United Kingdom GDP Per Capita 2024

[ Nominal GDP Per Capita in USD ]

Year -

$3,686.03

Source: world bank Nominal/PPP
Summary:

United Kingdom GDP Per Capita expanded from 1960 to 2024, increasing from $73.23 to $3,686.03 .The compound annual growth rate (CAGR) averaged 6.31% over the period. The economy recorded its peak level in 2024 and its lowest level in 1960. Growth volatility remained high. The maximum drawdown reached 21.75%, indicating the largest cyclical decline from peak levels. The country experienced 9 recession episode(s) during the observed period.

Latest GDP Per Capita of United Kingdom 2024 – Nominal vs PPP

MetricNominal GDP (Current USD)GDP (PPP, Int$)
Latest Year20242024
Latest GDP Per Capita$ 3,686.03 dollars$ 4,196.51 Int dollars
Growth (YoY)7.753%5.792%
Net Change vs Previous Year$ 265.23 dollars$ 229.76 Int dollars
% of World GDP Per Capita3.32%2.11%
MeaningNominal GDP Per Capita (Current USD, exchange-rate based)GDP (PPP, cost-of-living adjusted)
United Kingdom GDP | United Kingdom GDP Growth

United Kingdom Annual GDP Per Capita From 1960 to 2024

Source: Worldbank Nominal PPP

NominalPPP
YearDollar $Net Chg $% ChgInt $Net Chg $% Chg
196073.23-----
196177.744.516.156 %---
196281.253.514.509 %---
196386.565.316.541 %---
196494.417.859.064 %---
1965101.837.427.857 %---
1966108.576.756.627 %---
1967113.124.544.185 %---
1968107.76-5.36-4.736 %---
1969116.478.718.078 %---
1970130.6714.2112.199 %---
1971148.1117.4413.348 %---
1972169.9721.8514.753 %---
1973192.5422.5713.281 %---
1974206.1313.597.06 %---
1975241.7635.6317.283 %---
1976232.62-9.14-3.781 %---
1977263.0730.4513.091 %---
1978335.8872.8227.68 %---
1979438.99103.1130.698 %---
1980564.95125.9528.692 %---
1981540.77-24.18-4.28 %---
1982515.05-25.72-4.756 %---
1983489.62-25.43-4.938 %---
1984461.49-28.13-5.745 %---
1985489.2927.86.024 %---
1986601.45112.1722.925 %---
1987745.16143.7123.894 %---
1988910.12164.9622.137 %---
1989926.8916.761.842 %---
19901093.17166.2917.94 %976.33--
19911142.849.634.54 %998.2121.882.241 %
19921179.6636.863.225 %1025.0526.842.689 %
19931061.39-118.27-10.026 %1075.4850.434.92 %
19941140.4979.17.452 %1140.6965.216.063 %
19951349.09208.618.29 %1194.0953.44.681 %
19961425.2976.25.648 %1276.09826.867 %
19971569.32144.0310.105 %1345.09695.407 %
19981660.8291.55.831 %1385.4340.342.999 %
19991693.4632.641.965 %1437.3451.913.747 %
20001671.6-21.86-1.291 %1562.41125.078.701 %
20011656.17-15.43-0.923 %1650.3687.955.629 %
20021790.54134.378.113 %1727.0376.674.646 %
20032061.23270.6915.118 %1808.3781.344.71 %
20042429.77368.5417.88 %1922.94114.576.336 %
20052551.36121.595.004 %1976.753.762.796 %
20062719.56168.26.593 %2113.5136.86.921 %
20073104.7385.1414.162 %2178.3864.883.07 %
20082945.25-159.45-5.136 %2271.0992.714.256 %
20092429.36-515.89-17.516 %2181.12-89.97-3.962 %
20102496.7467.382.774 %2290.2109.085.001 %
20112675.59178.857.163 %2354.7764.572.819 %
20122719.7244.131.649 %2442.4687.693.724 %
20132796.9177.192.838 %2562.2119.744.902 %
20143085.36288.4510.313 %2666.66104.464.077 %
20152945.58-139.78-4.53 %2767.98101.323.8 %
20162706.81-238.77-8.106 %2892.3124.324.491 %
20172699.12-7.69-0.284 %3041.89149.595.172 %
20182897.03197.917.332 %3129.6587.762.885 %
20192875.71-21.32-0.736 %3335.88206.236.59 %
20202724-151.71-5.276 %3219.07-116.81-3.502 %
20213194.56470.5617.275 %3416.48197.416.133 %
20223181.24-13.32-0.417 %3957.84541.3615.846 %
20233420.8239.567.53 %3966.758.910.225 %
20243686.03265.237.753 %4196.51229.765.792 %

United Kingdom Economic Phases (1960 - 2024)

From 1960 to 2024, United Kingdom economy moved through multiple cyclical phases marked by alternating periods of rapid expansion and contraction.

  • High Growth (1963–1966) indicating robust economic expansion
  • High Growth (1969–1975) indicating robust economic expansion
  • High Growth (1977–1980) indicating robust economic expansion
  • Contraction (1981–1984) indicating temporary slowdown
  • High Growth (1985–1988) indicating robust economic expansion
  • Expansion (1991–1992) indicating steady moderate growth
  • High Growth (1994–1998) indicating robust economic expansion
  • Contraction (2000–2001) indicating temporary slowdown
  • High Growth (2002–2007) indicating robust economic expansion
  • Expansion (2012–2013) indicating steady moderate growth
  • Contraction (2015–2017) indicating temporary slowdown
  • Contraction (2019–2020) indicating temporary slowdown
  • High Growth (2023–2024) indicating robust economic expansion

The most remarkable growth occurred in 1979 with an increase of 30.698%, while the largest decline was in 2009 at -17.516%.