Economic Outlook 119 — Contribution to world trade growth, goods and in United Kingdom of Great Britain and Northern Ireland

United Kingdom of Great Britain and Northern Ireland: Economic Outlook 119 — Contribution to world trade growth, goods and was 0.051 in 2027. ◆ Volatile

Latest (2027)
0.051
Change on year
up 2.5%
World rank
11th
of 40 countries
All-time high
0.5489
in 1997
All-time low
-0.5235
in 2020
Years of data
47
1981–2027

Economic Outlook 119 — Contribution to world trade growth, goods and in United Kingdom of Great Britain and Northern Ireland, 1981–2027

-0.5-0.2500.250.5198120042027

Source: Organisation for Economic Co-operation and Development.

Analysis

The most recent figure for economic outlook 119 — contribution to world trade growth, goods and in United Kingdom of Great Britain and Northern Ireland is 0.051, measured in 2027.

Compared with earlier readings it is up 2.5% on the previous year and down 72.0% over ten years.

Over the whole period, economic outlook 119 — contribution to world trade growth, goods and in United Kingdom of Great Britain and Northern Ireland peaked at 0.5489 in 1997 and was at its lowest, -0.5235, in 2020.

United Kingdom of Great Britain and Northern Ireland ranks 11th of 40 countries on this measure, in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Economic Outlook 119 — Contribution to world trade growth, goods and in United Kingdom of Great Britain and Northern Ireland, year by year

Annual values for Economic Outlook 119 — Contribution to world trade growth, goods and services (in USD, OECD reference year prices) in United Kingdom of Great Britain and Northern Ireland, 1981 to 2027.
Year Value Change
1981 -0.0884
1982 0.1299 -247.0%
1983 0.2035 +56.6%
1984 0.4395 +115.9%
1985 0.2307 -47.5%
1986 0.2905 +25.9%
1987 0.3977 +36.9%
1988 0.3544 -10.9%
1989 0.3269 -7.8%
1990 0.1551 -52.5%
1991 -0.121 -178.0%
1992 0.2654 -319.4%
1993 0.1853 -30.2%
1994 0.3685 +98.8%
1995 0.3607 -2.1%
1996 0.3929 +8.9%
1997 0.5489 +39.7%
1998 0.228 -58.5%
1999 0.2658 +16.6%
2000 0.4729 +77.9%
2001 0.193 -59.2%
2002 0.122 -36.8%
2003 0.0949 -22.2%
2004 0.287 +202.3%
2005 0.3337 +16.3%
2006 0.4903 +46.9%
2007 -0.0515 -110.5%
2008 0.0265 -151.4%
2009 -0.3104 -1273.1%
2010 0.3089 -199.5%
2011 0.1914 -38.0%
2012 0.0535 -72.0%
2013 0.068 +26.9%
2014 0.1201 +76.8%
2015 0.1609 +34.0%
2016 0.1564 -2.8%
2017 0.1822 +16.5%
2018 0.1386 -23.9%
2019 0.095 -31.4%
2020 -0.5235 -650.9%
2021 0.1464 -128.0%
2022 0.4959 +238.7%
2023 -0.073 -114.7%
2024 0.0716 -198.0%
2025 0.1076 +50.3%
2026 0.0497 -53.8%
2027 0.051 +2.5%

United Kingdom of Great Britain and Northern Ireland compared with similar countries

  • United Kingdom of Great Britain and Northern Ireland's 0.051 is above the median for high income countries, which is 0.0169, 3.0× the median. (30 countries reporting)
  • United Kingdom of Great Britain and Northern Ireland's 0.051 is above the median for Europe & Central Asia, which is 0.016, 3.2× the median. (21 countries reporting)

Biggest year-on-year movements

Years where Economic Outlook 119 — Contribution to world trade growth, goods and in United Kingdom of Great Britain and Northern Ireland changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
2009 -1273.1% 0.0265 -0.3104
2020 -650.9% 0.095 -0.5235

Averages by decade

DecadeAverage LowestHighest Years
1980s 0.2539 -0.0884 0.4395 9
1990s 0.265 -0.121 0.5489 10
2000s 0.1658 -0.3104 0.4903 10
2010s 0.1475 0.0535 0.3089 10
2020s 0.0407 -0.5235 0.4959 8

Countries ranked near United Kingdom of Great Britain and Northern Ireland

  1. 8 Mexico 0.0616 compare
  2. 8 Slovenia 0.0039 compare
  3. 9 Estonia 0.0026 compare
  4. 9 Japan 0.0594 compare
  5. 10 Canada 0.0581 compare
  6. 10 Latvia 0.002 compare
  7. 12 Switzerland 0.0439 compare
  8. 13 Indonesia 0.0395 compare
  9. 14 Spain 0.037 compare

See the full ranking of 54 places →

More economy & growth data for United Kingdom of Great Britain and Northern Ireland

All data for United Kingdom of Great Britain and Northern Ireland →

Frequently asked questions

What is economic outlook 119 — contribution to world trade growth, goods and in United Kingdom of Great Britain and Northern Ireland?
Economic outlook 119 — contribution to world trade growth, goods and in United Kingdom of Great Britain and Northern Ireland was 0.051 in 2027, according to Organisation for Economic Co-operation and Development.
What is the highest economic outlook 119 — contribution to world trade growth, goods and recorded in United Kingdom of Great Britain and Northern Ireland?
The highest recorded value was 0.5489 in 1997.
What is the lowest economic outlook 119 — contribution to world trade growth, goods and recorded in United Kingdom of Great Britain and Northern Ireland?
The lowest recorded value was -0.5235 in 2020.
How does United Kingdom of Great Britain and Northern Ireland rank for economic outlook 119 — contribution to world trade growth, goods and?
United Kingdom of Great Britain and Northern Ireland ranks 11th out of 40 countries with data for 2027.
Is economic outlook 119 — contribution to world trade growth, goods and rising or falling in United Kingdom of Great Britain and Northern Ireland?
Over the last ten years it is down 72.0%. The long-run trend across the full record is volatile.
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 Economic Outlook 119 — Contribution to world trade growth, goods and services (in USD, OECD reference year prices). Statizoid updates them automatically from the source API.

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Economic Outlook 119 — Contribution to world trade growth, goods and in United Kingdom of Great Britain and Northern Ireland. Statizoid, drawing on Organisation for Economic Co-operation and Development. Retrieved 17 September 2026, from https://economy.statizoid.com/stat/economic-outlook-119-contribution-to-world-trade-growth-goods-and-services-in-usd-oecd/united-kingdom/

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About this data

Indicator
Economic Outlook 119 — Contribution to world trade growth, goods and services (in USD, OECD reference year prices)
Source
Organisation for Economic Co-operation and Development
Licence
OECD Terms and Conditions (attribution required)
Coverage
54 places, 2,239 data points, 1981–2027
Last refreshed

The OECD Economic Outlook presents the OECD’s analysis of the major global economic trends and prospects for the next two years. The Outlook puts forward a consistent set of projections for output, employment, government spending, prices and current balances based on a review of each member country and of the induced effect on each of them on international developments. OECD (2026), OECD Economic Outlook No 119 (Edition 2026/1) EO119 Database documentation EO119 Last historical points gdp inflation cpi population unemployment real gdp gdp per capita employment OECD Economic Outlook website: https://www.oecd.org/economic-outlook/ Contact: eco.outlook@oecd.org Keywords: Outlook, forecasts, forecast, GDP