Gross domestic product (GDP) in United Kingdom
United Kingdom: Gross domestic product (GDP) was 3.48 trillion international-$ in 2021 prices in 2023. ◆ Volatile
Latest (2023)
3.48 trillion international-$ in 2021 prices
Change on year
up 0.3%
World rank
10th
of 184 countries
All-time high
3.48 trillion international-$ in 2021 prices
in 2023
All-time low
582.73 billion international-$ in 2021 prices
in 1950
Years of data
74
1950–2023
Gross domestic product (GDP) in United Kingdom, 1950–2023
Source: Feenstra et al. – Penn World Table (2025) – with major processing by Our World in Data. Measured in international-$ in 2021 prices.
Analysis
The most recent figure for gross domestic product (gdp) in United Kingdom is 3.48 trillion international-$ in 2021 prices, measured in 2023. That is the highest value across all 74 years on record.
The figure is up 0.3% on the previous year and up 17.8% over ten years.
Over the whole period, gross domestic product (gdp) in United Kingdom peaked at 3.48 trillion international-$ in 2021 prices in 2023 and was at its lowest, 582.73 billion international-$ in 2021 prices, in 1950.
United Kingdom ranks 10th of 184 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Gross domestic product (GDP) in United Kingdom, year by year
| Year | international-$ in 2021 prices | Change |
|---|---|---|
| 1950 | 582.73 billion international-$ in 2021 prices | — |
| 1951 | 601.31 billion international-$ in 2021 prices | +3.2% |
| 1952 | 599.53 billion international-$ in 2021 prices | -0.3% |
| 1953 | 629.89 billion international-$ in 2021 prices | +5.1% |
| 1954 | 653.95 billion international-$ in 2021 prices | +3.8% |
| 1955 | 680.08 billion international-$ in 2021 prices | +4.0% |
| 1956 | 694.46 billion international-$ in 2021 prices | +2.1% |
| 1957 | 707.98 billion international-$ in 2021 prices | +1.9% |
| 1958 | 711.40 billion international-$ in 2021 prices | +0.5% |
| 1959 | 735.43 billion international-$ in 2021 prices | +3.4% |
| 1960 | 770.54 billion international-$ in 2021 prices | +4.8% |
| 1961 | 789.96 billion international-$ in 2021 prices | +2.5% |
| 1962 | 800.27 billion international-$ in 2021 prices | +1.3% |
| 1963 | 831.21 billion international-$ in 2021 prices | +3.9% |
| 1964 | 880.73 billion international-$ in 2021 prices | +6.0% |
| 1965 | 903.89 billion international-$ in 2021 prices | +2.6% |
| 1966 | 923.40 billion international-$ in 2021 prices | +2.2% |
| 1967 | 945.05 billion international-$ in 2021 prices | +2.3% |
| 1968 | 983.44 billion international-$ in 2021 prices | +4.1% |
| 1969 | 1.00 trillion international-$ in 2021 prices | +2.0% |
| 1970 | 1.03 trillion international-$ in 2021 prices | +2.6% |
| 1971 | 1.05 trillion international-$ in 2021 prices | +1.6% |
| 1972 | 1.08 trillion international-$ in 2021 prices | +3.3% |
| 1973 | 1.15 trillion international-$ in 2021 prices | +6.8% |
| 1974 | 1.12 trillion international-$ in 2021 prices | -3.1% |
| 1975 | 1.10 trillion international-$ in 2021 prices | -1.7% |
| 1976 | 1.15 trillion international-$ in 2021 prices | +5.0% |
| 1977 | 1.21 trillion international-$ in 2021 prices | +4.8% |
| 1978 | 1.29 trillion international-$ in 2021 prices | +6.9% |
| 1979 | 1.37 trillion international-$ in 2021 prices | +5.7% |
| 1980 | 1.39 trillion international-$ in 2021 prices | +1.6% |
| 1981 | 1.36 trillion international-$ in 2021 prices | -2.1% |
| 1982 | 1.36 trillion international-$ in 2021 prices | +0.1% |
| 1983 | 1.39 trillion international-$ in 2021 prices | +2.2% |
| 1984 | 1.41 trillion international-$ in 2021 prices | +1.1% |
| 1985 | 1.43 trillion international-$ in 2021 prices | +1.6% |
| 1986 | 1.47 trillion international-$ in 2021 prices | +2.9% |
| 1987 | 1.56 trillion international-$ in 2021 prices | +6.0% |
| 1988 | 1.64 trillion international-$ in 2021 prices | +5.1% |
| 1989 | 1.69 trillion international-$ in 2021 prices | +3.0% |
| 1990 | 1.73 trillion international-$ in 2021 prices | +2.5% |
| 1991 | 1.70 trillion international-$ in 2021 prices | -1.6% |
| 1992 | 1.72 trillion international-$ in 2021 prices | +1.1% |
| 1993 | 1.79 trillion international-$ in 2021 prices | +4.1% |
| 1994 | 1.86 trillion international-$ in 2021 prices | +3.8% |
| 1995 | 2.07 trillion international-$ in 2021 prices | +11.3% |
| 1996 | 2.19 trillion international-$ in 2021 prices | +5.7% |
| 1997 | 2.33 trillion international-$ in 2021 prices | +6.4% |
| 1998 | 2.40 trillion international-$ in 2021 prices | +3.0% |
| 1999 | 2.50 trillion international-$ in 2021 prices | +4.4% |
| 2000 | 2.67 trillion international-$ in 2021 prices | +6.5% |
| 2001 | 2.76 trillion international-$ in 2021 prices | +3.3% |
| 2002 | 2.74 trillion international-$ in 2021 prices | -0.8% |
| 2003 | 2.73 trillion international-$ in 2021 prices | -0.0% |
| 2004 | 2.80 trillion international-$ in 2021 prices | +2.5% |
| 2005 | 2.95 trillion international-$ in 2021 prices | +5.2% |
| 2006 | 2.97 trillion international-$ in 2021 prices | +0.8% |
| 2007 | 2.95 trillion international-$ in 2021 prices | -0.8% |
| 2008 | 2.98 trillion international-$ in 2021 prices | +1.0% |
| 2009 | 2.79 trillion international-$ in 2021 prices | -6.3% |
| 2010 | 2.77 trillion international-$ in 2021 prices | -1.0% |
| 2011 | 2.80 trillion international-$ in 2021 prices | +1.3% |
| 2012 | 2.87 trillion international-$ in 2021 prices | +2.5% |
| 2013 | 2.95 trillion international-$ in 2021 prices | +2.8% |
| 2014 | 2.97 trillion international-$ in 2021 prices | +0.5% |
| 2015 | 3.08 trillion international-$ in 2021 prices | +3.7% |
| 2016 | 3.11 trillion international-$ in 2021 prices | +0.9% |
| 2017 | 3.26 trillion international-$ in 2021 prices | +5.0% |
| 2018 | 3.22 trillion international-$ in 2021 prices | -1.1% |
| 2019 | 3.36 trillion international-$ in 2021 prices | +4.1% |
| 2020 | 3.18 trillion international-$ in 2021 prices | -5.3% |
| 2021 | 3.33 trillion international-$ in 2021 prices | +4.7% |
| 2022 | 3.47 trillion international-$ in 2021 prices | +4.3% |
| 2023 | 3.48 trillion international-$ in 2021 prices | +0.3% |
United Kingdom compared with similar countries
- United Kingdom's 3.48 trillion international-$ in 2021 prices is above the median for high income countries, which is 277.84 billion international-$ in 2021 prices, 12.5× the median. (66 countries reporting)
- United Kingdom's 3.48 trillion international-$ in 2021 prices is above the median for Europe & Central Asia, which is 314.74 billion international-$ in 2021 prices, 11.1× the median. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1950s | 659.67 billion international-$ in 2021 prices | 582.73 billion international-$ in 2021 prices | 735.43 billion international-$ in 2021 prices | 10 |
| 1960s | 883.11 billion international-$ in 2021 prices | 770.54 billion international-$ in 2021 prices | 1.00 trillion international-$ in 2021 prices | 10 |
| 1970s | 1.16 trillion international-$ in 2021 prices | 1.03 trillion international-$ in 2021 prices | 1.37 trillion international-$ in 2021 prices | 10 |
| 1980s | 1.47 trillion international-$ in 2021 prices | 1.36 trillion international-$ in 2021 prices | 1.69 trillion international-$ in 2021 prices | 10 |
| 1990s | 2.03 trillion international-$ in 2021 prices | 1.70 trillion international-$ in 2021 prices | 2.50 trillion international-$ in 2021 prices | 10 |
| 2000s | 2.83 trillion international-$ in 2021 prices | 2.67 trillion international-$ in 2021 prices | 2.98 trillion international-$ in 2021 prices | 10 |
| 2010s | 3.04 trillion international-$ in 2021 prices | 2.77 trillion international-$ in 2021 prices | 3.36 trillion international-$ in 2021 prices | 10 |
| 2020s | 3.37 trillion international-$ in 2021 prices | 3.18 trillion international-$ in 2021 prices | 3.48 trillion international-$ in 2021 prices | 4 |
Countries ranked near United Kingdom
- 7 Brazil 3.95 trillion international-$ in 2021 prices compare
- 8 Indonesia 3.92 trillion international-$ in 2021 prices compare
- 9 France 3.53 trillion international-$ in 2021 prices compare
- 11 Turkey 3.12 trillion international-$ in 2021 prices compare
- 12 Italy 3.00 trillion international-$ in 2021 prices compare
- 13 South Korea 2.91 trillion international-$ in 2021 prices compare
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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 86.93 billion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0217 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 1,251 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 76.63 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual 691.49 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0191 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 1,103 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 22.77 % change on previous year (2025)
Frequently asked questions
- What is gross domestic product (gdp) in United Kingdom?
- Gross domestic product (gdp) in United Kingdom was 3.48 trillion international-$ in 2021 prices in 2023, according to Feenstra et al. – Penn World Table (2025) – with major processing by Our World in Data.
- What is the highest gross domestic product (gdp) recorded in United Kingdom?
- The highest recorded value was 3.48 trillion international-$ in 2021 prices in 2023.
- What is the lowest gross domestic product (gdp) recorded in United Kingdom?
- The lowest recorded value was 582.73 billion international-$ in 2021 prices in 1950.
- How does United Kingdom rank for gross domestic product (gdp)?
- United Kingdom ranks 10th out of 184 countries with data for 2023.
- Is gross domestic product (gdp) rising or falling in United Kingdom?
- Over the last ten years it is up 17.8%. The long-run trend across the full record is volatile.
- Where does this United Kingdom data come from?
- The figures come from Feenstra et al. – Penn World Table (2025) – with major processing by Our World in Data, published as part of Gross domestic product (GDP). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 74 observations, free to reuse under CC BY 4.0 (Our World in Data).
About this data
Total economic output of a country or region per year. This data is adjusted for inflation and differences in living costs between countries.