Economic Growth

(asked on 22nd April 2026) - View Source

Question to the HM Treasury:

To ask His Majesty's Government what assessment they have made of the UK’s economic performance compared to the EU and USA, considering GDP per capita.


Answered by
Lord Livermore Portrait
Lord Livermore
Financial Secretary (HM Treasury)
This question was answered on 27th April 2026

The latest data from the ONS show that GDP per capita rose by 1.1 per cent in 2025, the fastest of any European G7 economy. Over the same period, GDP per capita rose 1.6 per cent in the United States and 1.3 per cent in the EU.

UK GDP per capita has grown by 1.0 per cent since the start of the Parliament, whereas it declined by 0.2 per cent during the previous Parliament.

Reticulating Splines