Mr Farage was speaking at the ITV Election Debate (Jonathan Hordle/ITV/PA)
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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