United Kingdom flag

United Kingdom GDP Growth Rate (2026)

Latest Update: September 2026
Source: IMF
The United Kingdom has a diversified high-income economy led by services, finance, consumer activity, technology, and international trade. This page explores its GDP growth trend, historical performance, international comparison, and economic outlook.
GDP Growth Rate 2026
+0.8%
Annual real GDP growth
World Rank
#170
Out of 195 countries
Change vs 2025
-0.5 pp
2025: +1.3%
Europe Rank
#36
Out of 43 countries

1. United Kingdom GDP Growth Rate in 2026

UK economic growth is influenced by household spending, services, business investment, financial activity, and trade. Inflation, interest rates, wage growth, productivity, and consumer confidence remain important factors affecting economic momentum.

2. United Kingdom GDP Growth Rate Trends (1980–2026)

The UK economy has experienced periods of strong expansion, recession, recovery, and slower mature-market growth. Services, consumption, investment, trade relationships, and productivity have played major roles in shaping its long-term trajectory.

3. United Kingdom GDP Growth Rate (Historical Data)

Year GDP Growth Rate Change (pp)
2026 +0.8% -0.5 pp
2025 +1.3% +0.2 pp
2024 +1.1% +0.8 pp
2023 +0.3% -4.9 pp
2022 +5.2% -3.3 pp
2021 +8.5% +18.5 pp
2020 -10.0% -11.3 pp
2019 +1.3% -0.3 pp
2018 +1.6% -1.4 pp
2017 +3.0% +0.8 pp

4. United Kingdom GDP Growth Performance

Current Growth Rate
+0.8%
(2026 to 2026)
5-Year Average
+1.7%
(2022 to 2026)
10-Year Average
+1.3%
(2017 to 2026)
20-Year Average
+1.3%
(2007 to 2026)
The UK economy has shown resilience despite inflation pressures, tighter financial conditions, and weak productivity growth. Services and consumer activity remain central to performance, while investment and real-income improvements can provide additional support.

5. United Kingdom GDP Growth Rate vs Europe and World

United Kingdom
+0.8%
Europe Average
+1.9%
World Average
+2.8%
0.0% 1.4% 2.8%
Annual real GDP growth (%)
United Kingdom’s GDP growth rate is approximately 1.1 pp below the Europe average and 2.0 pp below the world average.

6. United Kingdom GDP Growth Rate Ranking in Europe

Rank Country GDP Growth Rate
#32 Belarus +1.2%
#33 Russia +1.1%
#34 Finland +1.1%
#35 France +0.9%
#36 United Kingdom +0.8%
#37 Germany +0.8%
#38 Romania +0.7%
#39 Austria +0.7%
#40 Belgium +0.7%

7. Top 10 Fastest-Growing Countries in the World (2026)

Rank Country GDP Growth Rate
#1 Guyana flag Guyana +16.2%
#2 Ethiopia flag Ethiopia +9.2%
#3 Guinea flag Guinea +8.7%
#4 Uganda flag Uganda +7.5%
#5 Bhutan flag Bhutan +7.5%
#6 Rwanda flag Rwanda +7.2%
#7 Vietnam flag Vietnam +7.1%
#8 Benin flag Benin +7.0%
#9 Niger flag Niger +6.7%
#10 Libya flag Libya +6.7%

8. GDP Growth Rate and Economy Size in United Kingdom

United Kingdom GDP (Nominal)
$4.26 Trillion
(2026)
United Kingdom GDP Growth Rate
+0.8%
(2026)
The United Kingdom generally grows at a moderate pace similar to other advanced European economies. Its large services sector and global financial links distinguish its growth profile from more manufacturing-dependent economies.

9. United Kingdom GDP Growth Rate Forecast

The outlook depends on household demand, business investment, productivity improvements, inflation, and financial conditions. Stronger investment and real-income growth could support expansion, while fiscal pressures and weak productivity remain key risks.
Year GDP Growth Rate Change
2027 +1.3% +0.5 pp
2028 +1.6% +0.3 pp
2029 +1.6% 0.0 pp
2030 +1.5% -0.1 pp

10. United Kingdom GDP Growth Rate: Key Findings

United Kingdom GDP growth rate is estimated at +0.8% in 2026.
It ranks #170 globally and #36 in Europe by annual GDP growth rate.
The growth rate slowed by 0.5 percentage points compared with 2025.
The 5-year average GDP growth rate is +1.7%.
The 10-year average GDP growth rate is +1.3%.
The current rate is 1.1 percentage points below the Europe average.
The current rate is 2.0 percentage points below the world average.
The forecast GDP growth rate is +1.5% in 2030, 0.7 percentage points above the 2026 rate.

11. What Is GDP Growth Rate?

GDP growth rate measures the percentage change in a country’s real gross domestic product from one period to the next, usually year over year.
GDP Growth Rate = (Real GDPₜ − Real GDPₜ₋₁) ÷ Real GDPₜ₋₁ × 100
A positive rate indicates economic expansion, while a negative rate indicates contraction. Real GDP growth is preferred for growth comparisons because it adjusts for price changes.

12. Methodology and Data Sources

Additional Source: World Bank
Measure: Annual percentage change in real GDP
Unit: Percent (%)
Comparisons: Year-to-year rate differences are shown in percentage points (pp)
Update Frequency: Annually and when new forecasts are released
Last Updated: September 2026

13. United Kingdom GDP Growth Rate FAQs

United Kingdom GDP growth rate is estimated at +0.8% in 2026.
United Kingdom ranks #170 globally and #36 in Europe by annual GDP growth rate.
The economy is expanding, with real GDP growth of approximately +0.8% in 2026.
United Kingdom GDP growth rate was +2.1% in 2015.
United Kingdom GDP growth rate is 1.1 percentage points below the Europe average.
Disclaimer: All data are estimates based on IMF, World Bank, United Nations and related economic datasets. Figures may differ from official national statistics.