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Commons Briefing paper by Lorna Booth. It was first published on Tuesday, 17 March 2015. It was last updated on Monday, 24 August 2026.


Components of GDP: Economic indicators

Economic indicators are quick-read summaries of the latest data focusing on different aspects of the UK economy. The full suite of indicators can be found on the main Economic Indicators page.

GDP can be analysed in terms of the output produced by different industries, or in terms of spending by households, business and government.

GDP is estimated to have grown by 0.3% in June 2026, following no growth (0.0% change) in May.

GDP by industry

Services are the largest part of the economy – making up four-fifths of output in 2024. Service sector output grew by 0.4% in June 2026.

Manufacturing output decreased by 0.5% in June 2026. Manufacturing is part of the wider production sector; production sector output decreased by 0.2% in June 2026.

Construction sector output decreased by 0.1% in June 2026.

Charts showing service sector level since 2016 and growth since 2022. The charts show that the pandemic saw a big hit to the service sector. After recovering from that, the sector saw little growth through 2022 and 2023. Since then there have been periods of some growth and periods of little or no growth.

Source: Office for National Statistics, series ECZGECYC

GDP by expenditure

Household spending is the largest element of spending across the economy, accounting for 59% of the total in 2025.

In April to June 2026, there was an increase of 0.3% in household spending compared with the previous quarter.

Government consumption is estimated to have decreased by 0.3% in April to June 2026. Overall investment (GFCF) rose by 1.2% and, within this, business investment grew by 1.7%. Exports were up 0.5% and imports rose by 0.5%.

Charts showing the level of household spending since 2016 and growth since 2022. The charts show that the pandemic saw a big hit to household spending. After recovering from that, household spending has been pretty flat, with a bit of a rise in the first half of 2026.

Source: Office for National Statistics, series KGZ6ABJR

GDP by expenditure type reference table for past five quarters and last two calendar years. See source links for data.

Source: Office for National Statistics, series KGZ5, KH2I, KG7N, KG7M, KH2U, KH3N, IHYP, KGZ6, KH2J, KG7Q, KG7P, KH2V, KH3OIHYQ

Next updates

This page is updated when new data is published. The next source updates will be:

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Secondary information

Type
Research briefing
Reference
SN02787 
Category
Economic indicators
Subjects
Economic situation National income
Contains statistics
Yes
Published by
Economic Policy and Statistics Section
House of Commons Library
Link
View this Research briefing on researchbriefings.parliament.uk