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UK Gross Domestic Product 2015

by Eduardo Petazze
28/04/15
GDP is estimated to have increased by +0.30% QoQ (+2.50% YoY) in the first quarter 2015, from +0.60% QoQ (+3.12% YoY) in 4Q2015
By 2015 it is estimated that the UK economy will grow by +2.6%, from +3.1% in 2014
The ONS has released preliminary data from the British GDP under production approach, for 1st. quarter of 2015 (pdf, 32 pages)
The following summary table in million pounds at constant prices of 2011 and seasonally adjusted, can be complemented by disaggregated service sectors, as our document "UK - Index of
Services (IoS)"

m
Total Industries
Section
A-U
2011 weights
1,000.000
YoY
2005
1,377,383 3.07%
2006
1,419,204 3.04%
2007
1,454,928 2.52%
2008
1,453,645 -0.09%
2009
1,388,546 -4.48%
2010
1,417,380 2.08%
2011
1,441,598 1.71%
2012
1,451,695 0.70%
2013
1,473,247 1.48%
2014
1,518,673 3.08%
2015
1,558,498 2.62%
Latest preliminary estimate data
Own estimate
m
Total Industries
Section
A-U
2011 weights
1,000.000 QoQ
YoY
2011Q1
358,319 0.49% 2.31%
2011Q2
359,273 0.27% 1.52%
2011Q3
361,973 0.75% 1.49%
2011Q4
362,033 0.02% 1.53%
2012Q1
362,602 0.16% 1.20%
2012Q2
361,738 -0.24% 0.69%
2012Q3
364,451 0.75% 0.68%
2012Q4
362,904 -0.42% 0.24%
2013Q1
364,615 0.47% 0.56%
2013Q2
366,921 0.63% 1.43%
2013Q3
369,821 0.79% 1.47%
2013Q4
371,890 0.56% 2.48%
2014Q1
375,261 0.91% 2.92%
2014Q2
378,702 0.92% 3.21%
2014Q3
381,207 0.66% 3.08%
2014Q4
383,503 0.60% 3.12%
2015Q1
384,653 0.30% 2.50%
2015Q2
388,376 0.97% 2.55%
2015Q3
391,395 0.78% 2.67%
2015Q4
394,074 0.68% 2.76%
Latest preliminary estimate data
Own estimate

Gross
Agriculture
A
6.398 YoY
8,832 5.57%
8,562 -3.06%
8,252 -3.62%
9,121 10.53%
8,515 -6.64%
8,507 -0.09%
9,224 8.43%
8,796 -4.64%
8,457 -3.85%
8,638 2.14%
8,696 0.67%

Value Added, chained volume at (2011) prices Seasonally adjusted


Mining
Manufacturing
Electricity, Water Supply...
B
C
D
E
22.932 YoY
101.449 YoY
10.392 YoY
11.490 YoY
51,104 -7.78% 151,434 -0.07% 15,396 -0.18% 16,838 4.24%
48,158 -5.76% 154,800 2.22% 15,317 -0.51% 16,559 -1.66%
46,667 -3.10% 155,866 0.69% 15,438 0.79% 17,143 3.53%
44,036 -5.64% 151,401 -2.86% 15,735 1.92% 17,151 0.05%
40,046 -9.06% 137,188 -9.39% 15,359 -2.39% 15,769 -8.06%
38,500 -3.86% 143,639 4.70% 15,973 4.00% 15,729 -0.25%
33,059 -14.13% 146,249 1.82% 14,981 -6.21% 16,564 5.31%
29,495 -10.78% 144,364 -1.29% 14,868 -0.75% 16,407 -0.95%
28,762 -2.49% 143,385 -0.68% 14,908 0.27% 16,971 3.44%
28,594 -0.58% 147,585 2.93% 14,089 -5.49% 17,003 0.19%
27,846 -2.62% 149,591 1.36% 14,000 -0.64% 16,770 -1.37%

Agriculture
Mining
Manufacturing
Electricity, Water Supply...
A
B
C
D
E
6.398 QoQ
22.932 QoQ
101.449 QoQ
12.065 QoQ
11.490 QoQ
2,318 8.01% 8,842 -4.69% 36,613 0.18% 3,835 -6.37% 4,121 3.80%
2,321 0.13% 8,174 -7.55% 36,693 0.22% 3,682 -3.99% 4,148 0.66%
2,304 -0.73% 7,995 -2.19% 36,541 -0.41% 3,861 4.86% 4,098 -1.21%
2,281 -1.00% 8,048
0.66% 36,402 -0.38% 3,603 -6.68% 4,197 2.42%
2,232 -2.15% 7,726 -4.00% 36,448 0.13% 3,573 -0.83% 4,115 -1.95%
2,190 -1.88% 7,455 -3.51% 36,023 -1.17% 3,818 6.86% 4,095 -0.49%
2,188 -0.09% 7,456
0.01% 36,208 0.51% 3,692 -3.30% 4,088 -0.17%
2,186 -0.09% 6,858 -8.02% 35,685 -1.44% 3,785 2.52% 4,109 0.51%
2,087 -4.53% 6,973
1.68% 35,576 -0.31% 3,889 2.75% 4,067 -1.02%
2,109 1.05% 7,135
2.32% 35,742 0.47% 3,798 -2.34% 4,178 2.73%
2,123 0.66% 7,376
3.38% 35,933 0.53% 3,579 -5.77% 4,360 4.36%
2,138 0.71% 7,278 -1.33% 36,134 0.56% 3,642 1.76% 4,366 0.14%
2,150 0.56% 7,192 -1.18% 36,631 1.38% 3,483 -4.37% 4,345 -0.48%
2,151 0.05% 7,225
0.46% 36,869 0.65% 3,495 0.34% 4,215 -2.99%
2,164 0.60% 7,062 -2.26% 37,003 0.36% 3,602 3.06% 4,198 -0.40%
2,173 0.42% 7,115
0.75% 37,082 0.21% 3,509 -2.58% 4,245 1.12%
2,170 -0.14% 6,965 -2.11% 37,111 0.08% 3,597 2.51% 4,225 -0.47%
2,164 -0.27% 7,000
0.50% 37,265 0.42% 3,475 -3.40% 4,196 -0.68%
2,175 0.50% 6,945 -0.79% 37,517 0.68% 3,481 0.20% 4,173 -0.55%
2,186 0.52% 6,936 -0.14% 37,698 0.48% 3,446 -1.01% 4,176 0.07%

Construction
F
63.483 YoY
94,832 -2.41%
95,552
0.76%
97,616
2.16%
95,060 -2.62%
82,514 -13.20%
89,554
8.53%
91,517
2.19%
84,634 -7.52%
85,847
1.43%
92,231
7.44%
93,513
1.39%

Construction
Services Industries
Residual
F
G-U
63.483 QoQ
783.855 QoQ
22,918
1.96%
279,760 0.54%
-88
23,021
0.45%
281,211 0.52%
23
22,946 -0.33%
284,195 1.06%
33
22,632 -1.37%
284,838 0.23%
32
21,836 -3.52%
286,672 0.64%
0
21,067 -3.52%
287,091 0.15%
-1
20,837 -1.09%
289,982 1.01%
0
20,894
0.27%
289,387 -0.21%
0
20,751 -0.68%
291,272 0.65%
0
21,254
2.42%
292,707 0.49%
-2
21,887
2.98%
294,562 0.63%
1
21,955
0.31%
296,377 0.62%
0
22,761
3.67%
298,698 0.78%
1
23,065
1.34%
301,682 1.00%
0
23,457
1.70%
303,721 0.68%
0
22,948 -2.17%
306,431 0.89%
0
22,577 -1.62%
308,009 0.51%
-1
23,261
3.03%
311,015 0.98%
0
23,833
2.46%
313,270 0.73%
0
23,842
0.04%
315,790 0.80%
0

GDP ( billion) and quarter-on-quarter growth, Quarter 1 (Jan to Mar) 2015

Source: Office for National Statistics

GDP and main components, Quarter 1 (Jan to Mar) 2015

Source: Office for National Statistics

Services Industries
Residual
G-U
783.855 YoY
1,044,489 4.34%
-5,542
1,084,065 3.79%
-3,809
1,117,282 3.06%
-3,336
1,123,648 0.57%
-2,507
1,091,537 -2.86%
-2,382
1,106,886 1.41%
-1,408
1,130,004 2.09%
0
1,153,132 2.05%
-1
1,174,918 1.89%
-1
1,210,532 3.03%
1
1,248,084 3.10%
-1

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