Annual value added and its components by economic activity — Value in United Kingdom
United Kingdom: Annual value added and its components by economic activity — Value was 113.97 Index in 2023. ▲ Rising
Annual value added and its components by economic activity — Value in United Kingdom, 1995–2023
Source: Organisation for Economic Co-operation and Development. Measured in Index.
Analysis
The most recent figure for annual value added and its components by economic activity — value in United Kingdom is 113.97 Index, measured in 2023. That is the highest value across all 29 years on record.
That represents a change of up 7.1% on the previous year and up 32.5% over ten years.
Over the whole period, annual value added and its components by economic activity — value in United Kingdom peaked at 113.97 Index in 2023 and was at its lowest, 60.51 Index, in 1995.
That places United Kingdom 29th out of 33 countries with data for 2023, putting it 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 — Value in United Kingdom, year by year
| Year | Index | Change |
|---|---|---|
| 1995 | 60.51 Index | — |
| 1996 | 62.95 Index | +4.0% |
| 1997 | 63.11 Index | +0.3% |
| 1998 | 63.7 Index | +0.9% |
| 1999 | 64.27 Index | +0.9% |
| 2000 | 64.84 Index | +0.9% |
| 2001 | 66.12 Index | +2.0% |
| 2002 | 67.63 Index | +2.3% |
| 2003 | 69.32 Index | +2.5% |
| 2004 | 71.29 Index | +2.8% |
| 2005 | 73.27 Index | +2.8% |
| 2006 | 75.41 Index | +2.9% |
| 2007 | 76.86 Index | +1.9% |
| 2008 | 79.65 Index | +3.6% |
| 2009 | 81.72 Index | +2.6% |
| 2010 | 81.78 Index | +0.1% |
| 2011 | 83.04 Index | +1.5% |
| 2012 | 84.26 Index | +1.5% |
| 2013 | 86.01 Index | +2.1% |
| 2014 | 87.27 Index | +1.5% |
| 2015 | 88.07 Index | +0.9% |
| 2016 | 89.4 Index | +1.5% |
| 2017 | 90.74 Index | +1.5% |
| 2018 | 92.67 Index | +2.1% |
| 2019 | 94.97 Index | +2.5% |
| 2020 | 100 Index | +5.3% |
| 2021 | 100.1 Index | +0.1% |
| 2022 | 106.39 Index | +6.3% |
| 2023 | 113.97 Index | +7.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 62.91 Index | 60.51 Index | 64.27 Index | 5 |
| 2000s | 72.61 Index | 64.84 Index | 81.72 Index | 10 |
| 2010s | 87.82 Index | 81.78 Index | 94.97 Index | 10 |
| 2020s | 105.11 Index | 100 Index | 113.97 Index | 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)
- Gross value added at basic prices (GVA) (current LCU), annual growth 5.13 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 0.6852 current LCU per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current LCU), per capita 39,472 current LCU per person (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), annual 1.41 % change on previous year (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per unit 0.7556 constant 2015 US$ per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per 43,524 constant 2015 US$ per person (2025)
- Gross value added at basic prices (GVA) (constant LCU), annual growth 1.41 % change on previous year (2025)
- Gross value added at basic prices (GVA) (constant LCU), per unit of 0.5615 constant LCU per US$ of GDP (2025)
Frequently asked questions
- What is annual value added and its components by economic activity — value in United Kingdom?
- Annual value added and its components by economic activity — value in United Kingdom was 113.97 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 — value recorded in United Kingdom?
- The highest recorded value was 113.97 Index in 2023.
- What is the lowest annual value added and its components by economic activity — value recorded in United Kingdom?
- The lowest recorded value was 60.51 Index in 1995.
- How does United Kingdom rank for annual value added and its components by economic activity — value?
- United Kingdom ranks 29th out of 33 countries with data for 2023.
- Is annual value added and its components by economic activity — value rising or falling in United Kingdom?
- Over the last ten years it is up 32.5%. The long-run trend across the full record is rising.
- Where does this United Kingdom 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 — Value added, gross. 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