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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.
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.
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The Gross Domestic Product (GDP) in the United Kingdom was worth 3643.83 billion US dollars in 2024, according to official data from the World Bank. The GDP value of the United Kingdom represents 3.43 percent of the world economy. This dataset provides the latest reported value for - United Kingdom GDP - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.
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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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United Kingdom UK: GDP: PPP data was reported at 2,856,703.440 Intl $ mn in 2017. This records an increase from the previous number of 2,798,058.629 Intl $ mn for 2016. United Kingdom UK: GDP: PPP data is updated yearly, averaging 1,847,822.483 Intl $ mn from Dec 1990 (Median) to 2017, with 28 observations. The data reached an all-time high of 2,856,703.440 Intl $ mn in 2017 and a record low of 969,455.384 Intl $ mn in 1990. United Kingdom UK: GDP: PPP 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: Purchasing Power Parity. PPP GDP is gross domestic product converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as the U.S. dollar has in the United States. 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 international dollars. For most economies PPP figures are extrapolated from the 2011 International Comparison Program (ICP) benchmark estimates or imputed using a statistical model based on the 2011 ICP. For 47 high- and upper middle-income economies conversion factors are provided by Eurostat and the Organisation for Economic Co-operation and Development (OECD).; ; World Bank, International Comparison Program database.; Gap-filled total;
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United Kingdom UK: GDP: USD data was reported at 2,622.434 USD bn in 2017. This records a decrease from the previous number of 2,650.850 USD bn for 2016. United Kingdom UK: GDP: USD data is updated yearly, averaging 918.504 USD bn from Dec 1960 (Median) to 2017, with 58 observations. The data reached an all-time high of 3,074.360 USD bn in 2007 and a record low of 72.328 USD bn in 1960. United Kingdom UK: GDP: USD 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 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.; ; World Bank national accounts data, and OECD National Accounts data files.; Gap-filled total;
Explore real GDP growth projections dataset, including insights into the impact of COVID-19 on economic trends. This dataset covers countries such as Spain, Australia, France, Italy, Brazil, and more.
growth rate, Real, COVID-19, GDP
Spain, Australia, France, Italy, Brazil, Argentina, United Kingdom, United States, Canada, Russia, Turkiye, World, China, Mexico, Korea, India, Saudi Arabia, South Africa, Germany, Indonesia, JapanFollow data.kapsarc.org for timely data to advance energy economics research..Source: OECD Economic Outlook database.- India projections are based on fiscal years, starting in April. The European Union is a full member of the G20, but the G20 aggregate only includes countries that are also members in their own right. Spain is a permanent invitee to the G20. World and G20 aggregates use moving nominal GDP weights at purchasing power parities. Difference in percentage points, based on rounded figures.
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The United Kingdom recorded a Government Debt to GDP of 95.90 percent of the country's Gross Domestic Product in 2024. This dataset provides - United Kingdom Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.
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The Comparative Political Economy Database (CPEDB) began at the Centre for Learning, Social Economy and Work (CLSEW) at the Ontario Institute for Studies in Education at the University of Toronto (OISE/UT) as part of the Changing Workplaces in a Knowledge Economy (CWKE) project. This data base was initially conceived and developed by Dr. Wally Seccombe (independent scholar) and Dr. D.W. Livingstone (Professor Emeritus at the University of Toronto). Seccombe has conducted internationally recognized historical research on evolving family structures of the labouring classes (A Millennium of Family Change: Feudalism to Capitalism in Northwestern Europe and Weathering the Storm: Working Class Families from the Industrial Revolution to the Fertility Decline). Livingstone has conducted decades of empirical research on class and labour relations. A major part of this research has used the Canadian Class Structure survey done at the Institute of Political Economy (IPE) at Carleton University in 1982 as a template for Canadian national surveys in 1998, 2004, 2010 and 2016, culminating in Tipping Point for Advanced Capitalism: Class, Class Consciousness and Activism in the ‘Knowledge Economy’ (https://fernwoodpublishing.ca/book/tipping-point-for-advanced-capitalism) and a publicly accessible data base including all five of these Canadian surveys (https://borealisdata.ca/dataverse/CanadaWorkLearningSurveys1998-2016). Seccombe and Livingstone have collaborated on a number of research studies that recognize the need to take account of expanded modes of production and reproduction. Both Seccombe and Livingstone are Research Associates of CLSEW at OISE/UT. The CPEDB Main File (an SPSS data file) covers the following areas (in order): demography, family/household, class/labour, government, electoral democracy, inequality (economic, political & gender), health, environment, internet, macro-economic and financial variables. In its present form, it contains annual data on 725 variables from 12 countries (alphabetically listed): Canada, Denmark, France, Germany, Greece, Italy, Japan, Norway, Spain, Sweden, United Kingdom and United States. A few of the variables date back to 1928, and the majority date from 1960 to 1990. Where these years are not covered in the source, a minority of variables begin with more recent years. All the variables end at the most recent available year (1999 to 2022). In the next version developed in 2025, the most recent years (2023 and 2024) will be added whenever they are present in the sources’ datasets. For researchers who are not using SPSS, refer to the Chart files for overviews, summaries and information on the dataset. For a current list of the variable names and their labels in the CPEDB data base, see the excel file: Outline of SPSS file Main CPEDB, Nov 6, 2023. At the end of each variable label in this file and the SPSS datafile, you will find the source of that variable in a bracket. If I have combined two variables from a given source, the bracket will begin with WS and then register the variables combined. In the 14 variables David created at the beginning of the Class Labour section, you will find DWL in these brackets with his description as to how it was derived. The CPEDB’s variables have been derived from many databases; the main ones are OECD (their Statistics and Family Databases), World Bank, ILO, IMF, WHO, WIID (World Income Inequality Database), OWID (Our World in Data), Parlgov (Parliaments and Governments Database), and V-Dem (Varieties of Democracy). The Institute for Political Economy at Carleton University is currently the main site for continuing refinement of the CPEDB. IPE Director Justin Paulson and other members are involved along with Seccombe and Livingstone in further development and safe storage of this updated database both at the IPE at Carleton and the UT dataverse. All those who explore the CPEDB are invited to share their perceptions of the entire database, or any of its sections, with Seccombe generally (wseccombe@sympatico.ca) and Livingstone for class/labour issues (davidlivingstone@utoronto.ca). They welcome any suggestions for additional variables together with their data sources. A new version CPEDB will be created in the spring of 2025 and installed as soon as the revision is completed. This revised version is intended to be a valuable resource for researchers in all of the included countries as well as Canada.
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United Kingdom UK: PPP Conversion Factor: to Market Exchange Rate: Price Level Ratio data was reported at 0.918 % in 2017. This records a decrease from the previous number of 0.947 % for 2016. United Kingdom UK: PPP Conversion Factor: to Market Exchange Rate: Price Level Ratio data is updated yearly, averaging 1.127 % from Dec 1990 (Median) to 2017, with 28 observations. The data reached an all-time high of 1.421 % in 2007 and a record low of 0.918 % in 2017. United Kingdom UK: PPP Conversion Factor: to Market Exchange Rate: Price Level Ratio 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: Purchasing Power Parity. Purchasing power parity conversion factor is the number of units of a country's currency required to buy the same amount of goods and services in the domestic market as a U.S. dollar would buy in the United States. The ratio of PPP conversion factor to market exchange rate is the result obtained by dividing the PPP conversion factor by the market exchange rate. The ratio, also referred to as the national price level, makes it possible to compare the cost of the bundle of goods that make up gross domestic product (GDP) across countries. It tells how many dollars are needed to buy a dollar's worth of goods in the country as compared to the United States. PPP conversion factors are based on the 2011 ICP round.; ; World Bank, International Comparison Program database.; ;
This Annual GVA series is our most accurate estimate of Digital Sector GVA. These Economic Estimates are Accredited Official Statistics used to provide an estimate of the contribution of the Digital Sector and its associated subsectors to the UK, measured by GVA (gross value added).
This is the first release of provisional annual estimates for 2023, and Blue Book 2024 inclusive revisions to 2019 to 2022 annual estimates. The provisional Annual GVA estimates for 2023 for the Digital Sector will be revised in our next release, upon updates to underlying ABS data, and further revised in the following statistical release to include Blue Book 2025 revisions. Our next release is planned to include a full analytical report providing additional analysis on our produced GVA estimates.
This release includes a methodology update to the deflators used to remove the effects of inflation in our chained volume measure estimates. A summary of the revisions to 2019 to 2022 estimates as part of this release can be found in the accompanying revisions report.
This is a continuation of the Digital Sector Economic Estimates: Annual GVA release series, previously produced by the Department for Culture, Media and Sport (DCMS). Responsibility for Digital and Telecommunications policy now sits with the Department for Science, Innovation and Technology (DSIT).
Findings in this release are calculated based on the published Office for National Statistics (ONS) https://www.ons.gov.uk/economy/nationalaccounts/supplyandusetables/datasets/supplyanduseofproductsandindustrygvaukexperimental" class="govuk-link">Supply and Use Tables, ONS https://www.ons.gov.uk/economy/grossdomesticproductgdp/datasets/ukgdpolowlevelaggregates" class="govuk-link">Gross Domestic Product (GDP) low-level aggregates and the ONS https://www.ons.gov.uk/businessindustryandtrade/business/businessservices/methodologies/annualbusinesssurveyabs" class="govuk-link">Annual Business Survey (ABS).
The Supply and Use Tables (SUT) report balanced GVA at the 2-digit Standard Industrial Classification (SIC) code level up to 2022. SUT <abbr title="Gross V
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The United Kingdom recorded a trade deficit of 5699 GBP Million in May of 2025. This dataset provides - United Kingdom Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news.
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United Kingdom UK:(GDP) Gross Domestic Productper Person Employed: 2011 PPP data was reported at 79,330.523 Intl $ in 2017. This records a decrease from the previous number of 79,377.656 Intl $ for 2016. United Kingdom UK:(GDP) Gross Domestic Productper Person Employed: 2011 PPP data is updated yearly, averaging 75,217.430 Intl $ from Dec 1991 (Median) to 2017, with 27 observations. The data reached an all-time high of 79,377.656 Intl $ in 2016 and a record low of 57,399.785 Intl $ in 1991. United Kingdom UK:(GDP) Gross Domestic Productper Person Employed: 2011 PPP 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: Employment and Unemployment. GDP per person employed is gross domestic product (GDP) divided by total employment in the economy. Purchasing power parity (PPP) GDP is GDP converted to 2011 constant international dollars using PPP rates. An international dollar has the same purchasing power over GDP that a U.S. dollar has in the United States.; ; International Labour Organization, ILOSTAT database. Data retrieved in November 2017.; Weighted average; Data up to 2016 are estimates while data from 2017 are projections.
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United Kingdom UK: PPP Conversion Factor: GDP data was reported at 0.713 GBP/Intl $ in 2017. This records an increase from the previous number of 0.702 GBP/Intl $ for 2016. United Kingdom UK: PPP Conversion Factor: GDP data is updated yearly, averaging 0.702 GBP/Intl $ from Dec 1990 (Median) to 2017, with 28 observations. The data reached an all-time high of 0.726 GBP/Intl $ in 1999 and a record low of 0.635 GBP/Intl $ in 1990. United Kingdom UK: PPP Conversion Factor: GDP 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: Purchasing Power Parity. Purchasing power parity conversion factor is the number of units of a country's currency required to buy the same amounts of goods and services in the domestic market as U.S. dollar would buy in the United States. This conversion factor is for GDP. For most economies PPP figures are extrapolated from the 2011 International Comparison Program (ICP) benchmark estimates or imputed using a statistical model based on the 2011 ICP. For 47 high- and upper middle-income economies conversion factors are provided by Eurostat and the Organisation for Economic Co-operation and Development (OECD).; ; World Bank, International Comparison Program database.; ;
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Government spending in the United Kingdom was last recorded at 44.4 percent of GDP in 2024 . This dataset provides the latest reported value for - United Kingdom Government Spending to GDP - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.
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Inflation Rate in the United Kingdom decreased to 3.40 percent in May from 3.50 percent in April of 2025. This dataset provides - United Kingdom Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.
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United Kingdom UK: GDP: Market Price: Linked Series data was reported at 2,037,638.000 GBP mn in 2017. This records an increase from the previous number of 1,963,311.000 GBP mn for 2016. United Kingdom UK: GDP: Market Price: Linked Series data is updated yearly, averaging 1,248,517.000 GBP mn from Dec 1989 (Median) to 2017, with 29 observations. The data reached an all-time high of 2,037,638.000 GBP mn in 2017 and a record low of 566,512.000 GBP mn in 1989. United Kingdom UK: GDP: Market Price: Linked Series 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 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. 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 current local currency.; ; World Bank staff estimates based on World Bank national accounts data archives, OECD National Accounts, and the IMF WEO database.; ;
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Chad TD: GDP: USD: Gross National Income per Capita: Atlas Method data was reported at 670.000 USD in 2023. This records an increase from the previous number of 660.000 USD for 2022. Chad TD: GDP: USD: Gross National Income per Capita: Atlas Method data is updated yearly, averaging 220.000 USD from Dec 1962 (Median) to 2023, with 62 observations. The data reached an all-time high of 940.000 USD in 2014 and a record low of 110.000 USD in 1964. Chad TD: 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 Chad – Table TD.World Bank.WDI: 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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United Kingdom UK: Exports: Low- and Middle-Income Economies: % of Total Goods Exports: Latin America & The Caribbean data was reported at 1.510 % in 2016. This records a decrease from the previous number of 1.711 % for 2015. United Kingdom UK: Exports: Low- and Middle-Income Economies: % of Total Goods Exports: Latin America & The Caribbean data is updated yearly, averaging 1.597 % from Dec 1960 (Median) to 2016, with 57 observations. The data reached an all-time high of 5.216 % in 1960 and a record low of 1.132 % in 2006. United Kingdom UK: Exports: Low- and Middle-Income Economies: % of Total Goods Exports: Latin America & The Caribbean 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: Exports. Merchandise exports to low- and middle-income economies in Latin America and the Caribbean are the sum of merchandise exports from the reporting economy to low- and middle-income economies in the Latin America and the Caribbean region according to World Bank classification of economies. Data are as a percentage of total merchandise exports by the economy. Data are computed only if at least half of the economies in the partner country group had non-missing data.; ; World Bank staff estimates based data from International Monetary Fund's Direction of Trade database.; Weighted average;
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United Kingdom UK: Imports: Low- and Middle-Income Economies: % of Total Goods Imports: Latin America & The Caribbean data was reported at 1.461 % in 2016. This records a decrease from the previous number of 1.594 % for 2015. United Kingdom UK: Imports: Low- and Middle-Income Economies: % of Total Goods Imports: Latin America & The Caribbean data is updated yearly, averaging 2.035 % from Dec 1960 (Median) to 2016, with 57 observations. The data reached an all-time high of 6.578 % in 1960 and a record low of 1.423 % in 1990. United Kingdom UK: Imports: Low- and Middle-Income Economies: % of Total Goods Imports: Latin America & The Caribbean 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: Imports. Merchandise imports from low- and middle-income economies in Latin America and the Caribbean are the sum of merchandise imports by the reporting economy from low- and middle-income economies in the Latin America and the Caribbean region according to the World Bank classification of economies. Data are expressed as a percentage of total merchandise imports by the economy. Data are computed only if at least half of the economies in the partner country group had non-missing data.; ; World Bank staff estimates based data from International Monetary Fund's Direction of Trade database.; Weighted average;
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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.