Components of GDP: data on the components that make up GDP, including household consumption, government spending, investment, trade and output by sector.Jump to full report >>
Overall, GDP is estimated to have increased by 0.3% in real terms in Q2 2017 compared with the quarter before, up slightly from an increase of 0.2% in Q1.
In 2015, the service sector accounted for 80% of economic output, the production sector for 13%, construction for 6% and agriculture for 1%.
In Q2 2017, service sector output increased by 0.5% in real terms compared with Q1, greater than growth of 0.1% in the previous quarter.
Manufacturing output was down by 0.6% (the production sector overall was down by 0.3%). Output in the construction sector was down by 1.3%.
Household consumption is the largest element of expenditure, accounting for 62% of the total in 2016. Government consumption accounted for 19% and investment for 17%.
In Q2 2017, household consumption grew by 0.1% in real terms compared with Q1 2017. Government consumption was up 0.6% and investment was up 0.7%. Exports increased by 0.7% and imports increased by 0.7%.
Commons Briefing papers SN02787
Author: Lorna Booth
Topic: Economic situation