Spotlight
GDP monthly estimate, UK: January 2023
What's in the bulletin?
- Monthly real gross domestic product (GDP) is estimated to have grown by 0.3% in January 2023, after falling by 0.5% in December 2022.
- Looking at the broader picture, GDP was flat in the three months to January 2023.
- The services sector grew by 0.5% in January 2023, after falling by 0.8% in December 2022, with the largest contributions to growth in January 2023 coming from education, transport and storage, human health activities, and arts, entertainment and recreation activities, all of which have rebounded after falls in December 2022.
GDP first quarterly estimate, UK: October to December 2022
What's in the bulletin?
- The first quarterly estimate of UK real gross domestic product (GDP) shows there was no growth in Quarter 4 (Oct to Dec) 2022.
- Monthly estimates published today (10 February 2023) show that GDP fell by 0.5% in December 2022, following an unrevised growth of 0.1% in November 2022.
- In output terms, the services sector slowed to flat output on the quarter driven by falls in the education, and transport and storage sub-sectors.
UK economy latest
A roundup of the latest data and trends on the economy, business and jobs
Time series related to Gross Domestic Product (GDP)
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Gross Domestic Product: chained volume measures: Seasonally adjusted £m
Chained Volume Measures (CVM)
£ 557,099 m 2022 Q4- Release date:
- 10 February 2023
- Next release:
- 31 March 2023
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Gross Domestic Product: Quarter on Quarter growth: CVM SA %
Chained Volume Measures (CVM)
0 % 2022 Q4- Release date:
- 10 February 2023
- Next release:
- 31 March 2023
-
Gross Domestic Product: q-on-q4 growth rate CVM SA %
Chained Volume Measures (CVM)
0.4 % 2022 Q4- Release date:
- 10 February 2023
- Next release:
- 31 March 2023
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Gross Domestic Product at market prices: Current price: Seasonally adjusted £m
Current Prices (CP)
£ 634,246 m 2022 Q4- Release date:
- 10 February 2023
- Next release:
- 31 March 2023
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Gross Domestic Product: quarter on quarter growth rate: CP SA %
Current Prices (CP)
1.3 % 2022 Q4- Release date:
- 10 February 2023
- Next release:
- 31 March 2023
-
Gross Domestic Product: q-on-q4 growth quarter growth: CP SA %
Current Prices (CP)
7 % 2022 Q4- Release date:
- 10 February 2023
- Next release:
- 31 March 2023
Datasets related to Gross Domestic Product (GDP)
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GDP first quarterly estimate time series
A detailed breakdown of the components of GDP.
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GDP quarterly national accounts time series
Annual and quarterly data for the latest gross domestic product (GDP) estimates in chained volume measures and at current market prices.
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GDP – data tables
Annual and quarterly data for UK gross domestic product (GDP) estimates, in chained volume measures and current market prices.
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Monthly gross domestic product: time series
Monthly estimate of gross domestic product (GDP) containing constant price gross value added (GVA) data for the UK.
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UK National Accounts, The Blue Book time series
Datasets for each of the chapters in The Blue Book 2022 including the national accounts at a glance, financial and non-financial corporations, households and non-profit institutions serving households and summary supply and use tables.
Publications related to Gross Domestic Product (GDP)
Statistical bulletins
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GDP quarterly national accounts, UK: July to September 2022
Revised quarterly estimate of gross domestic product (GDP) for the UK. Uses additional data to provide a more precise indication of economic growth than the first estimate.
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GDP monthly estimate, UK: January 2023
Gross domestic product (GDP) measures the value of goods and services produced in the UK. It estimates the size of and growth in the economy.
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GDP first quarterly estimate, UK: October to December 2022
First quarterly estimate of gross domestic product (GDP). Contains current and constant price data on the value of goods and services to indicate the economic performance of the UK.
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Business investment in the UK: October to December 2022 provisional results
Estimates of short-term indicators of investment in non-financial assets, business investment, and asset and sector breakdowns of total capital formation.
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GDP, UK regions and countries: April to June 2022
Quarterly economic activity within the countries of the UK (England, Wales, Scotland and Northern Ireland) and the nine English regions (North East, North West, Yorkshire and The Humber, East Midlands, West Midlands, East of England, London, South East and South West).
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Methodology related to Gross Domestic Product (GDP)
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