United Kingdom GDP Annual Growth Rate

Last Release

Jun 30, 2025

Actual

1.2

Units In

1.3

Frequency

Quarterly

Next Release

Sep 30, 2025

Time to Release

1 Months 15 Days 5 Hours

Highest	Lowest	Average	Date Range	Source
24.6 Jun 2021	-21.2 Jun 2020	2.3 %	1956-2025	Office 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 grew 1.2% year-on-year in Q2 2025, easing slightly from 1.3% in Q1 but beating forecasts of 1%, according to preliminary estimates. Household spending rose 1.1% (up from 0.9%), government expenditure increased 1.7% (from 1.5%), exports rebounded 3% (vs -0.5%), and import growth slowed to 3.3% (from 7.5%). In contrast, growth in gross fixed capital formation decelerated sharply to 1.3% (from 3.5%), while business investment almost stalled at 0.1% (from 6.1%). On the production side, services expanded 1.2%, just below Q1’s 1.4%, and production output rose 0.3% after stagnating in the prior quarter.