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United Kingdom GDP Growth Rate
Last Release
Jun 30, 2025
Actual
0.3
Units In
%
Previous
0.7
Frequency
Quarterly
Next Release
Sep 30, 2025
Time to Release
1 Months 15 Days 5 Hours
Highest | Lowest | Average | Date Range | Source |
17.6 Sep 2020 | -19.4 Jun 2020 | 0.57 % | 1955-2025 | Office for National Statistics |
The services sector is the most important and account for 79 percent of United Kingdom's 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. Composition of the GDP on the expenditure side: household consumption (65 percent), government expenditure (20 percent) and gross fixed capital formation (17 percent). Exports of goods and services account for 28 percent of GDP while imports account for 30 percent, subtracting 2 percent from GDP.
Latest Updates
The British economy grew 0.3% qoq in Q2 2025, slowing from a 0.7% expansion in Q1 but surpassing forecasts of just 0.1%, according to preliminary estimates. The moderation partly reflects activity being brought forward to February and March ahead of April’s stamp duty changes and the announcement of new US tariffs. In Q2, growth was fuelled by a 0.4% rise in services, led by computer programming and consultancy (+4.1%). Construction climbed 1.2%, while production fell 0.3% due to utilities (-6.8%) and mining (-0.3%), partly offset by a 0.3% increase in manufacturing. On the expenditure side, growth was driven mainly by a 1.2% rise in government consumption, particularly in health (vaccinations) and public administration and defence. Gross capital formation increased on the back of higher changes in valuables, inventories, and alignment adjustments, but business investment slumped 4%. Household spending rose a modest 0.1% and exports increased 1.6%, outpacing the 1.4% rise in imports.
United Kingdom GDP Growth Rate History
Last 12 readings