Taxes less subsidies on products (current LCU), annual growth rate in United Kingdom of Great Britain and Northern Ireland
United Kingdom of Great Britain and Northern Ireland: Taxes less subsidies on products (current LCU), annual growth rate was 5.18 % change on previous year in 2025. ◆ Volatile
Taxes less subsidies on products (current LCU), annual growth rate in United Kingdom of Great Britain and Northern Ireland, 1971–2025
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for taxes less subsidies on products (current lcu), annual growth rate in United Kingdom of Great Britain and Northern Ireland is 5.18 % change on previous year, measured in 2025.
That represents a change of down 52.3% on the previous year and up 84.8% over ten years.
Over the whole period, taxes less subsidies on products (current lcu), annual growth rate in United Kingdom of Great Britain and Northern Ireland peaked at 32.35 % change on previous year in 1976 and was at its lowest, -13.38 % change on previous year, in 2020.
United Kingdom of Great Britain and Northern Ireland ranks 126th of 197 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Taxes less subsidies on products (current LCU), annual growth rate in United Kingdom of Great Britain and Northern Ireland, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 3.71 % change on previous year | — |
| 1972 | 4.45 % change on previous year | +20.0% |
| 1973 | 6.25 % change on previous year | +40.5% |
| 1974 | -0.7873 % change on previous year | -112.6% |
| 1975 | 22.91 % change on previous year | -3010.5% |
| 1976 | 32.35 % change on previous year | +41.2% |
| 1977 | 23.51 % change on previous year | -27.3% |
| 1978 | 10.64 % change on previous year | -54.7% |
| 1979 | 31.05 % change on previous year | +191.7% |
| 1980 | 29.72 % change on previous year | -4.3% |
| 1981 | 7.24 % change on previous year | -75.6% |
| 1982 | 21.21 % change on previous year | +192.9% |
| 1983 | 7.9 % change on previous year | -62.8% |
| 1984 | 11.66 % change on previous year | +47.6% |
| 1985 | 10.08 % change on previous year | -13.5% |
| 1986 | 14.25 % change on previous year | +41.4% |
| 1987 | 11.45 % change on previous year | -19.7% |
| 1988 | 12.03 % change on previous year | +5.0% |
| 1989 | 7.01 % change on previous year | -41.7% |
| 1990 | 5.15 % change on previous year | -26.5% |
| 1991 | 11.47 % change on previous year | +122.7% |
| 1992 | 3.54 % change on previous year | -69.1% |
| 1993 | 3.79 % change on previous year | +6.9% |
| 1994 | 8.55 % change on previous year | +125.7% |
| 1995 | 9.2 % change on previous year | +7.6% |
| 1996 | 5.02 % change on previous year | -45.4% |
| 1997 | 9.83 % change on previous year | +95.8% |
| 1998 | 7.87 % change on previous year | -20.0% |
| 1999 | 8.46 % change on previous year | +7.6% |
| 2000 | 5.77 % change on previous year | -31.9% |
| 2001 | 1.57 % change on previous year | -72.7% |
| 2002 | 3.71 % change on previous year | +135.7% |
| 2003 | 5.16 % change on previous year | +39.3% |
| 2004 | 6.2 % change on previous year | +20.1% |
| 2005 | 4.22 % change on previous year | -32.0% |
| 2006 | 5.23 % change on previous year | +24.1% |
| 2007 | 5.73 % change on previous year | +9.4% |
| 2008 | -1.88 % change on previous year | -132.8% |
| 2009 | -8.55 % change on previous year | +354.9% |
| 2010 | 15.11 % change on previous year | -276.8% |
| 2011 | 11.74 % change on previous year | -22.3% |
| 2012 | 2.14 % change on previous year | -81.8% |
| 2013 | 5.17 % change on previous year | +141.5% |
| 2014 | 5.35 % change on previous year | +3.4% |
| 2015 | 2.8 % change on previous year | -47.5% |
| 2016 | 4.62 % change on previous year | +64.8% |
| 2017 | 4.01 % change on previous year | -13.2% |
| 2018 | 2.79 % change on previous year | -30.5% |
| 2019 | 2.67 % change on previous year | -4.2% |
| 2020 | -13.38 % change on previous year | -600.8% |
| 2021 | 14.57 % change on previous year | -208.9% |
| 2022 | 9.35 % change on previous year | -35.9% |
| 2023 | -1.44 % change on previous year | -115.4% |
| 2024 | 10.86 % change on previous year | -855.2% |
| 2025 | 5.18 % change on previous year | -52.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 14.9 % change on previous year | -0.7873 % change on previous year | 32.35 % change on previous year | 9 |
| 1980s | 13.25 % change on previous year | 7.01 % change on previous year | 29.72 % change on previous year | 10 |
| 1990s | 7.29 % change on previous year | 3.54 % change on previous year | 11.47 % change on previous year | 10 |
| 2000s | 2.72 % change on previous year | -8.55 % change on previous year | 6.2 % change on previous year | 10 |
| 2010s | 5.64 % change on previous year | 2.14 % change on previous year | 15.11 % change on previous year | 10 |
| 2020s | 4.19 % change on previous year | -13.38 % change on previous year | 14.57 % change on previous year | 6 |
Countries ranked near United Kingdom of Great Britain and Northern Ireland
- 123 Australia 5.45 % change on previous year compare
- 124 South Africa 5.31 % change on previous year compare
- 125 Bosnia and Herzegovina 5.21 % change on previous year compare
- 127 Saint Kitts and Nevis 5.17 % change on previous year compare
- 128 New Zealand 5.16 % change on previous year compare
- 129 Switzerland 5.05 % change on previous year compare
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 taxes less subsidies on products (current lcu), annual growth rate in United Kingdom of Great Britain and Northern Ireland?
- Taxes less subsidies on products (current lcu), annual growth rate in United Kingdom of Great Britain and Northern Ireland was 5.18 % change on previous year in 2025, according to Statizoid (derived).
- What is the highest taxes less subsidies on products (current lcu), annual growth rate recorded in United Kingdom of Great Britain and Northern Ireland?
- The highest recorded value was 32.35 % change on previous year in 1976.
- What is the lowest taxes less subsidies on products (current lcu), annual growth rate recorded in United Kingdom of Great Britain and Northern Ireland?
- The lowest recorded value was -13.38 % change on previous year in 2020.
- How does United Kingdom of Great Britain and Northern Ireland rank for taxes less subsidies on products (current lcu), annual growth rate?
- United Kingdom of Great Britain and Northern Ireland ranks 126th out of 197 countries with data for 2025.
- Is taxes less subsidies on products (current lcu), annual growth rate rising or falling in United Kingdom of Great Britain and Northern Ireland?
- Over the last ten years it is up 84.8%. The long-run trend across the full record is volatile.
- Where does this United Kingdom of Great Britain and Northern Ireland data come from?
- The figures come from Statizoid (derived), published as part of Taxes less subsidies on products (current LCU), annual growth rate. Statizoid updates them automatically from the source API.
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How this figure is calculated
The year-on-year percentage change in Taxes less subsidies on products (current 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 (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.