In 2023, United Kingdom witnessed an increase in its Nominal GDP, rising to 3,340.030 billion dollars, and an increase in its GDP based on Purchasing Power Parity (PPP), which reached 4,026.24 international billion dollars as per the World Bank's estimates.
Relatedly, in the preceding year of 2022, United Kingdom has Nominal GDP stood at 3,088.84 billion dollars, while the GDP based on PPP was 3,847.92 international billion dollars.
The net change in United Kingdom's GDP (Nominal) in 2023 increased by 251.19 billion dollars(7.52%), and GDP (PPP) increased by 178.32 international billion dollars(4.43%).
Source: worldbank Nominal PPPNominal | PPP | |||||
---|---|---|---|---|---|---|
Year | Bil $ | Net Chg | % Chg | Int Bil $ | Net Chg | % Chg |
1960 | 73.23 | - | - | - | - | - |
1961 | 77.74 | 4.51 | 5.80 % | - | - | - |
1962 | 81.25 | 3.51 | 4.32 % | - | - | - |
1963 | 86.56 | 5.31 | 6.13 % | - | - | - |
1964 | 94.41 | 7.85 | 8.31 % | - | - | - |
1965 | 101.83 | 7.42 | 7.29 % | - | - | - |
1966 | 108.57 | 6.74 | 6.21 % | - | - | - |
1967 | 113.12 | 4.55 | 4.02 % | - | - | - |
1968 | 107.76 | -5.36 | -4.97 % | - | - | - |
1969 | 116.47 | 8.71 | 7.48 % | - | - | - |
1970 | 130.67 | 14.20 | 10.87 % | - | - | - |
1971 | 148.11 | 17.44 | 11.78 % | - | - | - |
1972 | 169.97 | 21.86 | 12.86 % | - | - | - |
1973 | 192.54 | 22.57 | 11.72 % | - | - | - |
1974 | 206.13 | 13.59 | 6.59 % | - | - | - |
1975 | 241.76 | 35.63 | 14.74 % | - | - | - |
1976 | 232.62 | -9.14 | -3.93 % | - | - | - |
1977 | 263.07 | 30.45 | 11.57 % | - | - | - |
1978 | 335.88 | 72.81 | 21.68 % | - | - | - |
1979 | 438.99 | 103.11 | 23.49 % | - | - | - |
1980 | 564.95 | 125.96 | 22.30 % | - | - | - |
1981 | 540.77 | -24.18 | -4.47 % | - | - | - |
1982 | 515.05 | -25.72 | -4.99 % | - | - | - |
1983 | 489.62 | -25.43 | -5.19 % | - | - | - |
1984 | 461.49 | -28.13 | -6.10 % | - | - | - |
1985 | 489.29 | 27.80 | 5.68 % | - | - | - |
1986 | 601.45 | 112.16 | 18.65 % | - | - | - |
1987 | 745.16 | 143.71 | 19.29 % | - | - | - |
1988 | 910.12 | 164.96 | 18.13 % | - | - | - |
1989 | 926.89 | 16.77 | 1.81 % | - | - | - |
1990 | 1,093.17 | 166.28 | 15.21 % | 976.33 | - | - |
1991 | 1,142.80 | 49.63 | 4.34 % | 998.21 | 21.88 | 2.19 % |
1992 | 1,179.66 | 36.86 | 3.12 % | 1,025.05 | 26.84 | 2.62 % |
1993 | 1,061.39 | -118.27 | -11.14 % | 1,075.48 | 50.43 | 4.69 % |
1994 | 1,140.49 | 79.10 | 6.94 % | 1,140.69 | 65.21 | 5.72 % |
1995 | 1,344.24 | 203.75 | 15.16 % | 1,194.09 | 53.40 | 4.47 % |
1996 | 1,419.65 | 75.41 | 5.31 % | 1,276.09 | 82.00 | 6.43 % |
1997 | 1,560.91 | 141.26 | 9.05 % | 1,345.09 | 69.00 | 5.13 % |
1998 | 1,653.69 | 92.78 | 5.61 % | 1,385.43 | 40.34 | 2.91 % |
1999 | 1,687.83 | 34.14 | 2.02 % | 1,437.34 | 51.91 | 3.61 % |
2000 | 1,665.53 | -22.30 | -1.34 % | 1,562.41 | 125.07 | 8.00 % |
2001 | 1,649.83 | -15.70 | -0.95 % | 1,650.36 | 87.95 | 5.33 % |
2002 | 1,785.73 | 135.90 | 7.61 % | 1,727.03 | 76.67 | 4.44 % |
2003 | 2,054.42 | 268.69 | 13.08 % | 1,808.37 | 81.34 | 4.50 % |
2004 | 2,421.53 | 367.11 | 15.16 % | 1,922.94 | 114.57 | 5.96 % |
2005 | 2,543.18 | 121.65 | 4.78 % | 1,976.70 | 53.76 | 2.72 % |
2006 | 2,708.44 | 165.26 | 6.10 % | 2,113.50 | 136.80 | 6.47 % |
2007 | 3,090.51 | 382.07 | 12.36 % | 2,178.38 | 64.88 | 2.98 % |
2008 | 2,929.41 | -161.10 | -5.50 % | 2,271.09 | 92.71 | 4.08 % |
2009 | 2,412.84 | -516.57 | -21.41 % | 2,181.12 | -89.97 | -4.12 % |
2010 | 2,485.48 | 72.64 | 2.92 % | 2,290.20 | 109.08 | 4.76 % |
2011 | 2,663.81 | 178.33 | 6.69 % | 2,354.77 | 64.57 | 2.74 % |
2012 | 2,707.09 | 43.28 | 1.60 % | 2,442.46 | 87.69 | 3.59 % |
2013 | 2,784.85 | 77.76 | 2.79 % | 2,562.20 | 119.74 | 4.67 % |
2014 | 3,064.71 | 279.86 | 9.13 % | 2,666.66 | 104.46 | 3.92 % |
2015 | 2,927.91 | -136.80 | -4.67 % | 2,767.23 | 100.57 | 3.63 % |
2016 | 2,689.11 | -238.80 | -8.88 % | 2,892.30 | 125.07 | 4.32 % |
2017 | 2,680.15 | -8.96 | -0.33 % | 3,041.89 | 149.59 | 4.92 % |
2018 | 2,871.34 | 191.19 | 6.66 % | 3,129.65 | 87.76 | 2.80 % |
2019 | 2,851.41 | -19.93 | -0.70 % | 3,335.88 | 206.23 | 6.18 % |
2020 | 2,697.81 | -153.60 | -5.69 % | 3,220.29 | -115.59 | -3.59 % |
2021 | 3,141.51 | 443.70 | 14.12 % | 3,541.78 | 321.49 | 9.08 % |
2022 | 3,088.84 | -52.67 | -1.71 % | 3,847.92 | 306.14 | 7.96 % |
2023 | 3,340.03 | 251.19 | 7.52 % | 4,026.24 | 178.32 | 4.43 % |