Taxes less subsidies on products (current LCU) in United Kingdom
United Kingdom: Taxes less subsidies on products (current LCU) was 297.09 billion current LCU in 2025. ◆ Volatile
Latest (2025)
297.09 billion current LCU
Change on year
up 5.2%
World rank
70th
of 199 countries
All-time high
297.09 billion current LCU
in 2025
All-time low
4.68 billion current LCU
in 1970
Years of data
56
1970–2025
Taxes less subsidies on products in United Kingdom, 1970–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.
Analysis
United Kingdom recorded 297.09 billion current LCU for taxes less subsidies on products in 2025. That is the highest value across all 56 years on record.
Compared with earlier readings it is up 5.2% on the previous year and up 43.2% over ten years.
Over the whole period, taxes less subsidies on products in United Kingdom peaked at 297.09 billion current LCU in 2025 and was at its lowest, 4.68 billion current LCU, in 1970.
That places United Kingdom 70th out of 199 countries with data for 2025, putting it 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) in United Kingdom, year by year
| Year | current LCU | Change |
|---|---|---|
| 1970 | 4.68 billion current LCU | — |
| 1971 | 4.85 billion current LCU | +3.7% |
| 1972 | 5.07 billion current LCU | +4.5% |
| 1973 | 5.38 billion current LCU | +6.3% |
| 1974 | 5.34 billion current LCU | -0.8% |
| 1975 | 6.57 billion current LCU | +22.9% |
| 1976 | 8.69 billion current LCU | +32.3% |
| 1977 | 10.73 billion current LCU | +23.5% |
| 1978 | 11.88 billion current LCU | +10.6% |
| 1979 | 15.56 billion current LCU | +31.0% |
| 1980 | 20.19 billion current LCU | +29.7% |
| 1981 | 21.65 billion current LCU | +7.2% |
| 1982 | 26.24 billion current LCU | +21.2% |
| 1983 | 28.32 billion current LCU | +7.9% |
| 1984 | 31.62 billion current LCU | +11.7% |
| 1985 | 34.80 billion current LCU | +10.1% |
| 1986 | 39.76 billion current LCU | +14.3% |
| 1987 | 44.32 billion current LCU | +11.5% |
| 1988 | 49.65 billion current LCU | +12.0% |
| 1989 | 53.12 billion current LCU | +7.0% |
| 1990 | 55.86 billion current LCU | +5.2% |
| 1991 | 62.27 billion current LCU | +11.5% |
| 1992 | 64.48 billion current LCU | +3.5% |
| 1993 | 66.92 billion current LCU | +3.8% |
| 1994 | 72.64 billion current LCU | +8.6% |
| 1995 | 79.33 billion current LCU | +9.2% |
| 1996 | 83.32 billion current LCU | +5.0% |
| 1997 | 91.51 billion current LCU | +9.8% |
| 1998 | 98.71 billion current LCU | +7.9% |
| 1999 | 107.06 billion current LCU | +8.5% |
| 2000 | 113.24 billion current LCU | +5.8% |
| 2001 | 115.02 billion current LCU | +1.6% |
| 2002 | 119.28 billion current LCU | +3.7% |
| 2003 | 125.44 billion current LCU | +5.2% |
| 2004 | 133.22 billion current LCU | +6.2% |
| 2005 | 138.84 billion current LCU | +4.2% |
| 2006 | 146.11 billion current LCU | +5.2% |
| 2007 | 154.48 billion current LCU | +5.7% |
| 2008 | 151.58 billion current LCU | -1.9% |
| 2009 | 138.62 billion current LCU | -8.5% |
| 2010 | 159.57 billion current LCU | +15.1% |
| 2011 | 178.30 billion current LCU | +11.7% |
| 2012 | 182.11 billion current LCU | +2.1% |
| 2013 | 191.53 billion current LCU | +5.2% |
| 2014 | 201.77 billion current LCU | +5.3% |
| 2015 | 207.43 billion current LCU | +2.8% |
| 2016 | 217.01 billion current LCU | +4.6% |
| 2017 | 225.72 billion current LCU | +4.0% |
| 2018 | 232.01 billion current LCU | +2.8% |
| 2019 | 238.21 billion current LCU | +2.7% |
| 2020 | 206.33 billion current LCU | -13.4% |
| 2021 | 236.40 billion current LCU | +14.6% |
| 2022 | 258.49 billion current LCU | +9.3% |
| 2023 | 254.77 billion current LCU | -1.4% |
| 2024 | 282.45 billion current LCU | +10.9% |
| 2025 | 297.09 billion current LCU | +5.2% |
United Kingdom compared with similar countries
- United Kingdom's 297.09 billion current LCU is above the median for high income countries, which is 26.91 billion current LCU, 11.0× the median. (74 countries reporting)
- United Kingdom's 297.09 billion current LCU is above the median for Europe & Central Asia, which is 40.57 billion current LCU, 7.3× the median. (55 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 7.88 billion current LCU | 4.68 billion current LCU | 15.56 billion current LCU | 10 |
| 1980s | 34.97 billion current LCU | 20.19 billion current LCU | 53.12 billion current LCU | 10 |
| 1990s | 78.21 billion current LCU | 55.86 billion current LCU | 107.06 billion current LCU | 10 |
| 2000s | 133.58 billion current LCU | 113.24 billion current LCU | 154.48 billion current LCU | 10 |
| 2010s | 203.37 billion current LCU | 159.57 billion current LCU | 238.21 billion current LCU | 10 |
| 2020s | 255.92 billion current LCU | 206.33 billion current LCU | 297.09 billion current LCU | 6 |
Countries ranked near United Kingdom
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)
- SDRs holdings, US dollar, annual growth rate 1.04 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0099 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 571.28 units per person (2025)
- SDRs holdings, SDR, annual growth rate -3.78 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0072 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 417.14 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 3.15 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0051 units per US$ of GDP (2025)
Frequently asked questions
- What is taxes less subsidies on products in United Kingdom?
- Taxes less subsidies on products in United Kingdom was 297.09 billion current 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?
- The highest recorded value was 297.09 billion current LCU in 2025.
- What is the lowest taxes less subsidies on products recorded in United Kingdom?
- The lowest recorded value was 4.68 billion current LCU in 1970.
- How does United Kingdom rank for taxes less subsidies on products?
- United Kingdom ranks 70th out of 199 countries with data for 2025.
- Is taxes less subsidies on products rising or falling in United Kingdom?
- Over the last ten years it is up 43.2%. The long-run trend across the full record is volatile.
- Where does this United Kingdom 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 (current 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 current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.