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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;
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TwitterThe UK economy grew by 0.1 percent in the third quarter of 2025, compared with 0.3 percent growth 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 16.8 percent, which itself followed the record 20.3 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 February 2025, the government's approval rating fell to a low of -54 percent, making them almost as disliked as 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. Steady labor market trends set to continue? After a robust 2022, the UK labor market remained resilient throughout 2023 and 2024. The unemployment rate at the end of 2024 was 4.4 percent, up from four percent at the start of the year, but still one of the lowest rates on record. While the average number of job vacancies has been falling since a May 2022 peak, there was a slight increase in January 2025 when compared with the previous month. The more 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.
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TwitterGovernment spending in the United Kingdom was approximately 44.7 percent of GDP in 2024/25, compared with 39.6 percent in 2019/20.
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TwitterThe government of the United Kingdom borrowed approximately 2.6 percent worth of its GDP in the 2024/25 financial year, compared with 2.3 percent in 2023/24. In 2020/21, government borrowing reached 11.6 percent of GDP, due to increased financial support to public services during the COVID-19 pandemic, combined with reduced revenue because of societal lockdowns.
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TwitterThe Economic Indicator Service (EIS) aims to deliver economic content to financial institutions on both buy and sell-side and service providers. This new service currently covers 34,351 recurring macro-economic indicators from 135 countries ( as of December 16, 2019 ) such as GDP data, unemployment releases, PMI numbers etc.
Economic Indicator Service gathers the major economic events from a variety of regions and countries around the globe and provides an Economic Events Data feed and Economic Calendar service to our clients. This service includes all previous historic data on economic indicators that are currently available on the database.
Depending on availability, information regarding economic indicators, including the details of the issuing agency as well as historical data series can be made accessible for the client. Key information about EIS: • Cloud-based service for Live Calendar – delivered via HTML/JavaScript application formats, which can then be embedded onto any website using iFrames • Alternatives methods available – such as API and JSON feed for the economic calendar that can be integrated into the company’s system • Live data – updated 24/5, immediately after the data has been released • Historical data – includes a feed of all previous economic indicators available We are currently adding additional indicators/countries from Africa as well as expanding our coverage of Indicators in G20. The calendar includes the following. • Recurring & Non-recurring indicators covering 136 countries across 21 regions. • Indicators showing high, medium, and low impact data. • Indicators showing actual, previous, and forecast data. • Indicators can be filtered across 16 subtypes. • News generation for selected high-impact data. • Indicator description and historical data up to the latest eight historical points with a chart.
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Key information about United Kingdom Real GDP Growth
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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;
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Consumer Confidence in the United Kingdom decreased to -19 points in November from -17 points in October 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.
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TwitterThe UK Business Data Survey is a telephone and online based quantitative and qualitative study of UK businesses. It seeks to understand the role of digital data in UK businesses, international transfers of data and activities undertaken for data protection compliance.
This is the second time this survey has been carried out. The quantitative survey took place from November 2021 to February 2022 and the qualitative interviews were undertaken in February 2022. A number of questions asked of businesses were new to the 2022 survey. Comparisons are made to 2021 results where possible.
The responsible analyst for this release is Berkeley J Zych. For any queries please contact ukbusinessdatasurvey@dsit.gov.uk
For any queries relating to official statistics please contact statistics@dsit.gov.uk
For media enquiries only please contact the DSIT press office:
Email: press@dsit.gov.uk
Phone: 020 7215 3000
The press office phone number and inbox is monitored at all hours.
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Graph and download economic data for Composite Leading Indicators: Composite Business Confidence Amplitude Adjusted for United Kingdom (BSCICP03GBM665S) from Mar 1977 to Jan 2024 about business sentiment, composite, United Kingdom, business, and manufacturing.
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United Kingdom UK: GDP: Growth: Imports of Goods and Services data was reported at 3.219 % in 2017. This records a decrease from the previous number of 4.832 % for 2016. United Kingdom UK: GDP: Growth: Imports of Goods and Services data is updated yearly, averaging 5.114 % from Dec 1961 (Median) to 2017, with 57 observations. The data reached an all-time high of 17.535 % in 1970 and a record low of -9.710 % in 2009. United Kingdom UK: GDP: Growth: Imports of Goods and 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 of imports of goods and services based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. Imports of goods and services represent the value of all goods and other market services received from the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted average;
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United Kingdom UK: GDP: Real: Gross Value Added at Factor Cost: Industry data was reported at 302,638.130 GBP mn in 2017. This records an increase from the previous number of 293,672.602 GBP mn for 2016. United Kingdom UK: GDP: Real: Gross Value Added at Factor Cost: Industry data is updated yearly, averaging 289,900.157 GBP mn from Dec 1990 (Median) to 2017, with 28 observations. The data reached an all-time high of 309,940.236 GBP mn in 2007 and a record low of 263,337.754 GBP mn in 1992. United Kingdom UK: GDP: Real: Gross Value Added at Factor Cost: Industry 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: Real. Industry corresponds to ISIC divisions 10-45 and includes manufacturing (ISIC divisions 15-37). It comprises value added in mining, manufacturing (also reported as a separate subgroup), construction, electricity, water, and gas. 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 origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Data are in constant local currency.; ; World Bank national accounts data, and OECD National Accounts data files.; ; Note: Data for OECD countries are based on ISIC, revision 4.
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Graph and download economic data for Economic Policy Uncertainty Index for United Kingdom (UKEPUINDXM) from Jan 1997 to Nov 2025 about academic data, uncertainty, United Kingdom, and indexes.
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United Kingdom UK: GDP: Growth: Exports of Goods and Services data was reported at 5.663 % in 2017. This records an increase from the previous number of 2.322 % for 2016. United Kingdom UK: GDP: Growth: Exports of Goods and Services data is updated yearly, averaging 4.530 % from Dec 1961 (Median) to 2017, with 57 observations. The data reached an all-time high of 21.354 % in 1970 and a record low of -8.687 % in 2009. United Kingdom UK: GDP: Growth: Exports of Goods and 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 of exports of goods and services based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. Exports of goods and services represent the value of all goods and other market services provided to the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted average;
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United Kingdom UK: GDP: Gross National Income data was reported at 2,004,358.000 GBP mn in 2017. This records an increase from the previous number of 1,916,508.000 GBP mn for 2016. United Kingdom UK: GDP: Gross National Income data is updated yearly, averaging 745,110.695 GBP mn from Dec 1970 (Median) to 2017, with 48 observations. The data reached an all-time high of 2,004,358.000 GBP mn in 2017 and a record low of 58,012.724 GBP mn in 1970. United Kingdom UK: GDP: Gross National Income data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s UK – Table UK.World Bank: Gross Domestic Product: Nominal. GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in current local currency.; ; World Bank national accounts data, and OECD National Accounts data files.; ;
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United Kingdom UK: GDP: Net Primary Income from Abroad data was reported at 514,937.000 GBP mn in Dec 2018. This records an increase from the previous number of 502,976.000 GBP mn for Sep 2018. United Kingdom UK: GDP: Net Primary Income from Abroad data is updated quarterly, averaging 400,342.000 GBP mn from Mar 1995 (Median) to Dec 2018, with 96 observations. The data reached an all-time high of 514,937.000 GBP mn in Dec 2018 and a record low of 206,005.000 GBP mn in Mar 1995. United Kingdom UK: GDP: Net Primary Income from Abroad data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s United Kingdom – Table UK.IMF.IFS: Gross Domestic Product: by Expenditure: Quarterly.
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United Kingdom UK: GDP: Real: per Capita data was reported at 27,514.498 GBP in 2017. This records an increase from the previous number of 27,207.249 GBP for 2016. United Kingdom UK: GDP: Real: per Capita data is updated yearly, averaging 18,191.242 GBP from Dec 1960 (Median) to 2017, with 58 observations. The data reached an all-time high of 27,514.498 GBP in 2017 and a record low of 8,948.840 GBP in 1960. United Kingdom UK: GDP: Real: per Capita 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: Real. GDP per capita is gross domestic product divided by midyear population. 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 constant local currency.; ; World Bank national accounts data, and OECD National Accounts data files.; ;
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United Kingdom UK: GDP: Real: Net Current Transfer from Abroad data was reported at -16,012.095 GBP mn in 2013. This records a decrease from the previous number of -5,375.578 GBP mn for 2012. United Kingdom UK: GDP: Real: Net Current Transfer from Abroad data is updated yearly, averaging 0.000 GBP mn from Dec 1960 (Median) to 2013, with 54 observations. The data reached an all-time high of 28,210.320 GBP mn in 2008 and a record low of -16,012.095 GBP mn in 2013. United Kingdom UK: GDP: Real: Net Current Transfer from Abroad 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: Real. Current transfers comprise transfers of income between residents of the reporting country and the rest of the world that carry no provisions for repayment. Net current transfers from abroad is equal to the unrequited transfers of income from nonresidents to residents minus the unrequited transfers from residents to nonresidents. Data are in constant local currency.; ; World Bank national accounts data, and OECD National Accounts data files.; ;
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United Kingdom UK: GDP: sa: Exports of Goods and Services data was reported at 617,232.000 GBP mn in 2017. This records an increase from the previous number of 554,738.000 GBP mn for 2016. United Kingdom UK: GDP: sa: Exports of Goods and Services data is updated yearly, averaging 104,055.000 GBP mn from Dec 1955 (Median) to 2017, with 63 observations. The data reached an all-time high of 617,232.000 GBP mn in 2017 and a record low of 4,166.000 GBP mn in 1955. United Kingdom UK: GDP: sa: Exports of Goods and Services data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s United Kingdom – Table UK.IMF.IFS: Gross Domestic Product: by Expenditure: Seasonally Adjusted: Annual.
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Key information about United Kingdom Money Supply M1
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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;