Inflation, consumer prices in United Kingdom of Great Britain and Northern Ireland
United Kingdom of Great Britain and Northern Ireland: Inflation, consumer prices was 3.27 in 2024. ◆ Volatile
Inflation, consumer prices in United Kingdom of Great Britain and Northern Ireland, 1960–2024
Source: UNICEF.
Analysis
In 2024, inflation, consumer prices in United Kingdom of Great Britain and Northern Ireland stood at 3.27.
That represents a change of down 51.8% on the previous year and up 125.5% over ten years.
Over the whole period, inflation, consumer prices in United Kingdom of Great Britain and Northern Ireland peaked at 24.21 in 1975 and was at its lowest, 0.368, in 2015.
United Kingdom of Great Britain and Northern Ireland ranks 28th of 70 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Inflation, consumer prices in United Kingdom of Great Britain and Northern Ireland, year by year
| Year | Value | Change |
|---|---|---|
| 1960 | 1 | — |
| 1961 | 3.45 | +243.5% |
| 1962 | 4.2 | +21.7% |
| 1963 | 2.02 | -51.9% |
| 1964 | 3.28 | +62.6% |
| 1965 | 4.77 | +45.5% |
| 1966 | 3.91 | -18.1% |
| 1967 | 2.48 | -36.5% |
| 1968 | 4.7 | +89.3% |
| 1969 | 5.45 | +15.9% |
| 1970 | 6.37 | +16.9% |
| 1971 | 9.44 | +48.4% |
| 1972 | 7.07 | -25.1% |
| 1973 | 9.2 | +30.1% |
| 1974 | 16.04 | +74.5% |
| 1975 | 24.21 | +50.9% |
| 1976 | 16.56 | -31.6% |
| 1977 | 15.84 | -4.3% |
| 1978 | 8.26 | -47.8% |
| 1979 | 13.42 | +62.4% |
| 1980 | 17.97 | +33.9% |
| 1981 | 11.88 | -33.9% |
| 1982 | 8.6 | -27.6% |
| 1983 | 4.61 | -46.4% |
| 1984 | 4.96 | +7.6% |
| 1985 | 6.07 | +22.4% |
| 1986 | 3.43 | -43.5% |
| 1987 | 4.15 | +21.0% |
| 1988 | 4.16 | +0.2% |
| 1989 | 5.76 | +38.6% |
| 1990 | 8.06 | +40.0% |
| 1991 | 7.46 | -7.5% |
| 1992 | 4.59 | -38.5% |
| 1993 | 2.56 | -44.3% |
| 1994 | 2.22 | -13.3% |
| 1995 | 2.7 | +21.6% |
| 1996 | 2.85 | +5.7% |
| 1997 | 2.2 | -22.8% |
| 1998 | 1.82 | -17.3% |
| 1999 | 1.75 | -3.7% |
| 2000 | 1.18 | -32.5% |
| 2001 | 1.53 | +29.5% |
| 2002 | 1.52 | -0.8% |
| 2003 | 1.38 | -9.5% |
| 2004 | 1.39 | +1.0% |
| 2005 | 2.09 | +50.3% |
| 2006 | 2.46 | +17.5% |
| 2007 | 2.39 | -2.8% |
| 2008 | 3.52 | +47.6% |
| 2009 | 1.96 | -44.3% |
| 2010 | 2.49 | +27.1% |
| 2011 | 3.86 | +54.7% |
| 2012 | 2.57 | -33.3% |
| 2013 | 2.29 | -10.9% |
| 2014 | 1.45 | -36.7% |
| 2015 | 0.368 | -74.6% |
| 2016 | 1.01 | +174.0% |
| 2017 | 2.56 | +153.6% |
| 2018 | 2.29 | -10.4% |
| 2019 | 1.74 | -24.2% |
| 2020 | 0.9895 | -43.1% |
| 2021 | 2.52 | +154.5% |
| 2022 | 7.92 | +214.6% |
| 2023 | 6.79 | -14.2% |
| 2024 | 3.27 | -51.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 3.53 | 1 | 5.45 | 10 |
| 1970s | 12.64 | 6.37 | 24.21 | 10 |
| 1980s | 7.16 | 3.43 | 17.97 | 10 |
| 1990s | 3.62 | 1.75 | 8.06 | 10 |
| 2000s | 1.94 | 1.18 | 3.52 | 10 |
| 2010s | 2.06 | 0.368 | 3.86 | 10 |
| 2020s | 4.3 | 0.9895 | 7.92 | 5 |
Countries ranked near United Kingdom of Great Britain and Northern Ireland
- 25 North Macedonia 3.49 compare
- 26 Netherlands 3.35 compare
- 27 Montenegro 3.34 compare
- 29 Norway 3.15 compare
- 30 Belgium 3.14 compare
- 31 Croatia 2.97 compare
More economy & growth data for United Kingdom of Great Britain and Northern Ireland
- 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)
- Services, value added (constant LCU), per capita 26,700 constant LCU per person (2025)
- GDP deflator (base year varies by country), annual growth rate 3.69 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current US$), annual growth 8.3 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current US$), per unit of GDP 0.9023 current US$ per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current US$), per capita 51,972 current US$ per person (2025)
- Gross value added at basic prices (GVA) (current LCU), annual growth 5.13 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 0.6852 current LCU per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current LCU), per capita 39,472 current LCU per person (2025)
All data for United Kingdom of Great Britain and Northern Ireland →
Frequently asked questions
- What is inflation, consumer prices in United Kingdom of Great Britain and Northern Ireland?
- Inflation, consumer prices in United Kingdom of Great Britain and Northern Ireland was 3.27 in 2024, according to UNICEF.
- What is the highest inflation, consumer prices recorded in United Kingdom of Great Britain and Northern Ireland?
- The highest recorded value was 24.21 in 1975.
- What is the lowest inflation, consumer prices recorded in United Kingdom of Great Britain and Northern Ireland?
- The lowest recorded value was 0.368 in 2015.
- How does United Kingdom of Great Britain and Northern Ireland rank for inflation, consumer prices?
- United Kingdom of Great Britain and Northern Ireland ranks 28th out of 70 countries with data for 2024.
- Is inflation, consumer prices rising or falling in United Kingdom of Great Britain and Northern Ireland?
- Over the last ten years it is up 125.5%. The long-run trend across the full record is volatile.
- Where does this United Kingdom of Great Britain and Northern Ireland data come from?
- The figures come from UNICEF, published as part of Inflation, consumer prices (annual %). Statizoid updates them automatically from the source API.
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