GBARD by socioeconomic objectives (NABS 2007) in United Kingdom
United Kingdom: GBARD by socioeconomic objectives (NABS 2007) was 19,589 Million euro in 2023. ▲ Rising
Latest (2023)
19,589 Million euro
Change on year
up 7.8%
World rank
5th
of 51 countries
All-time high
19,589 Million euro
in 2023
All-time low
10,496 Million euro
in 2011
Years of data
20
2004–2023
GBARD by socioeconomic objectives in United Kingdom, 2004–2023
Source: Eurostat. Measured in Million euro.
Analysis
In 2023, gbard by socioeconomic objectives in United Kingdom stood at 19,589 Million euro. That is the highest value across all 20 years on record.
That represents a change of up 7.8% on the previous year and up 66.6% over ten years.
Over the whole period, gbard by socioeconomic objectives in United Kingdom peaked at 19,589 Million euro in 2023 and was at its lowest, 10,496 Million euro, in 2011.
United Kingdom ranks 5th of 51 countries on this measure, in the top 10%.
The long-run direction has been consistently rising across the 20 years of available data.
GBARD by socioeconomic objectives (NABS 2007) in United Kingdom, year by year
| Year | Million euro | Change |
|---|---|---|
| 2004 | 12,457 Million euro | — |
| 2005 | 12,538 Million euro | +0.7% |
| 2006 | 13,169 Million euro | +5.0% |
| 2007 | 13,655 Million euro | +3.7% |
| 2008 | 11,597 Million euro | -15.1% |
| 2009 | 10,583 Million euro | -8.7% |
| 2010 | 10,902 Million euro | +3.0% |
| 2011 | 10,496 Million euro | -3.7% |
| 2012 | 11,226 Million euro | +7.0% |
| 2013 | 11,758 Million euro | +4.7% |
| 2014 | 12,626 Million euro | +7.4% |
| 2015 | 13,992 Million euro | +10.8% |
| 2016 | 12,610 Million euro | -9.9% |
| 2017 | 12,494 Million euro | -0.9% |
| 2018 | 13,358 Million euro | +6.9% |
| 2019 | 13,869 Million euro | +3.8% |
| 2020 | 15,741 Million euro | +13.5% |
| 2021 | 16,318 Million euro | +3.7% |
| 2022 | 18,177 Million euro | +11.4% |
| 2023 | 19,589 Million euro | +7.8% |
United Kingdom compared with similar countries
- United Kingdom's 19,589 Million euro is above the median for Europe & Central Asia, which is 1,276 Million euro, 15.4× the median. (33 countries reporting)
- United Kingdom's 19,589 Million euro is above the median for high income countries, which is 2,883 Million euro, 6.8× the median. (35 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 12,333 Million euro | 10,583 Million euro | 13,655 Million euro | 6 |
| 2010s | 12,333 Million euro | 10,496 Million euro | 13,992 Million euro | 10 |
| 2020s | 17,456 Million euro | 15,741 Million euro | 19,589 Million euro | 4 |
Countries ranked near United Kingdom
- 3 Japan 49,216 Million euro compare
- 4 Germany 46,260 Million euro compare
- 5 United Kingdom 19,589 Million euro compare
- 7 Korea 17,986 Million euro compare
- 7 South Korea 17,986 Million euro compare
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 gbard by socioeconomic objectives in United Kingdom?
- Gbard by socioeconomic objectives in United Kingdom was 19,589 Million euro in 2023, according to Eurostat.
- What is the highest gbard by socioeconomic objectives recorded in United Kingdom?
- The highest recorded value was 19,589 Million euro in 2023.
- What is the lowest gbard by socioeconomic objectives recorded in United Kingdom?
- The lowest recorded value was 10,496 Million euro in 2011.
- How does United Kingdom rank for gbard by socioeconomic objectives?
- United Kingdom ranks 5th out of 51 countries with data for 2023.
- Is gbard by socioeconomic objectives rising or falling in United Kingdom?
- Over the last ten years it is up 66.6%. The long-run trend across the full record is rising.
- Where does this United Kingdom data come from?
- The figures come from Eurostat, published as part of GBARD by socioeconomic objectives (NABS 2007). Statizoid updates them automatically from the source API.
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