Gross Domestic Product measures the monetary value of all finished goods and services, where GDP growth change measures a percentage year by year. In the UK, Services accounts for 79% of GDP that covers government, education, healthcare, real estate, professional, scientific and technical activities and administrative and support services, wholesale and retail trade, and financial and insurance segments. |
UK GDP Annual Growth Rate
UK GDP values remained stagnant on a year-on-year basis over the first quarter of 2017. Results were reported at 2.0%, same as previous data of 2.0% and meeting expectations of 2.0%. GDP Annual Growth Rate in the United Kingdom peaked at an all-time high point of 9.80% in the first quarter of 1973 and hit rock-bottom at -6.10% in the first quarter of 2009. |