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United Kingdom GDP Annual Growth Rate

Last Release
Mar 2020
Actual
-1.7 %
Forecast
-23 %
Previous
1.1 %
Frequency
Quarterly
Units In
%
Next Release
Sep 30, 2020
Time to Release
1 Months 20 Days 18 Hours
Highest
Lowest
Average
Date Range
Source
9.8 %
Mar 1973
-5.8 %
Mar 2009
2.43 %1956 - 2020Office for National Statistics
The United Kingdom is the sixth largest economy in the world and the second largest in Europe after Germany. The Services sector is the most important and accounts for 79 percent to total GDP. The biggest segments within Services are: government, education and health (19 percent of total GDP); real estate (12 percent); professional, scientific and technical activities and administrative and support services (12 percent); wholesale and retail trade (11 percent); and financial and insurance (8 percent). Industry accounts for 21 percent of the GDP and the largest segments within this sector are: manufacturing (10 percent of total GDP) and construction (6 percent). The Agriculture sector accounts for only 1 percent of GDP.

Latest Updates

Britain's gross domestic product expanded 1.1 percent year-on-year in the third quarter of 2019, compared to a preliminary estimate of 1.0 percent and the previous period's revised 1.2 percent. That was still the weakest growth rate since the second quarter of 2012.

United Kingdom GDP Annual Growth Rate History

Last 12 readings

Latest Releases and Calendar Events

DATETIMETITLE
Dec 20, 201911:15UK Q3 GDP Annual Growth Revised to 7-Year Low
Nov 11, 201910:23UK GDP Annual Growth Slows to 9-1/2-Year Low
Sep 30, 201909:18UK Q2 GDP Annual Growth Revised Higher
Aug 9, 201909:17UK GDP Annual Growth Slows to Over 1-Year Low
Jun 28, 201909:22UK GDP Annual Growth Confirmed at 1-1/2-Year High
May 10, 201909:16UK GDP Annual Growth at 1-1/2-Year High
Mar 29, 201911:59UK Q4 GDP Annual Growth Revised Slightly Higher to 1.4%
DATETIMEEVENTActual
Jun 30, 202006:00GDP Growth Rate YoY Final-1.7 %
May 13, 202006:00GDP Growth Rate YoY Prel-1.6 %
Mar 31, 202006:00GDP Growth Rate YoY Final1.1 %
Feb 11, 202009:30GDP Growth Rate YoY Prel1.1 %
Dec 20, 201909:30GDP Growth Rate YoY Final1.1 %
Nov 11, 201909:30GDP Growth Rate YoY Prel1 %
Sep 30, 201908:30GDP Growth Rate YoY Final1.3 %

A Look at the Markets

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United Kingdom gdp Indicators

All United Kingdom indicators
Indicator
Last
Previous
Min
Max
Unit
Frequency
Range
GDP
2,827.11
Dec 2019
2,860.67
Dec 2018
73.23
Dec 1960
3,100.88
Dec 2007
USD BillionYearly1960 - 2019
GDP Annual Growth Rate
-1.7
Mar 2020
1.1
Dec 2019
-5.8
Mar 2009
9.8
Mar 1973
%Quarterly1956 - 2020
GDP Constant Prices
512,458
Mar 2020
523,617
Dec 2019
112,194
Mar 1955
523,617
Dec 2019
GBP MillionQuarterly1955 - 2020
GDP From Agriculture
3,054
Mar 2020
3,057
Dec 2019
2,292
Jun 1996
3,251
Dec 2014
GBP MillionQuarterly1990 - 2020
GDP From Construction
28,694
Mar 2020
29,507
Dec 2019
20,732
Mar 1995
29,637
Mar 2019
GBP MillionQuarterly1990 - 2020
GDP From Manufacturing
44,760
Mar 2020
45,202
Dec 2019
40,101
Sep 1991
47,595
Dec 2006
GBP MillionQuarterly1990 - 2020

GDP Annual Growth Rate across Europe

GDP Annual Growth Rate global view
Country
Last
Previous
Min
Max
Unit
Frequency
Range
Albania
-2.52
Mar 2020
-0.15
Dec 2019
-10.84
Dec 1997
13.5
Dec 1999
%Quarterly1996 - 2020
Armenia
7.6
Dec 2020
3.8
Mar 2020
-19.7
Sep 2009
19.1
Jun 2006
%Quarterly1998 - 2020
Austria
-12.8
Jun 2020
-2.8
Mar 2020
-12.8
Jun 2020
5.6
Mar 2011
%Quarterly1997 - 2020
Belarus
1.4
Sep 2020
-0.3
Mar 2020
-4.4
Dec 2015
11.05
Jun 2011
%Quarterly2011 - 2020
Belgium
-14.5
Jun 2020
-2.4
Mar 2020
-14.5
Jun 2020
19.4
Mar 1995
%Quarterly1981 - 2020
Bosnia and Herzegovina
2
Mar 2020
1.6
Dec 2019
-6.7
Sep 2010
6.4
Sep 2011
%Quarterly2004 - 2020

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