United Kingdom GDP Per Capita 2024

[ Nominal GDP Per Capita in USD ]

Year -

$53,246.37

Source: world bank Nominal/PPP
Summary:

United Kingdom GDP Per Capita expanded from 1960 to 2024, increasing from $1,397.59 to $53,246.37 .The compound annual growth rate (CAGR) averaged 5.85% 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 22.95%, 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$)
Latest Year20242024
Latest GDP Per Capita$ 53,246.37 dollars$ 62,009.49 Int dollars
Growth (YoY)6.611%3.502%
Net Change vs Previous Year$ 3,301.90 dollars$ 2,098.14 Int dollars
% of World GDP Per Capita47.98%31.05%
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
19601397.59-----
19611472.3974.795.351 %---
19621525.7853.393.626 %---
19631613.4687.685.747 %---
19641748.29134.838.357 %---
19651873.57125.287.166 %---
19661986.75113.186.041 %---
19672058.7872.033.626 %---
19681951.76-107.02-5.198 %---
19692100.67148.917.629 %---
19702347.54246.8811.752 %---
19712649.8302.2612.875 %---
19723030.43380.6314.365 %---
19733426.28395.8413.062 %---
19743665.86239.596.993 %---
19754299.75633.8817.292 %---
19764138.17-161.58-3.758 %---
19774681.44543.2713.128 %---
19785976.941295.527.673 %---
19797804.761827.8230.581 %---
198010032.062227.328.538 %---
19819599.31-432.76-4.314 %---
19829146.08-453.23-4.721 %---
19838691.52-454.56-4.97 %---
19848179.19-512.32-5.895 %---
19858652.22473.025.783 %---
198610611.111958.922.64 %---
198713118.592507.4723.631 %---
198815987.172868.5821.867 %---
198916239.28252.111.577 %---
199019095.472856.1817.588 %16505.42--
199119900.73805.264.217 %16791.06285.651.731 %
199220487.17586.442.947 %17349.08558.023.323 %
199318389.02-2098.15-10.241 %18336.22987.145.69 %
199419709.241320.227.179 %19605.421269.26.922 %
199523252.623543.3817.978 %20594.61989.195.045 %
199624503.381250.775.379 %21946.61351.996.565 %
199726910.142406.769.822 %23070.591123.995.121 %
199828396.351486.215.523 %23689.24618.642.682 %
199928858.01461.651.626 %24493.5804.263.395 %
200028383.88-474.13-1.643 %26535.520428.337 %
200128013.87-370-1.304 %27912.561377.055.189 %
200230158.72144.837.656 %29089.051176.54.215 %
200334556.774398.0714.583 %30313.691224.644.21 %
200440504.415947.6417.211 %32051.181737.495.732 %
200542240.251735.834.286 %32726.13674.952.106 %
200644695.162454.915.812 %34727.442001.36.115 %
200750629.085933.9213.276 %35522.01794.572.288 %
200847652.4-2976.68-5.879 %36744.791222.783.442 %
200939009.37-8643.03-18.138 %35041.54-1703.25-4.635 %
201039778.32768.951.971 %36483.571442.034.115 %
201142295.932517.616.329 %37224.38740.812.031 %
201242688.33392.40.928 %38336.61112.222.988 %
201343606.98918.662.152 %39947.541610.944.202 %
201447746.244139.269.492 %41266.821319.283.303 %
201545255.34-2490.9-5.217 %42515.281248.463.025 %
201641257.91-3997.44-8.833 %44085.21569.923.693 %
201740916.81-341.1-0.827 %46113.022027.824.6 %
2018437032786.196.809 %47212.21099.182.384 %
201943158.74-544.26-1.245 %50064.962852.766.042 %
202040812.68-2346.06-5.436 %48230.05-1834.91-3.665 %
202147691.386878.716.854 %51004.432774.385.752 %
202247057.04-634.33-1.33 %59021.578017.1515.719 %
202349944.472887.436.136 %59911.35889.771.508 %
202453246.373301.96.611 %62009.492098.143.502 %

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 (2002–2004) indicating robust economic expansion
  • High Growth (2006–2007) 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 30.581%, while the largest decline was in 2009 at -18.138%.