Economic Growth in the UK

That's Right! - The growth rate of real GDP per person is approximately equal to the real GDP growth rate minus the population growth rate. So the UK’s population is expected to grow by approximately 0.9% (1.3% - 0.4%) in 2025.

Well Done! - The standard of living depends on real GDP per person. According to the Rule of 70, UK real GDP per person is expected to double in 175 years (70 divided by 0.4).