Economy
Key measures of the UK's economic health — growth, inflation, employment, wages, and public finances.
GDP growth rate
0.5 %
-0.1pp vs 2026-Q1
As of 2026-Q2
ONS ↗/ IMF ↗
G7 avg: 0.2
GDP per capita (PPP)
$64.6k
+2.8% vs 2024
As of 2025
World Bank ↗
G7 avg: $66.5k
Total GDP
$4.0tn
+8.3% vs 2024
As of 2025
World Bank ↗
G7 avg: $7.1tn
All economy indicators
| Indicator | Latest | Change |
|---|---|---|
| GDP growth rate #4 G7 | 0.5 % | -0.1pp |
| GDP per capita (PPP) #6 G7 | $64.6k | +2.8% |
| Total GDP #4 G7 | $4.0tn | +8.3% |
| CPI inflation #5 G7 | 3.5 % | +0.4pp |
| Unemployment rate #4 G7 | 4.7 % | -0.2pp |
| Bank base rate | 3.75 % | 0.0pp |
| Public sector net debt (% GDP) #2 G7 | 94 % GDP | +0.4% |
| Government borrowing | -£25bn | -42.1% |
| Real wage growth | 0.7 % | -0.3pp |
| Trade balance | -£0.9bn | +60.3% |
| Labour productivity | 100 index | +1.0% |
| Tax burden | 36 % GDP | +4.0% |
| Business investment | £84bn | +1.8% |
| Employment rate | 75 % | +0.2pp |
| Economic inactivity rate | 21 % | 0.0pp |
| CPIH inflation | 3.6 % | +0.3pp |
| Core inflation | 1.3 % | 0.0pp |
| Retail sales growth | 0.9 % | -1.8pp |
| Claimant count | 1.7m | +1.8% |
| National debt (£) | £3.0tn | +0.8% |
| Debt interest payments | £99bn | +1.6% |
| Household savings ratio | 9.0 % | +0.3pp |