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United Kingdom GDP Annual Growth Rate

Last Release
Dec 2020
Actual
-7.3 %
Forecast
-4 %
Previous
-8.7 %
Frequency
Quarterly
Units In
%
Next Release
Jun 30, 2021
Time to Release
2 Months 10 Days 17 Hours
Highest
Lowest
Average
Date Range
Source
9.8 %
Mar 1973
-20.8 %
Jun 2020
2.26 %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
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
2,829.11
Dec 2019
2,860.67
Dec 2018
73.23
Dec 1960
3,100.88
Dec 2007
USD BillionYearly1960 - 2019
GDP Annual Growth Rate
-7.3
Dec 2020
-8.7
Sep 2020
-20.8
Jun 2020
9.8
Mar 1973
%Quarterly1956 - 2020
GDP Constant Prices
504,742
Dec 2020
497,401
Sep 2020
112,194
Mar 1955
523,617
Dec 2019
GBP MillionQuarterly1955 - 2020
GDP From Agriculture
2,922
Dec 2020
2,897
Sep 2020
2,292
Jun 1996
3,251
Dec 2014
GBP MillionQuarterly1990 - 2020
GDP From Construction
29,141
Dec 2020
28,774
Sep 2020
20,404
Jun 2020
29,637
Mar 2019
GBP MillionQuarterly1990 - 2020
GDP From Manufacturing
45,261
Dec 2020
43,470
Sep 2020
36,142
Jun 2020
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
2.99
Dec 2020
-3.65
Sep 2020
-10.84
Dec 1997
13.5
Dec 1999
%Quarterly1996 - 2020
Armenia
-8.8
Dec 2021
7.6
Dec 2020
-19.7
Sep 2009
19.1
Jun 2006
%Quarterly1998 - 2021
Austria
-5.7
Dec 2020
-4.2
Sep 2020
-14.1
Jun 2020
5.6
Mar 2011
%Quarterly1997 - 2020
Belarus
-0.2
Sep 2020
-3.3
Jun 2020
-4.4
Dec 2015
11.05
Jun 2011
%Quarterly2011 - 2020
Belgium
-5.1
Dec 2020
-4.3
Sep 2020
-13.9
Jun 2020
19.4
Mar 1995
%Quarterly1981 - 2020
Bosnia and Herzegovina
-3.8
Dec 2020
-6.3
Sep 2020
-9.3
Jun 2020
6.4
Sep 2011
%Quarterly2004 - 2020

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