UK GDP estimated to grow 1.0% in Q4 following a downwardly revised 1.0% growth in Q3, with the largest contributors to increase from human health and social work activities; GDP increased 7.5% in full-year 2021: ONS

Sample article from our Housing & Economy

LONDON , February 11, 2022 (press release) –

First quarterly estimate of gross domestic product (GDP). Contains current and constant price data on the value of goods and services to indicate the economic performance of the UK.

Main points

  • UK gross domestic product (GDP) is estimated to have increased by 1.0% in Quarter 4 (Oct to Dec) 2021, following a downwardly revised 1.0% increase in Quarter 3 (July to Sept).
  • In output terms, the largest contributors to this quarterly increase were from human health and social work activities driven by increased GP visits at the start of the quarter, and a large increase in coronavirus (COVID-19) testing and tracing activities and the extension of the vaccination programme.
  • In Quarter 4 2021, excluding non-monetary gold in net trade, household consumption made the largest positive contribution to growth.
  • The level of quarterly GDP in Quarter 4 2021 is now 0.4% below its pre-coronavirus level (Quarter 4 2019).
  • Monthly estimates published today show that GDP fell by 0.2% in December 2021 but is at its pre-coronavirus level (February 2020).
  • GDP increased by an estimated 7.5% in 2021, following a 9.4% fall in 2020.

Industry Intelligence Editor's Note: This press release omits select charts and/or marketing language for editorial clarity. Click here to view the full report.

* All content is copyrighted by Industry Intelligence, or the original respective author or source. You may not recirculate, redistrubte or publish the analysis and presentation included in the service without Industry Intelligence's prior written consent. Please review our terms of use.

More from our Housing & Economy Coverage
See our dashboard in action - schedule an demo
Dan Rivard
Dan Rivard
- VP Market Development -

We offer built-to-order housing & economy coverage for our clients. Contact us for a free consultation.

About Us

We deliver market news & information relevant to your business.

We monitor all your market drivers.

We aggregate, curate, filter and map your specific needs.

We deliver the right information to the right person at the right time.

Our Contacts

1990 S Bundy Dr. Suite #380,
Los Angeles, CA 90025

+1 (310) 553 0008

About Cookies On This Site

We collect data, including through use of cookies and similar technology ("cookies") that enchance the online experience. By clicking "I agree", you agree to our cookies, agree to bound by our Terms of Use, and acknowledge our Privacy Policy. For more information on our data practices and how to exercise your privacy rights, please see our Privacy Policy.