The British economy expanded 0.3% year-on-year in March of 2023, slowing from an upwardly revised 0.6% rise in February and compared to market forecasts of a 0.4% increase. source: Office for National Statistics

Monthly GDP YoY in the United Kingdom averaged 1.82 percent from 1998 until 2023, reaching an all time high of 29.10 percent in April of 2021 and a record low of -25.80 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 June of 2023.

Monthly GDP YoY in the United Kingdom is expected to be 0.90 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 1.40 percent in 2024 and 1.50 percent in 2025, according to our econometric models.

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United Kingdom Monthly GDP YoY

Calendar GMT Actual Previous Consensus TEForecast
2023-04-13 06:00 AM Feb 0.5% 0.4% 0.3% 0.0%
2023-05-12 06:00 AM Mar 0.3% 0.6% 0.4% 0.5%
2023-06-14 06:00 AM Apr 0.3% 0.7%

Related Last Previous Unit Reference
GDP Growth Rate 0.10 0.10 percent Mar 2023
GDP Annual Growth Rate 0.20 0.60 percent Mar 2023
GDP Constant Prices 558705.00 558005.00 GBP Million Mar 2023
Gross National Product 649370.00 630040.00 GBP Million Dec 2022
Gross Fixed Capital Formation 105511.00 104129.00 GBP Million Mar 2023
Monthly GDP YoY 0.30 0.60 percent Mar 2023
Monthly GDP MoM -0.30 0.00 percent Mar 2023
GDP from Transport 17322.00 17489.00 GBP Million Mar 2023
GDP from Services 394727.00 394370.00 GBP Million Mar 2023
GDP from Public Administration 24760.00 24937.00 GBP Million Mar 2023
GDP from Mining 4367.00 4597.00 GBP Million Mar 2023
GDP from Manufacturing 51345.00 51089.00 GBP Million Mar 2023
GDP from Construction 33203.00 32964.00 GBP Million Mar 2023
GDP from Agriculture 3566.00 3564.00 GBP Million Mar 2023
Economic Activity Index 6.90 8.80 percent Aug 2021

United Kingdom Monthly GDP YoY
GDP measures the value of goods and services produced in the UK. The reading refers to a year-on-year growth rate.
Actual Previous Highest Lowest Dates Unit Frequency
0.30 0.60 29.10 -25.80 1998 - 2023 percent Monthly