Uk Economic Growth 2024. Based on these estimates, the digital sector accounted for 7.2% of total uk gva in june 2024, down from 7.4% in june 2023. The oecd’s most recent economic forecast, released yesterday (25 september) has significantly upgraded the uk’s 2024 growth prospects, putting it on track for faster growth this year than several other g7 economies, including japan, italy and germany.
Uk gross domestic product (gdp) is estimated to have increased by 0.6% in quarter 2 (apr to june) 2024, following an increase of 0.7% in quarter 1 (jan to mar) 2024. This reflects a turnaround from may’s forecast, in which the uk had been set.