United Kingdom - GDP

GDP (current US$)

The latest value for GDP (current US$) in United Kingdom was $2,759,800,000,000 as of 2020. Over the past 60 years, the value for this indicator has fluctuated between $3,106,180,000,000 in 2007 and $73,233,970,000 in 1960.

Definition: GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current U.S. dollars. Dollar figures for GDP are converted from domestic currencies using single year official exchange rates. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1960 $73,233,970,000
1961 $77,741,970,000
1962 $81,247,570,000
1963 $86,561,960,000
1964 $94,407,560,000
1965 $101,825,000,000
1966 $108,573,000,000
1967 $113,117,000,000
1968 $107,760,000,000
1969 $116,465,000,000
1970 $130,672,000,000
1971 $148,114,000,000
1972 $169,965,000,000
1973 $192,538,000,000
1974 $206,131,000,000
1975 $241,757,000,000
1976 $232,615,000,000
1977 $263,066,000,000
1978 $335,883,000,000
1979 $438,994,000,000
1980 $564,948,000,000
1981 $540,766,000,000
1982 $515,049,000,000
1983 $489,618,000,000
1984 $461,487,000,000
1985 $489,285,000,000
1986 $601,453,000,000
1987 $745,163,000,000
1988 $910,123,000,000
1989 $926,885,000,000
1990 $1,093,170,000,000
1991 $1,142,800,000,000
1992 $1,179,660,000,000
1993 $1,061,390,000,000
1994 $1,140,490,000,000
1995 $1,346,420,000,000
1996 $1,421,510,000,000
1997 $1,559,570,000,000
1998 $1,653,390,000,000
1999 $1,685,760,000,000
2000 $1,662,130,000,000
2001 $1,643,910,000,000
2002 $1,784,080,000,000
2003 $2,057,090,000,000
2004 $2,421,810,000,000
2005 $2,544,830,000,000
2006 $2,717,060,000,000
2007 $3,106,180,000,000
2008 $2,938,880,000,000
2009 $2,425,800,000,000
2010 $2,491,110,000,000
2011 $2,674,890,000,000
2012 $2,719,160,000,000
2013 $2,803,290,000,000
2014 $3,087,170,000,000
2015 $2,956,570,000,000
2016 $2,722,850,000,000
2017 $2,699,020,000,000
2018 $2,900,790,000,000
2019 $2,878,670,000,000
2020 $2,759,800,000,000

GDP (current LCU)

The value for GDP (current LCU) in United Kingdom was 2,152,650,000,000 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 2,255,280,000,000 in 2019 and a minimum value of 26,155,000,000 in 1960.

Definition: GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1960 26,155,000,000
1961 27,765,000,000
1962 29,017,000,000
1963 30,915,000,000
1964 33,717,000,000
1965 36,366,000,000
1966 38,776,000,000
1967 40,960,000,000
1968 44,900,000,000
1969 48,527,000,000
1970 54,451,000,000
1971 60,860,000,000
1972 68,054,000,000
1973 78,594,000,000
1974 88,183,000,000
1975 109,274,000,000
1976 129,450,000,000
1977 150,816,000,000
1978 175,163,000,000
1979 207,293,000,000
1980 243,097,000,000
1981 269,085,000,000
1982 294,814,000,000
1983 323,001,000,000
1984 346,946,000,000
1985 381,251,000,000
1986 410,311,000,000
1987 455,965,000,000
1988 511,671,000,000
1989 566,512,000,000
1990 615,673,000,000
1991 647,966,000,000
1992 672,170,000,000
1993 707,734,000,000
1994 745,196,000,000
1995 853,228,000,000
1996 911,191,000,000
1997 952,585,000,000
1998 998,318,000,000
1999 1,041,970,000,000
2000 1,098,500,000,000
2001 1,142,020,000,000
2002 1,190,340,000,000
2003 1,259,970,000,000
2004 1,322,800,000,000
2005 1,399,660,000,000
2006 1,476,720,000,000
2007 1,552,470,000,000
2008 1,598,750,000,000
2009 1,557,120,000,000
2010 1,612,200,000,000
2011 1,669,510,000,000
2012 1,721,360,000,000
2013 1,793,160,000,000
2014 1,876,160,000,000
2015 1,935,210,000,000
2016 2,016,640,000,000
2017 2,097,140,000,000
2018 2,174,380,000,000
2019 2,255,280,000,000
2020 2,152,650,000,000

GDP at market prices: linked series (current LCU)

The latest value for GDP at market prices: linked series (current LCU) in United Kingdom was 2,152,650,000,000 as of 2020. Over the past 30 years, the value for this indicator has fluctuated between 2,255,280,000,000 in 2019 and 615,673,000,000 in 1990.

Definition: GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. This series has been linked to produce a consistent time series to counteract breaks in series over time due to changes in base years, source data and methodologies. Thus, it may not be comparable with other national accounts series in the database for historical years. Data are in current local currency.

Source: World Bank staff estimates based on World Bank national accounts data archives, OECD National Accounts, and the IMF WEO database.

Year Value
1990 615,673,000,000
1991 647,966,000,000
1992 672,170,000,000
1993 707,734,000,000
1994 745,196,000,000
1995 853,228,000,000
1996 911,191,000,000
1997 952,585,000,000
1998 998,318,000,000
1999 1,041,970,000,000
2000 1,098,500,000,000
2001 1,142,020,000,000
2002 1,190,340,000,000
2003 1,259,970,000,000
2004 1,322,800,000,000
2005 1,399,660,000,000
2006 1,476,720,000,000
2007 1,552,470,000,000
2008 1,598,750,000,000
2009 1,557,120,000,000
2010 1,612,200,000,000
2011 1,669,510,000,000
2012 1,721,360,000,000
2013 1,793,160,000,000
2014 1,876,160,000,000
2015 1,935,210,000,000
2016 2,016,640,000,000
2017 2,097,140,000,000
2018 2,174,380,000,000
2019 2,255,280,000,000
2020 2,152,650,000,000

GDP (constant 2010 US$)

The latest value for GDP (constant 2010 US$) in United Kingdom was 2,891,620,000,000 as of 2020. Over the past 60 years, the value for this indicator has fluctuated between 3,191,490,000,000 in 2019 and 781,540,000,000 in 1960.

Definition: GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant 2010 U.S. dollars. Dollar figures for GDP are converted from domestic currencies using 2010 official exchange rates. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1960 781,540,000,000
1961 802,463,000,000
1962 811,313,000,000
1963 850,859,000,000
1964 897,943,000,000
1965 917,179,000,000
1966 931,607,000,000
1967 957,566,000,000
1968 1,009,670,000,000
1969 1,029,090,000,000
1970 1,094,110,000,000
1971 1,132,460,000,000
1972 1,181,400,000,000
1973 1,258,470,000,000
1974 1,227,210,000,000
1975 1,209,120,000,000
1976 1,244,310,000,000
1977 1,274,890,000,000
1978 1,328,490,000,000
1979 1,378,300,000,000
1980 1,350,300,000,000
1981 1,339,660,000,000
1982 1,366,390,000,000
1983 1,424,070,000,000
1984 1,456,390,000,000
1985 1,516,790,000,000
1986 1,564,570,000,000
1987 1,648,950,000,000
1988 1,743,470,000,000
1989 1,788,410,000,000
1990 1,801,530,000,000
1991 1,781,660,000,000
1992 1,788,810,000,000
1993 1,833,340,000,000
1994 1,903,860,000,000
1995 1,952,050,000,000
1996 1,999,460,000,000
1997 2,097,620,000,000
1998 2,163,770,000,000
1999 2,228,470,000,000
2000 2,310,310,000,000
2001 2,358,200,000,000
2002 2,408,260,000,000
2003 2,481,230,000,000
2004 2,539,680,000,000
2005 2,605,540,000,000
2006 2,672,870,000,000
2007 2,733,530,000,000
2008 2,726,980,000,000
2009 2,611,160,000,000
2010 2,666,810,000,000
2011 2,705,680,000,000
2012 2,745,450,000,000
2013 2,797,340,000,000
2014 2,881,020,000,000
2015 2,956,570,000,000
2016 3,023,490,000,000
2017 3,088,030,000,000
2018 3,139,010,000,000
2019 3,191,490,000,000
2020 2,891,620,000,000

GDP (constant LCU)

The value for GDP (constant LCU) in United Kingdom was 1,892,690,000,000 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 2,088,980,000,000 in 2019 and a minimum value of 511,553,000,000 in 1960.

Definition: GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1960 511,553,000,000
1961 525,248,000,000
1962 531,041,000,000
1963 556,926,000,000
1964 587,745,000,000
1965 600,335,000,000
1966 609,779,000,000
1967 626,770,000,000
1968 660,873,000,000
1969 673,589,000,000
1970 716,146,000,000
1971 741,245,000,000
1972 773,279,000,000
1973 823,727,000,000
1974 803,262,000,000
1975 791,425,000,000
1976 814,457,000,000
1977 834,475,000,000
1978 869,558,000,000
1979 902,158,000,000
1980 883,832,000,000
1981 876,869,000,000
1982 894,362,000,000
1983 932,121,000,000
1984 953,271,000,000
1985 992,808,000,000
1986 1,024,080,000,000
1987 1,079,310,000,000
1988 1,141,180,000,000
1989 1,170,600,000,000
1990 1,179,190,000,000
1991 1,166,180,000,000
1992 1,170,860,000,000
1993 1,200,010,000,000
1994 1,246,160,000,000
1995 1,277,710,000,000
1996 1,308,740,000,000
1997 1,372,980,000,000
1998 1,416,290,000,000
1999 1,458,640,000,000
2000 1,512,200,000,000
2001 1,543,550,000,000
2002 1,576,320,000,000
2003 1,624,080,000,000
2004 1,662,340,000,000
2005 1,705,450,000,000
2006 1,749,520,000,000
2007 1,789,220,000,000
2008 1,784,930,000,000
2009 1,709,120,000,000
2010 1,745,550,000,000
2011 1,770,990,000,000
2012 1,797,020,000,000
2013 1,830,990,000,000
2014 1,885,760,000,000
2015 1,935,210,000,000
2016 1,979,010,000,000
2017 2,021,260,000,000
2018 2,054,630,000,000
2019 2,088,980,000,000
2020 1,892,690,000,000

GDP, PPP (current international $)

The latest value for GDP, PPP (current international $) in United Kingdom was 3,124,360,000,000 as of 2020. Over the past 30 years, the value for this indicator has fluctuated between 3,277,750,000,000 in 2019 and 978,052,000,000 in 1990.

Definition: PPP GDP is gross domestic product converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as the U.S. dollar has in the United States. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current international dollars. For most economies PPP figures are extrapolated from the 2011 International Comparison Program (ICP) benchmark estimates or imputed using a statistical model based on the 2011 ICP. For 47 high- and upper middle-income economies conversion factors are provided by Eurostat and the Organisation for Economic Co-operation and Development (OECD).

Source: World Bank, International Comparison Program database.

See also:

Year Value
1990 978,052,000,000
1991 999,974,000,000
1992 1,026,860,000,000
1993 1,077,380,000,000
1994 1,142,710,000,000
1995 1,196,200,000,000
1996 1,277,870,000,000
1997 1,344,180,000,000
1998 1,385,180,000,000
1999 1,435,580,000,000
2000 1,559,010,000,000
2001 1,643,950,000,000
2002 1,725,430,000,000
2003 1,810,620,000,000
2004 1,923,120,000,000
2005 1,977,980,000,000
2006 2,120,240,000,000
2007 2,188,920,000,000
2008 2,278,430,000,000
2009 2,192,900,000,000
2010 2,295,780,000,000
2011 2,364,570,000,000
2012 2,453,350,000,000
2013 2,579,160,000,000
2014 2,686,200,000,000
2015 2,794,320,000,000
2016 2,928,590,000,000
2017 3,063,310,000,000
2018 3,161,750,000,000
2019 3,277,750,000,000
2020 3,124,360,000,000

GDP, PPP (constant 2011 international $)

The latest value for GDP, PPP (constant 2011 international $) in United Kingdom was 2,868,470,000,000 as of 2020. Over the past 30 years, the value for this indicator has fluctuated between 3,165,940,000,000 in 2019 and 1,767,400,000,000 in 1991.

Definition: PPP GDP is gross domestic product converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as the U.S. dollar has in the United States. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant 2011 international dollars.

Source: World Bank, International Comparison Program database.

See also:

Year Value
1990 1,787,110,000,000
1991 1,767,400,000,000
1992 1,774,490,000,000
1993 1,818,670,000,000
1994 1,888,610,000,000
1995 1,936,430,000,000
1996 1,983,450,000,000
1997 2,080,820,000,000
1998 2,146,450,000,000
1999 2,210,630,000,000
2000 2,291,810,000,000
2001 2,339,320,000,000
2002 2,388,980,000,000
2003 2,461,370,000,000
2004 2,519,350,000,000
2005 2,584,680,000,000
2006 2,651,470,000,000
2007 2,711,650,000,000
2008 2,705,150,000,000
2009 2,590,250,000,000
2010 2,645,460,000,000
2011 2,684,020,000,000
2012 2,723,470,000,000
2013 2,774,950,000,000
2014 2,857,950,000,000
2015 2,932,900,000,000
2016 2,999,290,000,000
2017 3,063,310,000,000
2018 3,113,880,000,000
2019 3,165,940,000,000
2020 2,868,470,000,000

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts