The gross domestic product in the United Kingdom grew by 8.0 percent from a year earlier in November 2021, accelerating from an upwardly revised 5.1 percent expansion in the previous month and beating market expectations of 7.5 percent. source: Office for National Statistics
Monthly GDP YoY in the United Kingdom averaged 1.76 percent from 1998 until 2021, reaching an all time high of 29.90 percent in April of 2021 and a record low of -24.90 percent in April of 2020. This page includes a chart with historical data for the United Kingdom Monthly GDP YoY. United Kingdom Monthly GDP YoY - data, historical chart, forecasts and calendar of releases - was last updated on January of 2022.
Monthly GDP YoY in the United Kingdom is expected to be 6.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the United Kingdom Monthly GDP YoY is projected to trend around 2.50 percent in 2023 and 2.60 percent in 2024, according to our econometric models.