The British economy expanded 2.3% year-on-year in July of 2022, higher than a 1.9% rise in June and compared to market forecasts of a 2.6% rise. source: Office for National Statistics
Monthly GDP YoY in the United Kingdom averaged 1.86 percent from 1998 until 2022, reaching an all time high of 30 percent in April of 2021 and a record low of -24.80 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 October of 2022.
Monthly GDP YoY in the United Kingdom is expected to be 1.50 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.