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TwitterIn 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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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.
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TwitterThe 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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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.
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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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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.
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TwitterIn 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.
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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.; ;
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TwitterGDP 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.
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Historical dataset showing U.K. GDP per capita by year from 1960 to 2023.
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Actual value and historical data chart for United Kingdom GDP Per Capita Growth Annual Percent
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TwitterIn 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.
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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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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.
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Actual value and historical data chart for United Kingdom GDP Per Capita Us Dollar
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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.
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Graph and download economic data for Labor Productivity: Real GDP Per Person in the United Kingdom (LPRGDPUKA) from 1856 to 2016 about productivity, academic data, United Kingdom, per capita, labor, real, and GDP.
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TwitterIn 2023, the gross domestic product per capita in England was ****** British pounds, compared with ****** in Scotland, ****** in Wales, and ****** in Northern Ireland.
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Health Poverty Index - Root Causes: Gross Domestic Product (GDP) per capita Source: Department of Health (DoH) Publisher: Health Poverty Index Geographies: National Geographic coverage: England Time coverage: 1998 Type of data: Administrative data Notes: The lowest level at which data is available is NUTS 3, and so the same GDP was assigned to the constituent Local Authority areas in each NUTS 3 region. For example, the NUTS 3 area Inner London comprises City of London, Camden, Hammersmith and Fulham, Kensington and Chelsea, Wandsworth and Westminster:
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Key information about United Kingdom GDP Per Capita
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TwitterIn 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.