Factcheck LedgerReceipts, not verdicts

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.

Official sources: ONS GDP · GDP monthly estimate (latest)

The latest figure

Quarter-on-quarter growth, real terms
0.5
Q2 (April to June) 2026 · Office for National Statistics (ONS) · checked 2026-10-13

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 change
    The change from one three-month period to the next, such as April to June compared with January to March. Used for GDP growth.
  • Nominal GDP
    Gross domestic product measured at current prices, without adjusting for inflation. Used for debt-to-GDP and spending-to-GDP ratios.
  • Chained volume measure
    The 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 year
    January to December. Used for GDP annual totals, registered deaths and many international comparisons, unlike the April to March financial year.
  • Output gap
    The difference between what the economy is actually producing and an estimate of what it could produce sustainably. It cannot be measured directly.
  • Technical recession
    Two consecutive quarters of falling real GDP. A widely used rule of thumb rather than a legal or official definition.

Where the figures come from

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.

Email alerts and the weekly newsletter

We'll ask you to confirm first. Every email has an unsubscribe link, and unsubscribing deletes your address. Privacy.