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The Gross Domestic Product (GDP) in the United Kingdom was worth 3380.85 billion US dollars in 2023, according to official data from the World Bank. The GDP value of the United Kingdom represents 3.21 percent of the world economy. This dataset provides the latest reported value for - United Kingdom GDP - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.
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Graph and download economic data for Composite Leading Indicators: Reference Series (GDP) Calendar and Seasonally Adjusted for United Kingdom (LORSGPORGBQ661S) from Q1 1955 to Q3 2023 about leading indicator, United Kingdom, and GDP.
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Inflation Rate in the United Kingdom decreased to 2.80 percent in February from 3 percent in January of 2025. This dataset provides - United Kingdom Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.
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The Gross Domestic Product (GDP) in the United Kingdom expanded 1.40 percent in the fourth quarter of 2024 over the same quarter of the previous year. This dataset provides the latest reported value for - United Kingdom GDP Annual Growth Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.
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GDP from Mining in the United Kingdom decreased to 8054 GBP Million in the fourth quarter of 2024 from 8261 GBP Million in the third quarter of 2024. This dataset provides - United Kingdom Gdp From Mining- actual values, historical data, forecast, chart, statistics, economic calendar and news.
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India Tea Exports: Calendar Year: Value: USD: United Kingdom data was reported at 48.720 USD mn in 2018. This records a decrease from the previous number of 50.690 USD mn for 2017. India Tea Exports: Calendar Year: Value: USD: United Kingdom data is updated yearly, averaging 52.460 USD mn from Dec 2012 (Median) to 2018, with 7 observations. The data reached an all-time high of 67.110 USD mn in 2012 and a record low of 48.260 USD mn in 2016. India Tea Exports: Calendar Year: Value: USD: United Kingdom data remains active status in CEIC and is reported by Tea Board India. The data is categorized under India Premium Database’s Agriculture Sector – Table IN.RIE002: Tea Exports: Calendar Year: Value: USD.
A series for the GDP deflator in index form is produced by the Treasury from data provided by the Office for National Statistics (ONS) and the Office for Budget Responsibility (OBR). GDP deflator outturn are based on the ONS Quarterly National Accounts release (at the end of each quarter). However, a more recent version of ONS GDP outturn may be used depending on when the OBR updates its GDP deflator forecasts (usually at Budget and Spring Statement).
Forecasts covering periods 2021-22 to 2026-27 (2021 to 2026) are from the OBR as at the Budget and Spending Review 27 October 2021.
Outturn data are the Quarterly National Accounts figures from the ONS, 30 September 2021.
GDP deflators for financial years 1955-56 to 2020-21 have been taken directly from ONS series L8GG. GDP deflators for calendar years 1955 to 2020 have been taken from ONS series MNF2. Non-seasonally adjusted money GDP for calendar and financial years are taken from ONS series BKTL. For financial years only, seasonally adjusted money GDP series YBHA has also been included.
The next GDP deflator update will be after the ONS Quarterly national Accounts release 22 December 2021.
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India Tea Exports: Calendar Year: Unit Price: USD: United Kingdom data was reported at 3.180 USD/kg in 2018. This records an increase from the previous number of 3.060 USD/kg for 2017. India Tea Exports: Calendar Year: Unit Price: USD: United Kingdom data is updated yearly, averaging 3.170 USD/kg from Dec 2011 (Median) to 2018, with 8 observations. The data reached an all-time high of 3.400 USD/kg in 2011 and a record low of 2.960 USD/kg in 2016. India Tea Exports: Calendar Year: Unit Price: USD: United Kingdom data remains active status in CEIC and is reported by Tea Board India. The data is categorized under India Premium Database’s Agriculture Sector – Table IN.RIE005: Tea Exports: Calendar Year: Unit Price: USD.
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India Tea Exports: Calendar Year: Value: INR: United Kingdom data was reported at 3,331.400 INR mn in 2018. This records an increase from the previous number of 3,300.300 INR mn for 2017. India Tea Exports: Calendar Year: Value: INR: United Kingdom data is updated yearly, averaging 3,242.100 INR mn from Dec 2008 (Median) to 2018, with 11 observations. The data reached an all-time high of 3,995.700 INR mn in 2015 and a record low of 2,150.808 INR mn in 2008. India Tea Exports: Calendar Year: Value: INR: United Kingdom data remains active status in CEIC and is reported by Tea Board India. The data is categorized under India Premium Database’s Agriculture Sector – Table IN.RIE001: Tea Exports: Calendar Year: Value: INR.
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Unemployment Rate in the United Kingdom remained unchanged at 4.40 percent in January. This dataset provides the latest reported value for - United Kingdom Unemployment Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.
Understanding Society, (UK Household Longitudinal Study), which began in 2009, is conducted by the Institute for Social and Economic Research (ISER) at the University of Essex and the survey research organisations Verian Group (formerly Kantar Public) and NatCen. It builds on and incorporates, the British Household Panel Survey (BHPS), which began in 1991.
The Understanding Society: Calendar Year Dataset, 2022, is designed for analysts to conduct cross-sectional analysis for the 2022 calendar year. The Calendar Year datasets combine data collected in a specific year from across multiple waves and these are released as separate calendar year studies, with appropriate analysis weights, starting with the 2020 Calendar Year dataset. Each subsequent year, an additional yearly study is released.
The Calendar Year data is designed to enable timely cross-sectional analysis of individuals and households in a calendar year. Such analysis can, however, only involve variables that are collected in every wave (excluding rotating content, which is only collected in some of the waves). Due to overlapping fieldwork, the data files combine data collected in the three waves that make up a calendar year. Analysis cannot be restricted to data collected in one wave during a calendar year, as this subset will not be representative of the population. Further details and guidance on this study can be found in the document 9333_main_survey_calendar_year_user_guide_2022.
These calendar year datasets should be used for cross-sectional analysis only. For those interested in longitudinal analyses using Understanding Society please access the main survey datasets: End User Licence version or Special Licence version.
Understanding Society: the UK Household Longitudinal Study, started in 2009 with a general population sample (GPS) of UK residents living in private households of around 26,000 households and an ethnic minority boost sample (EMBS) of 4,000 households. All members of these responding households and their descendants became part of the core sample who were eligible to be interviewed every year. Anyone who joined these households after this initial wave was also interviewed as long as they lived with these core sample members to provide the household context. At each annual interview, some basic demographic information was collected about every household member, information about the household is collected from one household member, all 16+-year-old household members are eligible for adult interviews, 10-15-year-old household members are eligible for youth interviews, and some information is collected about 0-9 year-olds from their parents or guardians. Since 1991 until 2008/9 a similar survey, the British Household Panel Survey (BHPS), was fielded. The surviving members of this survey sample were incorporated into Understanding Society in 2010. In 2015, an immigrant and ethnic minority boost sample (IEMBS) of around 2,500 households was added. In 2022, a GPS boost sample (GPS2) of around 5,700 households was added. To know more about the sample design, following rules, interview modes, incentives, consent, and questionnaire content, please see the study overview and user guide.
Co-funders
In addition to the Economic and Social Research Council, co-funders for the study included the Department of Work and Pensions, the Department for Education, the Department for Transport, the Department of Culture, Media and Sport, the Department for Community and Local Government, the Department of Health, the Scottish Government, the Welsh Assembly Government, the Northern Ireland Executive, the Department of Environment and Rural Affairs, and the Food Standards Agency.
End User Licence and Special Licence versions:
There are two versions of the Calendar Year 2022 data. One is available under the standard End User Licence (EUL) agreement (SN 9333), and the other is a Special Licence (SL) version (SN 9334). The SL version contains month and year of birth variables instead of just age, more detailed country and occupation coding for a number of variables and various income variables have not been top-coded (see document 9333_eul_vs_sl_variable_differences for more details). Users are advised first to obtain the standard EUL version of the data to see if they are sufficient for their research requirements. The SL data have more restrictive access conditions; prospective users of the SL version will need to complete an extra application form and demonstrate to the data owners exactly why they need access to the additional variables in order to get permission to use that version. The main longitudinal versions of the Understanding Society study may be found under SNs 6614 (EUL) and 6931 (SL).
Low- and Medium-level geographical identifiers produced for the mainstage longitudinal dataset can be used with this Calendar Year 2022 dataset, subject to SL access conditions. See the User Guide for further details.
Suitable data analysis software
These data are provided by the depositor in Stata format. Users are strongly advised to analyse them in Stata. Transfer to other formats may result in unforeseen issues. Stata SE or MP software is needed to analyse the larger files, which contain about 1,800 variables.
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The benchmark interest rate in the United Kingdom was last recorded at 4.50 percent. This dataset provides - United Kingdom Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.
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Core Consumer Prices in the United Kingdom increased to 132.40 points in February from 131.20 points in January of 2025. This dataset provides the latest reported value for - United Kingdom Core Consumer Prices - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.
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India Foreign Direct Investment: Inflow: Year to Date: USD: United Kingdom data was reported at 1.183 USD bn in Dec 2018. This records an increase from the previous number of 971.880 USD mn for Sep 2018. India Foreign Direct Investment: Inflow: Year to Date: USD: United Kingdom data is updated quarterly, averaging 512.065 USD mn from Sep 2004 (Median) to Dec 2018, with 58 observations. The data reached an all-time high of 3.606 USD bn in Dec 2013 and a record low of 21.190 USD mn in Mar 2005. India Foreign Direct Investment: Inflow: Year to Date: USD: United Kingdom data remains active status in CEIC and is reported by Department of Industrial Policy and Promotion. The data is categorized under Global Database’s India – Table IN.OA017: Foreign Direct Investment Inflow: Calendar Year: ytd: by Country: USD.
Understanding Society (the UK Household Longitudinal Study), which began in 2009, is conducted by the Institute for Social and Economic Research (ISER) at the University of Essex, and the survey research organisations Verian Group (formerly Kantar Public) and NatCen. It builds on and incorporates, the British Household Panel Survey (BHPS), which began in 1991.
The Understanding Society: Calendar Year Dataset, 2021, is designed to enable cross-sectional analysis of individuals and households relating specifically to their annual interviews conducted in the year 2021, and, therefore, combine data collected in three waves (Waves 11, 12 and 13). It has been produced from the same data collected in the main Understanding Society study and released in the longitudinal datasets SN 6614 (End User Licence) and SN 6931 (Special Licence). Such cross-sectional analysis can, however, only involve variables that are collected in every wave in order to have data for the full sample panel. The 2021 dataset is the second of a series of planned Calendar Year Datasets to facilitate cross-sectional analysis of specific years. Full details of the Calendar Year Dataset sample structure (including why some individual interviews from 2022 are included), data structure and additional supporting information can be found in the document '9194_calendar_year_dataset_2020_user_guide'.
As multi-topic studies, the purpose of Understanding Society is to understand the short- and long-term effects of social and economic change in the UK at the household and individual levels. The study has a strong emphasis on domains of family and social ties, employment, education, financial resources, and health. Understanding Society is an annual survey of each adult member of a nationally representative sample. The same individuals are re-interviewed in each wave approximately 12 months apart. When individuals move, they are followed within the UK, and anyone joining their households is also interviewed as long as they are living with them. The fieldwork period for a single wave is 24 months. Data collection uses computer-assisted personal interviewing (CAPI) and web interviews (from wave 7) and includes a telephone mop-up. From March 2020 (the end of wave 10 and 2nd year of wave 11), due to the coronavirus pandemic, face-to-face interviews were suspended, and the survey has been conducted by web and telephone only but otherwise has continued as before. One person completes the household questionnaire. Each person aged 16 or older participates in the individual adult interview and self-completed questionnaire. Youths aged 10 to 15 are asked to respond to a paper self-completion questionnaire. In 2020, an additional frequent web survey was separately issued to sample members to capture data on the rapid changes in people’s lives due to the COVID-19 pandemic (see SN 8644). The COVID-19 Survey data are not included in this dataset.
Further information may be found on the Understanding Society main stage webpage and links to publications based on the study can be found on the Understanding Society Latest Research webpage.
Co-funders
In addition to the Economic and Social Research Council, co-funders for the study included the Department of Work and Pensions, the Department for Education, the Department for Transport, the Department of Culture, Media and Sport, the Department for Community and Local Government, the Department of Health, the Scottish Government, the Welsh Assembly Government, the Northern Ireland Executive, the Department of Environment and Rural Affairs, and the Food Standards Agency.
End User Licence and Special Licence versions:
There are two versions of the Calendar Year 2021 data. One is available under the standard End User Licence (EUL) agreement, and the other is a Special Licence (SL) version. The SL version contains month and year of birth variables instead of just age, more detailed country and occupation coding for a number of variables and various income variables have not been top-coded (see xxxx_eul_vs_sl_variable_differences for more details). Users are advised to first obtain the standard EUL version of the data to see if they are sufficient for their research requirements. The SL data have more restrictive access conditions; prospective users of the SL version will need to complete an extra application form and demonstrate to the data owners exactly why they need access to the additional variables in order to get permission to use that version. The main longitudinal versions of the Understanding Society study may be found under SNs 6614 (EUL) and 6931 (SL).
Low- and Medium-level geographical identifiers produced for the mainstage longitudinal dataset can be used with this Calendar Year 2021 dataset, subject to SL access conditions. See the User Guide for further details.
Suitable data analysis software
These data are provided by the depositor in Stata format. Users are strongly advised to analyse them in Stata. Transfer to other formats may result in unforeseen issues. Stata SE or MP software is needed to analyse the larger files, which contain about 1,900 variables.
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Consumer Confidence in the United Kingdom increased to -19 points in March from -20 points in February of 2025. This dataset provides the latest reported value for - United Kingdom Consumer Confidence - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.
In 2024, the annual inflation rate for the United Kingdom was 2.5 percent, with the average rate for 2025 predicted to rise to 3.2 percent. The UK has only recently recovered from a period of elevated inflation, which saw the CPI rate reach 7.3 percent in 2023, and 9.1 percent in 2022. Before 2022, the inflation rate was at its highest in 2011 when it reached 4.5 percent, and was lowest in 2015 when an annual inflation rate of zero percent was recorded. Inflation has been surging in the UK since late 2021, and reached a 41-year-high of 11.1 percent in October 2022. Since that recent peak, inflation has gradually subsided, and was four percent in January 2024. Inflation down but not out in 2024 Although there are some positive signals regarding UK inflation decelerating throughout 2023, prices are still rising at quite a fast rate, especially in certain sectors. Food inflation, for example, only fell below double-figures in November 2023, and was still rising by 6.9 percent in January 2024. As of that month, however, alcohol and tobacco prices were rising faster than any other sector, with an inflation rate of 12.4 percent. Additionally, underlying core inflation, which measures prices rises without food and energy, is slightly above the headline inflation rate, and was 5.1 percent as of the most recent month. With some aspects of inflation seemingly becoming embedded in the UK economy, this will likely prolong the current Cost of Living Crisis engulfing UK households. Inflation crisis across in the world in 2022 The UK has not been alone in suffering from runaway inflation over the last few years. From late 2021 onwards, various factors converged to encourage a global acceleration of prices, leading to the ongoing inflation crisis. Blocked-up supply chains were one of the main factors as the world emerged from the COVID-19 pandemic. This was followed by energy and food inflation skyrocketing after Russia's invasion of Ukraine. Central bank interest rates were raised globally in response to the problem, possibly putting an end to the era of cheap money that has defined monetary policy since the financial crash of 2008.
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Average Weekly Hours in the United Kingdom increased to 31.90 Hours in January from 31.80 Hours in December of 2024. This dataset provides - United Kingdom Average Weekly Hours- actual values, historical data, forecast, chart, statistics, economic calendar and news.
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Summary, reconciliation and revisions information on UK government deficit and debt figures by calendar and financial year.
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Manufacturing Production in the United Kingdom decreased 1.50 percent in January of 2025 over the same month in the previous year. This dataset provides the latest reported value for - United Kingdom Manufacturing Production - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.
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The Gross Domestic Product (GDP) in the United Kingdom was worth 3380.85 billion US dollars in 2023, according to official data from the World Bank. The GDP value of the United Kingdom represents 3.21 percent of the world economy. This dataset provides the latest reported value for - United Kingdom GDP - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.