The British economy expanded 24.6 percent year-on-year in May of 2021, slightly less than forecasts of 25.9 percent. source: Office for National Statistics

Economic Activity Index in the United Kingdom averaged 1.62 percent from 1998 until 2021, reaching an all time high of 27.40 percent in April of 2021 and a record low of -24.40 percent in April of 2020. This page provides - United Kingdom GDP YoY- actual values, historical data, forecast, chart, statistics, economic calendar and news. United Kingdom GDP YoY - values, historical data and charts - was last updated on August of 2021.

Economic Activity Index in the United Kingdom is expected to be 7.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Economic Activity Index in the United Kingdom to stand at 4.50 in 12 months time. In the long-term, the United Kingdom GDP YoY is projected to trend around 6.50 percent in 2022 and 1.70 percent in 2023, according to our econometric models.

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United Kingdom GDP YoY

Actual Previous Highest Lowest Dates Unit Frequency
24.60 27.40 27.40 -24.40 1998 - 2021 percent Monthly
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United Kingdom GDP Last Previous Highest Lowest Unit
GDP Growth Rate -1.60 1.30 16.90 -19.50 percent [+]
GDP Annual Growth Rate -6.10 -7.30 9.70 -21.40 percent [+]
GDP 2707.74 2830.81 3093.58 73.23 USD Billion [+]
GDP Constant Prices 496737.00 504742.00 544733.00 116532.00 GBP Million [+]
Gross National Product 534021.00 538785.00 555141.00 4692.00 GBP Million [+]
Gross Fixed Capital Formation 91836.00 93469.00 97537.00 14615.00 GBP Million [+]
GDP per capita 39102.90 43592.41 43592.41 13948.72 USD [+]
GDP per capita PPP 41627.13 46406.46 46406.46 30035.89 USD [+]
Economic Activity Index 24.60 27.40 27.40 -24.40 percent [+]
GDP From Agriculture 2824.00 2922.00 3318.00 2331.00 GBP Million [+]
GDP From Construction 29812.00 29141.00 31535.00 20074.00 GBP Million [+]
GDP From Manufacturing 44812.00 45261.00 48869.00 36108.00 GBP Million [+]
GDP From Mining 4566.00 4719.00 12725.00 4566.00 GBP Million [+]
GDP From Public Administration 24706.00 24633.00 27035.00 23177.00 GBP Million [+]
GDP From Services 352324.00 359787.00 386180.00 187172.00 GBP Million [+]
GDP From Transport 16949.00 17224.00 20177.00 10417.00 GBP Million [+]


United Kingdom GDP YoY
GDP measures the value of goods and services produced in the UK. The reading refers to a year-on-year growth rate.