The Gross Domestic Product (GDP) in the United Kingdom was worth 2707.74 billion US dollars in 2020, according to official data from the World Bank. The GDP value of the United Kingdom represents 2.40 percent of the world economy. source: World Bank

GDP in the United Kingdom averaged 1252.74 USD Billion from 1960 until 2020, reaching an all time high of 3093.58 USD Billion in 2007 and a record low of 73.23 USD Billion in 1960. This page provides the latest reported value for - United Kingdom GDP - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. United Kingdom GDP - values, historical data and charts - was last updated on July of 2021.

GDP in the United Kingdom is expected to reach 2460.00 USD Billion by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the United Kingdom GDP is projected to trend around 2990.00 USD Billion in 2022 and 3400.00 USD Billion in 2023, according to our econometric models.

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United Kingdom GDP

Actual Previous Highest Lowest Dates Unit Frequency
2707.74 2830.81 3093.58 73.23 1960 - 2020 USD Billion Yearly
Current USD

United Kingdom GDP Last Previous Highest Lowest Unit
GDP Growth Rate -1.60 1.30 16.90 -19.50 percent [+]
GDP Annual Growth Rate -6.10 -7.30 9.70 -21.40 percent [+]
GDP 2707.74 2830.81 3093.58 73.23 USD Billion [+]
GDP Constant Prices 496737.00 504742.00 544733.00 116532.00 GBP Million [+]
Gross National Product 534021.00 538785.00 555141.00 4692.00 GBP Million [+]
Gross Fixed Capital Formation 91836.00 93469.00 97537.00 14615.00 GBP Million [+]
GDP per capita 39102.90 43592.41 43592.41 13948.72 USD [+]
GDP per capita PPP 41627.13 46406.46 46406.46 30035.89 USD [+]
Economic Activity Index 24.60 27.40 27.40 -24.40 percent [+]
GDP From Agriculture 2824.00 2922.00 3318.00 2331.00 GBP Million [+]
GDP From Construction 29812.00 29141.00 31535.00 20074.00 GBP Million [+]
GDP From Manufacturing 44812.00 45261.00 48869.00 36108.00 GBP Million [+]
GDP From Mining 4566.00 4719.00 12725.00 4566.00 GBP Million [+]
GDP From Public Administration 24706.00 24633.00 27035.00 23177.00 GBP Million [+]
GDP From Services 352324.00 359787.00 386180.00 187172.00 GBP Million [+]
GDP From Transport 16949.00 17224.00 20177.00 10417.00 GBP Million [+]


United Kingdom GDP
The gross domestic product (GDP) measures of national income and output for a given country's economy. The gross domestic product (GDP) is equal to the total expenditures for all final goods and services produced within the country in a stipulated period of time.
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