UK GDP 1960-2027
The live counter shows estimated figures for United Kingdom GDP (from January 1, 2023 up to the current moment) based on the latest IMF estimates.
In the long-term, the UK GDP is projected to trend around $3.68 Trillion in the end of 2023, based on the latest IMF estimates.
Gross domestic product (GDP) of the United Kingdom 2027 (in U.S. dollars)
(in billion U.S. dollars)
UK GDP Growth Rate 1960-2027
UK GDP 2023
The statistic shows the GDP of the United Kingdom between 1960 and 2023, with projections up until 2027, in US dollars.
The gross domestic product of the United Kingdom is beginning to show signs of recovery since seeing a sharp decline in the wake of the financial crisis. The decreasing unemployment rate in the United Kingdom is also indicating that the worst could be over for the country. However, some concerns have arisen about what forms of employment are being represented, how stable the jobs are, and whether or not they are simply being cited by officials in government as validation for reforms that are criticized by opponents as being ‘ideologically motivated’. Whatever the political motivation, the coalition government’s efforts to let the private sector lead the economic recovery through increasing employment in the UK in the private sector appear, for now at least, to be working.
UK GDP 1960-2027
| Year | GDP (billion US$) | Growth Rate (%) |
|---|---|---|
| 2027* | 4,551.55 | 1.50% |
| 2026* | 4,345.97 | 1.84% |
| 2025* | 4,131.68 | 2.24% |
| 2024* | 3,914.82 | 1.45% |
| 2023* | 3,686.94 | 1.20% |
| 2022* | 3,376.00 | 3.75% |
| 2021* | 3,187.63 | 7.44% |
| 2020 | 2,758.87 | -9.27% |
| 2019 | 2,880.36 | 1.67% |
| 2018 | 2,904.51 | 1.65% |
| 2017 | 2,701.27 | 2.13% |
| 2016 | 2,703.24 | 2.26% |
| 2015 | 2,929.24 | 2.62% |
| 2014 | 3,065.40 | 2.99% |
| 2013 | 2,787.84 | 1.89% |
| 2012 | 2,705.37 | 1.47% |
| 2011 | 2,660.22 | 1.46% |
| 2010 | 2,477.67 | 2.13% |
| 2009 | 2,419.54 | -4.25% |
| 2008 | 2,953.57 | -0.24% |
| 2007 | 3,102.07 | 2.27% |
| 2006 | 2,717.57 | 2.58% |
| 2005 | 2,541.53 | 2.59% |
| 2004 | 2,418.02 | 2.36% |
| 2003 | 2,054.89 | 3.03% |
| 2002 | 1,787.29 | 2.12% |
| 2001 | 1,640.67 | 2.07% |
| 2000 | 1,660.96 | 3.67% |
| 1999 | 1,682.82 | 2.99% |
| 1998 | 1,650.33 | 3.15% |
| 1997 | 1,559.41 | 4.91% |
| 1996 | 1,416.81 | 2.43% |
| 1995 | 1,341.85 | 2.53% |
| 1994 | 1,239.69 | 3.85% |
| 1993 | 1,154.09 | 2.49% |
| 1992 | 1,289.04 | 0.40% |
| 1991 | 1,247.85 | -1.10% |
| 1990 | 1,193.66 | 0.73% |
| 1989 | 1,007.42 | 2.58% |
| 1988 | 989.54 | 5.73% |
| 1987 | 812.98 | 5.39% |
| 1986 | $601.45B | 3.15% |
| 1985 | $489.29B | 4.15% |
| 1984 | $461.49B | 2.27% |
| 1983 | $489.62B | 4.22% |
| 1982 | $515.05B | 1.99% |
| 1981 | $540.77B | -0.79% |
| 1980 | $564.95B | -2.03% |
| 1979 | $438.99B | 3.75% |
| 1978 | $335.88B | 4.20% |
| 1977 | $263.07B | 2.46% |
| 1976 | $232.61B | 2.91% |
| 1975 | $241.76B | -1.47% |
| 1974 | $206.13B | -2.48% |
| 1973 | $192.54B | 6.52% |
| 1972 | $169.97B | 4.32% |
| 1971 | $148.11B | 3.50% |
| 1970 | $130.67B | 6.32% |
| 1969 | $116.46B | 1.92% |
| 1968 | $107.76B | 5.44% |
| 1967 | $113.12B | 2.79% |
| 1966 | $108.57B | 1.57% |
| 1965 | $101.82B | 2.14% |
| 1964 | $94.41B | 5.53% |
| 1963 | $86.56B | 4.87% |
| 1962 | $81.25B | 1.10% |
| 1961 | $77.74B | 2.68% |
| 1960 | $73.23B | % |
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