The latest data update as of 28 March 2024 reveals that the United Kingdom's Gross Domestic Product (GDP) remained stagnant at -0.2% in the fourth quarter of 2023. This figure mirrors the previous indicator for the same period, indicating no growth or decline in the country's economic performance towards the end of last year.
The comparison period specified for the GDP data is Year-over-Year, meaning the -0.2% figure represents the change in GDP for the fourth quarter of 2023 compared to the same quarter in the previous year. Despite various economic factors at play, the UK's GDP has shown resilience by maintaining stability in a challenging global economic landscape.
