PARLIAMENTARY WRITTEN QUESTION
(19 November 2024)

To ask the Chancellor of the Exchequer, pursuant to the Answer of 19 November 2024 to Question 13562 on National Income, if she will make an assessment of the potential impact of immigration numbers on recent trends in the rate of (a) economy growth and (b) GDP per capita.

Asked by:
Rupert Lowe (Restore Britain)

The impact of migration on GDP and GDP per capita will depend, among other factors, on the age, education, skill level, and participation rate of migrants, as well as the investment response of businesses.

The latest data indicates that net migration has fallen from a peak of 764,000 in the year ending December 2022 to 685,000 in the year ending December 2023.

The independent OBR make a net migration forecast to underpin their economic and fiscal forecasts.

Answered by:
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