United Kingdom GDP Annual Growth Rate

Last Release

Jun 30, 2025

Actual

1.2

Units In

1.3

Frequency

Quarterly

Next Release

Dec 22, 2025

Time to Release

2 Months 17 Days 1 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 1.4% year-on-year in Q2 2025, revised higher from 1.2% in the initial estimate and compared to an upwardly revised 1.7% rise in Q1. Household spending grew 1.1%, the same as in the first estimate and compared to a downwardly revised 0.8% in Q1. Government expenditure increased at a faster-than-expected 2.1% (vs 1.7% initially set) and compared to an upwardly revised 2.1% in Q1. Also, exports were revised up (3.7% vs 3%), following a 4.6% jump in Q1 and import growth slowed more than initially anticipated (2.2% vs 3.3%), following a downwardly revised 7.4% in Q1. Meanwhile, growth in gross fixed capital formation slowed less than expected (2.9% vs 1.3%), and was revised down for Q1 (2.9% vs 3.5%). Business investment went up 3%, compared to a flat reading in the initial estimate and 5.8% in Q1.