Purchasing power parities, price level indices, nominal and real in United Kingdom of Great Britain and Northern Ireland
United Kingdom of Great Britain and Northern Ireland: Purchasing power parities, price level indices, nominal and real was 1.06 in 2024. ▲ Rising
Purchasing power parities, price level indices, nominal and real in United Kingdom of Great Britain and Northern Ireland, 1995–2024
Source: Eurostat.
Analysis
The most recent figure for purchasing power parities, price level indices, nominal and real in United Kingdom of Great Britain and Northern Ireland 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 of Great Britain and Northern Ireland peaked at 1.06 in 2024 and was at its lowest, 0.839, in 2001.
United Kingdom of Great Britain and Northern Ireland ranks 29th of 49 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 parities, price level indices, nominal and real in United Kingdom of Great Britain and Northern Ireland, 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% |
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 of Great Britain and Northern Ireland
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)
- Gross capital formation (current US$), annual growth rate 11.25 % change on previous year (2025)
- Gross capital formation (current US$), per unit of GDP 0.1969 current US$ per US$ of GDP (2025)
- Gross capital formation (current US$), per capita 11,341 current US$ per person (2025)
- Gross capital formation (current LCU), annual growth rate 7.99 % change on previous year (2025)
- Gross capital formation (current LCU), per unit of GDP 0.1495 current LCU per US$ of GDP (2025)
- Gross capital formation (current LCU), per capita 8,613 current LCU per person (2025)
- Gross capital formation (constant 2015 US$), annual growth rate 5.59 % change on previous year (2025)
- Gross capital formation (constant 2015 US$), per unit of GDP 0.166 constant 2015 US$ per US$ of GDP (2025)
All data for United Kingdom of Great Britain and Northern Ireland →
Frequently asked questions
- What is purchasing power parities, price level indices, nominal and real in United Kingdom of Great Britain and Northern Ireland?
- Purchasing power parities, price level indices, nominal and real in United Kingdom of Great Britain and Northern Ireland 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 of Great Britain and Northern Ireland?
- 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 of Great Britain and Northern Ireland?
- The lowest recorded value was 0.839 in 2001.
- How does United Kingdom of Great Britain and Northern Ireland rank for purchasing power parities, price level indices, nominal and real?
- United Kingdom of Great Britain and Northern Ireland ranks 29th out of 49 countries with data for 2024.
- Is purchasing power parities, price level indices, nominal and real rising or falling in United Kingdom of Great Britain and Northern Ireland?
- 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 of Great Britain and Northern Ireland 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.
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