UK GDP Annual Growth Rate

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.