United Kingdom GDP Growth Rate QoQ

Category: GDP Growth Rate
Units: Percent
The services sector is the most important and account for 79 percent of United Kingdom's GDP. The biggest segments within services are: government, education and health (19 percent of total GDP); real estate (12 percent); professional, scientific and technical activities and administrative and support services (12 percent); wholesale and retail trade (11 percent); and financial and insurance (8 percent). Industry accounts for 21 percent of the GDP and the largest segments within this sector are: manufacturing (10 percent of total GDP) and construction (6 percent). The Agriculture sector accounts for only 1 percent of GDP. Composition of the GDP on the expenditure side: household consumption (65 percent), government expenditure (20 percent) and gross fixed capital formation (17 percent). Exports of goods and services account for 28 percent of GDP while imports account for 30 percent, subtracting 2 percent from GDP.
A higher than expected figure should be seen as positive (bullish) for the GBP while a lower than expected figure should be seen as negative (bearish) for the GBP.

Event Details

Impact:
High
Country: United Kingdom United Kingdom
Symbol: GBP

Latest Release

Previous:
0.5%
Consensus: 0.2%
Actual:
0.1%

Next Release

Date: 07:00 AM, 23 Dec 2024
Time left: in 1 day
Consensus: 0.1%