GDP growth in United Kingdom
United Kingdom: GDP growth was 1.13 in 2024. ◆ Volatile
Latest (2024)
1.13
Change on year
up 314.7%
World rank
51st
of 74 countries
All-time high
8.54
in 2021
All-time low
-10.05
in 2020
Years of data
64
1961–2024
GDP growth in United Kingdom, 1961–2024
Source: UNICEF.
Analysis
United Kingdom recorded 1.13 for gdp growth in 2024.
Compared with earlier readings it is up 314.7% on the previous year and down 64.4% over ten years.
Over the whole period, gdp growth in United Kingdom peaked at 8.54 in 2021 and was at its lowest, -10.05, in 2020.
United Kingdom ranks 51st of 74 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.
GDP growth in United Kingdom, year by year
| Year | Value | Change |
|---|---|---|
| 1961 | 2.7 | — |
| 1962 | 1.1 | -59.3% |
| 1963 | 4.86 | +342.3% |
| 1964 | 5.59 | +15.1% |
| 1965 | 2.13 | -61.9% |
| 1966 | 1.57 | -26.4% |
| 1967 | 2.78 | +77.1% |
| 1968 | 5.47 | +97.2% |
| 1969 | 1.94 | -64.6% |
| 1970 | 2.71 | +39.7% |
| 1971 | 2 | -26.0% |
| 1972 | 3.63 | +80.9% |
| 1973 | 7.31 | +101.7% |
| 1974 | -1.68 | -123.0% |
| 1975 | -0.6769 | -59.7% |
| 1976 | 2.8 | -514.4% |
| 1977 | 2.36 | -15.7% |
| 1978 | 3.4 | +44.0% |
| 1979 | 2.75 | -19.3% |
| 1980 | -2.18 | -179.3% |
| 1981 | -1.32 | -39.3% |
| 1982 | 2.09 | -258.2% |
| 1983 | 3.62 | +73.2% |
| 1984 | 2.67 | -26.3% |
| 1985 | 3.6 | +34.8% |
| 1986 | 4.01 | +11.5% |
| 1987 | 4.56 | +13.7% |
| 1988 | 5.03 | +10.3% |
| 1989 | 2.28 | -54.7% |
| 1990 | 0.7793 | -65.8% |
| 1991 | -1.29 | -265.9% |
| 1992 | 1.29 | -200.2% |
| 1993 | 3.49 | +169.6% |
| 1994 | 4.95 | +41.9% |
| 1995 | 3.53 | -28.7% |
| 1996 | 2.61 | -26.0% |
| 1997 | 4.88 | +86.6% |
| 1998 | 3.25 | -33.5% |
| 1999 | 2.94 | -9.3% |
| 2000 | 4.52 | +53.7% |
| 2001 | 2.39 | -47.2% |
| 2002 | 1.71 | -28.5% |
| 2003 | 3.22 | +88.3% |
| 2004 | 2.33 | -27.7% |
| 2005 | 2.79 | +20.0% |
| 2006 | 2.19 | -21.5% |
| 2007 | 2.93 | +33.8% |
| 2008 | -0.0494 | -101.7% |
| 2009 | -4.59 | +9184.1% |
| 2010 | 2.26 | -149.3% |
| 2011 | 0.8514 | -62.3% |
| 2012 | 1.53 | +79.5% |
| 2013 | 1.72 | +12.4% |
| 2014 | 3.16 | +83.9% |
| 2015 | 2.14 | -32.3% |
| 2016 | 2.21 | +3.1% |
| 2017 | 3.02 | +37.0% |
| 2018 | 1.55 | -48.7% |
| 2019 | 1.26 | -19.0% |
| 2020 | -10.05 | -899.8% |
| 2021 | 8.54 | -185.0% |
| 2022 | 5.15 | -39.7% |
| 2023 | 0.2717 | -94.7% |
| 2024 | 1.13 | +314.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 3.13 | 1.1 | 5.59 | 9 |
| 1970s | 2.46 | -1.68 | 7.31 | 10 |
| 1980s | 2.44 | -2.18 | 5.03 | 10 |
| 1990s | 2.64 | -1.29 | 4.95 | 10 |
| 2000s | 1.74 | -4.59 | 4.52 | 10 |
| 2010s | 1.97 | 0.8514 | 3.16 | 10 |
| 2020s | 1.01 | -10.05 | 8.54 | 5 |
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 US$), annual growth 8.3 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current US$), per unit of GDP 0.9023 current US$ per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current US$), per capita 51,972 current US$ per person (2025)
- 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)
Frequently asked questions
- What is gdp growth in United Kingdom?
- Gdp growth in United Kingdom was 1.13 in 2024, according to UNICEF.
- What is the highest gdp growth recorded in United Kingdom?
- The highest recorded value was 8.54 in 2021.
- What is the lowest gdp growth recorded in United Kingdom?
- The lowest recorded value was -10.05 in 2020.
- How does United Kingdom rank for gdp growth?
- United Kingdom ranks 51st out of 74 countries with data for 2024.
- Is gdp growth rising or falling in United Kingdom?
- Over the last ten years it is down 64.4%. The long-run trend across the full record is volatile.
- Where does this United Kingdom data come from?
- The figures come from UNICEF, published as part of GDP growth (annual %). Statizoid updates them automatically from the source API.
Download this data
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