GDP international comparisons: 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.

Latest GDP data

In Q1 2026, UK GDP grew by 0.6% compared with the previous quarter (Q4 2025). Eurozone GDP increased by 0.1%, with Germany growing by 0.3% and France recording no growth. US GDP growth was 0.5%.

Source: OECD data explorer, Quarterly real GDP growth of G7

GDP growth in recent years

UK GDP in Q1 2026 was 6.0% above its pre-pandemic level of Q4 2019. This compares with Eurozone GDP being 7.0% higher, with GDP in Germany up by 0.8% (the lowest in the G7). The US has the highest GDP growth among G7 economies since just before the pandemic, totalling 15.2% from Q4 2019 to Q1 2026.

Source: Calculations based on OECD data explorer, Quarterly GDP level of G7 and Eurozone

IMF and OECD forecasts

On 14 April 2026, the IMF published new forecasts for the world economy. The IMF forecast slower growth and higher inflation as a result of the conflict in the Middle East and the disruption to energy supply. The OECD lowered its forecast for UK GDP growth in 2026 from 1.3% to 0.8%. It also forecast UK inflation to average 3.2% in 2026.

Source: IMF, World Economic Outlook, Apr 2026

On 26 March 2026, the OECD published new forecasts for the world economy. The OECD raised its forecast for inflation around the world due to the conlict in the Middle East and the disruption to energy supply. The OECD lowered its forecast for UK GDP growth in 2026 from 1.2% to 0.7%. It also raised its forecast for UK inflation in 2026 from 2.5% to 4.0%.

Source: OECD, Interim Economic Outlook, Mar 2026

Next updates

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

• OECD, data table showing latest GDP growth data for G7, updated frequently

• IMF, World Economic Outlook update, July 2026

• OECD, Economic Outlook, June 2026