Taxes less subsidies on products in United Kingdom of Great Britain and Northern Ireland
United Kingdom of Great Britain and Northern Ireland: Taxes less subsidies on products was 243.67 billion constant LCU in 2025. ▲ Rising
Latest (2025)
243.67 billion constant LCU
Change on year
up 1.2%
World rank
63rd
of 189 countries
All-time high
243.67 billion constant LCU
in 2025
All-time low
74.31 billion constant LCU
in 1970
Years of data
56
1970–2025
Taxes less subsidies on products in United Kingdom of Great Britain and Northern Ireland, 1970–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant LCU.
Analysis
United Kingdom of Great Britain and Northern Ireland recorded 243.67 billion constant LCU for taxes less subsidies on products in 2025. That is the highest value across all 56 years on record.
That represents a change of up 1.2% on the previous year and up 7.2% over ten years.
Over the whole period, taxes less subsidies on products in United Kingdom of Great Britain and Northern Ireland peaked at 243.67 billion constant LCU in 2025 and was at its lowest, 74.31 billion constant LCU, in 1970.
United Kingdom of Great Britain and Northern Ireland ranks 63rd of 189 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 56 years of available data.
Taxes less subsidies on products in United Kingdom of Great Britain and Northern Ireland, year by year
| Year | constant LCU | Change |
|---|---|---|
| 1970 | 74.31 billion constant LCU | — |
| 1971 | 74.44 billion constant LCU | +0.2% |
| 1972 | 78.12 billion constant LCU | +4.9% |
| 1973 | 89.50 billion constant LCU | +14.6% |
| 1974 | 83.55 billion constant LCU | -6.6% |
| 1975 | 80.37 billion constant LCU | -3.8% |
| 1976 | 86.18 billion constant LCU | +7.2% |
| 1977 | 91.09 billion constant LCU | +5.7% |
| 1978 | 103.60 billion constant LCU | +13.7% |
| 1979 | 113.98 billion constant LCU | +10.0% |
| 1980 | 110.31 billion constant LCU | -3.2% |
| 1981 | 105.93 billion constant LCU | -4.0% |
| 1982 | 104.42 billion constant LCU | -1.4% |
| 1983 | 109.21 billion constant LCU | +4.6% |
| 1984 | 115.66 billion constant LCU | +5.9% |
| 1985 | 117.72 billion constant LCU | +1.8% |
| 1986 | 125.07 billion constant LCU | +6.2% |
| 1987 | 132.81 billion constant LCU | +6.2% |
| 1988 | 141.82 billion constant LCU | +6.8% |
| 1989 | 144.34 billion constant LCU | +1.8% |
| 1990 | 141.72 billion constant LCU | -1.8% |
| 1991 | 134.00 billion constant LCU | -5.4% |
| 1992 | 132.40 billion constant LCU | -1.2% |
| 1993 | 135.03 billion constant LCU | +2.0% |
| 1994 | 143.70 billion constant LCU | +6.4% |
| 1995 | 151.99 billion constant LCU | +5.8% |
| 1996 | 151.62 billion constant LCU | -0.2% |
| 1997 | 169.94 billion constant LCU | +12.1% |
| 1998 | 174.50 billion constant LCU | +2.7% |
| 1999 | 178.49 billion constant LCU | +2.3% |
| 2000 | 185.54 billion constant LCU | +4.0% |
| 2001 | 189.52 billion constant LCU | +2.1% |
| 2002 | 195.94 billion constant LCU | +3.4% |
| 2003 | 203.08 billion constant LCU | +3.6% |
| 2004 | 212.19 billion constant LCU | +4.5% |
| 2005 | 213.24 billion constant LCU | +0.5% |
| 2006 | 214.83 billion constant LCU | +0.7% |
| 2007 | 221.12 billion constant LCU | +2.9% |
| 2008 | 216.38 billion constant LCU | -2.1% |
| 2009 | 205.50 billion constant LCU | -5.0% |
| 2010 | 206.83 billion constant LCU | +0.6% |
| 2011 | 207.94 billion constant LCU | +0.5% |
| 2012 | 207.86 billion constant LCU | -0.0% |
| 2013 | 212.69 billion constant LCU | +2.3% |
| 2014 | 218.09 billion constant LCU | +2.5% |
| 2015 | 227.33 billion constant LCU | +4.2% |
| 2016 | 229.32 billion constant LCU | +0.9% |
| 2017 | 234.10 billion constant LCU | +2.1% |
| 2018 | 239.19 billion constant LCU | +2.2% |
| 2019 | 240.18 billion constant LCU | +0.4% |
| 2020 | 206.33 billion constant LCU | -14.1% |
| 2021 | 222.01 billion constant LCU | +7.6% |
| 2022 | 241.52 billion constant LCU | +8.8% |
| 2023 | 239.84 billion constant LCU | -0.7% |
| 2024 | 240.77 billion constant LCU | +0.4% |
| 2025 | 243.67 billion constant LCU | +1.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 87.51 billion constant LCU | 74.31 billion constant LCU | 113.98 billion constant LCU | 10 |
| 1980s | 120.73 billion constant LCU | 104.42 billion constant LCU | 144.34 billion constant LCU | 10 |
| 1990s | 151.34 billion constant LCU | 132.40 billion constant LCU | 178.49 billion constant LCU | 10 |
| 2000s | 205.73 billion constant LCU | 185.54 billion constant LCU | 221.12 billion constant LCU | 10 |
| 2010s | 222.35 billion constant LCU | 206.83 billion constant LCU | 240.18 billion constant LCU | 10 |
| 2020s | 232.36 billion constant LCU | 206.33 billion constant LCU | 243.67 billion constant LCU | 6 |
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 taxes less subsidies on products in United Kingdom of Great Britain and Northern Ireland?
- Taxes less subsidies on products in United Kingdom of Great Britain and Northern Ireland was 243.67 billion constant LCU in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest taxes less subsidies on products recorded in United Kingdom of Great Britain and Northern Ireland?
- The highest recorded value was 243.67 billion constant LCU in 2025.
- What is the lowest taxes less subsidies on products recorded in United Kingdom of Great Britain and Northern Ireland?
- The lowest recorded value was 74.31 billion constant LCU in 1970.
- How does United Kingdom of Great Britain and Northern Ireland rank for taxes less subsidies on products?
- United Kingdom of Great Britain and Northern Ireland ranks 63rd out of 189 countries with data for 2025.
- Is taxes less subsidies on products rising or falling in United Kingdom of Great Britain and Northern Ireland?
- Over the last ten years it is up 7.2%. 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 Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Taxes less subsidies on products (constant LCU). Statizoid updates them automatically from the source API.
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About this data
Taxes less subsidies on products are taxes payable per unit of a good or service. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.