The British economy expanded 1.1% in 2024, revised up from the first estimate of 0.9%, and above 0.4% in 2023. real GDP per head on the other hand, showed no growth in 2024. Full Year GDP Growth in the United Kingdom averaged 2.44 percent from 1949 until 2024, reaching an all time high of 8.60 percent in 2021 and a record low of -10.30 percent in 2020.
Full Year GDP Growth in the United Kingdom increased to 1.10 percent in 2024 from 0.40 percent in 2023.
Full Year GDP Growth in the United Kingdom increased to 1.10 percent in 2024 from 0.40 percent in 2023. Full Year GDP Growth in the United Kingdom is expected to reach 1.40 percent by the end of 2026, according to Trading Economics global macro models and analysts expectations. In the long-term, the United Kingdom Full Year Gdp Growth is projected to trend around 1.50 percent in 2027 and 1.40 percent in 2028, according to our econometric models.