Taxes less subsidies on products (current LCU), per unit of GDP in United Kingdom of Great Britain and Northern Ireland
United Kingdom of Great Britain and Northern Ireland: Taxes less subsidies on products (current LCU), per unit of GDP was 0.0742 current LCU per US$ of GDP in 2025. ▲ Rising
Latest (2025)
0.0742 current LCU per US$ of GDP
Change on year
down 2.9%
World rank
172nd
of 197 countries
All-time high
0.0836 current LCU per US$ of GDP
in 2017
All-time low
0.0259 current LCU per US$ of GDP
in 1974
Years of data
56
1970–2025
Taxes less subsidies on products (current LCU), per unit of GDP in United Kingdom of Great Britain and Northern Ireland, 1970–2025
Source: Statizoid (derived). Measured in current LCU per US$ of GDP.
Analysis
In 2025, taxes less subsidies on products (current lcu), per unit of gdp in United Kingdom of Great Britain and Northern Ireland stood at 0.0742 current LCU per US$ of GDP.
That represents a change of down 2.9% on the previous year and up 5.4% over ten years.
Over the whole period, taxes less subsidies on products (current lcu), per unit of gdp in United Kingdom of Great Britain and Northern Ireland peaked at 0.0836 current LCU per US$ of GDP in 2017 and was at its lowest, 0.0259 current LCU per US$ of GDP, in 1974.
That places United Kingdom of Great Britain and Northern Ireland 172nd out of 197 countries with data for 2025, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 56 years of available data.
Taxes less subsidies on products (current LCU), per unit of GDP in United Kingdom of Great Britain and Northern Ireland, year by year
| Year | current LCU per US$ of GDP | Change |
|---|---|---|
| 1970 | 0.0358 current LCU per US$ of GDP | — |
| 1971 | 0.0328 current LCU per US$ of GDP | -8.5% |
| 1972 | 0.0298 current LCU per US$ of GDP | -9.0% |
| 1973 | 0.028 current LCU per US$ of GDP | -6.2% |
| 1974 | 0.0259 current LCU per US$ of GDP | -7.3% |
| 1975 | 0.0272 current LCU per US$ of GDP | +4.8% |
| 1976 | 0.0374 current LCU per US$ of GDP | +37.6% |
| 1977 | 0.0408 current LCU per US$ of GDP | +9.2% |
| 1978 | 0.0354 current LCU per US$ of GDP | -13.3% |
| 1979 | 0.0355 current LCU per US$ of GDP | +0.3% |
| 1980 | 0.0357 current LCU per US$ of GDP | +0.8% |
| 1981 | 0.04 current LCU per US$ of GDP | +12.0% |
| 1982 | 0.051 current LCU per US$ of GDP | +27.3% |
| 1983 | 0.0578 current LCU per US$ of GDP | +13.5% |
| 1984 | 0.0685 current LCU per US$ of GDP | +18.5% |
| 1985 | 0.0711 current LCU per US$ of GDP | +3.8% |
| 1986 | 0.0661 current LCU per US$ of GDP | -7.1% |
| 1987 | 0.0595 current LCU per US$ of GDP | -10.0% |
| 1988 | 0.0545 current LCU per US$ of GDP | -8.3% |
| 1989 | 0.0573 current LCU per US$ of GDP | +5.1% |
| 1990 | 0.0511 current LCU per US$ of GDP | -10.8% |
| 1991 | 0.0545 current LCU per US$ of GDP | +6.6% |
| 1992 | 0.0547 current LCU per US$ of GDP | +0.3% |
| 1993 | 0.0631 current LCU per US$ of GDP | +15.4% |
| 1994 | 0.0637 current LCU per US$ of GDP | +1.0% |
| 1995 | 0.0588 current LCU per US$ of GDP | -7.7% |
| 1996 | 0.0585 current LCU per US$ of GDP | -0.6% |
| 1997 | 0.0583 current LCU per US$ of GDP | -0.2% |
| 1998 | 0.0594 current LCU per US$ of GDP | +1.9% |
| 1999 | 0.0632 current LCU per US$ of GDP | +6.4% |
| 2000 | 0.0677 current LCU per US$ of GDP | +7.1% |
| 2001 | 0.0694 current LCU per US$ of GDP | +2.5% |
| 2002 | 0.0666 current LCU per US$ of GDP | -4.1% |
| 2003 | 0.0609 current LCU per US$ of GDP | -8.6% |
| 2004 | 0.0548 current LCU per US$ of GDP | -9.9% |
| 2005 | 0.0544 current LCU per US$ of GDP | -0.7% |
| 2006 | 0.0537 current LCU per US$ of GDP | -1.3% |
| 2007 | 0.0498 current LCU per US$ of GDP | -7.4% |
| 2008 | 0.0515 current LCU per US$ of GDP | +3.4% |
| 2009 | 0.0571 current LCU per US$ of GDP | +10.9% |
| 2010 | 0.0639 current LCU per US$ of GDP | +12.0% |
| 2011 | 0.0666 current LCU per US$ of GDP | +4.3% |
| 2012 | 0.067 current LCU per US$ of GDP | +0.5% |
| 2013 | 0.0685 current LCU per US$ of GDP | +2.3% |
| 2014 | 0.0654 current LCU per US$ of GDP | -4.5% |
| 2015 | 0.0704 current LCU per US$ of GDP | +7.7% |
| 2016 | 0.0802 current LCU per US$ of GDP | +13.9% |
| 2017 | 0.0836 current LCU per US$ of GDP | +4.3% |
| 2018 | 0.0801 current LCU per US$ of GDP | -4.2% |
| 2019 | 0.0828 current LCU per US$ of GDP | +3.4% |
| 2020 | 0.0757 current LCU per US$ of GDP | -8.6% |
| 2021 | 0.074 current LCU per US$ of GDP | -2.3% |
| 2022 | 0.0813 current LCU per US$ of GDP | +9.8% |
| 2023 | 0.0745 current LCU per US$ of GDP | -8.3% |
| 2024 | 0.0764 current LCU per US$ of GDP | +2.6% |
| 2025 | 0.0742 current LCU per US$ of GDP | -2.9% |
United Kingdom of Great Britain and Northern Ireland compared with similar countries
- United Kingdom of Great Britain and Northern Ireland's 0.0742 current LCU per US$ of GDP is below the median for high income countries, which is 0.1155 current LCU per US$ of GDP, 64% of the median. (74 countries reporting)
- United Kingdom of Great Britain and Northern Ireland's 0.0742 current LCU per US$ of GDP is below the median for Europe & Central Asia, which is 0.1633 current LCU per US$ of GDP, 45% of the median. (55 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.0328 current LCU per US$ of GDP | 0.0259 current LCU per US$ of GDP | 0.0408 current LCU per US$ of GDP | 10 |
| 1980s | 0.0562 current LCU per US$ of GDP | 0.0357 current LCU per US$ of GDP | 0.0711 current LCU per US$ of GDP | 10 |
| 1990s | 0.0585 current LCU per US$ of GDP | 0.0511 current LCU per US$ of GDP | 0.0637 current LCU per US$ of GDP | 10 |
| 2000s | 0.0586 current LCU per US$ of GDP | 0.0498 current LCU per US$ of GDP | 0.0694 current LCU per US$ of GDP | 10 |
| 2010s | 0.0729 current LCU per US$ of GDP | 0.0639 current LCU per US$ of GDP | 0.0836 current LCU per US$ of GDP | 10 |
| 2020s | 0.076 current LCU per US$ of GDP | 0.074 current LCU per US$ of GDP | 0.0813 current LCU per US$ of GDP | 6 |
Countries ranked near United Kingdom of Great Britain and Northern Ireland
- 169 Andorra 0.0791 current LCU per US$ of GDP compare
- 170 Ecuador 0.0765 current LCU per US$ of GDP compare
- 171 Singapore 0.0747 current LCU per US$ of GDP compare
- 173 Jordan 0.0731 current LCU per US$ of GDP compare
- 174 Malta 0.0719 current LCU per US$ of GDP compare
- 175 San Marino 0.0677 current LCU per US$ of GDP 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$), annual growth rate 22.77 % change on previous year (2025)
All data for United Kingdom of Great Britain and Northern Ireland →
Frequently asked questions
- What is taxes less subsidies on products (current lcu), per unit of gdp in United Kingdom of Great Britain and Northern Ireland?
- Taxes less subsidies on products (current lcu), per unit of gdp in United Kingdom of Great Britain and Northern Ireland was 0.0742 current LCU per US$ of GDP in 2025, according to Statizoid (derived).
- What is the highest taxes less subsidies on products (current lcu), per unit of gdp recorded in United Kingdom of Great Britain and Northern Ireland?
- The highest recorded value was 0.0836 current LCU per US$ of GDP in 2017.
- What is the lowest taxes less subsidies on products (current lcu), per unit of gdp recorded in United Kingdom of Great Britain and Northern Ireland?
- The lowest recorded value was 0.0259 current LCU per US$ of GDP in 1974.
- How does United Kingdom of Great Britain and Northern Ireland rank for taxes less subsidies on products (current lcu), per unit of gdp?
- United Kingdom of Great Britain and Northern Ireland ranks 172nd out of 197 countries with data for 2025.
- Is taxes less subsidies on products (current lcu), per unit of gdp rising or falling in United Kingdom of Great Britain and Northern Ireland?
- Over the last ten years it is up 5.4%. 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 Statizoid (derived), published as part of Taxes less subsidies on products (current 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 (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Taxes less subsidies on products (current LCU) ÷ GDP (current US$)
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 (current 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.