Real GDP, United Kingdom
Real GDP was £744.5 bn in Q2 2026, up 0.5% from Q1 2026 and up 1.4% from a year earlier. The figure is published by Office for National Statistics in ONS QNA, CDID ABMI. The series starts in Q1 2006 and has 82 observations. Source: Office for National Statistics.
- On the previous reading (Q1 2026): up 0.5%, to £744.5 bn
- On a year earlier (Q2 2025): up 1.4%
- Against the five-year average of £723.2 bn: above
Sparklines: the last ten years; the amber dot marks the reading in the tile. Source: Office for National Statistics. Contains public sector information licensed under the Open Government Licence v3.0. EconoMonitor is not affiliated with or endorsed by the ONS.
Overview
Over the last five years the series ranged from £683.8 bn (Q2 2021) to £744.5 bn (Q2 2026). Since Q1 2006 the full range is £545.4 bn (Q2 2020) to £744.5 bn (Q2 2026).
Key facts
| Reading | Period | Value |
|---|---|---|
| Latest | Q2 2026 | £744.5 bn |
| Previous | Q1 2026 | £740.5 bn |
| A year earlier | Q2 2025 | £734.4 bn |
| Five-year high | Q2 2026 | £744.5 bn |
| Five-year low | Q2 2021 | £683.8 bn |
| First observation | Q1 2006 | £573.9 bn |
Unit: GBP (chained volume). Source: Office for National Statistics. Contains public sector information licensed under the Open Government Licence v3.0. EconoMonitor is not affiliated with or endorsed by the ONS.
How has it moved since Q1 2006?
Full history
- Real GDP £744bn
Last five years
- Real GDP £744bn
Latest readings
| Period | Value | Change from previous |
|---|---|---|
| Q3 2024 | £727.3 bn | +0.2% |
| Q4 2024 | £729.9 bn | +0.4% |
| Q1 2025 | £734.3 bn | +0.6% |
| Q2 2025 | £734.4 bn | +0.0% |
| Q3 2025 | £735.7 bn | +0.2% |
| Q4 2025 | £735.8 bn | +0.0% |
| Q1 2026 | £740.5 bn | +0.6% |
| Q2 2026 | £744.5 bn | +0.5% |
How does the latest reading compare?
The latest reading of £744.5 bn in Q2 2026 is above its five-year average of £723.2 bn and above its ten-year average of £696.6 bn. It is higher than 100% of all 82 readings since Q1 2006. It has risen for 10 readings in a row up to Q2 2026. Over the last 12 readings, from Q3 2023 to Q2 2026, it averaged £730.4 bn, with a high of £744.5 bn in Q2 2026 and a low of £716.4 bn in Q4 2023. In the last ten years the largest rise from one reading to the next was in Q3 2020, to £637.3 bn from £545.4 bn in Q2 2020, and the largest fall was in Q2 2020, to £545.4 bn from £681.1 bn in Q1 2020.
Among the last 9 complete years, the average was highest in 2025, at £735.0 bn, and lowest in 2020, at £627.4 bn.
The same measure elsewhere: C$2,524.1 bn in Canada (Q2 2026, Real GDP (expenditure-based)); A$699.5 bn in Australia (Q2 2026, Real GDP). Definitions differ between countries; each page gives its own.
Year by year
| Year | Average | Low | High | Last reading | Readings |
|---|---|---|---|---|---|
| 2026 | £742.5 bn | £740.5 bn | £744.5 bn | £744.5 bn Q2 2026 | 2 |
| 2025 | £735.0 bn | £734.3 bn | £735.8 bn | £735.8 bn Q4 2025 | 4 |
| 2024 | £726.2 bn | £721.6 bn | £729.9 bn | £729.9 bn Q4 2024 | 4 |
| 2023 | £718.2 bn | £716.4 bn | £719.3 bn | £716.4 bn Q4 2023 | 4 |
| 2022 | £715.1 bn | £711.2 bn | £718.0 bn | £718.0 bn Q4 2022 | 4 |
| 2021 | £680.9 bn | £639.2 bn | £705.1 bn | £705.1 bn Q4 2021 | 4 |
| 2020 | £627.4 bn | £545.4 bn | £681.1 bn | £646.0 bn Q4 2020 | 4 |
| 2019 | £697.5 bn | £693.9 bn | £700.9 bn | £700.9 bn Q4 2019 | 4 |
| 2018 | £687.9 bn | £685.6 bn | £690.2 bn | £690.2 bn Q4 2018 | 4 |
| 2017 | £676.8 bn | £668.1 bn | £685.2 bn | £685.2 bn Q4 2017 | 4 |
Averages, lows and highs are calculated by EconoMonitor from the published readings. Source: Office for National Statistics. Contains public sector information licensed under the Open Government Licence v3.0. EconoMonitor is not affiliated with or endorsed by the ONS.
How is it measured?
Gross domestic product, chained volume measures, seasonally adjusted.
Real GDP is published quarterly by Office for National Statistics in its ONS QNA, CDID ABMI release. It is measured in GBP (chained volume) and is seasonally adjusted. EconoMonitor holds all 82 readings since Q1 2006 under the publisher's code ABMI/QNA, keeps earlier values when the publisher revises them, and compares each release with the downloaded file before it is shown.
- Frequency: quarterly; seasonal adjustment: SA.
- Unit: GBP (chained volume).
- Release: ONS QNA, CDID ABMI, published by Office for National Statistics.
- Source series code: ABMI/QNA.
- Methodology: how EconoMonitor stores and checks this series.
Questions and sources
What is the latest reading of Real GDP?
£744.5 bn in Q2 2026, as published by Office for National Statistics.
How often is it updated?
Quarterly, with each ONS QNA, CDID ABMI release. EconoMonitor reloads the series after each release and keeps earlier values when the publisher revises them.
Where can I check it?
At the publisher: Office for National Statistics time series, series code ABMI/QNA.
Definitions of the other measures quoted on this page: Real GDP (expenditure-based) (CA), Real GDP (AU). Source: Statistics Canada, table 36-10-0104-01, 2026-06-30. Reproduced and distributed on an "as is" basis with the permission of Statistics Canada. For our calculations: Adapted from Statistics Canada, table 36-10-0104-01, 2026-06-30. This does not constitute an endorsement by Statistics Canada of this product. Source: Australian Bureau of Statistics, Australian National Accounts (5206.0), 2026-06-30 (CC BY 4.0). Figures calculated by EconoMonitor are based on ABS data. EconoMonitor is not affiliated with or endorsed by the ABS.
Source: Office for National Statistics. Contains public sector information licensed under the Open Government Licence v3.0. EconoMonitor is not affiliated with or endorsed by the ONS. Checks for this release: Check A passed, Check B passed.
Data and analysis only, not financial advice. Data publishers do not endorse EconoMonitor. See the disclaimer and methodology.