Key information about United Kingdom Gross National Product (GNP)

• United Kingdom Gross National Product (GNP) was reported at 920.655 USD bn in Sep 2024.
• This records an increase from the previous number of 872.904 USD bn for Jun 2024.
• UK Gross National Product (GNP) data is updated quarterly, averaging 282.639 USD bn from Mar 1957 to Sep 2024, with 271 observations.
• The data reached an all-time high of 920.655 USD bn in Sep 2024 and a record low of 14.941 USD bn in Mar 1957.

• UK Gross National Product (GNP) data remains active status in CEIC and is reported by CEIC Data.
• CEIC converts quarterly Gross National Product into USD. Office for National Statistics provides Gross National Product in local currency. Federal Reserve Board average market exchange rate is used for currency conversions.

Gross National Product in the United Kingdom increased to 731722 GBP Million in the first quarter of 2025 from 723702 GBP Million in the fourth quarter of 2024. This dataset provides the latest reported value for - United Kingdom Gross National Income - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Graph and download economic data for Gross National Income for United Kingdom (MKTGNIGBA646NWDB) from 1960 to 2024 about GNI, United Kingdom, and income.

United Kingdom UK: GDP: Gross National Income data was reported at 2,004,358.000 GBP mn in 2017. This records an increase from the previous number of 1,916,508.000 GBP mn for 2016. United Kingdom UK: GDP: Gross National Income data is updated yearly, averaging 745,110.695 GBP mn from Dec 1970 (Median) to 2017, with 48 observations. The data reached an all-time high of 2,004,358.000 GBP mn in 2017 and a record low of 58,012.724 GBP mn in 1970. United Kingdom UK: GDP: Gross National Income 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 (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.; ;

Historical dataset showing U.K. GNP by year from 1962 to 2023.

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;

The gross domestic product of the United Kingdom was around 2.56 trillion British pounds, an increase when compared to the previous year, when UK GDP amounted to about 2.54 trillion pounds. The significant drop in GDP visible in 2020 was due to the COVID-19 pandemic, with the smaller declines in 2008 and 2009 because of the global financial crisis of the late 2000s. Low growth problem in the UK Despite growing by 0.9 percent in 2024, and 0.4 percent in 2023 the UK economy is not that much larger than it was before the COVID-19 pandemic. Since recovering from a huge fall in GDP in the second quarter of 2020, the UK economy has alternated between periods of contraction and low growth, with the UK even in a recession at the end of 2023. While economic growth picked up somewhat in 2024, GDP per capita is lower than it was in 2022, following two years of negative growth. UK's global share of GDP falling As of 2024, the UK had the sixth-largest economy in the world, behind the United States, China, Japan, Germany, and India. Among European nations, this meant that the UK currently has the second-largest economy in Europe, although the economy of France, Europe's third-largest economy, is of a similar size. The UK's global economic ranking will likely fall in the coming years, however, with the UK's share of global GDP expected to fall from 2.16 percent in 2025 to 2.02 percent by 2029.  

View yearly updates and historical trends for UK Gross National Income. from United Kingdom. Source: Office for National Statistics. Track economic data w…

United Kingdom UK: GDP: USD: Gross National Income data was reported at 2,579.603 USD bn in 2017. This records a decrease from the previous number of 2,587.657 USD bn for 2016. United Kingdom UK: GDP: USD: Gross National Income data is updated yearly, averaging 1,189.883 USD bn from Dec 1970 (Median) to 2017, with 48 observations. The data reached an all-time high of 3,095.884 USD bn in 2007 and a record low of 139.219 USD bn in 1970. United Kingdom UK: GDP: USD: Gross National Income 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 (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 U.S. dollars.; ; World Bank national accounts data, and OECD National Accounts data files.; Gap-filled total;

GNI per capita, PPP (current international $) in United Kingdom was reported at 60090 USD in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. United Kingdom - GNI per capita, PPP (current international $) - actual values, historical data, forecasts and projections were sourced from the World Bank on September of 2025.

As of 2023, the market cap of all listed domestic companies in the United Kingdom to the country's Gross National Income (GNI) ratio amounted to ** percent, decreasing **** percentage points compared to the previous year.

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.; ;

Differences between the UK Gross National Income (GNI) as published in the annual national accounts and the UK GNI used to calculate UK budget payments to the EU, known as GNI for EU own resource purposes. Under the EU withdrawal agreement, the UK continues to make payments towards the EU budget for years up to 2020.

UK official development assistance. Some small improvements will be made to the presentation of information in this publication as recommended by the Good Practice Team from the National Statistician’s Office. Source agency: International Development Designation: National Statistics Language: English Alternative title: Provisional UK ODA as a Proportion of GNI

United Kingdom UK: GDP: sa: Gross National Income data was reported at 494,149.000 GBP mn in Mar 2017. This records an increase from the previous number of 492,534.000 GBP mn for Dec 2016. United Kingdom UK: GDP: sa: Gross National Income data is updated quarterly, averaging 92,949.000 GBP mn from Mar 1955 (Median) to Mar 2017, with 249 observations. The data reached an all-time high of 494,149.000 GBP mn in Mar 2017 and a record low of 4,776.000 GBP mn in Mar 1955. United Kingdom UK: GDP: sa: Gross National Income data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s United Kingdom – Table UK.IMF.IFS: Gross Domestic Product: by Expenditure: Seasonally Adjusted: Quarterly.

United Kingdom UK: GDP: USD: Gross National Income: Atlas Method data was reported at 2,675.928 USD bn in 2017. This records a decrease from the previous number of 2,778.979 USD bn for 2016. United Kingdom UK: GDP: USD: Gross National Income: Atlas Method data is updated yearly, averaging 1,213.720 USD bn from Dec 1970 (Median) to 2017, with 48 observations. The data reached an all-time high of 2,992.672 USD bn in 2008 and a record low of 136.009 USD bn in 1970. United Kingdom UK: GDP: USD: Gross National Income: 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 (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 U.S. dollars. 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.; Gap-filled total;

GNI growth of United Kingdom plummeted by 112.74% from 3.3 % in 2022 to -0.4 % in 2023. Since the 187.75% surge in 2019, GNI growth sank by 113.60% in 2023. 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.

United Kingdom UK: Gross National Income: Linked Series data was reported at 2,652,321.000 GBP mn in 2023. This records an increase from the previous number of 2,518,331.000 GBP mn for 2022. United Kingdom UK: Gross National Income: Linked Series data is updated yearly, averaging 1,498,397.500 GBP mn from Dec 1990 (Median) to 2023, with 34 observations. The data reached an all-time high of 2,652,321.000 GBP mn in 2023 and a record low of 629,394.644 GBP mn in 1990. United Kingdom UK: Gross National Income: Linked Series 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 (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. This series has been linked to produce a consistent time series to counteract breaks in series over time due to changes in base years, source data and methodologies. Thus, it may not be comparable with other national accounts series in the database for historical years. Data are in local currency, at current prices.;World Bank staff estimates based on World Bank national accounts data archives, OECD National Accounts, and the IMF WEO database.;;