.3 88 0.5
Source(s): Panel Forecasts, Spring 2008.
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