In 2024, gross domestic product per capita in the United Kingdom was 36,977 British pounds, compared with 37,028 pounds in the previous year. This was the second-consecutive year that GDP per head has fallen in the UK, with the measure shrinking by 0.9 percent in 2023. In general, while GDP per capita has grown quite consistently throughout this period, there are noticeable declines, especially between 2007 and 2009, and between 2019 and 2020, due to the Global Financial Crisis, and COVID-19 pandemic, respectively. Why is GDP per capita falling when the economy is growing? During the last two years that GDP per capita fell in the UK, the overall economy grew by 0.4 percent in 2023 and 0.9 percent in 2024. While the overall UK economy is therefore larger than it was in 2022, the UK's population has grown at a faster rate, resulting in the lower GDP per capita figure. The long-term slump in the UK's productivity, as measured by output per hour worked, has meant that the gap between GDP growth and GDP per capita growth has been widening for some time. Economy remains the main concern of UK voters As of February 2025, the economy was seen as the main issue facing the UK, just ahead of immigration, health, and several other problems in the country. While Brexit was seen as the most important issue before COVID-19, and concerns about health were dominant throughout 2020 and 2021, the economy has generally been the primary facing voters issue since 2022. The surge in inflation throughout 2022 and 2023, and the impact this had on wages and living standards, resulted in a very tough period for UK households. As of January 2025, 57 percent of households were still noticing rising living costs, although this is down from a peak of 91 percent in August 2022.

The statistic shows GDP per capita in the United Kingdom from 1987 to 2020, with projections up until 2029. In 2020, GDP per capita in the United Kingdom was at around 40,230.55 US dollars. The same year, the total UK population amounted to about 67.26 million people. The United Kingdom is among the leading countries in a world GDP ranking.Falling unemployment in a time of recessionGDP is a useful indicator when it comes to measuring the state of a nation’s economy. GDP is the market value of all final goods and services produced within a country in a given period of time, usually a year. GDP per capita equals exactly the GDI (gross domestic income) per capita and is not a measure of an individual’s personal income.As can be seen clearly in the statistic, gross domestic product (GDP) per capita in the United Kingdom is beginning to increase, albeit not to pre-recession levels. The UK is beginning to see signs of an economic recovery, though as of yet it remains unclear what sort of recovery this is. Questions have been raised as to whether the growth being seen is the right sort of growth for a well balanced recovery across the necessary sectors. An interesting oddity occurred in the United Kingdom for nine months in 2012, which saw a decreasing unemployment occurring at the same time as dip in nationwide economic productivity. This seems like good - if not unusual - news, but could be indicative of people entering part-time employment. It could also suggest that labor productivity is falling, meaning that the UK would be less competitive as a nation. The figures continue to rise, however, with an increase in employment in the private sector. With the rate of inflation in the UK impacting everyone’s daily lives, it is becoming increasingly difficult for vulnerable groups to maintain a decent standard of living.

Graph and download economic data for Gross Domestic Product Per Capita for United Kingdom (PCAGDPGBA646NWDB) from 1960 to 2023 about United Kingdom, per capita, and GDP.

GDP per capita is gross domestic product divided by midyear population. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current U.S. dollars.

In 2022, the gross domestic product per capita in England was 34,241 British pounds, compared with 30,586 in Scotland, 24,443 in Wales, and 26,480 in Northern Ireland.

United Kingdom UK: GDP: per Capita data was reported at 30,862.888 GBP in 2017. This records an increase from the previous number of 29,930.545 GBP for 2016. United Kingdom UK: GDP: per Capita data is updated yearly, averaging 9,456.718 GBP from Dec 1960 (Median) to 2017, with 58 observations. The data reached an all-time high of 30,862.888 GBP in 2017 and a record low of 492.967 GBP in 1960. United Kingdom UK: GDP: per Capita data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s UK – Table UK.World Bank: Gross Domestic Product: Nominal. GDP per capita is gross domestic product divided by midyear population. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current local currency.; ; World Bank national accounts data, and OECD National Accounts data files.; ;

In 2022, the gross domestic product per capita in London was 57,338 British pounds, compared with 33,593 pounds per capita for the United Kingdom as a whole. Apart from London, the only other region of the UK that had a greater GDP per capita than the UK average was South East England, at 36,425 pounds per capita. By contrast, North East England had the lowest GDP per capita among UK regions, at 24,172 pounds. Regional imbalance in the UK economy? London's overall GDP in 2022 was over 508 billion British pounds, which accounted for almost a quarter of the overall GDP of the United Kingdom. South East England had the second-largest regional economy in the country, with a GDP of almost 341.7 billion British pounds. Furthermore, these two regions were the only ones that had higher levels of productivity (as measured by output per hour worked) than the UK average. While recent governments have recognized regional inequality as a major challenge facing the country, it may take several years for any initiatives to bear fruit. The creation of regional metro mayors across England is one of the earliest attempts at giving regions and cities in particular more power over spending in their regions than they currently have. UK economy growth slow in late 2024 After ending 2023 with two quarters of negative growth, the UK economy grew at the reasonable rate of 0.8 percent and 0.4 percent in the first and second quarters of the year. This was, however, followed by zero growth in the third quarter, and by just 0.1 percent in the last quarter of the year. Other economic indicators, such as the inflation rate, fell within the expected range in 2024, but have started to rise again, with a rate of three percent recorded in January 2025. While unemployment has witnessed a slight uptick since 2022, it is still at quite low levels compared with previous years.

In the fourth quarter of 2024, quarterly growth in GDP for each person in the United Kingdom was -0.1 percent, compared with the previous quarter when the growth rate was -0.3 percent.

Key information about United Kingdom GDP Per Capita

• United Kingdom Gross Domestic Product (GDP) per Capita reached 46,373.940 USD in Dec 2021, compared with 40,340.010 USD in Dec 2020.
• UK GDP Per Capita data is updated yearly, available from Dec 1957 to Dec 2021, with an average number of 17,637.067 USD.
• The data reached an all-time high of 50,443.269 USD in Dec 2007 and a record low of 1,204.000 in Dec 1957.
• CEIC converts annual GDP per Capita into USD. Office for National Statistics provides GDP per Capita in local currency. Federal Reserve Board average market exchange rate is used for currency conversions. Seasonally adjusted auxiliary series is used since non-seasonally adjusted data is unavailable from the source.

Related information about United Kingdom GDP Per Capita data

• In the latest reports, UK GDP expanded 1.897 % YoY in Sep 2022.
• UK Nominal GDP reached 735.862 USD bn in Sep 2022.
• Its GDP deflator (implicit price deflator) increased 6.439 % in Sep 2022.
• Gross Savings Rate of UK was measured at 15.554 % in Sep 2022.

GDP per person in the UK fell by around 0.1 percent in 2024, after also shrinking in 2023. In 2020, gross domestic product per capita shrank by a record 10.4 percent in the United Kingdom, before growing by 8.2 percent in 2021. Before 2021, the highest year-on-year increase was recorded in 1973 when GDP per person grew by 6.3 percent.

Gross domestic product (GDP) in current market prices and as chained volume measures, plus GDP per capita, for each local authority district, metropolitan district, London borough and Scottish Council area in the UK.

Graph and download economic data for Purchasing Power Parity Converted GDP Per Capita (Laspeyres), derived from growth rates of Consumption, Government Consumption, Investment for United Kingdom (RGDPLPGBA625NUPN) from 1950 to 2010 about PPP, United Kingdom, investment, per capita, consumption, government, GDP, and rate.

United Kingdom UK: GDP: Growth:(GDP) Gross Domestic Productper Capita data was reported at 1.129 % in 2017. This records a decrease from the previous number of 1.211 % for 2016. United Kingdom UK: GDP: Growth:(GDP) Gross Domestic Productper Capita data is updated yearly, averaging 2.150 % from Dec 1961 (Median) to 2017, with 57 observations. The data reached an all-time high of 6.303 % in 1973 and a record low of -4.910 % in 2009. United Kingdom UK: GDP: Growth:(GDP) Gross Domestic Productper Capita data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s United Kingdom – Table UK.World Bank.WDI: Gross Domestic Product: Annual Growth Rate. Annual percentage growth rate of GDP per capita based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. GDP per capita is gross domestic product divided by midyear population. GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted average;

United Kingdom UK: GDP: Growth: Household Final Consumption Expenditure per Capita data was reported at 0.996 % in 2017. This records a decrease from the previous number of 2.211 % for 2016. United Kingdom UK: GDP: Growth: Household Final Consumption Expenditure per Capita data is updated yearly, averaging 2.211 % from Dec 1971 (Median) to 2017, with 47 observations. The data reached an all-time high of 7.518 % in 1988 and a record low of -3.757 % in 2009. United Kingdom UK: GDP: Growth: Household Final Consumption Expenditure per Capita data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s United Kingdom – Table UK.World Bank.WDI: Gross Domestic Product: Annual Growth Rate. Annual percentage growth of household final consumption expenditure per capita, which is calculated using household final consumption expenditure in constant 2010 prices and World Bank population estimates. Household final consumption expenditure (private consumption) is the market value of all goods and services, including durable products (such as cars, washing machines, and home computers), purchased by households. It excludes purchases of dwellings but includes imputed rent for owner-occupied dwellings. It also includes payments and fees to governments to obtain permits and licenses. Here, household consumption expenditure includes the expenditures of nonprofit institutions serving households, even when reported separately by the country.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted average;

Annual and quarterly gross domestic product per head data on a constant price basis..

The Gross Domestic Product (GDP) in the United Kingdom was worth 3380.85 billion US dollars in 2023, according to official data from the World Bank. The GDP value of the United Kingdom represents 3.21 percent of the world economy. This dataset provides the latest reported value for - United Kingdom GDP - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

United Kingdom UK: Government Expenditure per Student: Secondary: % of(GDP) Gross Domestic Productper Capita data was reported at 23.423 % in 2015. This records an increase from the previous number of 22.903 % for 2014. United Kingdom UK: Government Expenditure per Student: Secondary: % of(GDP) Gross Domestic Productper Capita data is updated yearly, averaging 23.700 % from Dec 1998 (Median) to 2015, with 17 observations. The data reached an all-time high of 31.349 % in 2010 and a record low of 21.138 % in 1999. United Kingdom UK: Government Expenditure per Student: Secondary: % of(GDP) Gross Domestic Productper Capita data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s UK – Table UK.World Bank: Education Statistics. Government expenditure per student is the average general government expenditure (current, capital, and transfers) per student in the given level of education, expressed as a percentage of GDP per capita.; ; United Nations Educational, Scientific, and Cultural Organization (UNESCO) Institute for Statistics.; Median;

Key information about United Kingdom Investment: % of GDP

• United Kingdom Investment accounted for 18.2 % of its Nominal GDP in Sep 2024, compared with a ratio of 18.3 % in the previous quarter.
• UK investment share of Nominal GDP data is updated quarterly, available from Mar 1955 to Sep 2024, with an average ratio of 18.8 %.
• The data reached an all-time high of 26.2 % in Mar 1989 and a record low of 12.9 % in Jun 2020.

CEIC calculates Investment as % of Nominal GDP from quarterly Nominal Gross Capital Formation and quarterly Nominal GDP. Gross Capital Formation is calculated as the sum of Gross Fixed Capital Formation, Changes in Inventories and Acquisition less Disposals of Valuables. Office for National Statistics provides Nominal Gross Capital Formation in local currency and Nominal GDP in local currency.


Related information about United Kingdom Investment: % of GDP

• In the latest reports, UK GDP expanded 0.2 % YoY in Mar 2023.
• UK Nominal GDP reached 786.4 USD bn in Mar 2023.
• Its GDP deflator (implicit price deflator) increased 6.6 % in Dec 2022.
• UK GDP Per Capita reached 45,308.8 USD in Dec 2022.
• Its Gross Savings Rate was measured at 16.4 % in Sep 2024.

United Kingdom UK:(GDP) Gross Domestic Productper Person Employed: 2011 PPP data was reported at 79,330.523 Intl $ in 2017. This records a decrease from the previous number of 79,377.656 Intl $ for 2016. United Kingdom UK:(GDP) Gross Domestic Productper Person Employed: 2011 PPP data is updated yearly, averaging 75,217.430 Intl $ from Dec 1991 (Median) to 2017, with 27 observations. The data reached an all-time high of 79,377.656 Intl $ in 2016 and a record low of 57,399.785 Intl $ in 1991. United Kingdom UK:(GDP) Gross Domestic Productper Person Employed: 2011 PPP data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s UK – Table UK.World Bank: Employment and Unemployment. GDP per person employed is gross domestic product (GDP) divided by total employment in the economy. Purchasing power parity (PPP) GDP is GDP converted to 2011 constant international dollars using PPP rates. An international dollar has the same purchasing power over GDP that a U.S. dollar has in the United States.; ; International Labour Organization, ILOSTAT database. Data retrieved in November 2017.; Weighted average; Data up to 2016 are estimates while data from 2017 are projections.

Annual estimates of balanced UK regional gross domestic product (GDP). Current price estimates and chained volume measures for combined authorities and city regions.