GDP (current US$), annual growth rate in United Kingdom

United Kingdom: GDP (current US$), annual growth rate was 8.13 % change on previous year in 2024. ◆ Volatile

Latest (2024)
8.13 % change on previous year
Change on year
down 1.0%
World rank
66th
of 211 countries
All-time high
30.7 % change on previous year
in 1979
All-time low
-17.63 % change on previous year
in 2009
Years of data
54
1971–2024

GDP (current US$), annual growth rate in United Kingdom, 1971–2024

-20-100102030197119972024

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

United Kingdom recorded 8.13 % change on previous year for gdp (current us$), annual growth rate in 2024.

Compared with earlier readings it is down 1.0% on the previous year and down 19.1% over ten years.

Over the whole period, gdp (current us$), annual growth rate in United Kingdom peaked at 30.7 % change on previous year in 1979 and was at its lowest, -17.63 % change on previous year, in 2009.

That places United Kingdom 66th out of 211 countries with data for 2024, putting it in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

GDP (current US$), annual growth rate in United Kingdom, year by year

Annual values for GDP (current US$), annual growth rate in United Kingdom, 1971 to 2024.
Year % change on previous year Change
1971 13.35 % change on previous year
1972 14.75 % change on previous year +10.5%
1973 13.28 % change on previous year -10.0%
1974 7.06 % change on previous year -46.8%
1975 17.28 % change on previous year +144.8%
1976 -3.78 % change on previous year -121.9%
1977 13.09 % change on previous year -446.2%
1978 27.68 % change on previous year +111.4%
1979 30.7 % change on previous year +10.9%
1980 28.69 % change on previous year -6.5%
1981 -4.28 % change on previous year -114.9%
1982 -4.76 % change on previous year +11.1%
1983 -4.94 % change on previous year +3.8%
1984 -5.75 % change on previous year +16.4%
1985 6.02 % change on previous year -204.8%
1986 22.92 % change on previous year +280.6%
1987 23.89 % change on previous year +4.2%
1988 22.14 % change on previous year -7.4%
1989 1.84 % change on previous year -91.7%
1990 17.94 % change on previous year +874.1%
1991 4.54 % change on previous year -74.7%
1992 3.23 % change on previous year -29.0%
1993 -10.03 % change on previous year -410.8%
1994 7.45 % change on previous year -174.3%
1995 17.87 % change on previous year +139.7%
1996 5.61 % change on previous year -68.6%
1997 9.95 % change on previous year +77.4%
1998 5.94 % change on previous year -40.3%
1999 2.06 % change on previous year -65.3%
2000 -1.32 % change on previous year -164.0%
2001 -0.9426 % change on previous year -28.7%
2002 8.24 % change on previous year -973.8%
2003 15.05 % change on previous year +82.7%
2004 17.87 % change on previous year +18.8%
2005 5.02 % change on previous year -71.9%
2006 6.5 % change on previous year +29.4%
2007 14.11 % change on previous year +117.1%
2008 -5.21 % change on previous year -137.0%
2009 -17.63 % change on previous year +238.3%
2010 3.01 % change on previous year -117.1%
2011 7.17 % change on previous year +138.3%
2012 1.62 % change on previous year -77.4%
2013 2.87 % change on previous year +76.8%
2014 10.05 % change on previous year +249.9%
2015 -4.46 % change on previous year -144.4%
2016 -8.16 % change on previous year +82.7%
2017 -0.3332 % change on previous year -95.9%
2018 7.13 % change on previous year -2241.0%
2019 -0.6941 % change on previous year -109.7%
2020 -5.42 % change on previous year +681.3%
2021 16.56 % change on previous year -405.3%
2022 -0.9315 % change on previous year -105.6%
2023 8.22 % change on previous year -981.9%
2024 8.13 % change on previous year -1.0%

United Kingdom compared with similar countries

  • United Kingdom's 8.13 % change on previous year is above the median for high income countries, which is 5.39 % change on previous year, 1.5× the median. (82 countries reporting)
  • United Kingdom's 8.13 % change on previous year is above the median for Europe & Central Asia, which is 5.96 % change on previous year, 1.4× the median. (55 countries reporting)

Biggest year-on-year movements

Years where GDP (current US$), annual growth rate in United Kingdom changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
2018 +2241.0% -0.3332 % change on previous year 7.13 % change on previous year
2002 +973.8% -0.9426 % change on previous year 8.24 % change on previous year
2023 +981.9% -0.9315 % change on previous year 8.22 % change on previous year
1990 +874.1% 1.84 % change on previous year 17.94 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1970s 14.82 % change on previous year -3.78 % change on previous year 30.7 % change on previous year 9
1980s 8.58 % change on previous year -5.75 % change on previous year 28.69 % change on previous year 10
1990s 6.46 % change on previous year -10.03 % change on previous year 17.94 % change on previous year 10
2000s 4.17 % change on previous year -17.63 % change on previous year 17.87 % change on previous year 10
2010s 1.82 % change on previous year -8.16 % change on previous year 10.05 % change on previous year 10
2020s 5.31 % change on previous year -5.42 % change on previous year 16.56 % change on previous year 5

Countries ranked near United Kingdom

  1. 63 Togo 8.23 % change on previous year compare
  2. 64 Liberia 8.2 % change on previous year compare
  3. 65 Cayman Islands 8.16 % change on previous year compare
  4. 67 Marshall Islands 8.12 % change on previous year compare
  5. 68 Comoros 8.08 % change on previous year compare
  6. 69 Mali 7.99 % change on previous year compare

See the full ranking of 211 places →

More population data for United Kingdom

All data for United Kingdom →

Frequently asked questions

What is gdp (current us$), annual growth rate in United Kingdom?
Gdp (current us$), annual growth rate in United Kingdom was 8.13 % change on previous year in 2024, according to Statizoid (derived).
What is the highest gdp (current us$), annual growth rate recorded in United Kingdom?
The highest recorded value was 30.7 % change on previous year in 1979.
What is the lowest gdp (current us$), annual growth rate recorded in United Kingdom?
The lowest recorded value was -17.63 % change on previous year in 2009.
How does United Kingdom rank for gdp (current us$), annual growth rate?
United Kingdom ranks 66th out of 211 countries with data for 2024.
Is gdp (current us$), annual growth rate rising or falling in United Kingdom?
Over the last ten years it is down 19.1%. The long-run trend across the full record is volatile.
Where does this United Kingdom data come from?
The figures come from Statizoid (derived), published as part of GDP (current US$), annual growth rate. Statizoid updates them automatically from the source API.

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GDP (current US$), annual growth rate in United Kingdom. Statizoid, drawing on Statizoid (derived). Retrieved 21 September 2026, from https://population.statizoid.com/stat/gdp-current-us-annual-growth-rate-2/united-kingdom/

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How this figure is calculated

The year-on-year percentage change in GDP (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

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

Indicator
GDP (current US$), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
211 places, 10,102 data points, 1971–2024
Last refreshed

The year-on-year percentage change in GDP (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.