Fact check: GDP per capita rose in the first quarter of 2024

August Graham, PA
·1-min read

In the ITV Election Debate on June 13, Reform UK leader Nigel Farage said gross domestic product (GDP) per capita has fallen for the last six quarters in a row.

Mr Farage said: “GDP, wealth per capita, has fallen for the last six consecutive quarters.”

Evaluation

GDP per capita increased in the first quarter of this year. That rise put an end to a seven-month falling streak.

The facts

In the first quarter of 2024, data from the Office for National Statistics (ONS) shows GDP per capita rose to £8,281 from £8,249 in the previous quarter.

Before that, it had shrunk every quarter since the first quarter of 2022 when it was £8,393.

Links

ONS – Gross domestic product (Average) per head (archived)

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