Economic Outlook No 118 — Indicator of competitiveness based on in United Kingdom of Great Britain and Northern Ireland
United Kingdom of Great Britain and Northern Ireland: Economic Outlook No 118 — Indicator of competitiveness based on was 106.2 in 2027. ▼ Falling
Economic Outlook No 118 — Indicator of competitiveness based on in United Kingdom of Great Britain and Northern Ireland, 1970–2027
Source: Organisation for Economic Co-operation and Development.
Analysis
United Kingdom of Great Britain and Northern Ireland recorded 106.2 for economic outlook no 118 — indicator of competitiveness based on in 2027.
That represents a change of up 0.1% on the previous year and up 11.9% over ten years.
Over the whole period, economic outlook no 118 — indicator of competitiveness based on in United Kingdom of Great Britain and Northern Ireland peaked at 130.16 in 1981 and was at its lowest, 91.86, in 1976.
That places United Kingdom of Great Britain and Northern Ireland 14th out of 39 countries with data for 2027, putting it in the middle of the range.
The long-run direction has been consistently falling across the 58 years of available data.
Economic Outlook No 118 — Indicator of competitiveness based on in United Kingdom of Great Britain and Northern Ireland, year by year
| Year | Value | Change |
|---|---|---|
| 1970 | 106.1 | — |
| 1971 | 110.31 | +4.0% |
| 1972 | 108.53 | -1.6% |
| 1973 | 97.41 | -10.2% |
| 1974 | 96.2 | -1.2% |
| 1975 | 99.52 | +3.5% |
| 1976 | 91.86 | -7.7% |
| 1977 | 93.87 | +2.2% |
| 1978 | 96.43 | +2.7% |
| 1979 | 107.76 | +11.7% |
| 1980 | 126.45 | +17.3% |
| 1981 | 130.16 | +2.9% |
| 1982 | 125.13 | -3.9% |
| 1983 | 115.67 | -7.6% |
| 1984 | 110.52 | -4.4% |
| 1985 | 112.6 | +1.9% |
| 1986 | 105.92 | -5.9% |
| 1987 | 106.05 | +0.1% |
| 1988 | 113.48 | +7.0% |
| 1989 | 111.37 | -1.9% |
| 1990 | 113.79 | +2.2% |
| 1991 | 117.9 | +3.6% |
| 1992 | 114.55 | -2.8% |
| 1993 | 103.09 | -10.0% |
| 1994 | 103 | -0.1% |
| 1995 | 98.38 | -4.5% |
| 1996 | 100.39 | +2.1% |
| 1997 | 116.1 | +15.6% |
| 1998 | 123 | +5.9% |
| 1999 | 123.49 | +0.4% |
| 2000 | 124.96 | +1.2% |
| 2001 | 122.29 | -2.1% |
| 2002 | 123.04 | +0.6% |
| 2003 | 117.3 | -4.7% |
| 2004 | 121.77 | +3.8% |
| 2005 | 119.43 | -1.9% |
| 2006 | 120.04 | +0.5% |
| 2007 | 121.48 | +1.2% |
| 2008 | 105.6 | -13.1% |
| 2009 | 95.32 | -9.7% |
| 2010 | 94.76 | -0.6% |
| 2011 | 94.49 | -0.3% |
| 2012 | 98.36 | +4.1% |
| 2013 | 96.83 | -1.6% |
| 2014 | 104.09 | +7.5% |
| 2015 | 111.21 | +6.8% |
| 2016 | 100.11 | -10.0% |
| 2017 | 94.9 | -5.2% |
| 2018 | 96.48 | +1.7% |
| 2019 | 96.35 | -0.1% |
| 2020 | 96.82 | +0.5% |
| 2021 | 100 | +3.3% |
| 2022 | 98.04 | -2.0% |
| 2023 | 101.47 | +3.5% |
| 2024 | 105.77 | +4.2% |
| 2025 | 107.96 | +2.1% |
| 2026 | 106.13 | -1.7% |
| 2027 | 106.2 | +0.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 100.8 | 91.86 | 110.31 | 10 |
| 1980s | 115.74 | 105.92 | 130.16 | 10 |
| 1990s | 111.37 | 98.38 | 123.49 | 10 |
| 2000s | 117.12 | 95.32 | 124.96 | 10 |
| 2010s | 98.76 | 94.49 | 111.21 | 10 |
| 2020s | 102.8 | 96.82 | 107.96 | 8 |
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)
- Final consumption expenditure (constant 2015 US$), per capita 39,565 constant 2015 US$ per person (2025)
- Gross national expenditure (current US$), annual growth rate 8.86 % change on previous year (2025)
- Gross national expenditure (current US$), per unit of GDP 1.01 current US$ per US$ of GDP (2025)
- Gross national expenditure (current US$), per capita 58,381 current US$ per person (2025)
- Gross national expenditure (current LCU), annual growth rate 5.67 % change on previous year (2025)
- Gross national expenditure (current LCU), per unit of GDP 0.7697 current LCU per US$ of GDP (2025)
- Gross national expenditure (current LCU), per capita 44,339 current LCU per person (2025)
- Gross national expenditure (constant 2015 US$), annual growth rate 2.02 % change on previous year (2025)
All data for United Kingdom of Great Britain and Northern Ireland →
Frequently asked questions
- What is economic outlook no 118 — indicator of competitiveness based on in United Kingdom of Great Britain and Northern Ireland?
- Economic outlook no 118 — indicator of competitiveness based on in United Kingdom of Great Britain and Northern Ireland was 106.2 in 2027, according to Organisation for Economic Co-operation and Development.
- What is the highest economic outlook no 118 — indicator of competitiveness based on recorded in United Kingdom of Great Britain and Northern Ireland?
- The highest recorded value was 130.16 in 1981.
- What is the lowest economic outlook no 118 — indicator of competitiveness based on recorded in United Kingdom of Great Britain and Northern Ireland?
- The lowest recorded value was 91.86 in 1976.
- How does United Kingdom of Great Britain and Northern Ireland rank for economic outlook no 118 — indicator of competitiveness based on?
- United Kingdom of Great Britain and Northern Ireland ranks 14th out of 39 countries with data for 2027.
- Is economic outlook no 118 — indicator of competitiveness based on rising or falling in United Kingdom of Great Britain and Northern Ireland?
- Over the last ten years it is up 11.9%. The long-run trend across the full record is falling.
- 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 No 118 — Indicator of competitiveness based on relative consumer prices. Statizoid updates them automatically from the source API.
Download this data
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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 (2025), OECD Economic Outlook No 118 (Edition 2025/2) EO118 Database documentation EO118 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