Economic Growth
(asked on 12th February 2026) - View Source
Question to the HM Treasury:
To ask His Majesty's Government what assessment they have made of the figures for economic growth in the last 12 months and how does that outcome compare with their economic growth objectives.
This question was answered on 23rd February 2026
In 2025, UK GDP grew by 1.3%, which was the fastest rate of economic growth among the European G7. GDP per capita strongly accelerated, growing by 1.0% in 2025 after no growth in 2024 and a 1.0% fall in 2023. GDP per capita is now 0.9% above pre-election levels, whereas it declined by 0.2% in the previous Parliament.
In 2025, UK GDP grew by 1.3%, which was the fastest rate of economic growth among the European G7. GDP per capita strongly accelerated, growing by 1.0% in 2025 after no growth in 2024 and a 1.0% fall in 2023. GDP per capita is now 0.9% above pre-election levels, whereas it declined by 0.2% in the previous Parliament.