Economic Well-being: Quarter 4, Oct to Dec 2016

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  • In Quarter 4 (Oct to Dec) 2016, gross domestic product (GDP) in the UK per head increased by 0.5% compared with the previous quarter and 1.2% compared with the same quarter a year ago (Quarter 4 2015).
  • Net national disposable income per head increased by 5.9% between Quarter 4 2015 and Quarter 4 2016, mainly due to a £7.6 billion increase in the income received from the UK’s foreign direct investment abroad.
  • Real household disposable income per head declined by 0.5% between Quarter 4 2015 and Quarter 4 2016, largely driven by increasing prices of goods and services.
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