The Gross Domestic Product (GDP) in the United Kingdom expanded 0.70 percent in the fourth quarter of 2013 over the previous quarter. GDP Growth Rate in the United Kingdom is reported by the Office for National Statistics. From 1955 until 2013, the United Kingdom GDP Growth Rate averaged 0.6 Percent reaching an all time high of 5.3 Percent in March of 1973 and a record low of -2.5 Percent in June of 1958. The United Kingdom is the world’s seventh largest economy. Like in the case of many other developed nations, services is the biggest sector of the economy and accounts for more than 75 percent of total GDP. The key segments within Services are Distribution, Transport, Hotels and Restaurants (18 percent of total GDP), Government, Health and Education (20 percent); Professional and Support (11 percent); Financial and Insurance (9 percent) and Real Estate (9 percent). Although the United Kingdom is still one of the biggest manufacturers in the world, production constitutes only 10 percent of the GDP. Last big component of the GDP is Construction, which accounts for around 7 percent of total output. This page provides - United Kingdom GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-23
| 0.70 | 0.80 | 5.30 | -2.50 | 0.92 | 2014/03 | 1955 - 2013 | PERCENT | QUARTERLY |
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