100+ datasets found
  1. Monthly GDP growth of the UK 2023-2025

    • statista.com
    Updated Jan 25, 2025
    + more versions
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    Statista (2025). Monthly GDP growth of the UK 2023-2025 [Dataset]. https://www.statista.com/statistics/941233/monthly-gdp-growth-uk/
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    Dataset updated
    Jan 25, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    Sep 2023 - Sep 2025
    Area covered
    United Kingdom
    Description

    The UK economy shrank by 0.1 percent in September 2025 after reporting zero growth in the previous month. Since a huge decline in GDP in April 2020, the UK economy has gradually recovered and is now slightly larger than it was before the COVID-19 pandemic. After the initial recovery from the pandemic, however, the UK economy has effectively flatlined, fluctuating between low growth and small contractions since 2022. Labour banking on growth to turn around fortunes in 2025 In February 2025, just over half a year after winning the last general election, the approval rating for the new Labour government fell to a low of -48 percent. Furthermore, the Prime Minister, Keir Starmer was not only less popular than the new Conservative leader, Kemi Badenoch, but also the leader of the Reform Party, Nigel Farage, whose party have surged in opinion polls recently. This remarkable decline in popularity for the new government is, in some part, due to a deliberate policy of making tough decisions early. Arguably, the most damaging of these policies was the withdrawal of the winter fuel allowance for some pensioners, although other factors such as a controversy about gifts and donations also hurt the government. 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 is forecast to have grown 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 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.

  2. T

    United Kingdom GDP Growth Rate

    • tradingeconomics.com
    • de.tradingeconomics.com
    • +13more
    csv, excel, json, xml
    Updated Nov 13, 2025
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    TRADING ECONOMICS (2025). United Kingdom GDP Growth Rate [Dataset]. https://tradingeconomics.com/united-kingdom/gdp-growth
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    excel, json, csv, xmlAvailable download formats
    Dataset updated
    Nov 13, 2025
    Dataset authored and provided by
    TRADING ECONOMICS
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Jun 30, 1955 - Sep 30, 2025
    Area covered
    United Kingdom
    Description

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

  3. Quarterly GDP growth of the UK 2021-2025

    • statista.com
    Updated Nov 28, 2025
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    Statista (2025). Quarterly GDP growth of the UK 2021-2025 [Dataset]. https://www.statista.com/statistics/970941/quarterly-gdp-growth-uk/
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    Dataset updated
    Nov 28, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Area covered
    United Kingdom
    Description

    The 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.

  4. Database of forecasts for the UK economy

    • gov.uk
    • s3.amazonaws.com
    Updated Apr 17, 2024
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    HM Treasury (2024). Database of forecasts for the UK economy [Dataset]. https://www.gov.uk/government/statistics/database-of-forecasts-for-the-uk-economy
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    Dataset updated
    Apr 17, 2024
    Dataset provided by
    GOV.UKhttp://gov.uk/
    Authors
    HM Treasury
    Area covered
    United Kingdom
    Description

    Each month we publish independent forecasts of key economic and fiscal indicators for the UK economy. Forecasts before 2010 are hosted by The National Archives.

    We began publishing comparisons of independent forecasts in 1986. The first database brings together selected variables from those publications, averaged across forecasters. It includes series for Gross Domestic Product, the Consumer Prices Index, the Retail Prices Index, the Retail Prices Index excluding mortgage interest payments, Public Sector Net Borrowing and the Claimant Count. Our second database contains time series of independent forecasts for GDP growth, private consumption, government consumption, fixed investment, domestic demand and net trade, for 26 forecasters with at least 10 years’ worth of submissions since 2010.

    We’d welcome feedback on how you find the database and any extra information that you’d like to see included. Email your comments to Carter.Adams@hmtreasury.gov.uk.

  5. T

    United Kingdom GDP

    • tradingeconomics.com
    • jp.tradingeconomics.com
    • +13more
    csv, excel, json, xml
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    TRADING ECONOMICS, United Kingdom GDP [Dataset]. https://tradingeconomics.com/united-kingdom/gdp
    Explore at:
    xml, excel, csv, jsonAvailable download formats
    Dataset authored and provided by
    TRADING ECONOMICS
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Dec 31, 1960 - Dec 31, 2024
    Area covered
    United Kingdom
    Description

    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.

  6. M

    GDP q/q - economic news from the United Kingdom

    • mql5.com
    csv
    Updated Dec 3, 2025
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    MQL5 Community (2025). GDP q/q - economic news from the United Kingdom [Dataset]. https://www.mql5.com/en/economic-calendar/united-kingdom/gdp-qq
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    csvAvailable download formats
    Dataset updated
    Dec 3, 2025
    Dataset authored and provided by
    MQL5 Community
    Time period covered
    Jun 28, 2019 - May 15, 2025
    Area covered
    United Kingdom
    Description

    Overview with Chart & Report: United Kingdom Gross Domestic Product q/q is the key indicator of the national economy growth. The index shows changes in the market value of goods and services produced in the country in the given

  7. Gross domestic product (GDP) per capita United Kingdom 2030 (in U.S....

    • statista.com
    Updated Nov 28, 2025
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    Statista (2025). Gross domestic product (GDP) per capita United Kingdom 2030 (in U.S. dollars) [Dataset]. https://www.statista.com/statistics/263600/gross-domestic-product-gdp-per-capita-in-the-united-kingdom/
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    Dataset updated
    Nov 28, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Area covered
    United Kingdom
    Description

    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.

  8. T

    United Kingdom GDP Annual Growth Rate

    • tradingeconomics.com
    • ru.tradingeconomics.com
    • +13more
    csv, excel, json, xml
    Updated Nov 13, 2025
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    TRADING ECONOMICS (2025). United Kingdom GDP Annual Growth Rate [Dataset]. https://tradingeconomics.com/united-kingdom/gdp-growth-annual
    Explore at:
    json, csv, excel, xmlAvailable download formats
    Dataset updated
    Nov 13, 2025
    Dataset authored and provided by
    TRADING ECONOMICS
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Mar 31, 1956 - Sep 30, 2025
    Area covered
    United Kingdom
    Description

    The Gross Domestic Product (GDP) in the United Kingdom expanded 1.30 percent in the third quarter of 2025 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.

  9. Forecasts for the UK economy: September 2024

    • gov.uk
    Updated Oct 16, 2024
    + more versions
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    HM Treasury (2024). Forecasts for the UK economy: September 2024 [Dataset]. https://www.gov.uk/government/statistics/forecasts-for-the-uk-economy-september-2024
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    Dataset updated
    Oct 16, 2024
    Dataset provided by
    GOV.UKhttp://gov.uk/
    Authors
    HM Treasury
    Area covered
    United Kingdom
    Description

    Forecasts for the UK economy is a monthly comparison of independent forecasts.

    Please note that this is a summary of published material reflecting the views of the forecasting organisations themselves and does not in any way provide new information on the Treasury’s own views. It contains only a selection of forecasters, which is subject to review.

    No significance should be attached to the inclusion or exclusion of any particular forecasting organisation. HM Treasury accepts no responsibility for the accuracy of material published in this comparison.

    This month’s edition of the forecast comparison contains short-term forecasts for 2024 and 2025.

  10. T

    United Kingdom GDP 3-Month Average

    • tradingeconomics.com
    • fr.tradingeconomics.com
    • +13more
    csv, excel, json, xml
    Updated Nov 13, 2025
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    TRADING ECONOMICS (2025). United Kingdom GDP 3-Month Average [Dataset]. https://tradingeconomics.com/united-kingdom/leading-economic-index
    Explore at:
    csv, xml, excel, jsonAvailable download formats
    Dataset updated
    Nov 13, 2025
    Dataset authored and provided by
    TRADING ECONOMICS
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Jun 30, 1997 - Sep 30, 2025
    Area covered
    United Kingdom
    Description

    Leading Economic Index the United Kingdom increased 0.10 percent in September of 2025 over the same month in the previous year. This dataset provides - United Kingdom Monthly GDP- actual values, historical data, forecast, chart, statistics, economic calendar and news.

  11. New Events Data in United Kingdom

    • kaggle.com
    zip
    Updated Sep 14, 2024
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    Techsalerator (2024). New Events Data in United Kingdom [Dataset]. https://www.kaggle.com/datasets/techsalerator/new-events-data-in-united-kingdom
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    zip(4950 bytes)Available download formats
    Dataset updated
    Sep 14, 2024
    Authors
    Techsalerator
    License

    Apache License, v2.0https://www.apache.org/licenses/LICENSE-2.0
    License information was derived automatically

    Area covered
    United Kingdom
    Description

    Techsalerator's News Events Data for the United Kingdom: A Comprehensive Overview

    Techsalerator's News Events Data for the United Kingdom provides a robust resource for businesses, researchers, and media organizations. This dataset aggregates information on major news events across the UK from various media sources, including news outlets, online publications, and social platforms. It offers valuable insights for those looking to track trends, analyze public sentiment, or monitor industry-specific developments.

    Key Data Fields - Event Date: Records the exact date of the news event. Essential for analysts tracking trends over time or businesses reacting to market changes. - Event Title: A concise headline summarizing the event. Allows users to quickly categorize and evaluate news content based on relevance. - Source: Indicates the news outlet or platform reporting the event. Helps users gauge credibility and assess the event's reach and influence. - Location: Provides geographic details about where the event occurred within the UK. Useful for regional analysis or localized marketing strategies. - Event Description: Offers a detailed summary of the event, including key developments, participants, and potential impact. Important for understanding the context and implications.

    Top 5 News Categories in the United Kingdom - Politics: Covers major news on government decisions, political movements, elections, and policy changes affecting the national landscape. - Economy: Focuses on economic indicators, inflation rates, international trade, and corporate activities impacting business and finance sectors. - Social Issues: Includes news on protests, public health, education, and other societal concerns driving public discourse. - Sports: Highlights events in football, cricket, and other popular sports, often generating widespread attention and engagement. - Technology and Innovation: Reports on tech developments, startups, and innovations in the UK’s tech sector, featuring emerging companies and advancements.

    Top 5 News Sources in the United Kingdom - BBC News: A leading news outlet known for its comprehensive coverage of national and international news, including politics, economy, and social issues. - The Guardian: Provides in-depth reporting on a wide range of topics, including politics, culture, and current affairs. - Sky News: Offers breaking news updates and live coverage on major events across the UK and globally. - The Times: A well-established newspaper delivering detailed reports on politics, business, and social issues. - The Telegraph: Features extensive coverage of news, politics, and lifestyle topics, known for its analysis and commentary.

    Accessing Techsalerator’s News Events Data for the United Kingdom To access Techsalerator’s News Events Data for the United Kingdom, please contact info@techsalerator.com with your specific needs. We will provide a customized quote based on the data fields and records you require, with delivery available within 24 hours. Ongoing access options can also be discussed.

    Included Data Fields - Event Date - Event Title - Source - Location - Event Description - Event Category (Politics, Economy, Sports, etc.) - Participants (if applicable) - Event Impact (Social, Economic, etc.)

    Techsalerator’s dataset is an invaluable tool for tracking significant events in the United Kingdom. It supports informed decision-making, whether for business strategy, market analysis, or academic research, providing a clear view of the country’s news landscape.

  12. M

    Manufacturing Production m/m - economic news from the United Kingdom

    • mql5.com
    csv
    Updated Dec 3, 2025
    + more versions
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    MQL5 Community (2025). Manufacturing Production m/m - economic news from the United Kingdom [Dataset]. https://www.mql5.com/en/economic-calendar/united-kingdom/manufacturing-production-mm
    Explore at:
    csvAvailable download formats
    Dataset updated
    Dec 3, 2025
    Dataset authored and provided by
    MQL5 Community
    Time period covered
    Mar 10, 2023 - Sep 12, 2025
    Area covered
    United Kingdom
    Description

    Overview with Chart & Report: Manufacturing Production m/m shows the change in the value of goods produced in the manufacturing sector of the UK industry in the given month compared to the previous month. Manufacturing

  13. T

    United Kingdom Balance of Trade

    • tradingeconomics.com
    • zh.tradingeconomics.com
    • +13more
    csv, excel, json, xml
    Updated Oct 16, 2025
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    TRADING ECONOMICS (2025). United Kingdom Balance of Trade [Dataset]. https://tradingeconomics.com/united-kingdom/balance-of-trade
    Explore at:
    json, excel, xml, csvAvailable download formats
    Dataset updated
    Oct 16, 2025
    Dataset authored and provided by
    TRADING ECONOMICS
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Mar 31, 1955 - Sep 30, 2025
    Area covered
    United Kingdom
    Description

    The United Kingdom recorded a trade deficit of 1094 GBP Million in September of 2025. This dataset provides - United Kingdom Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news.

  14. M

    CPI y/y - economic news from the United Kingdom

    • mql5.com
    csv
    Updated Dec 3, 2025
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    MQL5 Community (2025). CPI y/y - economic news from the United Kingdom [Dataset]. https://www.mql5.com/en/economic-calendar/united-kingdom/cpi-yy
    Explore at:
    csvAvailable download formats
    Dataset updated
    Dec 3, 2025
    Dataset authored and provided by
    MQL5 Community
    Time period covered
    Jun 21, 2023 - Oct 22, 2025
    Area covered
    United Kingdom
    Description

    Overview with Chart & Report: Consumer Price Index y/y reflects the change in prices for 700 separate consumer goods and services in the given month compared to the same month of the previous year. The items are reviewed from

  15. Most important issues facing Britain 2020-2025

    • statista.com
    Updated Jan 14, 2025
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    Statista (2025). Most important issues facing Britain 2020-2025 [Dataset]. https://www.statista.com/statistics/886366/issues-facing-britain/
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    Dataset updated
    Jan 14, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    Jan 2020 - Nov 2025
    Area covered
    United Kingdom
    Description

    Immigration was seen by 55 percent of people in the UK as one of the top three issues facing the country in November 2025. The economy was the second-most important issue for voters this month, ahead of health as a distant third. These three issues have consistently been identified as the most important issues for voters. Labour's popularity continues to sink in 2025 Despite winning the 2024 general election with a strong majority, the new Labour government has had its share of struggles since coming to power. Shortly after taking office, the approval rating for Labour stood at -2 percent, but this fell throughout the second half of 2024, and by January 2025 had sunk to a new low of -47 percent. Although this was still higher than the previous government's last approval rating of -56 percent, it is nevertheless a severe review from the electorate. Among several decisions from the government, arguably the least popular was the government withdrawing winter fuel payments. This state benefit, previously paid to all pensioners, is now only paid to those on low incomes, with millions of pensioners not receiving this payment in winter 2024. Sunak's pledges fail to prevent defeat in 2024 With an election on the horizon, and the Labour Party consistently ahead in the polls, addressing voter concerns directly was one of the best chances the Conservatives had of staying in power in 2023. At the start of that year, Rishi Sunak attempted to do this by setting out his five pledges for the next twelve months; halve inflation, grow the economy, reduce national debt, cut NHS waiting times, and stop small boats. A year later, Sunak had at best only partial success in these aims. Although the inflation rate fell, economic growth was weak and even declined in the last two quarters of 2023, although it did return to growth in early 2024. National debt was only expected to fall in the mid to late 2020s, while the trend of increasing NHS waiting times did not reverse. Small boat crossings were down from 2022, but still higher than in 2021 or 2020. .

  16. M

    Average Weekly Earnings, Total Pay y/y - economic news from the United...

    • mql5.com
    csv
    Updated Nov 22, 2025
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    MQL5 Community (2025). Average Weekly Earnings, Total Pay y/y - economic news from the United Kingdom [Dataset]. https://www.mql5.com/en/economic-calendar/united-kingdom/average-weekly-earnings-total-pay
    Explore at:
    csvAvailable download formats
    Dataset updated
    Nov 22, 2025
    Dataset authored and provided by
    MQL5 Community
    Time period covered
    Jun 13, 2023 - Oct 14, 2025
    Area covered
    United Kingdom
    Description

    Overview with Chart & Report: Average Weekly Earnings, total pay is the main indicator of changes in average personal earnings including bonuses, for a period of three months compared to the same period of the previous year. AWE

  17. M

    Public Sector Net Cash Requirement - economic news from the United Kingdom

    • mql5.com
    csv
    Updated Dec 2, 2025
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    MQL5 Community (2025). Public Sector Net Cash Requirement - economic news from the United Kingdom [Dataset]. https://www.mql5.com/en/economic-calendar/united-kingdom/public-sector-net-cash-requirement
    Explore at:
    csvAvailable download formats
    Dataset updated
    Dec 2, 2025
    Dataset authored and provided by
    MQL5 Community
    Time period covered
    Jun 21, 2023 - Oct 21, 2025
    Area covered
    United Kingdom
    Description

    Overview with Chart & Report: Public Sector Net Cash Requirement shows the amount of money that the government must borrow to maintain its financial commitments. The public sector includes central government, local authorities

  18. T

    United Kingdom GDP YoY

    • tradingeconomics.com
    csv, excel, json, xml
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    TRADING ECONOMICS, United Kingdom GDP YoY [Dataset]. https://tradingeconomics.com/united-kingdom/economic-activity-index
    Explore at:
    json, xml, excel, csvAvailable download formats
    Dataset authored and provided by
    TRADING ECONOMICS
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Jan 31, 1998 - Aug 31, 2021
    Area covered
    United Kingdom
    Description

    Economic Activity Index in the United Kingdom decreased to 6.90 percent in August from 8.80 percent in July of 2021. This dataset provides - United Kingdom GDP YoY- actual values, historical data, forecast, chart, statistics, economic calendar and news.

  19. M

    S&P Global/CIPS Services PMI - economic news from the United Kingdom

    • mql5.com
    csv
    Updated Nov 27, 2025
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    MQL5 Community (2025). S&P Global/CIPS Services PMI - economic news from the United Kingdom [Dataset]. https://www.mql5.com/en/economic-calendar/united-kingdom/markit-services-pmi
    Explore at:
    csvAvailable download formats
    Dataset updated
    Nov 27, 2025
    Dataset authored and provided by
    MQL5 Community
    Time period covered
    Jan 4, 2024 - Nov 21, 2025
    Area covered
    United Kingdom
    Description

    Overview with Chart & Report: Markit/CIPS Services Purchasing Managers Index shows the activity of purchasing managers in the services sector. It is calculated by the Markit agency and the Charted Institute of Procurement and

  20. T

    United Kingdom GDP From Services

    • tradingeconomics.com
    • zh.tradingeconomics.com
    • +13more
    csv, excel, json, xml
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    TRADING ECONOMICS, United Kingdom GDP From Services [Dataset]. https://tradingeconomics.com/united-kingdom/gdp-from-services
    Explore at:
    json, csv, xml, excelAvailable download formats
    Dataset authored and provided by
    TRADING ECONOMICS
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Mar 31, 1990 - Sep 30, 2025
    Area covered
    United Kingdom, United Kingdom
    Description

    GDP from Services in the United Kingdom increased to 515505 GBP Million in the third quarter of 2025 from 514541 GBP Million in the second quarter of 2025. This dataset provides - United Kingdom Gdp From Services- actual values, historical data, forecast, chart, statistics, economic calendar and news.

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Statista (2025). Monthly GDP growth of the UK 2023-2025 [Dataset]. https://www.statista.com/statistics/941233/monthly-gdp-growth-uk/
Organization logo

Monthly GDP growth of the UK 2023-2025

Explore at:
Dataset updated
Jan 25, 2025
Dataset authored and provided by
Statistahttp://statista.com/
Time period covered
Sep 2023 - Sep 2025
Area covered
United Kingdom
Description

The UK economy shrank by 0.1 percent in September 2025 after reporting zero growth in the previous month. Since a huge decline in GDP in April 2020, the UK economy has gradually recovered and is now slightly larger than it was before the COVID-19 pandemic. After the initial recovery from the pandemic, however, the UK economy has effectively flatlined, fluctuating between low growth and small contractions since 2022. Labour banking on growth to turn around fortunes in 2025 In February 2025, just over half a year after winning the last general election, the approval rating for the new Labour government fell to a low of -48 percent. Furthermore, the Prime Minister, Keir Starmer was not only less popular than the new Conservative leader, Kemi Badenoch, but also the leader of the Reform Party, Nigel Farage, whose party have surged in opinion polls recently. This remarkable decline in popularity for the new government is, in some part, due to a deliberate policy of making tough decisions early. Arguably, the most damaging of these policies was the withdrawal of the winter fuel allowance for some pensioners, although other factors such as a controversy about gifts and donations also hurt the government. 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 is forecast to have grown 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 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.

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