UK GDP growth
Quarter-on-quarter change in UK real GDP, published by the Office for National Statistics.
GDP growth, quarter on quarter
0.5%
Data for: Q2 2026
Previous: 0.6% (Q1 2026)
What it is
Gross domestic product measures the value of everything produced in the UK. This series removes the effect of price changes (chained volume measures) and seasonal patterns.
Why it matters
Two consecutive quarters of negative growth are commonly described as a technical recession. GDP growth feeds into public finances, jobs and interest-rate decisions.
Recent history
| Date | GDP growth, quarter on quarter |
|---|---|
| Q2 2026 | 0.5% |
| Q1 2026 | 0.6% |
| Q4 2025 | 0.0% |
| Q3 2025 | 0.2% |
| Q2 2025 | 0.0% |
| Q1 2025 | 0.6% |
| Q4 2024 | 0.4% |
| Q3 2024 | 0.2% |
| Q2 2024 | 0.6% |
| Q1 2024 | 0.7% |
| Q4 2023 | -0.3% |
| Q3 2023 | -0.2% |
| Q2 2023 | 0.0% |
| Q1 2023 | 0.1% |
| Q4 2022 | 0.3% |
| Q3 2022 | 0.1% |
How to read
Latest: 0.5%
Where it comes from
Office for National Statistics (ONS), Gross Domestic Product: quarter on quarter growth, CVM SA (series IHYQ)
Careful
Information, not advice
What to do
Compare with the related indicators
Reading the uk gdp growth figure
What the latest uk gdp growth reading says
The most recent value on this page is 0.5%, for Q2 2026. Against the previous reading of 0.6%, that is −0.1% — a move down. Quarterly, with first estimates about six weeks after the quarter is how often Office for National Statistics (ONS), Gross Domestic Product: quarter on quarter growth, CVM SA (series IHYQ) publishes it, so a single reading is a snapshot and not a trend. The 16 observations in the table above, from Q3 2022 onwards, are what gives the figure context.
Where the uk gdp growth figure sits in its own history
Across the 16 readings loaded here, the series moved between -0.3% and 0.7%. The latest value sits inside that range, so nothing in this window is exceptional. A window this short cannot show a cycle. It shows the direction of travel and the size of the usual swing, which is enough to tell a normal move from an unusual one, and no more than that.
Who sets the uk gdp growth and who it affects in United Kingdom
Office for National Statistics (ONS), Gross Domestic Product: quarter on quarter growth, CVM SA (series IHYQ) publishes the uk gdp growth series, and the page links the exact dataset and its licence below. Nothing here is a second-hand copy: the figure above is read from that source and shown with the date the source gave it. People reach this page searching for "uk gdp growth", and the honest answer is the published figure plus its date. A national figure is an average: your own rate, bill or salary in United Kingdom will sit above or below it.
Glossary
Basis point
One hundredth of a percentage point. Central banks and markets talk in basis points because "a 0.25 point cut" and "a 25 basis point cut" are the same thing, and the second wording leaves no room for doubt.
Real rate
An interest rate after inflation is taken out, roughly the quoted rate minus the inflation rate. A savings account paying less than inflation has a negative real rate, which means the money loses purchasing power.
Revision
A later correction of a published figure, as the statistics office receives more complete data. Values marked provisional or estimated are the ones most likely to change, which is why the page keeps the source flag.
National average
A figure averaged over a whole country, and therefore not a quote for you. Your own mortgage rate, salary or grocery bill depends on your region, your lender or your shop and will sit above or below the average.
Year-on-year inflation
The change in a price index against the same month a year earlier. It can fall while prices are still rising, because it measures the speed of the increase, not the level of prices.
Yield
The annual return an investor earns by lending money through a bond, expressed as a percentage of its price. Price and yield move in opposite directions: when a bond gets cheaper, its yield rises.
Update frequency: Quarterly, with first estimates about six weeks after the quarter
Information only, not financial advice. Figures come from the official source shown and may be revised.