ONS · 8 May 2015 – 9 June 2017

Gross domestic product, real terms during the Conservative 2015–2017 government

2015 Q1 → 2017 Q1 · 8 periods

↑ 4.8%+£29.4bn £ million

Gross domestic product, real terms rose by 4.8% over the period, from £613.1bn £ million (2015 Q1, the level when the government took office) to £642.5bn (2017 Q1, the last complete period before it left office).

Inherited level 2015 Q1: £613.1bn
Level when it left 2017 Q1: £642.5bn
method: latest complete period before start / before end

Changes during this period do not by themselves show what the government caused. Statistics reflect many influences, including earlier decisions, the economy and how the data is collected.

Published valueProvisional or revisedLatestShaded bands: governments (see labels)Hover or use arrow keys to read a value

Definition and caveats

Gross domestic product as a chained volume measure, seasonally adjusted: the value of everything produced in the UK with the effect of price changes removed.

Doesn’t measure: How output is distributed, unpaid work, or whether the activity measured makes people better off.