Economy
Key measures of the UK's economic health — growth, inflation, employment, wages, and public finances.
GDP growth rate
0.1 %
0.0pp vs 2025-Q3
As of 2025-Q4
ONS ↗/ IMF ↗
G7 avg: 0.2
GDP per capita (PPP)
$62.0k
+3.5% vs 2023
As of 2024
ONS ↗/ IMF ↗
G7 avg: $56.1k
CPI inflation
2.8 %
0.0pp vs 2026-04
As of 2026-05
ONS ↗/ OECD ↗
G7 avg: 2.2
All economy indicators
| Indicator | Latest | Change |
|---|---|---|
| GDP growth rate #4 G7 | 0.1 % | 0.0pp |
| GDP per capita (PPP) #5 G7 | $62.0k | +3.5% |
| CPI inflation #5 G7 | 2.8 % | 0.0pp |
| Unemployment rate #4 G7 | 4.9 % | -0.1pp |
| Bank base rate | 3.8 % | 0.0pp |
| Public sector net debt (% GDP) #2 G7 | 95 % GDP | +1.1% |
| Government borrowing | -£23bn | -1.1% |
| Real wage growth | 4.6 % | 0.0pp |
| Trade balance | -£8.4bn | +12.6% |
| Labour productivity | 99 index | -0.6% |
| Tax burden | 37 % GDP | +0.1% |
| Business investment | 77 % GDP | -2.6% |
| Employment rate | 78 % | +0.3pp |
| Economic inactivity rate | 21 % | +0.1pp |
| CPIH inflation | 3.0 % | 0.0pp |
| Core inflation | 2.2 % | -0.8pp |
| Retail sales growth | 3.3 % | +3.2pp |
| Claimant count | 1.7m | +1.9% |
| National debt (£) | £3.0tn | +1.5% |
| Debt interest payments | £102bn | +4.2% |
| Household savings ratio | 9.9 % | +0.7pp |