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United Kingdom Monthly Gross Domestic Product (GDP) Month-over-Month (MoM)

Price

0.2 %

Change +/-

-0.1 %

Percentage Change

-40.00 %

The current value of the Monthly Gross Domestic Product (GDP) Month-over-Month (MoM) in United Kingdom is 0.2 %. The Monthly Gross Domestic Product (GDP) Month-over-Month (MoM) in United Kingdom decreased to 0.2 % on 2/1/2024, after it was 0.3 % on 1/1/2024. From 2/1/1997 to 4/1/2024, the average GDP in United Kingdom was 0.16 %. The all-time high was reached on 6/1/2020 with 9.7 %, while the lowest value was recorded on 4/1/2020 with -19.6 %.

Source: Office for National Statistics

Monthly Gross Domestic Product (GDP) Month-over-Month (MoM) ·

3 years
5 years
10 years
25 Years
Max

Monthly GDP MoM

	Monthly GDP MoM
2/1/1997	1.4 %
3/1/1997	0.3 %
4/1/1997	0.5 %
6/1/1997	0.6 %
7/1/1997	0.1 %
8/1/1997	0.4 %
9/1/1997	0.4 %
10/1/1997	0.3 %
11/1/1997	0.3 %
12/1/1997	0.7 %
2/1/1998	0.7 %
4/1/1998	1 %
7/1/1998	0.5 %
8/1/1998	0.4 %
9/1/1998	0.1 %
10/1/1998	0.2 %
11/1/1998	0.4 %
12/1/1998	0.5 %
2/1/1999	0.4 %
5/1/1999	0.9 %
6/1/1999	0.1 %
7/1/1999	0.8 %
8/1/1999	0.4 %
9/1/1999	0.2 %
10/1/1999	0.6 %
11/1/1999	0.5 %
1/1/2000	0.7 %
2/1/2000	0.2 %
4/1/2000	0.6 %
5/1/2000	0.3 %
6/1/2000	0.4 %
8/1/2000	1 %
10/1/2000	0.2 %
11/1/2000	0.2 %
12/1/2000	0.3 %
1/1/2001	0.3 %
2/1/2001	0.2 %
4/1/2001	0.3 %
6/1/2001	0.2 %
7/1/2001	0.1 %
8/1/2001	0.3 %
10/1/2001	0.3 %
12/1/2001	0.1 %
1/1/2002	0.5 %
3/1/2002	0.4 %
4/1/2002	0.5 %
5/1/2002	0.6 %
7/1/2002	1.4 %
8/1/2002	0.4 %
9/1/2002	0.4 %
10/1/2002	0.1 %
11/1/2002	0.2 %
1/1/2003	0.4 %
2/1/2003	0.3 %
4/1/2003	0.7 %
6/1/2003	0.6 %
7/1/2003	0.4 %
8/1/2003	0.1 %
9/1/2003	0.7 %
10/1/2003	0.3 %
12/1/2003	0.4 %
2/1/2004	0.5 %
3/1/2004	0.2 %
5/1/2004	0.2 %
6/1/2004	0.5 %
9/1/2004	0.3 %
10/1/2004	0.2 %
11/1/2004	0.1 %
1/1/2005	0.9 %
4/1/2005	1.5 %
6/1/2005	0.5 %
7/1/2005	0.7 %
8/1/2005	0.1 %
9/1/2005	0.1 %
10/1/2005	0.5 %
11/1/2005	0.9 %
12/1/2005	0.6 %
3/1/2006	0.4 %
5/1/2006	0.4 %
6/1/2006	0.4 %
8/1/2006	0.6 %
9/1/2006	0.4 %
11/1/2006	0.2 %
12/1/2006	0.3 %
1/1/2007	0.1 %
2/1/2007	0.3 %
3/1/2007	0.3 %
4/1/2007	0.3 %
5/1/2007	0.1 %
6/1/2007	0.1 %
7/1/2007	0.3 %
8/1/2007	0.3 %
9/1/2007	0.1 %
10/1/2007	0.2 %
11/1/2007	0.4 %
12/1/2007	0.2 %
1/1/2008	0.2 %
2/1/2008	0.4 %
4/1/2008	0.4 %
4/1/2009	1 %
6/1/2009	0.2 %
7/1/2009	0.6 %
9/1/2009	0.4 %
10/1/2009	0.1 %
12/1/2009	0.4 %
2/1/2010	1.3 %
3/1/2010	0.8 %
5/1/2010	0.3 %
6/1/2010	0.2 %
7/1/2010	0.3 %
8/1/2010	0.3 %
9/1/2010	0.3 %
10/1/2010	0.3 %
1/1/2011	0.4 %
2/1/2011	0.8 %
3/1/2011	0.5 %
5/1/2011	1.2 %
7/1/2011	0.4 %
9/1/2011	0.2 %
11/1/2011	1.1 %
12/1/2011	0.4 %
3/1/2012	0.6 %
5/1/2012	1.4 %
7/1/2012	2 %
8/1/2012	0.4 %
10/1/2012	0.4 %
11/1/2012	0.2 %
2/1/2013	0.9 %
5/1/2013	0.4 %
6/1/2013	0.2 %
7/1/2013	0.4 %
8/1/2013	0.2 %
10/1/2013	0.6 %
1/1/2014	0.3 %
2/1/2014	1 %
3/1/2014	0.8 %
5/1/2014	0.2 %
6/1/2014	0.2 %
7/1/2014	0.5 %
9/1/2014	0.5 %
10/1/2014	0.2 %
12/1/2014	0.5 %
2/1/2015	0.3 %
3/1/2015	0.3 %
4/1/2015	0.5 %
7/1/2015	0.3 %
9/1/2015	0.3 %
10/1/2015	0.5 %
12/1/2015	0.1 %
2/1/2016	0.3 %
3/1/2016	0.3 %
4/1/2016	0.6 %
6/1/2016	0.2 %
7/1/2016	0.4 %
8/1/2016	0.1 %
9/1/2016	0.3 %
10/1/2016	0.1 %
11/1/2016	0.3 %
12/1/2016	0.1 %
1/1/2017	0.5 %
2/1/2017	0.1 %
3/1/2017	0.1 %
4/1/2017	0.3 %
5/1/2017	0.3 %
6/1/2017	0.1 %
7/1/2017	0.1 %
8/1/2017	0.3 %
9/1/2017	0.5 %
11/1/2017	0.3 %
2/1/2018	0.1 %
3/1/2018	0.5 %
5/1/2018	0.4 %
6/1/2018	0.2 %
7/1/2018	0.2 %
8/1/2018	0.2 %
9/1/2018	0.1 %
11/1/2018	0.4 %
1/1/2019	0.2 %
2/1/2019	0.4 %
5/1/2019	0.4 %
6/1/2019	0.3 %
7/1/2019	0.4 %
9/1/2019	0.4 %
5/1/2020	2.1 %
6/1/2020	9.7 %
7/1/2020	6.6 %
8/1/2020	3 %
9/1/2020	1.3 %
10/1/2020	0.6 %
12/1/2020	1.3 %
2/1/2021	1.1 %
3/1/2021	2.3 %
4/1/2021	3.7 %
5/1/2021	1.6 %
6/1/2021	1.2 %
8/1/2021	0.9 %
9/1/2021	0.6 %
10/1/2021	0.3 %
11/1/2021	0.7 %
1/1/2022	0.5 %
2/1/2022	0.5 %
3/1/2022	0.1 %
5/1/2022	0.7 %
7/1/2022	0.4 %
8/1/2022	0.1 %
10/1/2022	0.8 %
1/1/2023	0.4 %
2/1/2023	0.2 %
4/1/2023	0.1 %
6/1/2023	0.8 %
11/1/2023	0.2 %
1/1/2024	0.3 %
2/1/2024	0.2 %

Monthly Gross Domestic Product (GDP) Month-over-Month (MoM) History

Date	Value
2/1/2024	0.2 %
1/1/2024	0.3 %
11/1/2023	0.2 %
6/1/2023	0.8 %
4/1/2023	0.1 %
2/1/2023	0.2 %
1/1/2023	0.4 %
10/1/2022	0.8 %
8/1/2022	0.1 %
7/1/2022	0.4 %
5/1/2022	0.7 %
3/1/2022	0.1 %
2/1/2022	0.5 %
1/1/2022	0.5 %
11/1/2021	0.7 %
10/1/2021	0.3 %
9/1/2021	0.6 %
8/1/2021	0.9 %
6/1/2021	1.2 %
5/1/2021	1.6 %
4/1/2021	3.7 %
3/1/2021	2.3 %
2/1/2021	1.1 %
12/1/2020	1.3 %
10/1/2020	0.6 %
9/1/2020	1.3 %
8/1/2020	3 %
7/1/2020	6.6 %
6/1/2020	9.7 %
5/1/2020	2.1 %
9/1/2019	0.4 %
7/1/2019	0.4 %
6/1/2019	0.3 %
5/1/2019	0.4 %
2/1/2019	0.4 %
1/1/2019	0.2 %
11/1/2018	0.4 %
9/1/2018	0.1 %
8/1/2018	0.2 %
7/1/2018	0.2 %
6/1/2018	0.2 %
5/1/2018	0.4 %
3/1/2018	0.5 %
2/1/2018	0.1 %
11/1/2017	0.3 %
9/1/2017	0.5 %
8/1/2017	0.3 %
7/1/2017	0.1 %
6/1/2017	0.1 %
5/1/2017	0.3 %
4/1/2017	0.3 %
3/1/2017	0.1 %
2/1/2017	0.1 %
1/1/2017	0.5 %
12/1/2016	0.1 %
11/1/2016	0.3 %
10/1/2016	0.1 %
9/1/2016	0.3 %
8/1/2016	0.1 %
7/1/2016	0.4 %
6/1/2016	0.2 %
4/1/2016	0.6 %
3/1/2016	0.3 %
2/1/2016	0.3 %
12/1/2015	0.1 %
10/1/2015	0.5 %
9/1/2015	0.3 %
7/1/2015	0.3 %
4/1/2015	0.5 %
3/1/2015	0.3 %
2/1/2015	0.3 %
12/1/2014	0.5 %
10/1/2014	0.2 %
9/1/2014	0.5 %
7/1/2014	0.5 %
6/1/2014	0.2 %
5/1/2014	0.2 %
3/1/2014	0.8 %
2/1/2014	1 %
1/1/2014	0.3 %
10/1/2013	0.6 %
8/1/2013	0.2 %
7/1/2013	0.4 %
6/1/2013	0.2 %
5/1/2013	0.4 %
2/1/2013	0.9 %
11/1/2012	0.2 %
10/1/2012	0.4 %
8/1/2012	0.4 %
7/1/2012	2 %
5/1/2012	1.4 %
3/1/2012	0.6 %
12/1/2011	0.4 %
11/1/2011	1.1 %
9/1/2011	0.2 %
7/1/2011	0.4 %
5/1/2011	1.2 %
3/1/2011	0.5 %
2/1/2011	0.8 %
1/1/2011	0.4 %
10/1/2010	0.3 %
9/1/2010	0.3 %
8/1/2010	0.3 %
7/1/2010	0.3 %
6/1/2010	0.2 %
5/1/2010	0.3 %
3/1/2010	0.8 %
2/1/2010	1.3 %
12/1/2009	0.4 %
10/1/2009	0.1 %
9/1/2009	0.4 %
7/1/2009	0.6 %
6/1/2009	0.2 %
4/1/2009	1 %
4/1/2008	0.4 %
2/1/2008	0.4 %
1/1/2008	0.2 %
12/1/2007	0.2 %
11/1/2007	0.4 %
10/1/2007	0.2 %
9/1/2007	0.1 %
8/1/2007	0.3 %
7/1/2007	0.3 %
6/1/2007	0.1 %
5/1/2007	0.1 %
4/1/2007	0.3 %
3/1/2007	0.3 %
2/1/2007	0.3 %
1/1/2007	0.1 %
12/1/2006	0.3 %
11/1/2006	0.2 %
9/1/2006	0.4 %
8/1/2006	0.6 %
6/1/2006	0.4 %
5/1/2006	0.4 %
3/1/2006	0.4 %
12/1/2005	0.6 %
11/1/2005	0.9 %
10/1/2005	0.5 %
9/1/2005	0.1 %
8/1/2005	0.1 %
7/1/2005	0.7 %
6/1/2005	0.5 %
4/1/2005	1.5 %
1/1/2005	0.9 %
11/1/2004	0.1 %
10/1/2004	0.2 %
9/1/2004	0.3 %
6/1/2004	0.5 %
5/1/2004	0.2 %
3/1/2004	0.2 %
2/1/2004	0.5 %
12/1/2003	0.4 %
10/1/2003	0.3 %
9/1/2003	0.7 %
8/1/2003	0.1 %
7/1/2003	0.4 %
6/1/2003	0.6 %
4/1/2003	0.7 %
2/1/2003	0.3 %
1/1/2003	0.4 %
11/1/2002	0.2 %
10/1/2002	0.1 %
9/1/2002	0.4 %
8/1/2002	0.4 %
7/1/2002	1.4 %
5/1/2002	0.6 %
4/1/2002	0.5 %
3/1/2002	0.4 %
1/1/2002	0.5 %
12/1/2001	0.1 %
10/1/2001	0.3 %
8/1/2001	0.3 %
7/1/2001	0.1 %
6/1/2001	0.2 %
4/1/2001	0.3 %
2/1/2001	0.2 %
1/1/2001	0.3 %
12/1/2000	0.3 %
11/1/2000	0.2 %
10/1/2000	0.2 %
8/1/2000	1 %
6/1/2000	0.4 %
5/1/2000	0.3 %
4/1/2000	0.6 %
2/1/2000	0.2 %
1/1/2000	0.7 %
11/1/1999	0.5 %
10/1/1999	0.6 %
9/1/1999	0.2 %
8/1/1999	0.4 %
7/1/1999	0.8 %
6/1/1999	0.1 %
5/1/1999	0.9 %
2/1/1999	0.4 %
12/1/1998	0.5 %
11/1/1998	0.4 %
10/1/1998	0.2 %
9/1/1998	0.1 %
8/1/1998	0.4 %
7/1/1998	0.5 %
4/1/1998	1 %
2/1/1998	0.7 %
12/1/1997	0.7 %
11/1/1997	0.3 %
10/1/1997	0.3 %
9/1/1997	0.4 %
8/1/1997	0.4 %
7/1/1997	0.1 %
6/1/1997	0.6 %
4/1/1997	0.5 %
3/1/1997	0.3 %
2/1/1997	1.4 %

...

Similar Macro Indicators to Monthly Gross Domestic Product (GDP) Month-over-Month (MoM)

Name	Current	Previous	Frequency
🇬🇧 Annual GDP Growth Rate	0.7 %	0.3 %	Quarter
🇬🇧 GDP	3.34 T USD	3.089 T USD	Annually
🇬🇧 GDP at constant prices	640.002 B GBP	639.095 B GBP	Quarter
🇬🇧 GDP from Agriculture	4.242 B GBP	4.195 B GBP	Quarter
🇬🇧 GDP from Construction	35.163 B GBP	35.238 B GBP	Quarter
🇬🇧 GDP from Manufacturing	51.336 B GBP	51.688 B GBP	Quarter
🇬🇧 GDP from Mining	3.301 B GBP	3.374 B GBP	Quarter
🇬🇧 GDP from Public Administration	29.527 B GBP	29.322 B GBP	Quarter
🇬🇧 GDP from Services	461.233 B GBP	458.33 B GBP	Quarter
🇬🇧 GDP from the Transportation Sector	21.198 B GBP	21.276 B GBP	Quarter
🇬🇧 GDP Growth for the Full Year	0.1 %	4.3 %	Annually
🇬🇧 GDP Growth Rate	0.7 %	-0.3 %	Quarter
🇬🇧 GDP per capita	47,005.12 USD	47,343.47 USD	Annually
🇬🇧 GDP per capita PPP	54,126.14 USD	54,515.75 USD	Annually
🇬🇧 Gross Capital Expenditure	113.833 B GBP	113.179 B GBP	Quarter
🇬🇧 Gross National Income	668.636 B GBP	671.335 B GBP	Quarter
🇬🇧 Monthly GDP YoY	1 %	1.1 %	Monthly

GDP quantifies the value of goods and services generated in the UK, with the reading indicating the month-over-month growth rate.

What is Monthly Gross Domestic Product (GDP) Month-over-Month (MoM)?

Monthly GDP MoM: An In-Depth Analysis of a Vital Macroeconomic Indicator Gross Domestic Product (GDP) is a paramount measure in macroeconomics, representing the total value of goods and services produced over a specific time period within a nation. The Monthly GDP Month-on-Month (MoM) indicator further refines this broad concept by focusing on the short-term fluctuations and trends in economic production. At Eulerpool, we pride ourselves in providing comprehensive, precise, and timely macroeconomic data, and the Monthly GDP MoM statistic is an indispensable part of our offering for economists, analysts, policymakers, and stakeholders interested in the nuanced dynamics of a nation's economy. Understanding the Monthly GDP MoM The Monthly GDP MoM metric calculates the change in GDP from one month to the next. Unlike the more traditionally referenced quarterly or annual GDP figures, the MoM statistic provides a granular view of economic performance, offering timely insights that can be crucial for making informed decisions. The indicator is typically expressed as a percentage, representing the growth rate or contraction of the economy within the span of a single month. Why Monthly GDP MoM Matters Monthly GDP MoM is particularly valuable for several reasons. Firstly, it provides an early indication of economic trends. Waiting for quarterly or annual figures can delay critical decisions; however, monthly data allows for a more immediate understanding of economic conditions. For instance, in periods of economic volatility or uncertainty, such as during a financial crisis or a global pandemic, having access to monthly data can be instrumental in timely policy formulation and economic interventions. Secondly, Monthly GDP MoM helps in identifying short-term economic anomalies or disruptions. An unexpected surge or decline in the monthly GDP MoM can signal underlying issues that may not be evident in quarterly or annual data, allowing for quicker diagnostic and corrective measures. These could include sudden shifts in consumer spending, investment behavior, or industrial production, offering a more nuanced understanding of the economic terrain. Key Factors Influencing Monthly GDP MoM Several factors can influence the Monthly GDP MoM figures. Consumer spending is a primary driver, as it accounts for a significant proportion of economic activity. Changes in consumer behavior, influenced by factors such as employment levels, income changes, or consumer confidence, can have immediate effects on monthly GDP. Investment by businesses also plays a crucial role. Fluctuations in corporate investments, influenced by interest rates, business sentiment, or access to credit, can directly impact monthly GDP. A surge in business investments typically signals optimism about future economic prospects, whereas a decline might raise red flags about looming economic troubles. Government spending is another potent factor. Policy decisions involving fiscal stimulus, public projects, and welfare programs can cause significant month-to-month variations in GDP. Similarly, changes in taxation or regulatory environments can either spur or stifle economic activity. Furthermore, external trade has a significant impact. Variations in export and import volumes, driven by global demand, exchange rates, and international trade policies, can cause substantial month-to-month fluctuations in GDP. A favorable balance of trade can enhance GDP, while trade deficits may detract from it. The Role of Monthly GDP MoM in Policy and Investment Decisions For policymakers, the Monthly GDP MoM is a critical tool. It provides a lens through which the immediate effects of economic policies can be observed. For example, in implementing monetary policy, central banks may closely monitor monthly GDP changes to gauge the impact of interest rate adjustments. A positive monthly GDP growth in response to interest rate cuts might signal the effectiveness of the policy in stimulating economic activity. For businesses and investors, Monthly GDP MoM is equally indispensable. Investment decisions often hinge on the latest economic indicators. Monthly GDP MoM provides the timely data needed to make informed judgments about market conditions, sectoral performance, and future economic prospects. For instance, a consistent monthly GDP growth trend might bolster investor confidence, leading to increased capital investment and stock market performance. Challenges and Limitations While Monthly GDP MoM is a powerful indicator, it is not without its challenges and limitations. The data collection process can be complex and is often subject to revisions. Initial estimates may be based on incomplete data and can undergo significant adjustments as more comprehensive information becomes available. Thus, while interpreting Monthly GDP MoM figures, it is essential to consider the potential for revisions. Seasonal variations can also affect monthly GDP figures. Certain months may inherently exhibit higher or lower economic activity due to holidays, weather conditions, or periodic business cycles. While seasonal adjustments aim to mitigate such effects, they may not entirely eliminate the distortions, making it crucial to interpret month-to-month changes with an understanding of these factors. Additionally, focusing on short-term data can sometimes obscure the broader economic trends. While monthly figures are valuable for immediate insights, they should be analyzed in conjunction with longer-term data to develop a holistic view of the economy. Overreliance on Monthly GDP MoM at the expense of quarterly or annual data might lead to overreacting to short-term fluctuations without understanding the underlying trends. Conclusion In the intricate web of macroeconomic indicators, Monthly GDP MoM stands out as a pivotal measure for understanding and responding to immediate economic conditions. Its capacity to provide timely insights into economic performance makes it a crucial tool for policymakers, businesses, and investors. At Eulerpool, our commitment to delivering precise and up-to-date macroeconomic data ensures that stakeholders have the information they need to navigate the complexities of economic dynamics effectively. By considering and addressing the factors influencing Monthly GDP MoM, recognizing its role in policy and investment decisions, and acknowledging its challenges and limitations, we foster a more profound and nuanced understanding of economic health. As we continue to navigate an ever-evolving economic landscape, the Monthly GDP MoM remains an essential indicator, shedding light on the immediate pulse of the economy. Explore our comprehensive database at Eulerpool to stay informed about the latest Monthly GDP MoM figures and other critical macroeconomic indicators. Your journey to informed decision-making starts with the right data – let Eulerpool be your trusted partner in navigating the world of macroeconomics.

Country

United Kingdom

Continent

Europe

Highest Value

9.7

Lowest Value

-19.6

Average Value

0.16

All Macro Indicators for United Kingdom

Apartment

Consumer

Energy

GDP

Government

Health

Money

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