Annual gdp growth in United Kingdom
United Kingdom: Annual gdp growth was 0.34 in 2023. β Volatile
Latest (2023)
0.34
Change on year
down 93.0%
World rank
176th
of 211 countries
All-time high
8.58
in 2021
All-time low
-10.3
in 2020
Years of data
24
2000β2023
Annual gdp growth in United Kingdom, 2000β2023
Source: Our World in Data.
Analysis
The most recent figure for annual gdp growth in United Kingdom is 0.34, measured in 2023.
Compared with earlier readings it is down 93.0% on the previous year and down 81.1% over ten years.
Over the whole period, annual gdp growth in United Kingdom peaked at 8.58 in 2021 and was at its lowest, -10.3, in 2020.
That places United Kingdom 176th out of 211 countries with data for 2023, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.72 | -4.62 | 4.34 | 10 |
| 2010s | 1.97 | 1.14 | 3.19 | 10 |
| 2020s | 0.865 | -10.3 | 8.58 | 4 |
Countries ranked near United Kingdom
More economy & growth data for United Kingdom
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.14 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 1.42 Percent per annum (2029)
- Taxes less subsidies on products (current LCU), annual growth rate 5.18 % change on previous year (2025)
- Taxes less subsidies on products (current LCU), per unit of GDP 0.0742 current LCU per US$ of GDP (2025)
- Taxes less subsidies on products (current LCU), per capita 4,275 current LCU per person (2025)
- Special drawing rights per domestic currency (End-of-period (EoP)) 0.9825 (2025)
- Domestic currency per Special drawing rights (End-of-period (EoP)) 1.02 (2025)
- Domestic currency per US dollar (End-of-period (EoP)) 0.7432 (2025)
- US dollar per domestic currency (End-of-period (EoP)) 1.35 (2025)
- Gdp worldbank constant usd, annual growth rate 1.39 % change on previous year (2025)
Frequently asked questions
- What is annual gdp growth in United Kingdom?
- Annual gdp growth in United Kingdom was 0.34 in 2023, according to Our World in Data.
- What is the highest annual gdp growth recorded in United Kingdom?
- The highest recorded value was 8.58 in 2021.
- What is the lowest annual gdp growth recorded in United Kingdom?
- The lowest recorded value was -10.3 in 2020.
- How does United Kingdom rank for annual gdp growth?
- United Kingdom ranks 176th out of 211 countries with data for 2023.
- Is annual gdp growth rising or falling in United Kingdom?
- Over the last ten years it is down 81.1%. The long-run trend across the full record is volatile.
- Where does this United Kingdom data come from?
- The figures come from Our World in Data, published as part of Annual gdp growth. Statizoid updates them automatically from the source API.
Download this data
CSV Β· JSON β 24 observations, free to reuse under CC BY 4.0 (Our World in Data).