The gross domestic product of the United Kingdom was around 2.56 trillion British pounds, an increase when compared to the previous year, when UK GDP amounted to about 2.54 trillion pounds. The significant drop in GDP visible in 2020 was due to the COVID-19 pandemic, with the smaller declines in 2008 and 2009 because of the global financial crisis of the late 2000s. Low growth problem in the UK Despite growing by 0.9 percent in 2024, and 0.4 percent in 2023 the UK economy is not that much larger than it was before the COVID-19 pandemic. Since recovering from a huge fall in GDP in the second quarter of 2020, the UK economy has alternated between periods of contraction and low growth, with the UK even in a recession at the end of 2023. While economic growth picked up somewhat in 2024, GDP per capita is lower than it was in 2022, following two years of negative growth. UK's global share of GDP falling As of 2024, the UK had the sixth-largest economy in the world, behind the United States, China, Japan, Germany, and India. Among European nations, this meant that the UK currently has the second-largest economy in Europe, although the economy of France, Europe's third-largest economy, is of a similar size. The UK's global economic ranking will likely fall in the coming years, however, with the UK's share of global GDP expected to fall from 2.16 percent in 2025 to 2.02 percent by 2029.  

In 2024, the gross domestic product (GDP) of the United Kingdom grew by 0.9 percent and is expected to grow by just one percent in 2025 and by 1.9 percent in 2026. Growth is expected to slow down to 1.8 percent in 2027, and then grow by 1.7, and 1.8 percent in 2027 and 2028 respectively. The sudden emergence of COVID-19 in 2020 and subsequent closure of large parts of the economy were the cause of the huge 9.4 percent contraction in 2020, with the economy recovering somewhat in 2021, when the economy grew by 7.6 percent. UK growth downgraded in 2025 Although the economy is still expected to grow in 2025, the one percent growth anticipated in this forecast has been halved from two percent in October 2024. Increased geopolitical uncertainty as well as the impact of American tariffs on the global economy are some of the main reasons for this mark down. The UK's inflation rate for 2025 has also been revised, with an annual rate of 3.2 percent predicated, up from 2.6 percent in the last forecast. Unemployment is also anticipated to be higher than initially thought, with the annual unemployment rate likely to be 4.5 percent instead of 4.1 percent. Long-term growth problems In the last two quarters of 2023, the UK economy shrank by 0.1 percent in Q3 and by 0.3 percent in Q4, plunging the UK into recession for the first time since the COVID-19 pandemic. Even before that last recession, however, the UK economy has been struggling with weak growth. Although growth since the pandemic has been noticeably sluggish, there has been a clear long-term trend of declining growth rates. The economy has consistently been seen as one of the most important issues to people in Britain, ahead of health, immigration and the environment. Achieving strong levels of economic growth is one of the main aims of the Labour government elected in 2024, although after almost one year in power it has so far proven elusive.

The Gross Domestic Product (GDP) in the United Kingdom expanded 0.70 percent in the first quarter of 2025 over the previous quarter. This dataset provides the latest reported value for - United Kingdom GDP Growth Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Estimates of how the coronavirus (COVID-19) has impacted income and affordability in Great Britain. Data are from the Survey on Living Conditions (SLC).

This statistic shows the result of a question from the British Social Attitudes survey which asked what kind of effect, if any, the respondents think immigration has on the economy. The respondents have been split here by country. Proportionally, Wales had the most people who believed that the effect on the economy was bad. Of the three countries, Wales was the only one with a majority stating this.

United Kingdom Fuel Consumption: Heavy Goods Vehicle: Great Britain data was reported at 6,322.456 Tonne th in 2016. This records an increase from the previous number of 6,299.391 Tonne th for 2015. United Kingdom Fuel Consumption: Heavy Goods Vehicle: Great Britain data is updated yearly, averaging 6,184.935 Tonne th from Dec 2005 (Median) to 2016, with 12 observations. The data reached an all-time high of 6,724.103 Tonne th in 2007 and a record low of 5,834.152 Tonne th in 2012. United Kingdom Fuel Consumption: Heavy Goods Vehicle: Great Britain data remains active status in CEIC and is reported by Department for Business, Energy and Industrial Strategy. The data is categorized under Global Database’s UK – Table UK.RB019: Fuel Consumption: By Type of Vehicles and By Region.

In May 2024, output in UK construction grew by 1.9 percent, with services growing by 0.3 percent, while production output and agriculture output both grew by 0.2 percent.

Experimental dataset providing a breakdown of UK trade in services by industry, country and service type on a balance of payments basis. Data are subject to disclosure control.

United Kingdom Fuel Consumption: Diesel LGV: Great Britain data was reported at 5,970.943 Tonne th in 2016. This records an increase from the previous number of 5,728.351 Tonne th for 2015. United Kingdom Fuel Consumption: Diesel LGV: Great Britain data is updated yearly, averaging 5,095.480 Tonne th from Dec 2005 (Median) to 2016, with 12 observations. The data reached an all-time high of 5,970.943 Tonne th in 2016 and a record low of 4,591.440 Tonne th in 2005. United Kingdom Fuel Consumption: Diesel LGV: Great Britain data remains active status in CEIC and is reported by Department for Business, Energy and Industrial Strategy. The data is categorized under Global Database’s UK – Table UK.RB019: Fuel Consumption: By Type of Vehicles and By Region.

United Kingdom UK: GDP: USD data was reported at 2,622.434 USD bn in 2017. This records a decrease from the previous number of 2,650.850 USD bn for 2016. United Kingdom UK: GDP: USD data is updated yearly, averaging 918.504 USD bn from Dec 1960 (Median) to 2017, with 58 observations. The data reached an all-time high of 3,074.360 USD bn in 2007 and a record low of 72.328 USD bn in 1960. United Kingdom UK: GDP: USD data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s United Kingdom – Table UK.World Bank.WDI: Gross Domestic Product: Nominal. GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current U.S. dollars. Dollar figures for GDP are converted from domestic currencies using single year official exchange rates. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used.; ; World Bank national accounts data, and OECD National Accounts data files.; Gap-filled total;

Sector and asset breakdowns of gross fixed capital formation (GFCF), including business investment and revisions.

United Kingdom UK: GDP: PPP data was reported at 2,856,703.440 Intl $ mn in 2017. This records an increase from the previous number of 2,798,058.629 Intl $ mn for 2016. United Kingdom UK: GDP: PPP data is updated yearly, averaging 1,847,822.483 Intl $ mn from Dec 1990 (Median) to 2017, with 28 observations. The data reached an all-time high of 2,856,703.440 Intl $ mn in 2017 and a record low of 969,455.384 Intl $ mn in 1990. United Kingdom UK: GDP: PPP data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s United Kingdom – Table UK.World Bank.WDI: Gross Domestic Product: Purchasing Power Parity. PPP GDP is gross domestic product converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as the U.S. dollar has in the United States. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current international dollars. For most economies PPP figures are extrapolated from the 2011 International Comparison Program (ICP) benchmark estimates or imputed using a statistical model based on the 2011 ICP. For 47 high- and upper middle-income economies conversion factors are provided by Eurostat and the Organisation for Economic Co-operation and Development (OECD).; ; World Bank, International Comparison Program database.; Gap-filled total;

Qualitative analysis of tasks and activities completed by public sector workers that they did not feel were essential to their role and their reflections on how time use could be improved.

United Kingdom Fuel Consumption: Buses: Greater London data was reported at 152.594 Tonne th in 2016. This records a decrease from the previous number of 155.912 Tonne th for 2015. United Kingdom Fuel Consumption: Buses: Greater London data is updated yearly, averaging 178.969 Tonne th from Dec 2005 (Median) to 2016, with 12 observations. The data reached an all-time high of 194.612 Tonne th in 2006 and a record low of 152.594 Tonne th in 2016. United Kingdom Fuel Consumption: Buses: Greater London data remains active status in CEIC and is reported by Department for Business, Energy and Industrial Strategy. The data is categorized under Global Database’s United Kingdom – Table UK.RB019: Fuel Consumption: By Type of Vehicles and By Region.

Dataset population: Persons aged 16 and over

Age

Age is derived from the date of birth question and is a person's age at their last birthday, at 27 March 2011. Dates of birth that imply an age over 115 are treated as invalid and the person's age is imputed. Infants less than one year old are classified as 0 years of age.

Country of birth

Country of birth is the country in which a person was born. This topic records whether the person was born in or if they were not born in a country.

For the full country of birth classification in England and Wales, please see the National Statistics Country Classification.

Economic activity

Economic activity relates to whether or not a person who was aged 16 and over was working or looking for work in the week before census. Rather than a simple indicator of whether or not someone was currently in employment, it provides a measure of whether or not a person was an active participant in the labour market.

A person's economic activity is derived from their 'activity last week'. This is an indicator of their status or availability for employment - whether employed, unemployed, or their status if not employed and not seeking employment. Additional information included in the economic activity classification is also derived from information about the number of hours a person works and their type of employment - whether employed or self-employed.

The census concept of economic activity is compatible with the standard for economic status defined by the International Labour Organisation (ILO). It is one of a number of definitions used internationally to produce accurate and comparable statistics on employment, unemployment and economic status.

United Kingdom International Migrations: UK: Outflow: Great Britain data was reported at -329.000 Person th in 2016. This records a decrease from the previous number of -288.000 Person th for 2015. United Kingdom International Migrations: UK: Outflow: Great Britain data is updated yearly, averaging -308.000 Person th from Dec 1991 (Median) to 2016, with 26 observations. The data reached an all-time high of -232.000 Person th in 1995 and a record low of -418.000 Person th in 2008. United Kingdom International Migrations: UK: Outflow: Great Britain data remains active status in CEIC and is reported by Office for National Statistics. The data is categorized under Global Database’s UK – Table UK.G064: International Migration: By Regions .

United Kingdom % of Adults: Worked From Home at Some Point: Past 7 Days data was reported at 37.000 % in 25 Sep 2022. This records an increase from the previous number of 35.000 % for 11 Sep 2022. United Kingdom % of Adults: Worked From Home at Some Point: Past 7 Days data is updated weekly, averaging 37.000 % from Mar 2020 (Median) to 25 Sep 2022, with 99 observations. The data reached an all-time high of 49.000 % in 14 Jun 2020 and a record low of 25.000 % in 13 Mar 2022. United Kingdom % of Adults: Worked From Home at Some Point: Past 7 Days data remains active status in CEIC and is reported by Office for National Statistics. The data is categorized under Global Database’s United Kingdom – Table UK.H091: Opinions and Lifestyle Survey: Social Impacts of COVID-19 on Great Britain (Discontinued). The series shows the percentage of working adults who have worked from home at some point in the past 7 days. For this survey, a person is said to be working if they had a paid job, either as an employee or self-employed; or they did any casual work for payment; or they did any unpaid or voluntary work in the previous week. [COVID-19-IMPACT]

This dataset is about books. It has 56 rows and is filtered where the book subjects is Great Britain-Economic conditions-1918-1945. It features 9 columns including author, publication date, language, and book publisher.

The statistic shows GDP per capita in the United Kingdom from 1987 to 2020, with projections up until 2030. In 2020, GDP per capita in the United Kingdom was at around 40,230.55 US dollars. The same year, the total UK population amounted to about 67.26 million people. The United Kingdom is among the leading countries in a world GDP ranking.Falling unemployment in a time of recessionGDP is a useful indicator when it comes to measuring the state of a nation’s economy. GDP is the market value of all final goods and services produced within a country in a given period of time, usually a year. GDP per capita equals exactly the GDI (gross domestic income) per capita and is not a measure of an individual’s personal income.As can be seen clearly in the statistic, gross domestic product (GDP) per capita in the United Kingdom is beginning to increase, albeit not to pre-recession levels. The UK is beginning to see signs of an economic recovery, though as of yet it remains unclear what sort of recovery this is. Questions have been raised as to whether the growth being seen is the right sort of growth for a well balanced recovery across the necessary sectors. An interesting oddity occurred in the United Kingdom for nine months in 2012, which saw a decreasing unemployment occurring at the same time as dip in nationwide economic productivity. This seems like good - if not unusual - news, but could be indicative of people entering part-time employment. It could also suggest that labor productivity is falling, meaning that the UK would be less competitive as a nation. The figures continue to rise, however, with an increase in employment in the private sector. With the rate of inflation in the UK impacting everyone’s daily lives, it is becoming increasingly difficult for vulnerable groups to maintain a decent standard of living.