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United Kingdom Real GDP

The United Kingdom's real GDP rose to $3.27 trillion in 2024, up from $3.24 trillion in 2023, according to World Bank. This represents an increase of 1.1% ($35.62 billion) from the previous year and accounts for 3.38% of the world's total real GDP. The United Kingdom has the 6th highest real GDP. Within Europe, it ranks 2nd out of 47 countries.

The United Kingdom's GDP per capita was $47,265 in 2024, unchanged from 2023.

Yearly Historical Data (1960-2024)

(in Trillion USD)
Year Real GDP (Trillion USD)
2024 3.27
2023 3.24
2022 3.22
2021 3.07
2020 2.83
2019 3.16
2018 3.11
2017 3.06
2016 2.98
2015 2.93
2014 2.86
2013 2.78
2012 2.73
2011 2.69
2010 2.66
2009 2.6
2008 2.72
2007 2.73
2006 2.66
2005 2.6
2004 2.53
2003 2.47
2002 2.39
2001 2.35
2000 2.29
1999 2.2
1998 2.13
1997 2.06
1996 1.96
1995 1.92
1994 1.87
1993 1.8
1992 1.76
1991 1.75
1990 1.77
1989 1.75
1988 1.71
1987 1.62
1986 1.54
1985 1.49
1984 1.43
1983 1.4
1982 1.34
1981 1.31
1980 1.32
1979 1.35
1978 1.3
1977 1.25
1976 1.22
1975 1.19
1974 1.2
1973 1.23
1972 1.16
1971 1.11
1970 1.07
1969 1.05
1968 1.03
1967 0.97
1966 0.95
1965 0.93
1964 0.91
1963 0.86
1962 0.82
1961 0.81
1960 0.79
United Kingdom Real GDP : Definition
Real GDP is defined as the value of all goods and services produced in United Kingdom, measured in US dollars adjusted to 2015 prices. By fixing prices to a base year, it removes the effect of inflation, so this represents real GDP rather than nominal GDP.
Indicator Last Value Prior Value Period
GDP $3.64T $3.37T 2024
GDP Annual Growth Rate 1.1% 0.4% 2024
GDP Growth Rate (QoQ) 0.3% 0.7% Jun'25
GDP Growth Rate (YoY) 1.4% 1.7% Jun'25
GDP per Capita $47,265 $47,251.44 2024
GDP per Capita PPP $52,517.98 $52,502.92 2024
R&D Expenditure (% GDP) 2.9% 2.94% 2021