Purchasing power: based on COICOP 1999 in United Kingdom
United Kingdom: Purchasing power: based on COICOP 1999 was 1.06 in 2024. ▲ Rising
Latest (2024)
1.06
Change on year
up 1.0%
World rank
31st
of 51 countries
All-time high
1.06
in 2024
All-time low
0.839
in 2001
Years of data
30
1995–2024
Purchasing power parities, price level indices, nominal and real in United Kingdom, 1995–2024
Source: Eurostat.
Analysis
The most recent figure for purchasing power parities, price level indices, nominal and real in United Kingdom is 1.06, measured in 2024. That is the highest value across all 30 years on record.
The figure is up 1.0% on the previous year and up 9.2% over ten years.
Over the whole period, purchasing power parities, price level indices, nominal and real in United Kingdom peaked at 1.06 in 2024 and was at its lowest, 0.839, in 2001.
United Kingdom ranks 31st of 51 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 30 years of available data.
Purchasing power: based on COICOP 1999 in United Kingdom, year by year
| Year | Value | Change |
|---|---|---|
| 1995 | 0.8513 | — |
| 1996 | 0.8413 | -1.2% |
| 1997 | 0.847 | +0.7% |
| 1998 | 0.8662 | +2.3% |
| 1999 | 0.8685 | +0.3% |
| 2000 | 0.8481 | -2.4% |
| 2001 | 0.839 | -1.1% |
| 2002 | 0.8415 | +0.3% |
| 2003 | 0.8474 | +0.7% |
| 2004 | 0.8418 | -0.7% |
| 2005 | 0.8639 | +2.6% |
| 2006 | 0.876 | +1.4% |
| 2007 | 0.8981 | +2.5% |
| 2008 | 0.9042 | +0.7% |
| 2009 | 0.9401 | +4.0% |
| 2010 | 0.9278 | -1.3% |
| 2011 | 0.9475 | +2.1% |
| 2012 | 0.9501 | +0.3% |
| 2013 | 0.9632 | +1.4% |
| 2014 | 0.9745 | +1.2% |
| 2015 | 0.9632 | -1.2% |
| 2016 | 0.9913 | +2.9% |
| 2017 | 0.9967 | +0.5% |
| 2018 | 1.01 | +1.8% |
| 2019 | 1.03 | +1.5% |
| 2020 | 1.02 | -0.7% |
| 2021 | 1.05 | +2.5% |
| 2022 | 1.02 | -2.9% |
| 2023 | 1.05 | +3.5% |
| 2024 | 1.06 | +1.0% |
United Kingdom compared with similar countries
- United Kingdom's 1.06 is below the median for Europe & Central Asia, which is 1.15, 92% of the median. (35 countries reporting)
- United Kingdom's 1.06 is below the median for high income countries, which is 1.15, 93% of the median. (33 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.8549 | 0.8413 | 0.8685 | 5 |
| 2000s | 0.87 | 0.839 | 0.9401 | 10 |
| 2010s | 0.9758 | 0.9278 | 1.03 | 10 |
| 2020s | 1.04 | 1.02 | 1.06 | 5 |
Countries ranked near United Kingdom
More economy & growth data for United Kingdom
- Real gdp growth, annual growth rate 21.6 % change on previous year (2025)
- 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)
- SDRs holdings, US dollar, annual growth rate 1.04 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0099 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 571.28 units per person (2025)
- SDRs holdings, SDR, annual growth rate -3.78 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0072 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 417.14 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 3.15 % change on previous year (2025)
Frequently asked questions
- What is purchasing power parities, price level indices, nominal and real in United Kingdom?
- Purchasing power parities, price level indices, nominal and real in United Kingdom was 1.06 in 2024, according to Eurostat.
- What is the highest purchasing power parities, price level indices, nominal and real recorded in United Kingdom?
- The highest recorded value was 1.06 in 2024.
- What is the lowest purchasing power parities, price level indices, nominal and real recorded in United Kingdom?
- The lowest recorded value was 0.839 in 2001.
- How does United Kingdom rank for purchasing power parities, price level indices, nominal and real?
- United Kingdom ranks 31st out of 51 countries with data for 2024.
- Is purchasing power parities, price level indices, nominal and real rising or falling in United Kingdom?
- Over the last ten years it is up 9.2%. The long-run trend across the full record is rising.
- Where does this United Kingdom data come from?
- The figures come from Eurostat, published as part of Purchasing power parities, price level indices, nominal and real expenditures by analytical categories - based on COICOP 1999. Statizoid updates them automatically from the source API.
Download this data
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