GDP deflator (base year varies by country), annual growth rate in United Kingdom of Great Britain and Northern Ireland

United Kingdom of Great Britain and Northern Ireland: GDP deflator (base year varies by country), annual growth rate was 4.01 % change on previous year in 2024. ◆ Volatile

Latest (2024)
4.01 % change on previous year
Change on year
down 41.8%
World rank
98th
of 211 countries
All-time high
25.77 % change on previous year
in 1975
All-time low
-0.1469 % change on previous year
in 1997
Years of data
54
1971–2024

GDP deflator (base year varies by country), annual growth rate in United Kingdom of Great Britain and Northern Ireland, 1971–2024

0102030197119972024

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

Analysis

The most recent figure for gdp deflator (base year varies by country), annual growth rate in United Kingdom of Great Britain and Northern Ireland is 4.01 % change on previous year, measured in 2024.

Compared with earlier readings it is down 41.8% on the previous year and up 204.2% over ten years.

Over the whole period, gdp deflator (base year varies by country), annual growth rate in United Kingdom of Great Britain and Northern Ireland peaked at 25.77 % change on previous year in 1975 and was at its lowest, -0.1469 % change on previous year, in 1997.

That places United Kingdom of Great Britain and Northern Ireland 98th 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 deflator (base year varies by country), annual growth rate in United Kingdom of Great Britain and Northern Ireland, year by year

Annual values for GDP deflator (base year varies by country), annual growth rate in United Kingdom of Great Britain and Northern Ireland, 1971 to 2024.
Year % change on previous year Change
1971 7.99 % change on previous year
1972 7.19 % change on previous year -10.0%
1973 8.41 % change on previous year +17.1%
1974 15.06 % change on previous year +79.0%
1975 25.77 % change on previous year +71.1%
1976 15.11 % change on previous year -41.4%
1977 13.71 % change on previous year -9.3%
1978 11.46 % change on previous year -16.4%
1979 14.07 % change on previous year +22.8%
1980 19.7 % change on previous year +40.1%
1981 11.57 % change on previous year -41.3%
1982 7.42 % change on previous year -35.9%
1983 5.12 % change on previous year -31.0%
1984 5.03 % change on previous year -1.8%
1985 5.51 % change on previous year +9.6%
1986 4.34 % change on previous year -21.3%
1987 5.44 % change on previous year +25.5%
1988 6.13 % change on previous year +12.7%
1989 7.94 % change on previous year +29.4%
1990 7.89 % change on previous year -0.6%
1991 6.42 % change on previous year -18.6%
1992 3.32 % change on previous year -48.3%
1993 2.73 % change on previous year -17.7%
1994 1.39 % change on previous year -49.0%
1995 11.49 % change on previous year +724.5%
1996 4.14 % change on previous year -64.0%
1997 -0.1469 % change on previous year -103.6%
1998 1.28 % change on previous year -973.9%
1999 1.38 % change on previous year +7.6%
2000 1.12 % change on previous year -18.8%
2001 1.51 % change on previous year +34.7%
2002 2.12 % change on previous year +40.2%
2003 2.39 % change on previous year +12.6%
2004 2.59 % change on previous year +8.4%
2005 2.94 % change on previous year +13.6%
2006 2.79 % change on previous year -5.1%
2007 2.25 % change on previous year -19.5%
2008 3.43 % change on previous year +52.5%
2009 1.9 % change on previous year -44.6%
2010 1.59 % change on previous year -16.2%
2011 2.2 % change on previous year +38.2%
2012 1.54 % change on previous year -29.7%
2013 2.11 % change on previous year +36.7%
2014 1.32 % change on previous year -37.5%
2015 0.6584 % change on previous year -50.1%
2016 1.96 % change on previous year +198.3%
2017 1.86 % change on previous year -5.6%
2018 1.92 % change on previous year +3.5%
2019 2.13 % change on previous year +11.1%
2020 4.97 % change on previous year +133.0%
2021 0.067 % change on previous year -98.7%
2022 5.44 % change on previous year +8024.4%
2023 6.89 % change on previous year +26.5%
2024 4.01 % change on previous year -41.8%

Averages by decade

DecadeAverage LowestHighest Years
1970s 13.2 % change on previous year 7.19 % change on previous year 25.77 % change on previous year 9
1980s 7.82 % change on previous year 4.34 % change on previous year 19.7 % change on previous year 10
1990s 3.99 % change on previous year -0.1469 % change on previous year 11.49 % change on previous year 10
2000s 2.3 % change on previous year 1.12 % change on previous year 3.43 % change on previous year 10
2010s 1.73 % change on previous year 0.6584 % change on previous year 2.2 % change on previous year 10
2020s 4.28 % change on previous year 0.067 % change on previous year 6.89 % change on previous year 5

Countries ranked near United Kingdom of Great Britain and Northern Ireland

  1. 95 Chad 4.1 % change on previous year compare
  2. 96 Faroe Islands 4.07 % change on previous year compare
  3. 97 Republic of Korea 4.07 % change on previous year compare
  4. 99 Czechia 3.98 % change on previous year compare
  5. 100 Montenegro 3.96 % change on previous year compare
  6. 101 French Polynesia 3.96 % change on previous year compare

See the full ranking of 211 places →

More population data for United Kingdom of Great Britain and Northern Ireland

All data for United Kingdom of Great Britain and Northern Ireland →

Frequently asked questions

What is gdp deflator (base year varies by country), annual growth rate in United Kingdom of Great Britain and Northern Ireland?
Gdp deflator (base year varies by country), annual growth rate in United Kingdom of Great Britain and Northern Ireland was 4.01 % change on previous year in 2024, according to Statizoid (derived).
What is the highest gdp deflator (base year varies by country), annual growth rate recorded in United Kingdom of Great Britain and Northern Ireland?
The highest recorded value was 25.77 % change on previous year in 1975.
What is the lowest gdp deflator (base year varies by country), annual growth rate recorded in United Kingdom of Great Britain and Northern Ireland?
The lowest recorded value was -0.1469 % change on previous year in 1997.
How does United Kingdom of Great Britain and Northern Ireland rank for gdp deflator (base year varies by country), annual growth rate?
United Kingdom of Great Britain and Northern Ireland ranks 98th out of 211 countries with data for 2024.
Is gdp deflator (base year varies by country), annual growth rate rising or falling in United Kingdom of Great Britain and Northern Ireland?
Over the last ten years it is up 204.2%. The long-run trend across the full record is volatile.
Where does this United Kingdom of Great Britain and Northern Ireland data come from?
The figures come from Statizoid (derived), published as part of GDP deflator (base year varies by country), annual growth rate. Statizoid updates them automatically from the source API.

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GDP deflator (base year varies by country), annual growth rate in United Kingdom of Great Britain and Northern Ireland. Statizoid, drawing on Statizoid (derived). Retrieved 04 September 2026, from https://population.statizoid.com/stat/gdp-deflator-base-year-varies-by-country-annual-growth-rate/united-kingdom/

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<a href="https://population.statizoid.com/stat/gdp-deflator-base-year-varies-by-country-annual-growth-rate/united-kingdom/">GDP deflator (base year varies by country), annual growth rate in United Kingdom of Great Britain and Northern Ireland</a> — Statizoid

How this figure is calculated

The year-on-year percentage change in GDP deflator (base year varies by country). 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 deflator (base year varies by country), 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, 9,847 data points, 1971–2024
Last refreshed

The year-on-year percentage change in GDP deflator (base year varies by country). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.