Gross Domestic Product — Value US$, 2015 prices, annual growth rate in United Kingdom

United Kingdom: Gross Domestic Product — Value US$, 2015 prices, annual growth rate was 1.1 % change on previous year in 2024. ◆ Volatile

Latest (2024)
1.1 % change on previous year
Change on year
up 224.1%
World rank
186th
of 236 countries
All-time high
8.58 % change on previous year
in 2021
All-time low
-10.3 % change on previous year
in 2020
Years of data
54
1971–2024

Gross Domestic Product — Value US$, 2015 prices, annual growth rate in United Kingdom, 1971–2024

-10-50510197119972024

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

The most recent figure for gross domestic product — value us$, 2015 prices, annual growth rate in United Kingdom is 1.1 % change on previous year, measured in 2024.

Compared with earlier readings it is up 224.1% on the previous year and down 65.5% over ten years.

Over the whole period, gross domestic product — value us$, 2015 prices, annual growth rate 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.

That places United Kingdom 186th out of 236 countries with data for 2024, putting it in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Gross Domestic Product — Value US$, 2015 prices, annual growth rate in United Kingdom, year by year

Annual values for Gross Domestic Product — Value US$, 2015 prices, annual growth rate in United Kingdom, 1971 to 2024.
Year % change on previous year Change
1971 3.51 % 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 -297.4%
1977 2.46 % change on previous year -15.5%
1978 4.2 % change on previous year +71.0%
1979 3.75 % change on previous year -10.8%
1980 -2.03 % change on previous year -154.2%
1981 -0.7873 % change on previous year -61.2%
1982 1.99 % change on previous year -353.4%
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 -24.1%
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 0.734 % change on previous year -71.5%
1991 -1.1 % change on previous year -250.3%
1992 0.401 % change on previous year -136.3%
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 +90.7%
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 +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 2.63 % change on previous year +10.3%
2008 -0.2491 % change on previous year -109.5%
2009 -4.62 % change on previous year +1755.2%
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 1.41 % change on previous year -47.1%
2019 1.62 % change on previous year +15.6%
2020 -10.3 % change on previous year -733.9%
2021 8.58 % change on previous year -183.3%
2022 4.84 % change on previous year -43.6%
2023 0.3397 % change on previous year -93.0%
2024 1.1 % change on previous year +224.1%

Biggest year-on-year movements

Years where Gross Domestic Product — Value US$, 2015 prices, 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.

YearChange FromTo
2009 -1755.2% -0.2491 % change on previous year -4.62 % change on previous year
2020 -733.9% 1.62 % change on previous year -10.3 % change on previous year
1993 +520.9% 0.401 % change on previous year 2.49 % change on previous year

Averages by decade

DecadeAverage LowestHighest 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 0.9118 % change on previous year -10.3 % change on previous year 8.58 % change on previous year 5

Countries ranked near United Kingdom

  1. 183 Saint Kitts and Nevis 1.17 % change on previous year compare
  2. 184 France 1.17 % change on previous year compare
  3. 185 Czechia 1.12 % change on previous year compare
  4. 186 United Kingdom of Great Britain and Northern Ireland 1.1 % change on previous year compare
  5. 188 Cook Islands 1.06 % change on previous year compare
  6. 189 Luxembourg 1.03 % change on previous year compare

See the full ranking of 266 places →

More economy & growth data for United Kingdom

All data for United Kingdom →

Frequently asked questions

What is gross domestic product — value us$, 2015 prices, annual growth rate in United Kingdom?
Gross domestic product — value us$, 2015 prices, annual growth rate in United Kingdom was 1.1 % change on previous year in 2024, according to Statizoid (derived).
What is the highest gross domestic product — value us$, 2015 prices, annual growth rate recorded in United Kingdom?
The highest recorded value was 8.58 % change on previous year in 2021.
What is the lowest gross domestic product — value us$, 2015 prices, annual growth rate 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 us$, 2015 prices, annual growth rate?
United Kingdom ranks 186th out of 236 countries with data for 2024.
Is gross domestic product — value us$, 2015 prices, annual growth rate rising or falling in United Kingdom?
Over the last ten years it is down 65.5%. 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 US$, 2015 prices, annual growth rate. Statizoid updates them automatically from the source API.

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Gross Domestic Product — Value US$, 2015 prices, annual growth rate in United Kingdom. Statizoid, drawing on Statizoid (derived). Retrieved 19 September 2026, from https://economy.statizoid.com/stat/gross-domestic-product-value-us-2015-prices-annual-growth-rate/united-kingdom/

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<a href="https://economy.statizoid.com/stat/gross-domestic-product-value-us-2015-prices-annual-growth-rate/united-kingdom/">Gross Domestic Product — Value US$, 2015 prices, annual growth rate in United Kingdom</a> — Statizoid

How this figure is calculated

The year-on-year percentage change in Gross Domestic Product — Value US$, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

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

Indicator
Gross Domestic Product — Value US$, 2015 prices, annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
266 places, 13,306 data points, 1971–2024
Last refreshed

The year-on-year percentage change in Gross Domestic Product — Value US$, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.