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Dec 15, 2023 · In 2021 Q1, GDP was around 7½% below its level in 2019 Q4, having been around 20% below that level in 2020 Q2 under the first lockdown. Alongside that, fewer jobs were furloughed at the start of 2021 than during April and May 2020 (Chart B). Even though Covid restrictions had less of an effect on activity in 2021 Q1 than in the past, the ...
Feb 11, 2022 · The figures were stronger than expected, and Mr Morgan told the BBC the expansion in 2021 showed the UK was the fastest growing economy in the G7 group of nations. However, he urged caution about ...
May 6, 2021 · The UK economy will enjoy its fastest growth in more than 70 years in 2021 as Covid-19 restrictions are lifted, according to the Bank of England. The economy is expected to expand by 7.25% this ...
Jan 14, 2022 · The ONS said that, on a quarterly basis, in the final three months of 2021 the UK economy will reach or surpass pre-Covid levels seen in the last quarter of 2019 if GDP grows by at least 0.2% in ...
- Overview
- GDP estimates
- Monthly real GDP
- Broader picture
- Services sector
This article provides information about Gross Domestic Product (GDP) as a measure of UK economic growth based on goods and services produced during a given period. It includes monthly real GDP estimates for December 2022 which fell by 0.5% following an unrevised growth of 0.1% in November 2022 with annual output estimated to have grown by 4.1%. The...
The main measure of UK economic growth based on the value of goods and services produced during a given period. Three types of GDP estimates are released over a quarter as data becomes available.
Estimated to have fallen by 0.5% in December 2022, following an unrevised growth of 0.1% in November 2022, annual output estimated to have grown by 4.1%.
Flat in the three months to December 2022.
Fell by 0.8% in December 2022 after unrevised growth of 0.2% in November 2022; largest contributions from human health activities, transport and storage, sports activities, amusement and recreation, education sub-sectors .
Feb 11, 2022 · UK gross domestic product (GDP) is estimated to have increased by 1.0% in Quarter 4 (Oct to Dec) 2021 (Figure 1). Compared with the same quarter a year ago, GDP increased by 6.5%. Following the large 9.4% fall in 2020 because of the initial impact of the coronavirus (COVID-19) pandemic and public health restrictions, UK GDP saw an annual rise ...
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Jan 14, 2022 · 2. Monthly GDP. Monthly real gross domestic product (GDP) is estimated to have grown by 0.9% in November 2021, compared with a 0.2% increase in October 2021 (revised from 0.1%). This release includes revisions to the monthly data back to January 2020, consistent with the Quarterly National Accounts published on 22 December 2021.
