In 2024, gross domestic product per capita in the United Kingdom was 37,044 British pounds, compared with 37,033 pounds in the previous year. 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 stagnating when the economy is growing? During the last two years that GDP per capita fell and then stagnated in the UK, the overall economy grew by 0.4 percent in 2023 and 1.1 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.
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The Gross Domestic Product per capita in the United Kingdom was last recorded at 47322.67 US dollars in 2023. The GDP per Capita in the United Kingdom is equivalent to 375 percent of the world's average. This dataset provides the latest reported value for - United Kingdom GDP per capita - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.
The statistic shows GDP per capita in the United Kingdom from 1987 to 2020, with projections up until 2030. 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.
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<li>U.K. GDP per capita for 2022 was <strong>$45,564</strong>, a <strong>2.79% decline</strong> from 2021.</li>
<li>U.K. GDP per capita for 2021 was <strong>$46,870</strong>, a <strong>16.54% increase</strong> from 2020.</li>
<li>U.K. GDP per capita for 2020 was <strong>$40,217</strong>, a <strong>5.73% decline</strong> from 2019.</li>
</ul>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 2023, the gross domestic product per capita in England was 37,170 British pounds, compared with 34,105 in Scotland, 26,957 in Wales, and 30,200 in Northern Ireland.
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United Kingdom UK: GDP: Real: per Capita data was reported at 27,514.498 GBP in 2017. This records an increase from the previous number of 27,207.249 GBP for 2016. United Kingdom UK: GDP: Real: per Capita data is updated yearly, averaging 18,191.242 GBP from Dec 1960 (Median) to 2017, with 58 observations. The data reached an all-time high of 27,514.498 GBP in 2017 and a record low of 8,948.840 GBP in 1960. United Kingdom UK: GDP: Real: 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: Real. 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. Data are in constant local currency.; ; World Bank national accounts data, and OECD National Accounts data files.; ;
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United Kingdom UK: GDP: GNI per Capita data was reported at 30,358.815 GBP in 2017. This records an increase from the previous number of 29,217.036 GBP for 2016. United Kingdom UK: GDP: GNI per Capita data is updated yearly, averaging 12,892.396 GBP from Dec 1970 (Median) to 2017, with 48 observations. The data reached an all-time high of 30,358.815 GBP in 2017 and a record low of 1,042.209 GBP in 1970. United Kingdom UK: GDP: GNI 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: Nominal. GNI per capita is gross national income divided by midyear population. GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in current local currency.; ; World Bank national accounts data, and OECD National Accounts data files.; ;
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GDP per capita growth (annual %) in United Kingdom was reported at --0.48066 % in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. United Kingdom - GDP per capita growth (annual %) - actual values, historical data, forecasts and projections were sourced from the World Bank on June of 2025.
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The Gross Domestic Product per capita in the United Kingdom was last recorded at 52588.98 US dollars in 2023, when adjusted by purchasing power parity (PPP). The GDP per Capita, in the United Kingdom, when adjusted by Purchasing Power Parity is equivalent to 296 percent of the world's average. This dataset provides the latest reported value for - United Kingdom GDP per capita PPP - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.
In the first quarter of 2025, the quarterly GDP per person in the United Kingdom was 9,279 British pounds, compared with 9,235 pounds in the previous quarter.
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GDP per capita (current US$) in United Kingdom was reported at 49464 USD in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. United Kingdom - GDP per capita - actual values, historical data, forecasts and projections were sourced from the World Bank on June of 2025.
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Key information about United Kingdom GDP Per Capita
In 2023, the gross domestic product per capita in London was 63,618 British pounds, compared with 37,135 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 38,004 pounds per capita. By contrast, North East England had the lowest GDP per capita among UK regions, at 26,347 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.
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The United Kingdom: GDP per capita, Purchasing Power Parity: The latest value from 2023 is 52582 U.S. dollars, a decline from 52836 U.S. dollars in 2022. In comparison, the world average is 26826 U.S. dollars, based on data from 183 countries. Historically, the average for the United Kingdom from 1990 to 2023 is 45094 U.S. dollars. The minimum value, 33825 U.S. dollars, was reached in 1991 while the maximum of 52836 U.S. dollars was recorded in 2022.
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United Kingdom UK: GDP: USD: Gross National Income per Capita: Atlas Method data was reported at 40,530.000 USD in 2017. This records a decrease from the previous number of 42,370.000 USD for 2016. United Kingdom UK: GDP: USD: Gross National Income per Capita: Atlas Method data is updated yearly, averaging 21,055.000 USD from Dec 1970 (Median) to 2017, with 48 observations. The data reached an all-time high of 48,420.000 USD in 2008 and a record low of 2,440.000 USD in 1970. United Kingdom UK: GDP: USD: Gross National Income per Capita: Atlas Method 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. GNI per capita (formerly GNP per capita) is the gross national income, converted to U.S. dollars using the World Bank Atlas method, divided by the midyear population. GNI is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. GNI, calculated in national currency, is usually converted to U.S. dollars at official exchange rates for comparisons across economies, although an alternative rate is used when the official exchange rate is judged to diverge by an exceptionally large margin from the rate actually applied in international transactions. To smooth fluctuations in prices and exchange rates, a special Atlas method of conversion is used by the World Bank. This applies a conversion factor that averages the exchange rate for a given year and the two preceding years, adjusted for differences in rates of inflation between the country, and through 2000, the G-5 countries (France, Germany, Japan, the United Kingdom, and the United States). From 2001, these countries include the Euro area, Japan, the United Kingdom, and the United States.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted Average;
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GDP per capita (constant 2015 US$) in United Kingdom was reported at 47323 USD in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. United Kingdom - GDP per capita (constant 2000 US$) - actual values, historical data, forecasts and projections were sourced from the World Bank on June of 2025.
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United Kingdom UK: GDP: USD: per Capita data was reported at 39,720.443 USD in 2017. This records a decrease from the previous number of 40,412.034 USD for 2016. United Kingdom UK: GDP: USD: per Capita data is updated yearly, averaging 16,113.225 USD from Dec 1960 (Median) to 2017, with 58 observations. The data reached an all-time high of 50,134.316 USD in 2007 and a record low of 1,380.306 USD in 1960. United Kingdom UK: GDP: USD: 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: 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 U.S. dollars.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted average;
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Annual estimates of balanced UK regional gross domestic product (GDP). Current price estimates and chained volume measures for UK countries, ITL1, ITL2 and ITL3 regions.
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GDP per capita, PPP (constant 2017 international $) in United Kingdom was reported at 52582 USD in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. United Kingdom - GDP per capita, PPP (constant 2005 international $) - actual values, historical data, forecasts and projections were sourced from the World Bank on June of 2025.
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Graph and download economic data for Investment Share of Purchasing Power Parity Converted GDP Per Capita at constant prices for United Kingdom (KIPPPGGBA156NUPN) from 1950 to 2010 about PPP, United Kingdom, investment, per capita, real, and GDP.
In 2024, gross domestic product per capita in the United Kingdom was 37,044 British pounds, compared with 37,033 pounds in the previous year. 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 stagnating when the economy is growing? During the last two years that GDP per capita fell and then stagnated in the UK, the overall economy grew by 0.4 percent in 2023 and 1.1 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.