Gross Domestic Product — Value Standard Local Currency, 2015 prices in United Kingdom
United Kingdom: Gross Domestic Product — Value Standard Local Currency, 2015 prices was 1.1 % change on previous year in 2024. ◆ Volatile
Gross Domestic Product — Value Standard Local Currency, 2015 prices in United Kingdom, 1971–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
United Kingdom recorded 1.1 % change on previous year for gross domestic product — value standard local currency, 2015 prices in 2024.
The figure is up 223.9% on the previous year and down 65.6% over ten years.
Over the whole period, gross domestic product — value standard local currency, 2015 prices 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 175th of 223 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 — Value Standard Local Currency, 2015 prices in United Kingdom, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 3.5 % change on previous year | — |
| 1972 | 4.32 % change on previous year | +23.3% |
| 1973 | 6.52 % change on previous year | +51.0% |
| 1974 | -2.48 % change on previous year | -138.1% |
| 1975 | -1.47 % change on previous year | -40.7% |
| 1976 | 2.91 % change on previous year | -297.5% |
| 1977 | 2.46 % change on previous year | -15.6% |
| 1978 | 4.2 % change on previous year | +71.1% |
| 1979 | 3.75 % change on previous year | -10.8% |
| 1980 | -2.03 % change on previous year | -154.2% |
| 1981 | -0.7877 % change on previous year | -61.2% |
| 1982 | 1.99 % change on previous year | -353.2% |
| 1983 | 4.22 % change on previous year | +111.6% |
| 1984 | 2.27 % change on previous year | -46.3% |
| 1985 | 4.15 % change on previous year | +82.8% |
| 1986 | 3.15 % change on previous year | -24.0% |
| 1987 | 5.39 % change on previous year | +71.2% |
| 1988 | 5.73 % change on previous year | +6.3% |
| 1989 | 2.58 % change on previous year | -55.0% |
| 1990 | 0.7331 % change on previous year | -71.6% |
| 1991 | -1.1 % change on previous year | -250.4% |
| 1992 | 0.4012 % change on previous year | -136.4% |
| 1993 | 2.49 % change on previous year | +520.6% |
| 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 | +90.7% |
| 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 | +41.9% |
| 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 | -0.2484 % change on previous year | -109.5% |
| 2009 | -4.62 % change on previous year | +1759.8% |
| 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 | +32.5% |
| 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 | -13.5% |
| 2017 | 2.66 % change on previous year | +38.2% |
| 2018 | 1.4 % change on previous year | -47.1% |
| 2019 | 1.62 % change on previous year | +15.7% |
| 2020 | -10.3 % change on previous year | -733.7% |
| 2021 | 8.58 % change on previous year | -183.3% |
| 2022 | 4.84 % change on previous year | -43.6% |
| 2023 | 0.3398 % change on previous year | -93.0% |
| 2024 | 1.1 % change on previous year | +223.9% |
Biggest year-on-year movements
Years where Gross Domestic Product — Value Standard Local Currency, 2015 prices 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 | -1759.8% | -0.2484 % change on previous year | -4.62 % change on previous year |
| 2020 | -733.7% | 1.62 % change on previous year | -10.3 % change on previous year |
| 1993 | +520.6% | 0.4012 % change on previous year | 2.49 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 2.63 % change on previous year | -2.48 % change on previous year | 6.52 % change on previous year | 9 |
| 1980s | 2.67 % change on previous year | -2.03 % change on previous year | 5.73 % change on previous year | 10 |
| 1990s | 2.29 % change on previous year | -1.1 % change on previous year | 4.92 % change on previous year | 10 |
| 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 | 0.9117 % change on previous year | -10.3 % change on previous year | 8.58 % change on previous year | 5 |
Countries ranked near United Kingdom
- 172 Saint Kitts and Nevis 1.17 % change on previous year compare
- 173 France 1.17 % change on previous year compare
- 174 Czechia 1.12 % change on previous year compare
- 175 United Kingdom of Great Britain and Northern Ireland 1.1 % change on previous year compare
- 177 Cook Islands 1.06 % change on previous year compare
- 178 Luxembourg 1.03 % 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 — value standard local currency, 2015 prices in United Kingdom?
- Gross domestic product — value standard local currency, 2015 prices in United Kingdom was 1.1 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gross domestic product — value standard local currency, 2015 prices recorded in United Kingdom?
- The highest recorded value was 8.58 % change on previous year in 2021.
- What is the lowest gross domestic product — value standard local currency, 2015 prices 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 — value standard local currency, 2015 prices?
- United Kingdom ranks 175th out of 223 countries with data for 2024.
- Is gross domestic product — value standard local currency, 2015 prices rising or falling in United Kingdom?
- Over the last ten years it is down 65.6%. 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 — Value Standard Local Currency, 2015 prices, annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 54 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 — Value Standard Local Currency, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross Domestic Product — Value Standard Local Currency, 2015 prices Food and Agriculture Organization of the United Nations
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 — Value Standard Local Currency, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.