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United Kingdom GDP Annual Growth Rate

Last Release
Jun 2021
Actual
23.6 %
Forecast
N/A
Previous
-6.1 %
Frequency
Quarterly
Units In
%
Next Release
N/A
Time to Release
N/A
Highest
Lowest
Average
Date Range
Source
23.6 %
Jun 2021
-20.8 %
Jun 2020
2.31 %1956 - 2021Office 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

The British economy expanded 23.6% year-on-year in the second quarter of 2021, above initial estimates of a 22.2% increase, and rebounding from a 5.8% contraction in the previous period. It is a new record growth rate, following the easing of coronavirus restrictions, and after a record 21.4% contraction a year earlier, when the coronavirus crisis hit the economy hard. The level of GDP is now 3.3% below where it was pre-pandemic.

United Kingdom GDP Annual Growth Rate History

Last 12 readings

Latest Releases and Calendar Events

DATETIMETITLE
Sep 30, 202107:12UK Economy Expands at a New Record Pace
Aug 12, 202107:11UK GDP Annual Growth at Record High
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
DATETIMEEVENTActual
Sep 30, 202006:00GDP Growth Rate YoY Final-21.5 %
Aug 12, 202006:00GDP Growth Rate YoY Prel-21.7 %
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 %

United Kingdom gdp Indicators

All United Kingdom indicators
Indicator
Last
Previous
Min
Max
Unit
Frequency
Range
GDP
2,707.74
Dec 2020
2,830.81
Dec 2019
73.23
Dec 1960
3,100.88
Dec 2007
USD BillionYearly1960 - 2020
GDP Annual Growth Rate
23.6
Jun 2021
-6.1
Mar 2021
-20.8
Jun 2020
23.6
Jun 2021
%Quarterly1956 - 2021
GDP Constant Prices
546,556
Jun 2021
496,737
Mar 2021
112,194
Mar 1955
546,556
Jun 2021
GBP MillionQuarterly1955 - 2021
GDP From Agriculture
3,146
Jun 2021
2,824
Mar 2021
2,292
Jun 1996
3,251
Dec 2014
GBP MillionQuarterly1990 - 2021
GDP From Construction
31,269
Jun 2021
29,812
Mar 2021
20,404
Jun 2020
31,269
Jun 2021
GBP MillionQuarterly1990 - 2021
GDP From Manufacturing
49,036
Jun 2021
44,812
Mar 2021
36,142
Jun 2020
49,036
Jun 2021
GBP MillionQuarterly1990 - 2021

GDP Annual Growth Rate across Europe

GDP Annual Growth Rate global view
Country
Last
Previous
Min
Max
Unit
Frequency
Range
Albania
17.9
Jun 2021
5.53
Mar 2021
-10.84
Dec 1997
17.9
Jun 2021
%Quarterly1996 - 2021
Armenia
-8.8
Dec 2021
13.1
Jun 2021
-19.7
Sep 2009
19.1
Jun 2006
%Quarterly1998 - 2021
Austria
12
Jun 2021
-4.8
Mar 2021
-14.1
Jun 2020
12
Jun 2021
%Quarterly1997 - 2021
Belarus
5.81
Jun 2021
1.15
Mar 2021
-4.4
Dec 2015
11.05
Jun 2011
%Quarterly2011 - 2021
Belgium
14.9
Jun 2021
-0.5
Mar 2021
-13.9
Jun 2020
19.4
Mar 1995
%Quarterly1981 - 2021
Bosnia and Herzegovina
11.6
Jun 2021
1.5
Mar 2021
-9.3
Jun 2020
11.6
Jun 2021
%Quarterly2004 - 2021

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