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.

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.

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.

In the first quarter of 2025, the quarterly GDP per person in the United Kingdom was 9,310British pounds, compared with 9,254 pounds in the previous quarter.

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.

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.

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.

GDP per capita growth (annual %) in United Kingdom was reported at 0.0287 % in 2024, 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 July of 2025.

In the first quarter of 2025, quarterly growth in GDP per capita in the United Kingdom was 0.6 percent, compared with the previous quarter when there was no growth.

Graph and download economic data for Constant GDP per capita for the United Kingdom (NYGDPPCAPKDGBR) from 1960 to 2024 about United Kingdom, per capita, real, and GDP.

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 capita (current LCU) in United Kingdom was reported at 39796 LCU in 2023, 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 July of 2025.

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.  

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.

GDP per capita, PPP (current international $) in United Kingdom was reported at 58225 USD in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. United Kingdom - GDP per capita, PPP (current international $) - actual values, historical data, forecasts and projections were sourced from the World Bank on June of 2025.

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.

U.K. GDP for 2023 was 3.381 trillion US dollars, a 8.57% increase from 2022.

<ul style='margin-top:20px;'>

<li>U.K. GDP for 2022 was <strong>3.114 trillion US dollars</strong>, a <strong>0.93% decline</strong> from 2021.</li>
<li>U.K. GDP for 2021 was <strong>3.143 trillion US dollars</strong>, a <strong>16.56% increase</strong> from 2020.</li>
<li>U.K. GDP for 2020 was <strong>2.697 trillion US dollars</strong>, a <strong>5.42% decline</strong> from 2019.</li>
</ul>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 current U.S. dollars. Dollar figures for GDP are converted from domestic currencies using single year official exchange rates. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used.

Key information about UK Household Income per Capita

• United Kingdom Annual Household Income per Capita reached 34,805.008 USD in Dec 2023, compared with the previous value of 36,168.598 USD in Dec 2022.
• UK Annual Household Income per Capita data is updated yearly, available from Dec 1996 to Dec 2023, with an averaged value of 38,694.697 USD.
• The data reached an all-time high of 56,270.561 USD in Dec 2007 and a record low of 27,377.030 USD in Dec 1996.
• In the latest reports, Retail Sales of UK dropped 2.090 % YoY in May 2023.

CEIC calculates Annual Household Income per Capita from annual Average Household Income and Average Household Size and converts it into USD. Office for National Statistics provides Household Income in local currency and Average Household Size. Federal Reserve Board average market exchange rate is used for currency conversions.

GDP per capita (constant 2015 US$) in United Kingdom was reported at 47265 USD in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. United Kingdom - GDP per capita (constant 2000 US$) - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.

GDP per capita (current US$) in United Kingdom was reported at 52637 USD in 2024, 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 July of 2025.