63 datasets found
  1. GDP per capita in the UK 1955-2024

    • statista.com
    Updated Aug 15, 2022
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    Statista (2022). GDP per capita in the UK 1955-2024 [Dataset]. https://www.statista.com/statistics/970672/gdp-per-capita-in-the-uk/
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    Dataset updated
    Aug 15, 2022
    Dataset authored and provided by
    Statistahttp://statista.com/
    Area covered
    United Kingdom, United Kingdom
    Description

    In 2024, gross domestic product per capita in the United Kingdom was 40,172 British pounds, compared with 40,162 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.

  2. T

    United Kingdom GDP per capita

    • tradingeconomics.com
    • ar.tradingeconomics.com
    • +13more
    csv, excel, json, xml
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    TRADING ECONOMICS, United Kingdom GDP per capita [Dataset]. https://tradingeconomics.com/united-kingdom/gdp-per-capita
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    csv, json, xml, excelAvailable download formats
    Dataset authored and provided by
    TRADING ECONOMICS
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Dec 31, 1960 - Dec 31, 2024
    Area covered
    United Kingdom
    Description

    The Gross Domestic Product per capita in the United Kingdom was last recorded at 47265 US dollars in 2024. The GDP per Capita in the United Kingdom is equivalent to 374 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.

  3. Gross domestic product (GDP) per capita United Kingdom 2030 (in U.S....

    • statista.com
    Updated Nov 28, 2025
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    Statista (2025). Gross domestic product (GDP) per capita United Kingdom 2030 (in U.S. dollars) [Dataset]. https://www.statista.com/statistics/263600/gross-domestic-product-gdp-per-capita-in-the-united-kingdom/
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    Dataset updated
    Nov 28, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Area covered
    United Kingdom
    Description

    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.

  4. Quarterly GDP per capita in the UK 2019-2025

    • statista.com
    Updated Sep 15, 2025
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    Statista (2025). Quarterly GDP per capita in the UK 2019-2025 [Dataset]. https://www.statista.com/statistics/785543/quarterly-gdp-per-capita-uk/
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    Dataset updated
    Sep 15, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Area covered
    United Kingdom
    Description

    In the second quarter of 2025, the quarterly GDP per person in the United Kingdom was 10,137 British pounds, compared with 10,120 pounds in the previous quarter.

  5. T

    United Kingdom GDP per capita PPP

    • tradingeconomics.com
    • es.tradingeconomics.com
    • +13more
    csv, excel, json, xml
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    TRADING ECONOMICS, United Kingdom GDP per capita PPP [Dataset]. https://tradingeconomics.com/united-kingdom/gdp-per-capita-ppp
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    xml, excel, csv, jsonAvailable download formats
    Dataset authored and provided by
    TRADING ECONOMICS
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Dec 31, 1990 - Dec 31, 2024
    Area covered
    United Kingdom
    Description

    The Gross Domestic Product per capita in the United Kingdom was last recorded at 52517.98 US dollars in 2024, 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.

  6. Annual GDP per capita growth in the UK 1956-2024

    • statista.com
    Updated Nov 28, 2025
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    Statista (2025). Annual GDP per capita growth in the UK 1956-2024 [Dataset]. https://www.statista.com/statistics/1036841/gdp-per-capita-in-the-uk/
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    Dataset updated
    Nov 28, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Area covered
    United Kingdom
    Description

    GDP per person in the UK did not grow in 2024, after shrinking by *** percent in 2023. In 2020, gross domestic product per capita shrank by a record **** percent in the United Kingdom, before growing by *** percent in 2021. Before 2021, the highest year-on-year increase was recorded in 1973 when GDP per person grew by *** percent.

  7. F

    Gross Domestic Product Per Capita for United Kingdom

    • fred.stlouisfed.org
    json
    Updated Jul 2, 2025
    + more versions
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    (2025). Gross Domestic Product Per Capita for United Kingdom [Dataset]. https://fred.stlouisfed.org/series/PCAGDPGBA646NWDB
    Explore at:
    jsonAvailable download formats
    Dataset updated
    Jul 2, 2025
    License

    https://fred.stlouisfed.org/legal/#copyright-public-domainhttps://fred.stlouisfed.org/legal/#copyright-public-domain

    Area covered
    United Kingdom
    Description

    Graph and download economic data for Gross Domestic Product Per Capita for United Kingdom (PCAGDPGBA646NWDB) from 1960 to 2024 about United Kingdom, per capita, and GDP.

  8. U

    United Kingdom GDP per Capita

    • ceicdata.com
    Updated Oct 15, 2025
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    CEICdata.com (2025). United Kingdom GDP per Capita [Dataset]. https://www.ceicdata.com/en/indicator/united-kingdom/gdp-per-capita
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    Dataset updated
    Oct 15, 2025
    Dataset provided by
    CEICdata.com
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Dec 1, 2013 - Dec 1, 2024
    Area covered
    United Kingdom
    Description

    Key information about United Kingdom GDP Per Capita

    • United Kingdom Gross Domestic Product (GDP) per Capita reached 53,191.345 USD in Dec 2024, compared with 49,937.926 USD in Dec 2023.
    • UK GDP Per Capita data is updated yearly, available from Dec 1957 to Dec 2024, with an average number of 20,883.205 USD.
    • The data reached an all-time high of 53,191.345 USD in Dec 2024 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 1.264 % YoY in Sep 2025.
    • UK Nominal GDP reached 1,029.876 USD bn in Sep 2025.
    • Its GDP deflator (implicit price deflator) increased 3.739 % in Sep 2025.
    • Gross Savings Rate of UK was measured at 17.472 % in Jun 2025.

  9. T

    United Kingdom GDP Per Capita Growth Annual Percent

    • tradingeconomics.com
    csv, excel, json, xml
    Updated May 31, 2017
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    TRADING ECONOMICS (2017). United Kingdom GDP Per Capita Growth Annual Percent [Dataset]. https://tradingeconomics.com/united-kingdom/gdp-per-capita-growth-annual-percent-wb-data.html
    Explore at:
    excel, json, csv, xmlAvailable download formats
    Dataset updated
    May 31, 2017
    Dataset authored and provided by
    TRADING ECONOMICS
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Jan 1, 1976 - Dec 31, 2025
    Area covered
    United Kingdom
    Description

    Actual value and historical data chart for United Kingdom GDP Per Capita Growth Annual Percent

  10. United Kingdom GDP Per Capita Forecast Dataset

    • focus-economics.com
    html
    Updated Jul 27, 2025
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    FocusEconomics (2025). United Kingdom GDP Per Capita Forecast Dataset [Dataset]. https://www.focus-economics.com/country-indicator/united-kingdom/gdp-per-capita-usd/
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    htmlAvailable download formats
    Dataset updated
    Jul 27, 2025
    Dataset authored and provided by
    FocusEconomics
    License

    https://www.focus-economics.com/terms-and-conditions/https://www.focus-economics.com/terms-and-conditions/

    Time period covered
    2014 - 2025
    Area covered
    United Kingdom
    Variables measured
    forecast, united_kingdom_gdp_per_capita
    Description

    Monthly and long-term United Kingdom GDP Per Capita data: historical series and analyst forecasts curated by FocusEconomics.

  11. Quarterly GDP per capita growth in the UK 2022-2025

    • statista.com
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    Statista, Quarterly GDP per capita growth in the UK 2022-2025 [Dataset]. https://www.statista.com/statistics/530531/growth-per-quarter-gross-domestic-product-per-head-united-kingdom/
    Explore at:
    Dataset authored and provided by
    Statistahttp://statista.com/
    Area covered
    United Kingdom
    Description

    In the second quarter of 2025, quarterly growth in GDP per capita in the United Kingdom was 0.2 percent, compared with the previous quarter when there was 0.5 percent growth.

  12. GDP per capita of the UK 2023, by region

    • statista.com
    Updated Aug 8, 2025
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    Statista (2025). GDP per capita of the UK 2023, by region [Dataset]. https://www.statista.com/statistics/1168072/uk-gdp-per-head-by-region/
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    Dataset updated
    Aug 8, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    2023
    Area covered
    United Kingdom
    Description

    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.

  13. U

    United Kingdom GDP per capita, current dollars - data, chart |...

    • theglobaleconomy.com
    csv, excel, xml
    Updated Mar 11, 2017
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    Globalen LLC (2017). United Kingdom GDP per capita, current dollars - data, chart | TheGlobalEconomy.com [Dataset]. www.theglobaleconomy.com/United-Kingdom/gdp_per_capita_current_dollars/
    Explore at:
    csv, excel, xmlAvailable download formats
    Dataset updated
    Mar 11, 2017
    Dataset authored and provided by
    Globalen LLC
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Dec 31, 1960 - Dec 31, 2024
    Area covered
    United Kingdom
    Description

    The United Kingdom: GDP per capita, current U.S. dollars: The latest value from 2024 is 52636.79 U.S. dollars, an increase from 49200.81 U.S. dollars in 2023. In comparison, the world average is 19439.19 U.S. dollars, based on data from 176 countries. Historically, the average for the United Kingdom from 1960 to 2024 is 22248.97 U.S. dollars. The minimum value, 1397.59 U.S. dollars, was reached in 1960 while the maximum of 52636.79 U.S. dollars was recorded in 2024.

  14. T

    United Kingdom GDP Per Capita Us Dollar

    • tradingeconomics.com
    csv, excel, json, xml
    Updated May 27, 2017
    + more versions
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    TRADING ECONOMICS (2017). United Kingdom GDP Per Capita Us Dollar [Dataset]. https://tradingeconomics.com/united-kingdom/gdp-per-capita-us-dollar-wb-data.html
    Explore at:
    csv, excel, xml, jsonAvailable download formats
    Dataset updated
    May 27, 2017
    Dataset authored and provided by
    TRADING ECONOMICS
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Jan 1, 1976 - Dec 31, 2025
    Area covered
    United Kingdom
    Description

    Actual value and historical data chart for United Kingdom GDP Per Capita Us Dollar

  15. T

    United Kingdom - GDP Per Capita (current LCU)

    • tradingeconomics.com
    csv, excel, json, xml
    Updated Jun 2, 2017
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    TRADING ECONOMICS (2017). United Kingdom - GDP Per Capita (current LCU) [Dataset]. https://tradingeconomics.com/united-kingdom/gdp-per-capita-current-lcu-wb-data.html
    Explore at:
    json, csv, excel, xmlAvailable download formats
    Dataset updated
    Jun 2, 2017
    Dataset authored and provided by
    TRADING ECONOMICS
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Jan 1, 1976 - Dec 31, 2025
    Area covered
    United Kingdom
    Description

    GDP per capita (current LCU) in United Kingdom was reported at 41184 LCU in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. United Kingdom - GDP per capita (current LCU) - actual values, historical data, forecasts and projections were sourced from the World Bank on November of 2025.

  16. Regional gross domestic product: all ITL regions

    • ons.gov.uk
    • cy.ons.gov.uk
    xlsx
    Updated Apr 17, 2025
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    Office for National Statistics (2025). Regional gross domestic product: all ITL regions [Dataset]. https://www.ons.gov.uk/economy/grossdomesticproductgdp/datasets/regionalgrossdomesticproductallnutslevelregions
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    xlsxAvailable download formats
    Dataset updated
    Apr 17, 2025
    Dataset provided by
    Office for National Statisticshttp://www.ons.gov.uk/
    License

    Open Government Licence 3.0http://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/
    License information was derived automatically

    Description

    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.

  17. T

    United Kingdom GDP Per Capita Constant 2000 Us Dollar

    • tradingeconomics.com
    csv, excel, json, xml
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    TRADING ECONOMICS, United Kingdom GDP Per Capita Constant 2000 Us Dollar [Dataset]. https://tradingeconomics.com/united-kingdom/gdp-per-capita-constant-2000-us-dollar-wb-data.html
    Explore at:
    json, xml, excel, csvAvailable download formats
    Dataset authored and provided by
    TRADING ECONOMICS
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Jan 1, 1976 - Dec 31, 2025
    Area covered
    United Kingdom
    Description

    Actual value and historical data chart for United Kingdom GDP Per Capita Constant 2000 Us Dollar

  18. U

    United Kingdom Real GDP Growth

    • ceicdata.com
    Updated Oct 15, 2025
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    CEICdata.com (2025). United Kingdom Real GDP Growth [Dataset]. https://www.ceicdata.com/en/indicator/united-kingdom/real-gdp-growth
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    Dataset updated
    Oct 15, 2025
    Dataset provided by
    CEICdata.com
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Dec 1, 2022 - Sep 1, 2025
    Area covered
    United Kingdom
    Description

    Key information about United Kingdom Real GDP Growth

    • The Gross Domestic Product (GDP) in United Kingdom expanded 1.3 % YoY in Sep 2025, following a growth of 1.4 % in the previous quarter.
    • Real GDP Growth YoY data in UK is updated quarterly, available from Mar 1956 to Sep 2025, with an average rate of -0.4 %.
    • The data reached an all-time high of 25.5 % in Jun 2021 and a record low of -21.7 % in Jun 2020.
    CEIC calculates quarterly Real GDP Growth from quarterly Real GDP. The Office for National Statistics provides Real GDP in local currency, at chain linked 2023 prices.


    Related information about United Kingdom Real GDP Growth

    • In the latest reports, Nominal GDP of UK reached 1,029.9 USD bn in Sep 2025.
    • Its GDP deflator (implicit price deflator) increased 3.7 % in Sep 2025.
    • GDP Per Capita in UK reached 53,191.3 USD in Dec 2024.
    • Its Gross Savings Rate was measured at 17.5 % in Jun 2025.
    • For Nominal GDP contributions, Investment accounted for 17.9 % in Jun 2025.
    • Public Consumption accounted for 21.4 % in Jun 2025.
    • Private Consumption accounted for 61.2 % in Jun 2025.

  19. U

    United Kingdom Nominal GDP

    • ceicdata.com
    Updated Oct 15, 2025
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    CEICdata.com (2025). United Kingdom Nominal GDP [Dataset]. https://www.ceicdata.com/en/indicator/united-kingdom/nominal-gdp
    Explore at:
    Dataset updated
    Oct 15, 2025
    Dataset provided by
    CEICdata.com
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Dec 1, 2022 - Sep 1, 2025
    Area covered
    United Kingdom
    Description

    Key information about United Kingdom Nominal GDP

    • United Kingdom Nominal GDP reached 1,029.9 USD bn in Sep 2025, compared with 1,008.0 USD bn in the previous quarter.
    • Nominal GDP in UK is updated quarterly, available from Mar 1957 to Sep 2025, with an average number of 301.0 USD bn.
    • The data reached an all-time high of 1,029.9 USD bn in Sep 2025 and a record low of 15.1 USD bn in Mar 1957.

    CEIC converts quarterly Nominal GDP into USD. Office for National Statistics provides Nominal GDP in local currency. Federal Reserve Board average market exchange rate is used for currency conversions.


    Related information about United Kingdom Nominal GDP

    • In the latest reports, UK GDP expanded 1.3 % YoY in Sep 2025.
    • Its GDP deflator (implicit price deflator) increased 3.7 % in Sep 2025.
    • UK GDP Per Capita reached 53,191.3 USD in Dec 2024.
    • Its Gross Savings Rate was measured at 17.5 % in Jun 2025.
    • For Nominal GDP contributions, Investment accounted for 17.9 % in Jun 2025.
    • Public Consumption accounted for 21.4 % in Jun 2025.
    • Private Consumption accounted for 61.2 % in Jun 2025.

  20. G

    GDP per capita, PPP by country, around the world | TheGlobalEconomy.com

    • theglobaleconomy.com
    csv, excel, xml
    Updated Sep 9, 2015
    + more versions
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    Globalen LLC (2015). GDP per capita, PPP by country, around the world | TheGlobalEconomy.com [Dataset]. www.theglobaleconomy.com/rankings/gdp_per_capita_ppp/
    Explore at:
    csv, excel, xmlAvailable download formats
    Dataset updated
    Sep 9, 2015
    Dataset authored and provided by
    Globalen LLC
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Dec 31, 1990 - Dec 31, 2024
    Area covered
    World
    Description

    The average for 2024 based on 177 countries was 27291 U.S. dollars. The highest value was in Singapore: 132570 U.S. dollars and the lowest value was in Burundi: 836 U.S. dollars. The indicator is available from 1990 to 2024. Below is a chart for all countries where data are available.

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Statista (2022). GDP per capita in the UK 1955-2024 [Dataset]. https://www.statista.com/statistics/970672/gdp-per-capita-in-the-uk/
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GDP per capita in the UK 1955-2024

Explore at:
3 scholarly articles cite this dataset (View in Google Scholar)
Dataset updated
Aug 15, 2022
Dataset authored and provided by
Statistahttp://statista.com/
Area covered
United Kingdom, United Kingdom
Description

In 2024, gross domestic product per capita in the United Kingdom was 40,172 British pounds, compared with 40,162 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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