Fact check: GDP per capita rose in the first quarter of 2024
The measure dropped in the previous seven quarters leading up to the start of 2024.
Your support helps us to tell the story
As your White House correspondent, I ask the tough questions and seek the answers that matter.
Your support enables me to be in the room, pressing for transparency and accountability. Without your contributions, we wouldn't have the resources to challenge those in power.
Your donation makes it possible for us to keep doing this important work, keeping you informed every step of the way to the November election
Andrew Feinberg
White House Correspondent
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)
Subscribe to Independent Premium to bookmark this article
Want to bookmark your favourite articles and stories to read or reference later? Start your Independent Premium subscription today.