Gross Domestic Product, GDP in millions constant 2021 international $ in United Kingdom
United Kingdom: Gross Domestic Product, GDP in millions constant 2021 international $ was 1.54 % change on previous year in 2027. ◆ Volatile
Gross Domestic Product, GDP in millions constant 2021 international $ in United Kingdom, 1992–2027
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for gross domestic product, gdp in millions constant 2021 international $ in United Kingdom is 1.54 % change on previous year, measured in 2027.
The figure is up 21.9% on the previous year and down 42.0% over ten years.
Over the whole period, gross domestic product, gdp in millions constant 2021 international $ in United Kingdom peaked at 8.58 % change on previous year in 2021 and was at its lowest, -10.3 % change on previous year, in 2020.
United Kingdom ranks 167th of 189 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Domestic Product, GDP in millions constant 2021 international $ in United Kingdom, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1992 | 0.4011 % change on previous year | — |
| 1993 | 2.49 % change on previous year | +520.9% |
| 1994 | 3.85 % change on previous year | +54.5% |
| 1995 | 2.53 % change on previous year | -34.2% |
| 1996 | 2.58 % change on previous year | +2.0% |
| 1997 | 4.92 % change on previous year | +90.8% |
| 1998 | 3.4 % change on previous year | -30.9% |
| 1999 | 3.06 % change on previous year | -10.1% |
| 2000 | 4.34 % change on previous year | +42.0% |
| 2001 | 2.57 % change on previous year | -40.7% |
| 2002 | 1.8 % change on previous year | -30.2% |
| 2003 | 3.15 % change on previous year | +75.6% |
| 2004 | 2.46 % change on previous year | -22.0% |
| 2005 | 2.73 % change on previous year | +11.2% |
| 2006 | 2.38 % change on previous year | -12.9% |
| 2007 | 2.62 % change on previous year | +10.3% |
| 2008 | -0.2489 % change on previous year | -109.5% |
| 2009 | -4.62 % change on previous year | +1756.7% |
| 2010 | 2.23 % change on previous year | -148.3% |
| 2011 | 1.14 % change on previous year | -49.0% |
| 2012 | 1.51 % change on previous year | +32.6% |
| 2013 | 1.8 % change on previous year | +19.3% |
| 2014 | 3.19 % change on previous year | +77.5% |
| 2015 | 2.22 % change on previous year | -30.4% |
| 2016 | 1.92 % change on previous year | -13.6% |
| 2017 | 2.66 % change on previous year | +38.2% |
| 2018 | 1.41 % change on previous year | -47.1% |
| 2019 | 1.62 % change on previous year | +15.6% |
| 2020 | -10.3 % change on previous year | -733.8% |
| 2021 | 8.58 % change on previous year | -183.3% |
| 2022 | 4.84 % change on previous year | -43.6% |
| 2023 | 0.397 % change on previous year | -91.8% |
| 2024 | 1.1 % change on previous year | +177.3% |
| 2025 | 1.31 % change on previous year | +18.8% |
| 2026 | 1.26 % change on previous year | -3.4% |
| 2027 | 1.54 % change on previous year | +21.9% |
United Kingdom compared with similar countries
- United Kingdom's 1.54 % change on previous year is below the median for high income countries, which is 2.26 % change on previous year, 68% of the median. (62 countries reporting)
- United Kingdom's 1.54 % change on previous year is below the median for Europe & Central Asia, which is 2.39 % change on previous year, 64% of the median. (48 countries reporting)
Biggest year-on-year movements
Years where Gross Domestic Product, GDP in millions constant 2021 international $ 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 |
|---|---|---|---|
| 2009 | -1756.7% | -0.2489 % change on previous year | -4.62 % change on previous year |
| 2020 | -733.8% | 1.62 % change on previous year | -10.3 % change on previous year |
| 1993 | +520.9% | 0.4011 % change on previous year | 2.49 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 2.9 % change on previous year | 0.4011 % change on previous year | 4.92 % change on previous year | 8 |
| 2000s | 1.72 % change on previous year | -4.62 % change on previous year | 4.34 % change on previous year | 10 |
| 2010s | 1.97 % change on previous year | 1.14 % change on previous year | 3.19 % change on previous year | 10 |
| 2020s | 1.09 % change on previous year | -10.3 % change on previous year | 8.58 % change on previous year | 8 |
Countries ranked near United Kingdom
- 164 Austria 1.56 % change on previous year compare
- 165 Norway 1.56 % change on previous year compare
- 166 Jamaica 1.55 % change on previous year compare
- 168 South Africa 1.51 % change on previous year compare
- 169 Greece 1.47 % change on previous year compare
- 170 Germany 1.47 % 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 in millions constant 2021 international $ in United Kingdom?
- Gross domestic product, gdp in millions constant 2021 international $ in United Kingdom was 1.54 % change on previous year in 2027, according to Statizoid (derived).
- What is the highest gross domestic product, gdp in millions constant 2021 international $ recorded in United Kingdom?
- The highest recorded value was 8.58 % change on previous year in 2021.
- What is the lowest gross domestic product, gdp in millions constant 2021 international $ recorded in United Kingdom?
- The lowest recorded value was -10.3 % change on previous year in 2020.
- How does United Kingdom rank for gross domestic product, gdp in millions constant 2021 international $?
- United Kingdom ranks 167th out of 189 countries with data for 2027.
- Is gross domestic product, gdp in millions constant 2021 international $ rising or falling in United Kingdom?
- Over the last ten years it is down 42.0%. 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 in millions constant 2021 international $ at PPP (ILO modelled estimates), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
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How this figure is calculated
The year-on-year percentage change in Gross Domestic Product, GDP in millions constant 2021 international $ at PPP (ILO modelled estimates). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross Domestic Product, GDP in millions constant 2021 international $ International Labour Organization
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 in millions constant 2021 international $ at PPP (ILO modelled estimates). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.