Economic Growth

Treasury written question – answered am ar 28 Mawrth 2024.

Danfonwch hysbysiad imi am ddadleuon fel hyn

Photo of Simon Jupp Simon Jupp Ceidwadwyr, East Devon

To ask the Chancellor of the Exchequer, what the evidential basis is for his Department's tweet of 29 September 2023 that the UK was the fastest growing European G7 country since 2010.

Photo of Bim Afolami Bim Afolami The Economic Secretary to the Treasury

The calculations underlying this statistic were based on public information available on the 29 September 2023, including quarterly GDP data published by the Office for National Statistics for the UK and OECD data for the remaining G7 European economies.

The data showed that cumulative GDP growth in the UK from the beginning of 2010 (change on 2009 Q4) through to 2023 Q2 of 24.2% was greater than that of France (16.4%), Italy (3.5%) and Germany (21.2%).

Does this answer the above question?

Yes3 people think so

No2 people think not

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