GDP

A basic guide to how the economy is measured and what that calculation is used for.

Official figures show a sharp drop in trade in goods with the EU as the Brexit transition period ended.

Economic growth last year languished at 2.3%, the country's poorest result in decades.

The disappointing figure comes despite surging growth in the second half of the year.

The chancellor says that different ways of calculating GDP makes the UK look bad.

The size of the economy shrank by 9.9% in 2020 as coronavirus restrictions hit output, figures show.

High Street banks are also told to prepare for the possibility that interest rates could fall below zero.

Annual growth of 2.3% puts China on course to be the only major economy to have expanded in 2020.

Coronavirus restrictions in England affected services, with pubs and hairdressers badly hit.

The UK's economy grew by just 0.4% in the month as the recovery continued to slow.

The UK recession is over but the economy is not actually doing that well, so what does it all mean?

Figures show it shrank 2.4% between January and March, a smaller drop than other parts of the UK.

President Trump claims he has been responsible for the strongest US economy ever. What do the numbers show?

Cardiff has the weakest post-lockdown recovery in footfall apart from London, a study shows.