Gross value added at basic prices (GVA) in United Kingdom
United Kingdom: Gross value added at basic prices (GVA) was 3.02 trillion constant 2015 US$ in 2025. ▲ Rising
Latest (2025)
3.02 trillion constant 2015 US$
Change on year
up 1.4%
World rank
4th
of 194 countries
All-time high
3.02 trillion constant 2015 US$
in 2025
All-time low
703.01 billion constant 2015 US$
in 1960
Years of data
66
1960–2025
Gross value added at basic prices (GVA) in United Kingdom, 1960–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant 2015 US$.
Analysis
The most recent figure for gross value added at basic prices (gva) in United Kingdom is 3.02 trillion constant 2015 US$, measured in 2025. That is the highest value across all 66 years on record.
Compared with earlier readings it is up 1.4% on the previous year and up 15.1% over ten years.
Over the whole period, gross value added at basic prices (gva) in United Kingdom peaked at 3.02 trillion constant 2015 US$ in 2025 and was at its lowest, 703.01 billion constant 2015 US$, in 1960.
That places United Kingdom 4th out of 194 countries with data for 2025, putting it in the top 10%.
The long-run direction has been consistently rising across the 66 years of available data.
Gross value added at basic prices (GVA) in United Kingdom, year by year
| Year | constant 2015 US$ | Change |
|---|---|---|
| 1960 | 703.01 billion constant 2015 US$ | — |
| 1961 | 723.13 billion constant 2015 US$ | +2.9% |
| 1962 | 732.37 billion constant 2015 US$ | +1.3% |
| 1963 | 770.65 billion constant 2015 US$ | +5.2% |
| 1964 | 814.29 billion constant 2015 US$ | +5.7% |
| 1965 | 834.51 billion constant 2015 US$ | +2.5% |
| 1966 | 846.11 billion constant 2015 US$ | +1.4% |
| 1967 | 865.46 billion constant 2015 US$ | +2.3% |
| 1968 | 914.40 billion constant 2015 US$ | +5.7% |
| 1969 | 932.85 billion constant 2015 US$ | +2.0% |
| 1970 | 1.00 trillion constant 2015 US$ | +7.6% |
| 1971 | 1.02 trillion constant 2015 US$ | +1.5% |
| 1972 | 1.05 trillion constant 2015 US$ | +3.2% |
| 1973 | 1.11 trillion constant 2015 US$ | +5.9% |
| 1974 | 1.10 trillion constant 2015 US$ | -1.3% |
| 1975 | 1.08 trillion constant 2015 US$ | -1.9% |
| 1976 | 1.10 trillion constant 2015 US$ | +2.1% |
| 1977 | 1.13 trillion constant 2015 US$ | +2.8% |
| 1978 | 1.17 trillion constant 2015 US$ | +3.5% |
| 1979 | 1.21 trillion constant 2015 US$ | +3.1% |
| 1980 | 1.18 trillion constant 2015 US$ | -2.6% |
| 1981 | 1.16 trillion constant 2015 US$ | -1.4% |
| 1982 | 1.18 trillion constant 2015 US$ | +2.1% |
| 1983 | 1.23 trillion constant 2015 US$ | +3.4% |
| 1984 | 1.26 trillion constant 2015 US$ | +3.0% |
| 1985 | 1.31 trillion constant 2015 US$ | +3.5% |
| 1986 | 1.35 trillion constant 2015 US$ | +3.5% |
| 1987 | 1.41 trillion constant 2015 US$ | +4.3% |
| 1988 | 1.48 trillion constant 2015 US$ | +4.9% |
| 1989 | 1.51 trillion constant 2015 US$ | +2.3% |
| 1990 | 1.53 trillion constant 2015 US$ | +1.0% |
| 1991 | 1.51 trillion constant 2015 US$ | -0.8% |
| 1992 | 1.54 trillion constant 2015 US$ | +1.6% |
| 1993 | 1.59 trillion constant 2015 US$ | +3.7% |
| 1994 | 1.67 trillion constant 2015 US$ | +4.8% |
| 1995 | 1.72 trillion constant 2015 US$ | +3.3% |
| 1996 | 1.77 trillion constant 2015 US$ | +2.9% |
| 1997 | 1.85 trillion constant 2015 US$ | +4.2% |
| 1998 | 1.91 trillion constant 2015 US$ | +3.3% |
| 1999 | 1.97 trillion constant 2015 US$ | +3.0% |
| 2000 | 2.06 trillion constant 2015 US$ | +4.6% |
| 2001 | 2.11 trillion constant 2015 US$ | +2.4% |
| 2002 | 2.14 trillion constant 2015 US$ | +1.5% |
| 2003 | 2.21 trillion constant 2015 US$ | +3.2% |
| 2004 | 2.25 trillion constant 2015 US$ | +2.1% |
| 2005 | 2.32 trillion constant 2015 US$ | +3.0% |
| 2006 | 2.38 trillion constant 2015 US$ | +2.3% |
| 2007 | 2.45 trillion constant 2015 US$ | +2.9% |
| 2008 | 2.45 trillion constant 2015 US$ | +0.2% |
| 2009 | 2.34 trillion constant 2015 US$ | -4.5% |
| 2010 | 2.40 trillion constant 2015 US$ | +2.4% |
| 2011 | 2.42 trillion constant 2015 US$ | +0.9% |
| 2012 | 2.46 trillion constant 2015 US$ | +1.7% |
| 2013 | 2.50 trillion constant 2015 US$ | +1.6% |
| 2014 | 2.58 trillion constant 2015 US$ | +3.2% |
| 2015 | 2.63 trillion constant 2015 US$ | +1.9% |
| 2016 | 2.69 trillion constant 2015 US$ | +2.4% |
| 2017 | 2.78 trillion constant 2015 US$ | +3.1% |
| 2018 | 2.82 trillion constant 2015 US$ | +1.5% |
| 2019 | 2.85 trillion constant 2015 US$ | +1.4% |
| 2020 | 2.58 trillion constant 2015 US$ | -9.6% |
| 2021 | 2.80 trillion constant 2015 US$ | +8.6% |
| 2022 | 2.94 trillion constant 2015 US$ | +4.7% |
| 2023 | 2.95 trillion constant 2015 US$ | +0.4% |
| 2024 | 2.98 trillion constant 2015 US$ | +1.2% |
| 2025 | 3.02 trillion constant 2015 US$ | +1.4% |
United Kingdom compared with similar countries
- United Kingdom's 3.02 trillion constant 2015 US$ is above the median for high income countries, which is 96.66 billion constant 2015 US$, 31.3× the median. (69 countries reporting)
- United Kingdom's 3.02 trillion constant 2015 US$ is above the median for Europe & Central Asia, which is 71.18 billion constant 2015 US$, 42.5× the median. (53 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 813.68 billion constant 2015 US$ | 703.01 billion constant 2015 US$ | 932.85 billion constant 2015 US$ | 10 |
| 1970s | 1.10 trillion constant 2015 US$ | 1.00 trillion constant 2015 US$ | 1.21 trillion constant 2015 US$ | 10 |
| 1980s | 1.31 trillion constant 2015 US$ | 1.16 trillion constant 2015 US$ | 1.51 trillion constant 2015 US$ | 10 |
| 1990s | 1.71 trillion constant 2015 US$ | 1.51 trillion constant 2015 US$ | 1.97 trillion constant 2015 US$ | 10 |
| 2000s | 2.27 trillion constant 2015 US$ | 2.06 trillion constant 2015 US$ | 2.45 trillion constant 2015 US$ | 10 |
| 2010s | 2.61 trillion constant 2015 US$ | 2.40 trillion constant 2015 US$ | 2.85 trillion constant 2015 US$ | 10 |
| 2020s | 2.88 trillion constant 2015 US$ | 2.58 trillion constant 2015 US$ | 3.02 trillion constant 2015 US$ | 6 |
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$), annual growth rate 22.77 % change on previous year (2025)
Frequently asked questions
- What is gross value added at basic prices (gva) in United Kingdom?
- Gross value added at basic prices (gva) in United Kingdom was 3.02 trillion constant 2015 US$ in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross value added at basic prices (gva) recorded in United Kingdom?
- The highest recorded value was 3.02 trillion constant 2015 US$ in 2025.
- What is the lowest gross value added at basic prices (gva) recorded in United Kingdom?
- The lowest recorded value was 703.01 billion constant 2015 US$ in 1960.
- How does United Kingdom rank for gross value added at basic prices (gva)?
- United Kingdom ranks 4th out of 194 countries with data for 2025.
- Is gross value added at basic prices (gva) rising or falling in United Kingdom?
- Over the last ten years it is up 15.1%. The long-run trend across the full record is rising.
- Where does this United Kingdom data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Gross value added at basic prices (GVA) (constant 2015 US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 66 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Gross value added at basic prices reflects the price of products receivable by the producer exclusive of taxes payable on products and inclusive of subsidies receivable on products, less intermediate consumption valued at purchasers' prices. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.