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- In 2023, the UK's economy experienced a growth rate of 0.1 percent according to Statista1, while other sources report a slightly higher growth rate of 0.3 percent2. The Office for National Statistics also reported a growth of 0.1% in Quarter 1 (Jan to Mar) 20233. It's important to note that these figures are subject to revision as more data becomes available.Learn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.
The United Kingdom's economy grew by 0.1 percent in 2023, after a growth rate of 4.3 percent in 2022. 8.7 percent in 2021, and a record 10.4 percent decline in 2020.
www.statista.com/statistics/281734/gdp-growth-in-t…In 2023 the gross domestic product (GDP) of the United Kingdom grew by 0.3 percent and is expected to grow by 0.8 percent in 2024 and 1.9 percent in 2025.
www.statista.com/statistics/375195/gdp-growth-for…The Office for National Statistics reports that the UK economy grew by 0.1% in Quarter 1 (Jan to Mar) 2023, after a 0.5% increase in January and a 0.3% fall in March. The GDP deflator rose by 6.3% in Quarter 1 2023, an easing from the previous quarter.
www.ons.gov.uk/economy/grossdomesticproductgdpThe UK economy looks set to continue expanding until the end of 2025, but growth will remain very sluggish. A growth rate of 0.6% is now expected for the whole of 2023, dropping to 0.4% in 2024, and nudging up only slightly to 0.6% in 2025.
www.ons.gov.uk/economy/grossdomesticproductg…UK gross domestic product (GDP) is estimated to have fallen by an unrevised 0.3% in Quarter 4 (Oct to Dec) 2023, following an unrevised fall of 0.1% in the previous quarter. The economy...
www.britishchambers.org.uk/news/2023/12/bcc-ec… - People also ask
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Gross Domestic Product (GDP) - Office for National Statistics
This article provides information about Gross Domestic Product (GDP) as a measure of UK economic growth based on goods and services produced during a given period. It includes monthly real GDP estimates for December 2022 which fell by 0.5% following an unrevised growth of 0.1% in November 2022 … See more
The main measure of UK economic growth based on the value of goods and services produced during a given period. Three types of GDP estimates are released over a quarter as data becomes available. See more
Estimated to have fallen by 0.5% in December 2022, following an unrevised growth of 0.1% in November 2022, annual output estimated to … See more
Fell by 0.8% in December 2022 after unrevised growth of 0.2% in November 2022; largest contributions from human health activities, … See more
Flat in the three months to December 2022. See more
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