Gross National Income — Value Standard Local Currency in United Kingdom
United Kingdom: Gross National Income — Value Standard Local Currency was 2.70 million million SLC in 2023. ◆ Volatile
Gross National Income — Value Standard Local Currency in United Kingdom, 1970–2023
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
United Kingdom recorded 2.70 million million SLC for gross national income — value standard local currency in 2023. That is the highest value across all 54 years on record.
The figure is up 6.4% on the previous year and up 54.4% over ten years.
Over the whole period, gross national income — value standard local currency in United Kingdom peaked at 2.70 million million SLC in 2023 and was at its lowest, 59,099 million SLC, in 1970.
That places United Kingdom 90th out of 231 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 National Income — Value Standard Local Currency in United Kingdom, year by year
| Year | million SLC | Change |
|---|---|---|
| 1970 | 59,099 million SLC | — |
| 1971 | 65,784 million SLC | +11.3% |
| 1972 | 73,521 million SLC | +11.8% |
| 1973 | 85,070 million SLC | +15.7% |
| 1974 | 96,320 million SLC | +13.2% |
| 1975 | 120,676 million SLC | +25.3% |
| 1976 | 142,975 million SLC | +18.5% |
| 1977 | 164,263 million SLC | +14.9% |
| 1978 | 190,017 million SLC | +15.7% |
| 1979 | 222,547 million SLC | +17.1% |
| 1980 | 258,714 million SLC | +16.3% |
| 1981 | 284,602 million SLC | +10.0% |
| 1982 | 311,070 million SLC | +9.3% |
| 1983 | 342,227 million SLC | +10.0% |
| 1984 | 367,968 million SLC | +7.5% |
| 1985 | 399,553 million SLC | +8.6% |
| 1986 | 431,860 million SLC | +8.1% |
| 1987 | 475,857 million SLC | +10.2% |
| 1988 | 532,432 million SLC | +11.9% |
| 1989 | 582,465 million SLC | +9.4% |
| 1990 | 629,395 million SLC | +8.1% |
| 1991 | 664,120 million SLC | +5.5% |
| 1992 | 696,944 million SLC | +4.9% |
| 1993 | 733,270 million SLC | +5.2% |
| 1994 | 784,853 million SLC | +7.0% |
| 1995 | 827,648 million SLC | +5.5% |
| 1996 | 881,735 million SLC | +6.5% |
| 1997 | 939,561 million SLC | +6.6% |
| 1998 | 1.00 million million SLC | +6.8% |
| 1999 | 1.04 million million SLC | +3.6% |
| 2000 | 1.10 million million SLC | +6.2% |
| 2001 | 1.15 million million SLC | +4.4% |
| 2002 | 1.21 million million SLC | +4.6% |
| 2003 | 1.27 million million SLC | +5.6% |
| 2004 | 1.33 million million SLC | +4.8% |
| 2005 | 1.41 million million SLC | +6.0% |
| 2006 | 1.47 million million SLC | +3.7% |
| 2007 | 1.53 million million SLC | +4.4% |
| 2008 | 1.57 million million SLC | +2.7% |
| 2009 | 1.54 million million SLC | -2.3% |
| 2010 | 1.61 million million SLC | +4.8% |
| 2011 | 1.67 million million SLC | +3.7% |
| 2012 | 1.70 million million SLC | +1.7% |
| 2013 | 1.75 million million SLC | +3.1% |
| 2014 | 1.83 million million SLC | +4.5% |
| 2015 | 1.87 million million SLC | +2.5% |
| 2016 | 1.94 million million SLC | +3.7% |
| 2017 | 2.06 million million SLC | +5.9% |
| 2018 | 2.12 million million SLC | +3.1% |
| 2019 | 2.23 million million SLC | +5.1% |
| 2020 | 2.06 million million SLC | -7.8% |
| 2021 | 2.30 million million SLC | +11.7% |
| 2022 | 2.54 million million SLC | +10.5% |
| 2023 | 2.70 million million SLC | +6.4% |
United Kingdom compared with similar countries
- United Kingdom's 2.70 million million SLC is above the median for high income countries, which is 220,730 million SLC, 12.2× the median. (73 countries reporting)
- United Kingdom's 2.70 million million SLC is above the median for Europe & Central Asia, which is 430,885 million SLC, 6.3× the median. (52 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 122,027 million SLC | 59,099 million SLC | 222,547 million SLC | 10 |
| 1980s | 398,675 million SLC | 258,714 million SLC | 582,465 million SLC | 10 |
| 1990s | 820,111 million SLC | 629,395 million SLC | 1.04 million million SLC | 10 |
| 2000s | 1.36 million million SLC | 1.10 million million SLC | 1.57 million million SLC | 10 |
| 2010s | 1.88 million million SLC | 1.61 million million SLC | 2.23 million million SLC | 10 |
| 2020s | 2.40 million million SLC | 2.06 million million SLC | 2.70 million million SLC | 4 |
Countries ranked near United Kingdom
- 87 Canada 2.85 million million SLC compare
- 88 Haiti 2.80 million million SLC compare
- 89 Uruguay 2.72 million million SLC compare
- 90 United Kingdom of Great Britain and Northern Ireland 2.70 million million SLC compare
- 92 Australia 2.58 million million SLC compare
- 93 Albania 2.28 million million SLC 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 national income — value standard local currency in United Kingdom?
- Gross national income — value standard local currency in United Kingdom was 2.70 million million SLC in 2023, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross national income — value standard local currency recorded in United Kingdom?
- The highest recorded value was 2.70 million million SLC in 2023.
- What is the lowest gross national income — value standard local currency recorded in United Kingdom?
- The lowest recorded value was 59,099 million SLC in 1970.
- How does United Kingdom rank for gross national income — value standard local currency?
- United Kingdom ranks 90th out of 231 countries with data for 2023.
- Is gross national income — value standard local currency rising or falling in United Kingdom?
- Over the last ten years it is up 54.4%. 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 National Income — Value Standard Local Currency. Statizoid updates them automatically from the source API.
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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).