Economic Outlook 119 … services (in USD, OECD reference year prices) in United Kingdom
United Kingdom: Economic Outlook 119 … services (in USD, OECD reference year prices) was 0.051 in 2027. ◆ Volatile
Economic Outlook 119 — Contribution to world trade growth, goods and in United Kingdom, 1981–2027
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 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 peaked at 0.5489 in 1997 and was at its lowest, -0.5235, in 2020.
United Kingdom 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 … services (in USD, OECD reference year prices) in United Kingdom, year by year
| 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 compared with similar countries
- United Kingdom's 0.051 is above the median for high income countries, which is 0.0169, 3.0× the median. (30 countries reporting)
- United Kingdom'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 … services (in USD, OECD reference year prices) in United Kingdom 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.
| Year | Change | From | To |
|---|---|---|---|
| 2009 | -1273.1% | 0.0265 | -0.3104 |
| 2020 | -650.9% | 0.095 | -0.5235 |
Averages by decade
| Decade | Average | Lowest | Highest | 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
More economy & growth data for United Kingdom
- Real gdp growth, annual growth rate 21.6 % change on previous year (2025)
- 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)
- SDRs holdings, US dollar, annual growth rate 1.04 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0099 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 571.28 units per person (2025)
- SDRs holdings, SDR, annual growth rate -3.78 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0072 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 417.14 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 3.15 % change on previous year (2025)
Frequently asked questions
- What is economic outlook 119 — contribution to world trade growth, goods and in United Kingdom?
- Economic outlook 119 — contribution to world trade growth, goods and in United Kingdom 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?
- 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?
- The lowest recorded value was -0.5235 in 2020.
- How does United Kingdom rank for economic outlook 119 — contribution to world trade growth, goods and?
- United Kingdom 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?
- 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 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.
Download this data
CSV · JSON — 47 observations, free to reuse under OECD Terms and Conditions (attribution required).
About this data
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