The Gross Domestic Product (GDP) in the United Kingdom expanded 0.10 percent in the fourth 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.

The United Kingdom's economy grew by 1.3 percent in 2025, after a growth rate of 1.1 percent in 2024. During the provided time period, the biggest annual fall in GDP before 2020 occurred in 2009, when the UK economy contracted by 4.6 percent at the height of the global financial crisis of the late 2000s. Before 2021, the year with the highest annual GDP growth rate was 1973, when the UK economy grew by 6.5 percent. UK economy growing, but GDP per capita falling In 2022, the UK's GDP per capita amounted to approximately 40,581 pounds, but by 2024 had fallen to 40,157 pounds. While the UK economy as a whole grew during this time, the UK's population grew at a faster rate, resulting in the negative growth in GDP per capita. This suggests the UK economy's struggles with productivity are not only stagnating but getting worse. The relatively poor economic performance of the UK recently has not gone unnoticed by the electorate, with the economy consistently seen as one of the most important issues for voters since 2022. Recent shocks to the UK economy In the second quarter of 2020, at the height of the COVID-19 pandemic, the UK economy shrank by around 20 percent. Although there was a relatively swift economic recovery initially, the economy has struggled to grow much beyond its pre-pandemic size and was only around five percent larger in October 2025 when compared with February 2020. Although the labor market was quite resilient during most of this time, a long twenty-month period between 2021 and 2023 saw prices rise faster than wages, and inflation surge to a high of 11.1 percent in October 2022.

The UK economy grew by 0.5 percent in February 2026 after growing by 0.1 percent in the previous month. The momentum building in the UK economy will likely be short-lived; however, with the Iran War causing annual economic growth to be downgraded by 0.5 percent and inflation expected to be 1.5 percent higher. Labour banking on growth to turn around fortunes In December 2025, just over a year and a half after winning the last general election, the approval rating for the new Labour government was lower than the previous government, at -60 percent. Furthermore, the Prime Minister, Keir Starmer, is far less popular than other major political figures in the UK, while Labour have fallen far behind Reform UK in opinion polls. This sharp decline in popularity began shortly after winning the election due to several damaging policies, especially the withdrawal of the winter fuel allowance for some pensioners. While Labour aims to restore the UK's economic and political credibility in the long term, they will certainly hope for some good economic news sooner rather than later. Economy bounces back in 2024 after ending 2023 in recession Due to two consecutive quarters of negative economic growth, in late 2023 the UK economy ended the year in recession. After not growing at all in the second quarter of 2023, UK GDP fell by 0.1 percent in the third quarter and then by 0.3 percent in the last quarter. For the whole of 2023, the economy grew by 0.4 percent compared to 2022, and for 2024, grew by 1.1 percent. During the first two quarters of 2024, UK GDP grew by 0.7 percent, and 0.4 percent, with this relatively strong growth followed by zero percent growth in the third quarter of the year. Although the economy had started to grow again by the time of the 2024 general election, this was not enough to save the Conservative government at the time. Despite usually being seen as the best party for handling the economy, the Conservative's economic competency was behind that of Labour on the eve of the 2024 election.

Full Year GDP Growth in the United Kingdom increased to 1.40 percent in 2025 from 1.10 percent in 2024. This dataset includes a chart with historical data for the United Kingdom Full Year Gdp Growth.

The statistic shows the growth rate in the real GDP in the United Kingdom from 2020 to 2024, with projections up until 2030. In 2024, the rate of GDP growth in the United Kingdom was at around 1.1 percent compared to the previous year.The economy of the United KingdomGDP is used an indicator as to the shape of a national economy. It is one of the most regularly called upon measurements regarding the economic fitness of a country. GDP is the total market value of all final goods and services that have been produced in a country within a given period of time, usually a year. Inflation adjusted real GDP figures serve as an even more telling indication of a country’s economic state in that they act as a more reliable and clear tool as to a nation’s economic health. The gross domestic product (GDP) growth rate in the United Kingdom has started to level in recent years after taking a huge body blow in the financial collapse of 2008. The UK managed to rise from the state of dark desperation it was in between 2009 and 2010, from -3.97 to 1.8 percent. The country suffered acutely from the collapse of the banking industry, raising a number of questions within the UK with regards to the country’s heavy reliance on revenues coming from London's financial sector, arguably the most important in the world and one of the globe’s financial command centers. Since the collapse of the post-war consensus and the rise of Thatcherism, the United Kingdom has been swept along in a wave of individualism - collective ideals have been abandoned and the mass privatisation of the heavy industries was unveiled - opening them up to market competition and shifting the economic focus to that of service.The Big Bang policy, one of the cornerstones of the Thatcher government programs of reform, involved mass and sudden deregulation of financial markets. This led to huge changes in the way the financial markets in London work, and saw the many old firms being absorbed by big banks. This, one could argue, strengthened the UK financial sector greatly and while frivolous and dangerous practices brought the sector into great disrepute, the city of London alone brings in around one fifth of the countries national income making it a very prominent contributor to wealth in the UK.

The United Kingdom: Economic growth: the rate of change of real GDP: The latest value from 2024 is 1.1 percent, an increase from 0.4 percent in 2023. In comparison, the world average is 3.20 percent, based on data from 177 countries. Historically, the average for the United Kingdom from 1961 to 2024 is 2.27 percent. The minimum value, -10.3 percent, was reached in 2020 while the maximum of 8.58 percent was recorded in 2021.

Key information about United Kingdom Real GDP Growth

• The Gross Domestic Product (GDP) in United Kingdom expanded 1.3 % YoY in Sep 2025, following a growth of 1.4 % in the previous quarter.
• Real GDP Growth YoY data in UK is updated quarterly, available from Mar 1956 to Sep 2025, with an average rate of -0.4 %.
• The data reached an all-time high of 25.5 % in Jun 2021 and a record low of -21.7 % in Jun 2020.

• In the latest reports, Nominal GDP of UK reached 1,029.9 USD bn in Sep 2025.
• Its GDP deflator (implicit price deflator) increased 3.7 % in Sep 2025.
• GDP Per Capita in UK reached 53,191.3 USD in Dec 2024.
• Its Gross Savings Rate was measured at 17.5 % in Jun 2025.
• For Nominal GDP contributions, Investment accounted for 17.9 % in Jun 2025.
• Public Consumption accounted for 21.4 % in Jun 2025.
• Private Consumption accounted for 61.2 % in Jun 2025.

Monthly GDP MoM in the United Kingdom increased to 0.50 percent in February from 0.10 percent in January of 2026. This dataset includes a chart with historical data for the United Kingdom Monthly GDP MoM.

United Kingdom UK: GDP: Growth data was reported at 1.787 % in 2017. This records a decrease from the previous number of 1.936 % for 2016. United Kingdom UK: GDP: Growth data is updated yearly, averaging 2.527 % from Dec 1961 (Median) to 2017, with 57 observations. The data reached an all-time high of 6.596 % in 1970 and a record low of -4.188 % in 2009. United Kingdom UK: GDP: Growth 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: Annual Growth Rate. Annual percentage growth rate of GDP at market prices based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. 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.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted average;

Annual estimates of balanced UK regional gross domestic product (GDP). Current price estimates and chained volume measures for local authority districts, London boroughs, unitary authorities and Scottish Council areas.

The latest data from show economic growth of 0.97 percent, which is a decrease from the rate of growth of 1.2 percent in the previous quarter and
a decrease compared to the growth rate of 1.92 percent in the same quarter last year. The economic growth time series for the United Kingdom cover...

Annual estimates of balanced UK regional gross domestic product (GDP). Current price estimates and chained volume measures for UK countries, ITL1, ITL2 and ITL3 regions.

Historical dataset showing U.K. economic growth by year from 1955 to 2018.

Annual and quarterly data for UK gross domestic product (GDP) estimates, in chained volume measures and current market prices.

The Gross Domestic Product (GDP) in the United Kingdom was worth 3643.83 billion US dollars in 2024, according to official data from the World Bank. The GDP value of the United Kingdom represents 3.43 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.

Graph and download economic data for Gross Domestic Product for United Kingdom (UKNGDP) from Q1 1955 to Q4 2025 about United Kingdom and GDP.

The UK economy grew by 0.1 percent in the fourth quarter of 2025, the same growth rate recorded in the previous quarter. After ending 2023 in recession, the UK economy grew strongly in the first half of 2024, growing by 0.8 percent in Q1 and 0.6 percent in Q2, with growth slowing in the second half of the year. In the third quarter of 2020, the UK experienced record setting growth of 17 percent, which itself followed a 20 percent contraction in Q2 2020. Growing economy key to Labour's plans Since winning the 2024 general election, the UK's Labour Party have seen their popularity fall substantially. In December 2025, the government's approval rating was at -60 percent, giving them a lower approval rating than the Conservatives just before the last election. A string of unpopular policies since taking office have taken a heavy toll on support for the government. Labour hope they can reverse their declining popularity by growing the economy, which has underperformed for several years, and when measured in GDP per capita, fell in 2023, and 2024. Labor market problems After a robust 2022, the UK labor market remained resilient throughout 2023 and 2024, but has shown signs of weakness in 2025. The unemployment rate in September 2025 was five percent, up from 4.4 percent at the start of the year. In addition, the average number of job vacancies has been falling since a May 2022 peak. Another concerning aspect of the labor market, from the government's perspective, are the high levels of economic inactivity due to long-term sickness, which reached a peak of 2.84 million in late 2023, and remained at high levels throughout 2024 and 2025.

United Kingdom UK: GDP: Growth: Gross Value Added: Services data was reported at 1.516 % in 2017. This records a decrease from the previous number of 1.846 % for 2016. United Kingdom UK: GDP: Growth: Gross Value Added: Services data is updated yearly, averaging 2.632 % from Dec 1991 (Median) to 2017, with 27 observations. The data reached an all-time high of 4.829 % in 1997 and a record low of -2.785 % in 2009. United Kingdom UK: GDP: Growth: Gross Value Added: Services 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: Annual Growth Rate. Annual growth rate for value added in services based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. Services correspond to ISIC divisions 50-99. They include value added in wholesale and retail trade (including hotels and restaurants), transport, and government, financial, professional, and personal services such as education, health care, and real estate services. Also included are imputed bank service charges, import duties, and any statistical discrepancies noted by national compilers as well as discrepancies arising from rescaling. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The industrial origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3 or 4.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted average;

Monthly GDP YoY in the United Kingdom increased to 1 percent in February from 0.70 percent in January of 2026. This dataset includes a chart with historical data for the United Kingdom Monthly GDP YoY.

This dataset contains synthetic data representing key economic indicators and housing market trends in the UK from 2002 to 2023. The dataset includes quarterly data points for the following variables:

Date: Quarterly timestamps from Q1 2002 to Q4 2023. Housing Cost Index: An index representing the general trend in UK housing prices over time. The values are generated to simulate a typical upward trend observed in real estate markets. Interest Rate (%): The Bank of England's base interest rate, represented as a percentage. The values range from 0.5% to 6%, reflecting typical interest rate fluctuations. Inflation Rate (%): The Consumer Price Index (CPI) values, represented as a percentage, ranging from 1% to 5%, simulating typical inflation trends. Employment Levels (000s): The number of employed individuals in the UK, represented in thousands. The data simulates employment levels ranging from 25 million to 35 million. Growth in Wage (%): The average wage growth rate per quarter, represented as a percentage, ranging from 2% to 7%. GDP Growth Rate (%): The quarterly growth rate of the UK's Gross Domestic Product (GDP), represented as a percentage, with values ranging from -2% to 5%, simulating economic growth and contraction periods. This dataset can be used for educational purposes, including time series analysis, regression modeling, and economic research. Please note that the data is synthetic and not derived from actual historical records. It aims to replicate realistic patterns and trends observed in the UK economy and housing market during the specified period.