How big is the UK economy (GDP)?
The ONS measures the size of the UK economy as gross domestic product (GDP). It publishes a monthly GDP estimate, a first quarterly estimate about six weeks after each quarter, and later revisions as more data arrives.
Figures come in two forms: current prices (cash value) and chained volume measures (adjusted for inflation). Growth claims should use the inflation-adjusted figures. For comparisons with other countries see how UK GDP compares.
The latest figure
The newest value is at Office for National Statistics (ONS). More on it: UK GDP growth (quarterly).
When is the next figure out?
First quarterly estimate about six weeks after the quarter ends, revised in the quarterly national accounts at the end of the following quarter, 7am; next release 12 November 2026
Every official release due in the next two weeks is on the release calendar.
Terms used in this answer
- Quarter-on-quarter changeThe change from one three-month period to the next, such as April to June compared with January to March. Used for GDP growth.
- Nominal GDPGross domestic product measured at current prices, without adjusting for inflation. Used for debt-to-GDP and spending-to-GDP ratios.
- Chained volume measureThe ONS method for showing GDP and other output after removing price changes, by linking year-to-year volume changes together. This is 'real' GDP.
- Calendar yearJanuary to December. Used for GDP annual totals, registered deaths and many international comparisons, unlike the April to March financial year.
- Output gapThe difference between what the economy is actually producing and an estimate of what it could produce sustainably. It cannot be measured directly.
- Technical recessionTwo consecutive quarters of falling real GDP. A widely used rule of thumb rather than a legal or official definition.
Where the figures come from
- UK labour market statistics (ONS, Nomis and the gender pay gap reporting service)How to find official UK figures on jobs, vacancies, zero-hours contracts, strikes, public sector jobs, sickness, inactivity and pay gaps, and check claims.
- UK trade statistics (ONS, HMRC uktradeinfo and Department for Business and Trade)Where to find official UK trade figures: the ONS trade bulletin and balance of payments, HMRC uktradeinfo by product code, and DBT country factsheets.
- UK poverty and household income statistics (DWP, ONS, DESNZ, Low Pay Commission and devolved governments)Where to find official UK poverty, household income, inequality, minimum wage and fuel poverty figures, and how to check claims about them.
Related questions
This answer says where the official figures are published and how they are defined. It gives no verdict on any claim. To report an error, send a correction request. More questions about economy, jobs and wages: all Economy, jobs and wages questions.