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.

Government spending in the United Kingdom was approximately 44.7 percent of GDP in 2024/25, compared with 39.6 percent in 2019/20.

The 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.

Graph and download economic data for Financial System Deposits to GDP for United Kingdom (DISCONTINUED) (DDDI08GBA156NWDB) from 1960 to 2009 about United Kingdom, deposits, financial, and GDP.

[The spreadsheet is organised into two parts. The first contains a broad set of annual data covering the UK national accounts and other financial and macroeconomic data stretching back in some cases to the late 17th century. The second and third sections cover the available monthly and quarterly data for the UK to facilitate higher frequency analysis on the macroeconomy and the financial system. The spreadsheet attempts to provide continuous historical time series for most variables up to the present day by making various assumptions about how to link the historical components together. But we also have provided the various chains of raw historical data and retained all our calculations in the spreadsheet so that the method of calculating the continuous times series is clear and users can construct their own composite estimates by using different linking procedures., This dataset contains a broad set of historical data covering the UK national accounts and other financial and macroeconomic data stretching back in some cases to the late 17th century.]

Daily data showing SAP of gas, and rolling seven-day average, traded in Great Britain over the On-the-Day Commodity Market (OCM). These are official statistics in development. Source: National Gas Transmission.

United Kingdom UK: Banking Institutions: Foreign Assets data was reported at 3,692,394.000 GBP mn in Sep 2018. This records a decrease from the previous number of 3,715,082.000 GBP mn for Jun 2018. United Kingdom UK: Banking Institutions: Foreign Assets data is updated quarterly, averaging 547,933.000 GBP mn from Mar 1963 (Median) to Sep 2018, with 223 observations. The data reached an all-time high of 3,905,217.000 GBP mn in Dec 2008 and a record low of 1,693.000 GBP mn in Mar 1963. United Kingdom UK: Banking Institutions: Foreign Assets 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: Financial System: Deposit Money Banks: Quarterly.

The United Kingdom: Financial system deposits, percent of GDP: The latest value from is percent, unavailable from percent in . In comparison, the world average is 0.00 percent, based on data from countries. Historically, the average for the United Kingdom from to is percent. The minimum value, percent, was reached in while the maximum of percent was recorded in .

Daily data showing the System Price of electricity, and rolling seven-day average, in Great Britain. These are official statistics in development. Source: Elexon.

As London looks ahead to a skills devolution deal, the capital has ambitions to create an adult skills system that is more responsive to the needs of the local economy. This work reflects on the area based review which will shape the future of the Further Education sector in London. Analysis by GLA Economics sets out what drives London’s economy, and what this means for future skills needs. In this series of papers we analyse the demand for jobs and skills to inform the Government’s area reviews of post-16 education and training, covering four London sub-regions (working papers 76-79). Thanks to London’s excellent transport links, the job opportunities available to learners are wider than a particular sub-region. The 2011 Census shows that less than half of all workers in London (48%) live in the same sub-regional area as their place of work. This calls for a broader, pan-London view (working paper 75). https://www.london.gov.uk/business-and-economy-publications/skills-londons-economy

Money Supply M3 in the United Kingdom increased to 3716531 GBP Million in October from 3708235 GBP Million in September of 2025. This dataset provides - United Kingdom Money Supply M3 - actual values, historical data, forecast, chart, statistics, economic calendar and news.

United Kingdom UK: Banking Survey: Claims on Government: Net data was reported at 588,924.000 GBP mn in Sep 2018. This records a decrease from the previous number of 602,775.000 GBP mn for Aug 2018. United Kingdom UK: Banking Survey: Claims on Government: Net data is updated monthly, averaging 23,733.000 GBP mn from Jan 1987 (Median) to Sep 2018, with 381 observations. The data reached an all-time high of 622,630.000 GBP mn in Apr 2017 and a record low of -29,210.000 GBP mn in Feb 2007. United Kingdom UK: Banking Survey: Claims on Government: Net 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: Financial System: Monetary.

Graph and download economic data for Deposit Money Bank Assets to GDP for United Kingdom (DDDI02GBA156NWDB) from 1960 to 2021 about United Kingdom, deposits, assets, banks, depository institutions, and GDP.

As London looks ahead to a skills devolution deal, the capital has ambitions to create an adult skills system that is more responsive to the needs of the local economy. This work reflects on the area based review which will shape the future of the Further Education sector in London. Analysis by GLA Economics sets out what drives London’s economy, and what this means for future skills needs. In this series of papers we analyse the demand for jobs and skills to inform the Government’s area reviews of post-16 education and training, covering four London sub-regions (working papers 76-79). Thanks to London’s excellent transport links, the job opportunities available to learners are wider than a particular sub-region. The 2011 Census shows that less than half of all workers in London (48%) live in the same sub-regional area as their place of work. This calls for a broader, pan-London view (working paper 75). https://www.london.gov.uk/business-and-economy-publications/skills-londons-economy

This study is comprised by the data collected for a wider project exploring the historical relationship between higher education and the UK economy. The project sought to provide a long-term explanation of the relationships between funding, widening access and socio-economic aspects of higher education. Three main areas were considered:
-The provision of an in-depth historical account and analysis of the numbers and extent of students and staff for the purposes of evaluating the main characteristics of UK higher education development back the 1920s.
-The provision of an in-depth historical account and evaluation of levels and structures of income and expenditure in higher education
-The interpretation of these data with reference to major socio-economic indicators.

United Kingdom UK: Banking Survey: Broad Money: % Change over Previous Year data was reported at 8.717 % in 2016. This records an increase from the previous number of 1.974 % for 2015. United Kingdom UK: Banking Survey: Broad Money: % Change over Previous Year data is updated yearly, averaging 8.825 % from Dec 1952 (Median) to 2016, with 65 observations. The data reached an all-time high of 27.901 % in 1972 and a record low of -4.418 % in 2011. United Kingdom UK: Banking Survey: Broad Money: % Change over Previous Year 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: Financial System: Monetary: Annual.

Hazards data in Sichuan (Dechang, Anning River catchment), China. Data include rainfall, earthquake, river catchment, boundary, geological map, soil map, land-cover map, road-map, DEM.