Historical Year Data · 2016
UK Real GDP in 2016
UK Real GDP opened 2016 at 625,099 and closed at 636,392, a +1.81% move for the year. The high of 636,392 was reached on October 1, and the low of 625,099 on January 1.
Open
625,099
2016-01
Close
636,392
4 data points
High
636,392
Oct 1
Low
625,099
Jan 1
Full Year Change
+1.81%
2015 Change
+1.45%
Monthly Breakdown
| Month | Open | Close | High | Low | Change |
|---|---|---|---|---|---|
| Jan | 625,099 | 625,099 | 625,099 | 625,099 | +0.00% |
| Apr | 629,697 | 629,697 | 629,697 | 629,697 | +0.00% |
| Jul | 632,477 | 632,477 | 632,477 | 632,477 | +0.00% |
| Oct | 636,392 | 636,392 | 636,392 | 636,392 | +0.00% |
Events During 2016
2016 Brexit Vote
Goldilocks
June 23–24, 2016
The UK voted to leave the European Union on June 23, 2016. The pound fell 10% overnight, its largest single-day drop since floating in 1971.
2014-2016 Oil Price Collapse
Deflation
June 2014 – February 2016
Brent crude fell from $115 in June 2014 to $27 in January 2016, a 77% collapse. Shale oversupply and OPEC's refusal to cut production broke the commodity supercycle that had dominated markets since 2003.
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