GNI growth in United Kingdom
United Kingdom: GNI growth was 2.9% in 2024. ◆ Volatile
GNI growth in United Kingdom, 1971–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in annual %.
Analysis
United Kingdom recorded 2.9% for gni growth in 2024.
The figure is up 322.3% on the previous year and down 22.1% over ten years.
Over the whole period, gni growth in United Kingdom peaked at 10.9% in 2021 and was at its lowest, -11.1%, in 2020.
United Kingdom ranks 90th of 163 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.
GNI growth in United Kingdom, year by year
| Year | annual % | Change |
|---|---|---|
| 1971 | 2.1% | — |
| 1972 | 3.2% | +51.7% |
| 1973 | 5.3% | +64.7% |
| 1974 | -4.6% | -186.3% |
| 1975 | 1.2% | -127.0% |
| 1976 | 2.7% | +121.4% |
| 1977 | 2.7% | -3.2% |
| 1978 | 4.4% | +65.2% |
| 1979 | 2.4% | -45.8% |
| 1980 | -1.3% | -156.3% |
| 1981 | -1.0% | -25.1% |
| 1982 | 1.7% | -265.9% |
| 1983 | 3.8% | +125.5% |
| 1984 | 2.2% | -42.0% |
| 1985 | 3.8% | +75.8% |
| 1986 | 3.1% | -19.3% |
| 1987 | 4.4% | +41.7% |
| 1988 | 4.9% | +11.0% |
| 1989 | 2.2% | -54.7% |
| 1990 | 1.4% | -37.0% |
| 1991 | -0.7% | -149.8% |
| 1992 | 1.6% | -329.3% |
| 1993 | 3.5% | +122.3% |
| 1994 | 5.0% | +42.2% |
| 1995 | 2.8% | -44.5% |
| 1996 | 2.8% | +1.6% |
| 1997 | 4.4% | +56.0% |
| 1998 | 3.7% | -16.2% |
| 1999 | 2.5% | -31.9% |
| 2000 | 4.7% | +88.3% |
| 2001 | 3.0% | -36.4% |
| 2002 | 2.6% | -14.5% |
| 2003 | 3.5% | +34.9% |
| 2004 | 2.3% | -33.0% |
| 2005 | 3.2% | +35.8% |
| 2006 | 0.6% | -82.1% |
| 2007 | 2.5% | +343.8% |
| 2008 | -1.2% | -149.9% |
| 2009 | -3.5% | +178.7% |
| 2010 | 3.4% | -198.6% |
| 2011 | 0.8% | -75.4% |
| 2012 | 0.5% | -42.1% |
| 2013 | 1.3% | +165.9% |
| 2014 | 3.7% | +187.2% |
| 2015 | 2.5% | -33.3% |
| 2016 | 1.9% | -23.5% |
| 2017 | 3.9% | +102.7% |
| 2018 | 1.2% | -69.4% |
| 2019 | 2.9% | +145.2% |
| 2020 | -11.1% | -483.4% |
| 2021 | 10.9% | -197.8% |
| 2022 | 3.7% | -66.3% |
| 2023 | -1.3% | -135.7% |
| 2024 | 2.9% | -322.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 2.2% | -4.6% | 5.3% | 9 |
| 1980s | 2.4% | -1.3% | 4.9% | 10 |
| 1990s | 2.7% | -0.7% | 5.0% | 10 |
| 2000s | 1.8% | -3.5% | 4.7% | 10 |
| 2010s | 2.2% | 0.5% | 3.9% | 10 |
| 2020s | 1.0% | -11.1% | 10.9% | 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 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)
- Gross value added at basic prices (GVA) (constant 2015 US$), per 43,524 constant 2015 US$ per person (2025)
- Gross value added at basic prices (GVA) (constant LCU), annual growth 1.41 % change on previous year (2025)
- Gross value added at basic prices (GVA) (constant LCU), per unit of 0.5615 constant LCU per US$ of GDP (2025)
Frequently asked questions
- What is gni growth in United Kingdom?
- Gni growth in United Kingdom was 2.9% in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gni growth recorded in United Kingdom?
- The highest recorded value was 10.9% in 2021.
- What is the lowest gni growth recorded in United Kingdom?
- The lowest recorded value was -11.1% in 2020.
- How does United Kingdom rank for gni growth?
- United Kingdom ranks 90th out of 163 countries with data for 2024.
- Is gni growth rising or falling in United Kingdom?
- Over the last ten years it is down 22.1%. The long-run trend across the full record is volatile.
- Where does this United Kingdom data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of GNI growth (annual %). Statizoid updates them automatically from the source API.
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About this data
Gross national income is the total income earned by all residents within an economic territory during an accounting period. It is equal to gross domestic product plus earned income receivable from abroad minus earned income payable abroad. This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.