Taxes less subsidies on products (constant LCU), per unit of GDP in United Kingdom
United Kingdom: Taxes less subsidies on products (constant LCU), per unit of GDP was 0.0609 constant LCU per US$ of GDP in 2025. ◆ Volatile
Latest (2025)
0.0609 constant LCU per US$ of GDP
Change on year
down 6.6%
World rank
158th
of 189 countries
All-time high
0.5687 constant LCU per US$ of GDP
in 1970
All-time low
0.0609 constant LCU per US$ of GDP
in 2025
Years of data
56
1970–2025
Taxes less subsidies on products (constant LCU), per unit of GDP in United Kingdom, 1970–2025
Source: Statizoid (derived). Measured in constant LCU per US$ of GDP.
Analysis
The most recent figure for taxes less subsidies on products (constant lcu), per unit of gdp in United Kingdom is 0.0609 constant LCU per US$ of GDP, measured in 2025. That is the lowest value across all 56 years on record.
That represents a change of down 6.6% on the previous year and down 21.1% over ten years.
Over the whole period, taxes less subsidies on products (constant lcu), per unit of gdp in United Kingdom peaked at 0.5687 constant LCU per US$ of GDP in 1970 and was at its lowest, 0.0609 constant LCU per US$ of GDP, in 2025.
That places United Kingdom 158th out of 189 countries with data for 2025, putting it 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), per unit of GDP in United Kingdom, year by year
| Year | constant LCU per US$ of GDP | Change |
|---|---|---|
| 1970 | 0.5687 constant LCU per US$ of GDP | — |
| 1971 | 0.5026 constant LCU per US$ of GDP | -11.6% |
| 1972 | 0.4596 constant LCU per US$ of GDP | -8.5% |
| 1973 | 0.4649 constant LCU per US$ of GDP | +1.1% |
| 1974 | 0.4053 constant LCU per US$ of GDP | -12.8% |
| 1975 | 0.3324 constant LCU per US$ of GDP | -18.0% |
| 1976 | 0.3705 constant LCU per US$ of GDP | +11.4% |
| 1977 | 0.3463 constant LCU per US$ of GDP | -6.5% |
| 1978 | 0.3084 constant LCU per US$ of GDP | -10.9% |
| 1979 | 0.2596 constant LCU per US$ of GDP | -15.8% |
| 1980 | 0.1953 constant LCU per US$ of GDP | -24.8% |
| 1981 | 0.1959 constant LCU per US$ of GDP | +0.3% |
| 1982 | 0.2027 constant LCU per US$ of GDP | +3.5% |
| 1983 | 0.223 constant LCU per US$ of GDP | +10.0% |
| 1984 | 0.2506 constant LCU per US$ of GDP | +12.4% |
| 1985 | 0.2406 constant LCU per US$ of GDP | -4.0% |
| 1986 | 0.2079 constant LCU per US$ of GDP | -13.6% |
| 1987 | 0.1782 constant LCU per US$ of GDP | -14.3% |
| 1988 | 0.1558 constant LCU per US$ of GDP | -12.6% |
| 1989 | 0.1557 constant LCU per US$ of GDP | -0.1% |
| 1990 | 0.1296 constant LCU per US$ of GDP | -16.7% |
| 1991 | 0.1173 constant LCU per US$ of GDP | -9.6% |
| 1992 | 0.1122 constant LCU per US$ of GDP | -4.3% |
| 1993 | 0.1272 constant LCU per US$ of GDP | +13.4% |
| 1994 | 0.126 constant LCU per US$ of GDP | -1.0% |
| 1995 | 0.1127 constant LCU per US$ of GDP | -10.6% |
| 1996 | 0.1064 constant LCU per US$ of GDP | -5.6% |
| 1997 | 0.1083 constant LCU per US$ of GDP | +1.8% |
| 1998 | 0.1051 constant LCU per US$ of GDP | -3.0% |
| 1999 | 0.1054 constant LCU per US$ of GDP | +0.3% |
| 2000 | 0.111 constant LCU per US$ of GDP | +5.3% |
| 2001 | 0.1144 constant LCU per US$ of GDP | +3.1% |
| 2002 | 0.1094 constant LCU per US$ of GDP | -4.4% |
| 2003 | 0.0985 constant LCU per US$ of GDP | -10.0% |
| 2004 | 0.0873 constant LCU per US$ of GDP | -11.4% |
| 2005 | 0.0836 constant LCU per US$ of GDP | -4.3% |
| 2006 | 0.079 constant LCU per US$ of GDP | -5.5% |
| 2007 | 0.0712 constant LCU per US$ of GDP | -9.8% |
| 2008 | 0.0735 constant LCU per US$ of GDP | +3.2% |
| 2009 | 0.0846 constant LCU per US$ of GDP | +15.1% |
| 2010 | 0.0828 constant LCU per US$ of GDP | -2.1% |
| 2011 | 0.0777 constant LCU per US$ of GDP | -6.2% |
| 2012 | 0.0764 constant LCU per US$ of GDP | -1.7% |
| 2013 | 0.076 constant LCU per US$ of GDP | -0.5% |
| 2014 | 0.0707 constant LCU per US$ of GDP | -7.0% |
| 2015 | 0.0772 constant LCU per US$ of GDP | +9.2% |
| 2016 | 0.0847 constant LCU per US$ of GDP | +9.8% |
| 2017 | 0.0867 constant LCU per US$ of GDP | +2.4% |
| 2018 | 0.0826 constant LCU per US$ of GDP | -4.8% |
| 2019 | 0.0835 constant LCU per US$ of GDP | +1.2% |
| 2020 | 0.0757 constant LCU per US$ of GDP | -9.3% |
| 2021 | 0.0695 constant LCU per US$ of GDP | -8.2% |
| 2022 | 0.0759 constant LCU per US$ of GDP | +9.2% |
| 2023 | 0.0701 constant LCU per US$ of GDP | -7.7% |
| 2024 | 0.0652 constant LCU per US$ of GDP | -7.1% |
| 2025 | 0.0609 constant LCU per US$ of GDP | -6.6% |
United Kingdom compared with similar countries
- United Kingdom's 0.0609 constant LCU per US$ of GDP is below the median for high income countries, which is 0.0891 constant LCU per US$ of GDP, 68% of the median. (66 countries reporting)
- United Kingdom's 0.0609 constant LCU per US$ of GDP is below the median for Europe & Central Asia, which is 0.0947 constant LCU per US$ of GDP, 64% of the median. (53 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.4018 constant LCU per US$ of GDP | 0.2596 constant LCU per US$ of GDP | 0.5687 constant LCU per US$ of GDP | 10 |
| 1980s | 0.2006 constant LCU per US$ of GDP | 0.1557 constant LCU per US$ of GDP | 0.2506 constant LCU per US$ of GDP | 10 |
| 1990s | 0.115 constant LCU per US$ of GDP | 0.1051 constant LCU per US$ of GDP | 0.1296 constant LCU per US$ of GDP | 10 |
| 2000s | 0.0913 constant LCU per US$ of GDP | 0.0712 constant LCU per US$ of GDP | 0.1144 constant LCU per US$ of GDP | 10 |
| 2010s | 0.0798 constant LCU per US$ of GDP | 0.0707 constant LCU per US$ of GDP | 0.0867 constant LCU per US$ of GDP | 10 |
| 2020s | 0.0696 constant LCU per US$ of GDP | 0.0609 constant LCU per US$ of GDP | 0.0759 constant LCU per US$ of GDP | 6 |
Countries ranked near United Kingdom
- 155 Luxembourg 0.0668 constant LCU per US$ of GDP compare
- 156 Lithuania 0.0656 constant LCU per US$ of GDP compare
- 157 Andorra 0.062 constant LCU per US$ of GDP compare
- 159 Spain 0.0572 constant LCU per US$ of GDP compare
- 160 Eritrea 0.0537 constant LCU per US$ of GDP compare
- 161 San Marino 0.0512 constant LCU per US$ of GDP 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$), annual growth rate 22.77 % change on previous year (2025)
Frequently asked questions
- What is taxes less subsidies on products (constant lcu), per unit of gdp in United Kingdom?
- Taxes less subsidies on products (constant lcu), per unit of gdp in United Kingdom was 0.0609 constant LCU per US$ of GDP in 2025, according to Statizoid (derived).
- What is the highest taxes less subsidies on products (constant lcu), per unit of gdp recorded in United Kingdom?
- The highest recorded value was 0.5687 constant LCU per US$ of GDP in 1970.
- What is the lowest taxes less subsidies on products (constant lcu), per unit of gdp recorded in United Kingdom?
- The lowest recorded value was 0.0609 constant LCU per US$ of GDP in 2025.
- How does United Kingdom rank for taxes less subsidies on products (constant lcu), per unit of gdp?
- United Kingdom ranks 158th out of 189 countries with data for 2025.
- Is taxes less subsidies on products (constant lcu), per unit of gdp rising or falling in United Kingdom?
- Over the last ten years it is down 21.1%. 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), per unit of GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 56 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Taxes less subsidies on products (constant LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Taxes less subsidies on products (constant LCU) ÷ GDP (current US$)
Computed from
- Taxes less subsidies on products Country official statistics, National Statistical Organizations and/or Central Banks
- GDP 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
Taxes less subsidies on products (constant LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.