Revenue, excluding grants in United Kingdom of Great Britain and Northern Ireland
United Kingdom of Great Britain and Northern Ireland: Revenue, excluding grants was 34.8% in 2024. ▬ Flat
Revenue, excluding grants in United Kingdom of Great Britain and Northern Ireland, 1972–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
The most recent figure for revenue, excluding grants in United Kingdom of Great Britain and Northern Ireland is 34.8%, measured in 2024.
Compared with earlier readings it is down 1.4% on the previous year and up 6.6% over ten years.
Over the whole period, revenue, excluding grants in United Kingdom of Great Britain and Northern Ireland peaked at 38.1% in 2010 and was at its lowest, 29.4%, in 1973.
That places United Kingdom of Great Britain and Northern Ireland 32nd out of 157 countries with data for 2024, putting it in the top quarter.
Revenue, excluding grants in United Kingdom of Great Britain and Northern Ireland, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1972 | 31.3% | — |
| 1973 | 29.4% | -5.9% |
| 1974 | 33.3% | +13.3% |
| 1975 | 34.4% | +3.2% |
| 1976 | 34.1% | -1.0% |
| 1977 | 33.2% | -2.6% |
| 1978 | 31.3% | -5.5% |
| 1979 | 30.9% | -1.3% |
| 1980 | 33.5% | +8.2% |
| 1981 | 34.0% | +1.4% |
| 1982 | 36.0% | +5.9% |
| 1983 | 34.7% | -3.4% |
| 1984 | 34.7% | -0.2% |
| 1985 | 35.0% | +0.9% |
| 1986 | 34.0% | -3.0% |
| 1987 | 32.6% | -4.0% |
| 1988 | 32.3% | -0.9% |
| 1989 | 31.5% | -2.4% |
| 1990 | 32.6% | +3.4% |
| 1991 | 33.0% | +1.2% |
| 1992 | 32.5% | -1.7% |
| 1993 | 30.6% | -5.7% |
| 1994 | 31.6% | +3.3% |
| 1995 | 30.4% | -3.9% |
| 1996 | 30.1% | -0.9% |
| 1997 | 30.7% | +2.0% |
| 1998 | 31.9% | +4.0% |
| 1999 | 32.3% | +1.3% |
| 2000 | 32.9% | +1.8% |
| 2001 | 32.6% | -0.9% |
| 2002 | 31.5% | -3.2% |
| 2003 | 31.3% | -0.8% |
| 2004 | 32.4% | +3.6% |
| 2005 | 33.4% | +3.1% |
| 2006 | 33.3% | -0.5% |
| 2007 | 33.6% | +0.9% |
| 2008 | 34.2% | +2.0% |
| 2009 | 31.9% | -6.8% |
| 2010 | 38.1% | +19.4% |
| 2011 | 33.4% | -12.4% |
| 2012 | 32.7% | -1.9% |
| 2013 | 33.6% | +2.6% |
| 2014 | 32.7% | -2.7% |
| 2015 | 32.9% | +0.7% |
| 2016 | 33.4% | +1.5% |
| 2017 | 33.8% | +1.1% |
| 2018 | 33.7% | -0.3% |
| 2019 | 33.3% | -1.2% |
| 2020 | 33.4% | +0.4% |
| 2021 | 34.6% | +3.5% |
| 2022 | 35.8% | +3.6% |
| 2023 | 35.3% | -1.4% |
| 2024 | 34.8% | -1.4% |
United Kingdom of Great Britain and Northern Ireland compared with similar countries
- United Kingdom of Great Britain and Northern Ireland's 34.8% is above the median for high income countries, which is 33.0%, 1.1× the median. (57 countries reporting)
- United Kingdom of Great Britain and Northern Ireland's 34.8% is below the median for Europe & Central Asia, which is 35.0%, 100% of the median. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 32.2% | 29.4% | 34.4% | 8 |
| 1980s | 33.8% | 31.5% | 36.0% | 10 |
| 1990s | 31.6% | 30.1% | 33.0% | 10 |
| 2000s | 32.7% | 31.3% | 34.2% | 10 |
| 2010s | 33.7% | 32.7% | 38.1% | 10 |
| 2020s | 34.8% | 33.4% | 35.8% | 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)
- 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)
All data for United Kingdom of Great Britain and Northern Ireland →
Frequently asked questions
- What is revenue, excluding grants in United Kingdom of Great Britain and Northern Ireland?
- Revenue, excluding grants in United Kingdom of Great Britain and Northern Ireland was 34.8% in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest revenue, excluding grants recorded in United Kingdom of Great Britain and Northern Ireland?
- The highest recorded value was 38.1% in 2010.
- What is the lowest revenue, excluding grants recorded in United Kingdom of Great Britain and Northern Ireland?
- The lowest recorded value was 29.4% in 1973.
- How does United Kingdom of Great Britain and Northern Ireland rank for revenue, excluding grants?
- United Kingdom of Great Britain and Northern Ireland ranks 32nd out of 157 countries with data for 2024.
- Is revenue, excluding grants rising or falling in United Kingdom of Great Britain and Northern Ireland?
- Over the last ten years it is up 6.6%. The long-run trend across the full record is flat.
- Where does this United Kingdom of Great Britain and Northern Ireland data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Revenue, excluding grants (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Revenue is an increase in net worth resulting from a transaction. Grants are excluded from this figure. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.