Taxes less subsidies on products (constant LCU), annual growth rate in United Kingdom
United Kingdom: Taxes less subsidies on products (constant LCU), annual growth rate was 1.2 % change on previous year in 2025. ◆ Volatile
Taxes less subsidies on products (constant LCU), annual growth rate in United Kingdom, 1971–2025
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
United Kingdom recorded 1.2 % change on previous year for taxes less subsidies on products (constant lcu), annual growth rate in 2025.
That represents a change of up 209.4% on the previous year and down 71.6% over ten years.
Over the whole period, taxes less subsidies on products (constant lcu), annual growth rate in United Kingdom peaked at 14.57 % change on previous year in 1973 and was at its lowest, -14.09 % change on previous year, in 2020.
United Kingdom ranks 146th of 188 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Taxes less subsidies on products (constant LCU), annual growth rate in United Kingdom, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 0.1794 % change on previous year | — |
| 1972 | 4.94 % change on previous year | +2655.6% |
| 1973 | 14.57 % change on previous year | +194.7% |
| 1974 | -6.65 % change on previous year | -145.6% |
| 1975 | -3.81 % change on previous year | -42.7% |
| 1976 | 7.23 % change on previous year | -289.8% |
| 1977 | 5.7 % change on previous year | -21.1% |
| 1978 | 13.73 % change on previous year | +140.9% |
| 1979 | 10.02 % change on previous year | -27.1% |
| 1980 | -3.22 % change on previous year | -132.2% |
| 1981 | -3.97 % change on previous year | +23.1% |
| 1982 | -1.43 % change on previous year | -64.0% |
| 1983 | 4.58 % change on previous year | -421.3% |
| 1984 | 5.91 % change on previous year | +28.8% |
| 1985 | 1.79 % change on previous year | -69.7% |
| 1986 | 6.24 % change on previous year | +248.6% |
| 1987 | 6.19 % change on previous year | -0.8% |
| 1988 | 6.78 % change on previous year | +9.6% |
| 1989 | 1.78 % change on previous year | -73.8% |
| 1990 | -1.81 % change on previous year | -202.1% |
| 1991 | -5.44 % change on previous year | +200.1% |
| 1992 | -1.2 % change on previous year | -78.0% |
| 1993 | 1.99 % change on previous year | -266.3% |
| 1994 | 6.42 % change on previous year | +222.8% |
| 1995 | 5.77 % change on previous year | -10.2% |
| 1996 | -0.2461 % change on previous year | -104.3% |
| 1997 | 12.09 % change on previous year | -5011.3% |
| 1998 | 2.68 % change on previous year | -77.8% |
| 1999 | 2.29 % change on previous year | -14.8% |
| 2000 | 3.95 % change on previous year | +72.9% |
| 2001 | 2.14 % change on previous year | -45.8% |
| 2002 | 3.39 % change on previous year | +57.9% |
| 2003 | 3.65 % change on previous year | +7.7% |
| 2004 | 4.49 % change on previous year | +23.2% |
| 2005 | 0.4934 % change on previous year | -89.0% |
| 2006 | 0.7447 % change on previous year | +50.9% |
| 2007 | 2.93 % change on previous year | +292.9% |
| 2008 | -2.14 % change on previous year | -173.2% |
| 2009 | -5.03 % change on previous year | +134.7% |
| 2010 | 0.6491 % change on previous year | -112.9% |
| 2011 | 0.5323 % change on previous year | -18.0% |
| 2012 | -0.0356 % change on previous year | -106.7% |
| 2013 | 2.32 % change on previous year | -6629.4% |
| 2014 | 2.54 % change on previous year | +9.3% |
| 2015 | 4.24 % change on previous year | +66.8% |
| 2016 | 0.8736 % change on previous year | -79.4% |
| 2017 | 2.09 % change on previous year | +138.8% |
| 2018 | 2.17 % change on previous year | +4.1% |
| 2019 | 0.4135 % change on previous year | -81.0% |
| 2020 | -14.09 % change on previous year | -3508.1% |
| 2021 | 7.6 % change on previous year | -153.9% |
| 2022 | 8.79 % change on previous year | +15.6% |
| 2023 | -0.6964 % change on previous year | -107.9% |
| 2024 | 0.389 % change on previous year | -155.9% |
| 2025 | 1.2 % change on previous year | +209.4% |
United Kingdom compared with similar countries
- United Kingdom's 1.2 % change on previous year is below the median for high income countries, which is 2.19 % change on previous year, 55% of the median. (66 countries reporting)
- United Kingdom's 1.2 % change on previous year is below the median for Europe & Central Asia, which is 2.23 % change on previous year, 54% of the median. (53 countries reporting)
Biggest year-on-year movements
Years where Taxes less subsidies on products (constant LCU), annual growth rate in United Kingdom changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2013 | +6629.4% | -0.0356 % change on previous year | 2.32 % change on previous year |
| 1997 | +5011.3% | -0.2461 % change on previous year | 12.09 % change on previous year |
| 2020 | -3508.1% | 0.4135 % change on previous year | -14.09 % change on previous year |
| 1972 | +2655.6% | 0.1794 % change on previous year | 4.94 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 5.1 % change on previous year | -6.65 % change on previous year | 14.57 % change on previous year | 9 |
| 1980s | 2.46 % change on previous year | -3.97 % change on previous year | 6.78 % change on previous year | 10 |
| 1990s | 2.25 % change on previous year | -5.44 % change on previous year | 12.09 % change on previous year | 10 |
| 2000s | 1.46 % change on previous year | -5.03 % change on previous year | 4.49 % change on previous year | 10 |
| 2010s | 1.58 % change on previous year | -0.0356 % change on previous year | 4.24 % change on previous year | 10 |
| 2020s | 0.5321 % change on previous year | -14.09 % change on previous year | 8.79 % change on previous year | 6 |
Countries ranked near United Kingdom
- 143 Iceland 1.28 % change on previous year compare
- 144 Honduras 1.23 % change on previous year compare
- 145 Denmark 1.21 % change on previous year compare
- 147 Tunisia 1.16 % change on previous year compare
- 148 South Africa 1.14 % change on previous year compare
- 149 Bermuda 1.09 % change on previous year compare
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 taxes less subsidies on products (constant lcu), annual growth rate in United Kingdom?
- Taxes less subsidies on products (constant lcu), annual growth rate in United Kingdom was 1.2 % change on previous year in 2025, according to Statizoid (derived).
- What is the highest taxes less subsidies on products (constant lcu), annual growth rate recorded in United Kingdom?
- The highest recorded value was 14.57 % change on previous year in 1973.
- What is the lowest taxes less subsidies on products (constant lcu), annual growth rate recorded in United Kingdom?
- The lowest recorded value was -14.09 % change on previous year in 2020.
- How does United Kingdom rank for taxes less subsidies on products (constant lcu), annual growth rate?
- United Kingdom ranks 146th out of 188 countries with data for 2025.
- Is taxes less subsidies on products (constant lcu), annual growth rate rising or falling in United Kingdom?
- Over the last ten years it is down 71.6%. The long-run trend across the full record is volatile.
- Where does this United Kingdom data come from?
- The figures come from Statizoid (derived), published as part of Taxes less subsidies on products (constant LCU), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 55 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Taxes less subsidies on products (constant LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Taxes less subsidies on products Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Taxes less subsidies on products (constant LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.