United Kingdom

Region: Europe

Monitored elections

Type

General Election 2024

Date

2024-07-04

Status

Completed

Divergence analysis

Prediction market × polls

Keir Starmer's Labour won the 2024 election with 411 of 650 seats. On the eve of the vote the market gave Labour about 99% probability of winning the most seats, while polls measured about 40% vote intention. Not a contradiction: the market prices who wins, the poll measures vote, and Britain's first-past-the-post system turned 33.7% of the vote into 411 seats (63% of the chamber). Reform was third in votes (14.3%) but took only 5 seats. The gap between probability of winning (market) and vote share (poll), party by party in the table, is the signal AFOS tracks, not a polling error.

CandidatePollMarketDivergence
Labour41%99.3%+58.3pp
Conservative23%1%-22pp
Reform13%0.8%-12.2pp
Lib Dems11%0.4%-10.6pp

🏆 Who won?

Volume: $1.8M
Labour99.3%
Conservative1%
Reform0.8%
Lib Dems0.4%
Other0.2%

Implied probability (Polymarket) · total volume US$ 1.8M

0255075100May 24Jul 24
Labour 99%Conservative <1%Other <1%Reform <1%Lib Dems <1%

Latest poll (Number Cruncher Politics, 2024-07-03) cross-referenced with Polymarket odds. Open dataset with 293 polls. 🤗 Open dataset

Structural context

Governance (0–100 scale)

Political stability70
Voice & accountability80
Rule of law79
Government effectiveness74
Regulatory quality79
Control of corruption78

Economy

Population69.2M
GDP$3.69T
GDP per capita$53,246
Inflation3.3%

Education

Public education spending (% GDP)5.9%
Expected years of schooling17.2 years

Source: World Bank — Worldwide Governance Indicators + World Development Indicators (2024). Annual structural indicators that contextualize the country; they do not predict the electoral outcome. WGI ↗ · WDI ↗

Cross-reference graph

The election at the center, with markets, polls, press and structural context around it. The divergence between market and poll is the colored line, with the Δpp on it.

market × poll divergence (Δpp) convergence (low Δ) poll reading market correct market wrong press (anchors) navigation (click)drag nodes · scroll to zoom

Overview

Track United Kingdom's election with prediction market data, electoral polls, and political risk analysis.

Political Risk

United Kingdom's political landscape is monitored with prediction market signals, public sentiment, and critical events that may impact FX, investments, and governance.

Market Relevance

Elections in United Kingdom directly impact capital flows, FX, and sovereign risk perception. Prediction markets offer early signals on likely scenarios.

Why monitor

United Kingdom is one of the markets monitored by AFOS Analytics. Cross-referencing prediction markets and polls enables more informed decisions for investors, analysts, and citizens.

United Kingdom Election 2024 | Political Risk & Prediction Markets