Gross Domestic Product (GDP)

Estimates of GDP are released on a monthly and quarterly basis. Monthly estimates are released alongside other short-term economic indicators. The two quarterly estimates contain data from all three approaches to measuring GDP and are called the First quarterly estimate of GDP and the Quarterly National Accounts. Data sources feeding into the two types of releases are consistent with each other.

Spotlight

Gross Domestic Product: chained volume measures: Seasonally adjusted £m

Chained Volume Measures (CVM)

£ 496,737 m

2021 Q1

Release date:: 30 June 2021
Next release:

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GDP quarterly national accounts, UK: January to March 2021

What's in the bulletin?

UK gross domestic product (GDP) is estimated to have decreased by 1.6% in Quarter 1 (Jan to Mar) 2020, revised from the first estimate of a 1.5% decline.
The level of GDP is now 8.8% below where it was pre-pandemic at Quarter 4 (Oct to Dec) 2019, revised from a first estimate of 8.7% below.
There have been contractions in services and production output, however construction output grew over the quarter.

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UK economy latest

A roundup of the latest data and analysis on the UK economy, business and jobs following Brexit and during the coronavirus (COVID-19) pandemic.

Time series related to Gross Domestic Product (GDP)

Gross Domestic Product: chained volume measures: Seasonally adjusted £m

Chained Volume Measures (CVM)

£ 496,737 m 2021 Q1

Release date:

30 June 2021

Next release:
Gross Domestic Product: Quarter on Quarter growth: CVM SA %

Chained Volume Measures (CVM)

-1.6 % 2021 Q1

Release date:

30 June 2021

Next release:
Gross Domestic Product: q-on-q4 growth rate CVM SA %

Chained Volume Measures (CVM)

-6.1 % 2021 Q1

Release date:

30 June 2021

Next release:

30 September 2021
Gross Domestic Product at market prices: Current price: Seasonally adjusted £m

Current Prices (CP)

£ 542,607 m 2021 Q1

Release date:

30 June 2021

Next release:
Gross Domestic Product: quarter on quarter growth rate: CP SA %

Current Prices (CP)

-0.2 % 2021 Q1

Release date:

30 June 2021

Next release:
Gross Domestic Product: q-on-q4 growth quarter growth: CP SA %

Current Prices (CP)

-1.6 % 2021 Q1

Release date:

30 June 2021

Next release:

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Datasets related to Gross Domestic Product (GDP)

GDP quarterly national accounts time series

Annual and quarterly data for the latest gross domestic product (GDP) estimates in chained volume measures and at current market prices.
GDP first quarterly estimate time series

A detailed breakdown of the components of GDP.
Monthly gross domestic product: time series

Monthly estimate of gross domestic product (GDP) containing constant price gross value added (GVA) data for the UK.
UK National Accounts, The Blue Book time series

Datasets for each of the chapters in The Blue Book 2019 including the national accounts at a glance, financial and non-financial corporations, households and non-profit institutions serving households and summary supply and use tables.

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Publications related to Gross Domestic Product (GDP)

Statistical bulletins

GDP monthly estimate, UK: May 2021

Gross domestic product (GDP) measures the value of goods and services produced in the UK. It estimates the size of and growth in the economy.
GDP first quarterly estimate, UK: January to March 2021

First quarterly estimate of gross domestic product (GDP). Contains current and constant price data on the value of goods and services to indicate the economic performance of the UK.
Business investment in the UK: January to March 2021 revised results

Estimates of short-term indicators of investment in non-financial assets, business investment, and asset and sector breakdowns of total gross fixed capital formation.
GDP, UK regions and countries: July to September 2020

Quarterly economic activity within the countries of the UK (England, Wales, Scotland and Northern Ireland) and the nine English regions (North East, North West, Yorkshire and The Humber, East Midlands, West Midlands, East of England, London, South East, and South West).

View all related statistical bulletins

Articles

Coronavirus (COVID-19) roundup

Catch up on the latest data and analysis related to the coronavirus (COVID-19) pandemic and its impact on our economy and society.
Coronavirus and the impact on output in the UK economy

Analysis of growth for the production, services and construction industries in the UK economy between February 2020 to May 2021, highlighting the impact from the coronavirus (COVID-19) pandemic.
The 2008 recession 10 years on

A decade after the beginning of the recession, how has the UK economy recovered?
What is GDP?

Find out more how Gross Domestic Product is used to measure the size and health of a country’s economy.
GDP and me

What's GDP go to do with you and me? Find out how your spending and work can affect GDP.
Introducing a new publication model for GDP

Upcoming changes to the GDP publication model. The new model is outlined, as well as the benefits and trade offs and the impact on data content.

Gross Domestic Product (GDP)

Spotlight

Gross Domestic Product: chained volume measures: Seasonally adjusted £m