Gross Domestic Product — Value Standard Local Currency in United Kingdom
United Kingdom: Gross Domestic Product — Value Standard Local Currency was 2.86 million million SLC in 2024. ◆ Volatile
Gross Domestic Product — Value Standard Local Currency in United Kingdom, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
The most recent figure for gross domestic product — value standard local currency in United Kingdom is 2.86 million million SLC, measured in 2024. That is the highest value across all 55 years on record.
That represents a change of up 5.2% on the previous year and up 53.6% over ten years.
Over the whole period, gross domestic product — value standard local currency in United Kingdom peaked at 2.86 million million SLC in 2024 and was at its lowest, 54,451 million SLC, in 1970.
That places United Kingdom 84th out of 218 countries with data for 2024, 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 — Value Standard Local Currency in United Kingdom, year by year
| Year | million SLC | Change |
|---|---|---|
| 1970 | 54,451 million SLC | — |
| 1971 | 60,860 million SLC | +11.8% |
| 1972 | 68,054 million SLC | +11.8% |
| 1973 | 78,594 million SLC | +15.5% |
| 1974 | 88,183 million SLC | +12.2% |
| 1975 | 109,274 million SLC | +23.9% |
| 1976 | 129,450 million SLC | +18.5% |
| 1977 | 150,816 million SLC | +16.5% |
| 1978 | 175,163 million SLC | +16.1% |
| 1979 | 207,293 million SLC | +18.3% |
| 1980 | 243,097 million SLC | +17.3% |
| 1981 | 269,085 million SLC | +10.7% |
| 1982 | 294,814 million SLC | +9.6% |
| 1983 | 323,001 million SLC | +9.6% |
| 1984 | 346,946 million SLC | +7.4% |
| 1985 | 381,251 million SLC | +9.9% |
| 1986 | 410,311 million SLC | +7.6% |
| 1987 | 455,965 million SLC | +11.1% |
| 1988 | 511,671 million SLC | +12.2% |
| 1989 | 566,512 million SLC | +10.7% |
| 1990 | 615,673 million SLC | +8.7% |
| 1991 | 647,966 million SLC | +5.2% |
| 1992 | 672,170 million SLC | +3.7% |
| 1993 | 707,734 million SLC | +5.3% |
| 1994 | 745,196 million SLC | +5.3% |
| 1995 | 851,845 million SLC | +14.3% |
| 1996 | 909,993 million SLC | +6.8% |
| 1997 | 953,405 million SLC | +4.8% |
| 1998 | 998,501 million SLC | +4.7% |
| 1999 | 1.04 million million SLC | +4.5% |
| 2000 | 1.10 million million SLC | +5.5% |
| 2001 | 1.15 million million SLC | +4.1% |
| 2002 | 1.19 million million SLC | +4.0% |
| 2003 | 1.26 million million SLC | +5.6% |
| 2004 | 1.32 million million SLC | +5.1% |
| 2005 | 1.40 million million SLC | +5.8% |
| 2006 | 1.47 million million SLC | +5.2% |
| 2007 | 1.54 million million SLC | +4.9% |
| 2008 | 1.59 million million SLC | +3.2% |
| 2009 | 1.55 million million SLC | -2.8% |
| 2010 | 1.61 million million SLC | +3.9% |
| 2011 | 1.66 million million SLC | +3.4% |
| 2012 | 1.71 million million SLC | +3.1% |
| 2013 | 1.78 million million SLC | +3.9% |
| 2014 | 1.86 million million SLC | +4.6% |
| 2015 | 1.92 million million SLC | +2.9% |
| 2016 | 1.99 million million SLC | +3.9% |
| 2017 | 2.08 million million SLC | +4.6% |
| 2018 | 2.15 million million SLC | +3.4% |
| 2019 | 2.23 million million SLC | +3.8% |
| 2020 | 2.10 million million SLC | -5.8% |
| 2021 | 2.29 million million SLC | +8.6% |
| 2022 | 2.53 million million SLC | +10.5% |
| 2023 | 2.72 million million SLC | +7.7% |
| 2024 | 2.86 million million SLC | +5.2% |
United Kingdom compared with similar countries
- United Kingdom's 2.86 million million SLC is above the median for high income countries, which is 257,567 million SLC, 11.1× the median. (72 countries reporting)
- United Kingdom's 2.86 million million SLC is above the median for Europe & Central Asia, which is 507,692 million SLC, 5.6× the median. (52 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 112,214 million SLC | 54,451 million SLC | 207,293 million SLC | 10 |
| 1980s | 380,265 million SLC | 243,097 million SLC | 566,512 million SLC | 10 |
| 1990s | 814,573 million SLC | 615,673 million SLC | 1.04 million million SLC | 10 |
| 2000s | 1.36 million million SLC | 1.10 million million SLC | 1.59 million million SLC | 10 |
| 2010s | 1.90 million million SLC | 1.61 million million SLC | 2.23 million million SLC | 10 |
| 2020s | 2.50 million million SLC | 2.10 million million SLC | 2.86 million million SLC | 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)
- 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 in United Kingdom?
- Gross domestic product — value standard local currency in United Kingdom was 2.86 million million SLC in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross domestic product — value standard local currency recorded in United Kingdom?
- The highest recorded value was 2.86 million million SLC in 2024.
- What is the lowest gross domestic product — value standard local currency recorded in United Kingdom?
- The lowest recorded value was 54,451 million SLC in 1970.
- How does United Kingdom rank for gross domestic product — value standard local currency?
- United Kingdom ranks 84th out of 218 countries with data for 2024.
- Is gross domestic product — value standard local currency rising or falling in United Kingdom?
- Over the last ten years it is up 53.6%. The long-run trend across the full record is volatile.
- Where does this United Kingdom data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Gross Domestic Product — Value Standard Local Currency. Statizoid updates them automatically from the source API.
Download this data
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About this data
The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).