The UK economy expanded by 1.4% year-over-year in Q2 2026, accelerating from 0.8% growth in Q1 and revising higher from the preliminary estimates of 1.2%. This marked the strongest economic expansion since Q1 2025, mainly supported by a 1.7% increase in services output, while production rose 0.4% and construction fell 1.0%. On the expenditure side, household consumption increased 1.2%, while government consumption rose 1.2%. Gross fixed capital formation climbed 3.1%, with business investment up 5.2%. Exports increased 4.2%, while imports rose 2.5%, resulting in a positive contribution from net trade. source: Office for National Statistics

The Gross Domestic Product (GDP) in the United Kingdom expanded 1.40 percent in the second quarter of 2026 over the same quarter of the previous year. GDP Annual Growth Rate in the United Kingdom averaged 2.33 percent from 1956 until 2026, reaching an all time high of 25.40 percent in the second quarter of 2021 and a record low of -21.60 percent in the second quarter of 2020. This page provides the latest reported value for - United Kingdom GDP Annual Growth Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. United Kingdom GDP Annual Growth Rate - data, historical chart, forecasts and calendar of releases - was last updated on November of 2026.

The Gross Domestic Product (GDP) in the United Kingdom expanded 1.40 percent in the second quarter of 2026 over the same quarter of the previous year. GDP Annual Growth Rate in the United Kingdom is expected to be 1.70 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the United Kingdom GDP Annual Growth Rate is projected to trend around 1.50 percent in 2027 and 1.40 percent in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-08-13 06:00 AM
YoY Prel
Q2 1.2% 0.9% 1.1% 1.2%
2026-09-30 06:00 AM
YoY Final
Q2 1.4% 0.8% 1.2% 1.2%
2026-11-12 07:00 AM
YoY Prel
Q3 1.4% 1.7%



Components Last Previous Unit Reference
GDP from Utilities 20318.00 20776.00 GBP Million Jun 2026

Related Last Previous Unit Reference
GDP Growth Rate YoY 1.40 0.80 percent Jun 2026
GDP Constant Prices 744453.00 740509.00 GBP Million Jun 2026
GDP from Agriculture 4737.00 4701.00 GBP Million Jun 2026
GDP from Construction 37192.00 36888.00 GBP Million Jun 2026
GDP from Manufacturing 57126.00 56867.00 GBP Million Jun 2026
GDP from Mining 4558.00 4467.00 GBP Million Jun 2026
GDP from Public Administration 34598.00 34432.00 GBP Million Jun 2026
GDP from Services 547104.00 543783.00 GBP Million Jun 2026
GDP from Transport 24634.00 24653.00 GBP Million Jun 2026
GDP Growth Rate 0.50 0.60 percent Jun 2026
Gross Fixed Capital Formation 144517.00 143172.00 GBP Million Jun 2026
Gross National Product 783358.00 779646.00 GBP Million Jun 2026
Business Investment YoY 5.20 1.80 percent Jun 2026


United Kingdom GDP Annual Growth Rate
GDP The United Kingdom is the sixth largest economy in the world and the second largest in Europe after Germany. The Services sector is the most important and accounts for 79 percent to total GDP. The biggest segments within Services are: government, education and health (19 percent of total GDP); real estate (12 percent); professional, scientific and technical activities and administrative and support services (12 percent); wholesale and retail trade (11 percent); and financial and insurance (8 percent). Industry accounts for 21 percent of the GDP and the largest segments within this sector are: manufacturing (10 percent of total GDP) and construction (6 percent). The Agriculture sector accounts for only 1 percent of GDP.
Actual Previous Highest Lowest Dates Unit Frequency
1.40 0.80 25.40 -21.60 1956 - 2026 percent Quarterly
SA

News Stream
UK Annual GDP Growth Strongest in Over a Year
The UK economy expanded by 1.4% year-over-year in Q2 2026, accelerating from 0.8% growth in Q1 and revising higher from the preliminary estimates of 1.2%. This marked the strongest economic expansion since Q1 2025, mainly supported by a 1.7% increase in services output, while production rose 0.4% and construction fell 1.0%. On the expenditure side, household consumption increased 1.2%, while government consumption rose 1.2%. Gross fixed capital formation climbed 3.1%, with business investment up 5.2%. Exports increased 4.2%, while imports rose 2.5%, resulting in a positive contribution from net trade.
2026-09-30
UK Annual Growth Tops Forecasts
The UK economy expanded by 1.2% year-over-year in Q2 2026, accelerating from 0.9% growth in Q1 and exceeding the expected 1.1% expansion, preliminary estimates showed. Growth was supported by a 1.5% increase in services output, with information and communication and professional, scientific and technical activities among the largest contributors. Production output rose 0.3%, driven by manufacturing and mining and quarrying, while construction output fell 2.0%. On the expenditure side, household consumption increased 1.0%, while government consumption rose 1.4%. Gross fixed capital formation climbed 2.7%, supported by higher investment in information and communication technology and other machinery and equipment. Business investment increased 0.8%. Trade provided a drag on growth as exports increased 2.4%, while imports rose 2.9%.
2026-08-13
UK Q1 Annual GDP Growth Revised Lower
The UK economy expanded by 0.9% year-over-year in Q1 2026, revised down from the preliminary estimate of 1.1% and matching the revised pace recorded in the previous quarter. Growth was driven by a 1.2% increase in services output, while production declined 0.1% and construction fell 1.6% from a year earlier. On the expenditure side, household consumption rose 0.9%, supported by spending on restaurants, hotels, household goods, and miscellaneous items. Government consumption increased 2.7%, reflecting higher public administration, defense, and health spending, while gross fixed capital formation climbed 1.6%, driven by investment in buildings, transport equipment, and machinery. Meanwhile, exports increased 0.6%, but imports rose 2.7%, weighing on net trade.
2026-06-30