GDP by Category of Expenditure

The video explains the three estimates of Gross Domestic Product. GDP is the primary indicator of economic activity and, as defined by the United Nations System of National Accounts 1993 (SNA93) and the European System of Accounts 1995 (ESA95), can be estimated in three ways, which are theoretically equal. However, as the data collected and processed by ONS are based on a variety of statistical surveys and administrative data, the three estimates can be different. In order to produce a definitive estimate of quarterly or annual GDP, balancing processes are followed.

Business investment estimates are a short term indicator of capital expenditure by manufacturing and non-manufacturing businesses within the UK.