Gross domestic product (GDP), annual growth rate in United Kingdom
United Kingdom: Gross domestic product (GDP), annual growth rate was 0.2756 % change on previous year in 2023. ◆ Volatile
Latest (2023)
0.2756 % change on previous year
Change on year
down 93.6%
World rank
135th
of 184 countries
All-time high
11.26 % change on previous year
in 1995
All-time low
-6.27 % change on previous year
in 2009
Years of data
73
1951–2023
Gross domestic product (GDP), annual growth rate in United Kingdom, 1951–2023
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for gross domestic product (gdp), annual growth rate in United Kingdom is 0.2756 % change on previous year, measured in 2023.
That represents a change of down 93.6% on the previous year and down 90.3% over ten years.
Over the whole period, gross domestic product (gdp), annual growth rate in United Kingdom peaked at 11.26 % change on previous year in 1995 and was at its lowest, -6.27 % change on previous year, in 2009.
That places United Kingdom 135th out of 184 countries with data for 2023, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross domestic product (GDP), annual growth rate in United Kingdom, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1951 | 3.19 % change on previous year | — |
| 1952 | -0.2964 % change on previous year | -109.3% |
| 1953 | 5.06 % change on previous year | -1808.5% |
| 1954 | 3.82 % change on previous year | -24.6% |
| 1955 | 4 % change on previous year | +4.6% |
| 1956 | 2.12 % change on previous year | -47.1% |
| 1957 | 1.95 % change on previous year | -8.0% |
| 1958 | 0.4826 % change on previous year | -75.2% |
| 1959 | 3.38 % change on previous year | +600.0% |
| 1960 | 4.77 % change on previous year | +41.3% |
| 1961 | 2.52 % change on previous year | -47.2% |
| 1962 | 1.31 % change on previous year | -48.2% |
| 1963 | 3.87 % change on previous year | +196.2% |
| 1964 | 5.96 % change on previous year | +54.1% |
| 1965 | 2.63 % change on previous year | -55.8% |
| 1966 | 2.16 % change on previous year | -18.0% |
| 1967 | 2.35 % change on previous year | +8.7% |
| 1968 | 4.06 % change on previous year | +73.2% |
| 1969 | 1.95 % change on previous year | -51.9% |
| 1970 | 2.63 % change on previous year | +34.7% |
| 1971 | 1.65 % change on previous year | -37.4% |
| 1972 | 3.34 % change on previous year | +102.9% |
| 1973 | 6.82 % change on previous year | +104.4% |
| 1974 | -3.11 % change on previous year | -145.6% |
| 1975 | -1.69 % change on previous year | -45.7% |
| 1976 | 4.96 % change on previous year | -393.8% |
| 1977 | 4.79 % change on previous year | -3.4% |
| 1978 | 6.85 % change on previous year | +43.1% |
| 1979 | 5.73 % change on previous year | -16.3% |
| 1980 | 1.56 % change on previous year | -72.7% |
| 1981 | -2.07 % change on previous year | -232.1% |
| 1982 | 0.0603 % change on previous year | -102.9% |
| 1983 | 2.2 % change on previous year | +3552.7% |
| 1984 | 1.12 % change on previous year | -49.0% |
| 1985 | 1.62 % change on previous year | +44.3% |
| 1986 | 2.93 % change on previous year | +80.4% |
| 1987 | 5.99 % change on previous year | +104.7% |
| 1988 | 5.14 % change on previous year | -14.1% |
| 1989 | 3.04 % change on previous year | -40.9% |
| 1990 | 2.54 % change on previous year | -16.6% |
| 1991 | -1.58 % change on previous year | -162.2% |
| 1992 | 1.13 % change on previous year | -171.7% |
| 1993 | 4.12 % change on previous year | +264.5% |
| 1994 | 3.77 % change on previous year | -8.5% |
| 1995 | 11.26 % change on previous year | +198.7% |
| 1996 | 5.68 % change on previous year | -49.6% |
| 1997 | 6.38 % change on previous year | +12.2% |
| 1998 | 3 % change on previous year | -53.0% |
| 1999 | 4.43 % change on previous year | +47.6% |
| 2000 | 6.54 % change on previous year | +47.8% |
| 2001 | 3.33 % change on previous year | -49.2% |
| 2002 | -0.7911 % change on previous year | -123.8% |
| 2003 | -0.0241 % change on previous year | -96.9% |
| 2004 | 2.51 % change on previous year | -10516.2% |
| 2005 | 5.21 % change on previous year | +107.2% |
| 2006 | 0.8144 % change on previous year | -84.4% |
| 2007 | -0.8472 % change on previous year | -204.0% |
| 2008 | 1.03 % change on previous year | -221.5% |
| 2009 | -6.27 % change on previous year | -708.6% |
| 2010 | -0.9621 % change on previous year | -84.6% |
| 2011 | 1.31 % change on previous year | -235.7% |
| 2012 | 2.55 % change on previous year | +95.1% |
| 2013 | 2.85 % change on previous year | +11.7% |
| 2014 | 0.5331 % change on previous year | -81.3% |
| 2015 | 3.66 % change on previous year | +585.8% |
| 2016 | 0.9098 % change on previous year | -75.1% |
| 2017 | 4.97 % change on previous year | +446.7% |
| 2018 | -1.13 % change on previous year | -122.8% |
| 2019 | 4.09 % change on previous year | -460.8% |
| 2020 | -5.27 % change on previous year | -229.0% |
| 2021 | 4.7 % change on previous year | -189.3% |
| 2022 | 4.31 % change on previous year | -8.5% |
| 2023 | 0.2756 % change on previous year | -93.6% |
Biggest year-on-year movements
Years where Gross domestic product (GDP), annual growth rate in United Kingdom changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2004 | +10516.2% | -0.0241 % change on previous year | 2.51 % change on previous year |
| 1983 | +3552.7% | 0.0603 % change on previous year | 2.2 % change on previous year |
| 1953 | +1808.5% | -0.2964 % change on previous year | 5.06 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1950s | 2.63 % change on previous year | -0.2964 % change on previous year | 5.06 % change on previous year | 9 |
| 1960s | 3.16 % change on previous year | 1.31 % change on previous year | 5.96 % change on previous year | 10 |
| 1970s | 3.2 % change on previous year | -3.11 % change on previous year | 6.85 % change on previous year | 10 |
| 1980s | 2.16 % change on previous year | -2.07 % change on previous year | 5.99 % change on previous year | 10 |
| 1990s | 4.07 % change on previous year | -1.58 % change on previous year | 11.26 % change on previous year | 10 |
| 2000s | 1.15 % change on previous year | -6.27 % change on previous year | 6.54 % change on previous year | 10 |
| 2010s | 1.88 % change on previous year | -1.13 % change on previous year | 4.97 % change on previous year | 10 |
| 2020s | 1 % change on previous year | -5.27 % change on previous year | 4.7 % change on previous year | 4 |
Countries ranked near United Kingdom
- 132 Chad 0.3932 % change on previous year compare
- 133 Pakistan 0.3616 % change on previous year compare
- 134 Sweden 0.2948 % change on previous year compare
- 136 Maldives 0.214 % change on previous year compare
- 137 Syria 0.14 % change on previous year compare
- 138 Ecuador 0.1397 % change on previous year 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), annual growth rate in United Kingdom?
- Gross domestic product (gdp), annual growth rate in United Kingdom was 0.2756 % change on previous year in 2023, according to Statizoid (derived).
- What is the highest gross domestic product (gdp), annual growth rate recorded in United Kingdom?
- The highest recorded value was 11.26 % change on previous year in 1995.
- What is the lowest gross domestic product (gdp), annual growth rate recorded in United Kingdom?
- The lowest recorded value was -6.27 % change on previous year in 2009.
- How does United Kingdom rank for gross domestic product (gdp), annual growth rate?
- United Kingdom ranks 135th out of 184 countries with data for 2023.
- Is gross domestic product (gdp), annual growth rate rising or falling in United Kingdom?
- Over the last ten years it is down 90.3%. The long-run trend across the full record is volatile.
- Where does this United Kingdom data come from?
- The figures come from Statizoid (derived), published as part of Gross domestic product (GDP), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 73 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Gross domestic product (GDP). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross domestic product (GDP) Feenstra et al. – Penn World Table (2025) – with major processing by Our World in Data
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Gross domestic product (GDP). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.