Annual value added and its components by economic activity in United Kingdom of Great Britain and Northern Ireland
United Kingdom of Great Britain and Northern Ireland: Annual value added and its components by economic activity was 114.33 Index in 2023. ▲ Rising
Annual value added and its components by economic activity in United Kingdom of Great Britain and Northern Ireland, 1995–2023
Source: Organisation for Economic Co-operation and Development. Measured in Index.
Analysis
In 2023, annual value added and its components by economic activity in United Kingdom of Great Britain and Northern Ireland stood at 114.33 Index. That is the highest value across all 29 years on record.
Compared with earlier readings it is up 5.2% on the previous year and up 29.2% over ten years.
Over the whole period, annual value added and its components by economic activity in United Kingdom of Great Britain and Northern Ireland peaked at 114.33 Index in 2023 and was at its lowest, 67.82 Index, in 1995.
United Kingdom of Great Britain and Northern Ireland ranks 16th of 21 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 29 years of available data.
Annual value added and its components by economic activity in United Kingdom of Great Britain and Northern Ireland, year by year
| Year | Index | Change |
|---|---|---|
| 1995 | 67.82 Index | — |
| 1996 | 68.53 Index | +1.0% |
| 1997 | 69.13 Index | +0.9% |
| 1998 | 69.66 Index | +0.8% |
| 1999 | 71.05 Index | +2.0% |
| 2000 | 72.06 Index | +1.4% |
| 2001 | 73.15 Index | +1.5% |
| 2002 | 74.34 Index | +1.6% |
| 2003 | 75.49 Index | +1.5% |
| 2004 | 76.24 Index | +1.0% |
| 2005 | 78.27 Index | +2.7% |
| 2006 | 80.45 Index | +2.8% |
| 2007 | 81.77 Index | +1.6% |
| 2008 | 84.61 Index | +3.5% |
| 2009 | 86.27 Index | +2.0% |
| 2010 | 85.02 Index | -1.4% |
| 2011 | 85.89 Index | +1.0% |
| 2012 | 87.35 Index | +1.7% |
| 2013 | 88.49 Index | +1.3% |
| 2014 | 89.49 Index | +1.1% |
| 2015 | 90.21 Index | +0.8% |
| 2016 | 91.87 Index | +1.8% |
| 2017 | 94.61 Index | +3.0% |
| 2018 | 96.36 Index | +1.8% |
| 2019 | 98.79 Index | +2.5% |
| 2020 | 100 Index | +1.2% |
| 2021 | 101.83 Index | +1.8% |
| 2022 | 108.69 Index | +6.7% |
| 2023 | 114.33 Index | +5.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 69.24 Index | 67.82 Index | 71.05 Index | 5 |
| 2000s | 78.27 Index | 72.06 Index | 86.27 Index | 10 |
| 2010s | 90.81 Index | 85.02 Index | 98.79 Index | 10 |
| 2020s | 106.21 Index | 100 Index | 114.33 Index | 4 |
Countries ranked near United Kingdom of Great Britain and Northern Ireland
More economy & growth data for United Kingdom of Great Britain and Northern Ireland
- 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)
- Exports of goods and services (current LCU), annual growth rate 3.58 % change on previous year (2025)
- Exports of goods and services (current LCU), per unit of GDP 0.2324 current LCU per US$ of GDP (2025)
- Exports of goods and services (current LCU), per capita 13,385 current LCU per person (2025)
- Exports of goods and services (constant 2015 US$), annual growth rate 2.08 % change on previous year (2025)
- Exports of goods and services (constant 2015 US$), per unit of GDP 0.2525 constant 2015 US$ per US$ of GDP (2025)
- Exports of goods and services (constant 2015 US$), per capita 14,544 constant 2015 US$ per person (2025)
- Gross fixed capital formation (current US$), annual growth rate 9.56 % change on previous year (2025)
- Gross fixed capital formation (current US$), per unit of GDP 0.1888 current US$ per US$ of GDP (2025)
All data for United Kingdom of Great Britain and Northern Ireland →
Frequently asked questions
- What is annual value added and its components by economic activity in United Kingdom of Great Britain and Northern Ireland?
- Annual value added and its components by economic activity in United Kingdom of Great Britain and Northern Ireland was 114.33 Index in 2023, according to Organisation for Economic Co-operation and Development.
- What is the highest annual value added and its components by economic activity recorded in United Kingdom of Great Britain and Northern Ireland?
- The highest recorded value was 114.33 Index in 2023.
- What is the lowest annual value added and its components by economic activity recorded in United Kingdom of Great Britain and Northern Ireland?
- The lowest recorded value was 67.82 Index in 1995.
- How does United Kingdom of Great Britain and Northern Ireland rank for annual value added and its components by economic activity?
- United Kingdom of Great Britain and Northern Ireland ranks 16th out of 21 countries with data for 2023.
- Is annual value added and its components by economic activity rising or falling in United Kingdom of Great Britain and Northern Ireland?
- Over the last ten years it is up 29.2%. The long-run trend across the full record is rising.
- Where does this United Kingdom of Great Britain and Northern Ireland data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of Annual value added and its components by economic activity — Consumption of fixed capital. Statizoid updates them automatically from the source API.
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About this data
This table presents gross value added by economic activity based on detailed breakdowns of Revision 4 of the International Standard Industrial Classification of All Economic Activities (ISIC). The table also presents detailed ISIC data for output, intermediate consumption and consumption of fixed capital (depreciation), as well as for components of gross value added (GVA) such as wages and salaries and net operating surplus (business profits) and mixed income (profits of the self-employed). These can be selected using the ‘Transaction filter’. The presentation is on a country-by-country basis. Users are recommended to select one country (or area) at a time in the ‘Reference area’ filter. Data is presented for each country in national currency as well as in euros for the European Union and the euro area. Data is presented in current prices (default view), but for some items it is possible to select chain linked volume and other price measures using the ‘Price base’ filter. These indicators were presented in the previous dissemination system in the SNA_TABLE6A dataset. See ANA Changes for information on changes in methodology: ANA Changes Explore also the GDP and non-financial accounts webpage: GDP and non-financial accounts webpage OECD statistics contact: STAT.Contact@oecd.org