Gross value added at basic prices (GVA) in United Kingdom
United Kingdom: Gross value added at basic prices (GVA) was 2.25 trillion constant LCU in 2025. ▲ Rising
Gross value added at basic prices (GVA) in United Kingdom, 1960–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in constant LCU.
Analysis
In 2025, gross value added at basic prices (gva) in United Kingdom stood at 2.25 trillion constant LCU. That is the highest value across all 66 years on record.
That represents a change of up 1.4% on the previous year and up 15.1% over ten years.
Over the whole period, gross value added at basic prices (gva) in United Kingdom peaked at 2.25 trillion constant LCU in 2025 and was at its lowest, 522.46 billion constant LCU, in 1960.
That places United Kingdom 71st out of 197 countries with data for 2025, putting it in the middle of the range.
The long-run direction has been consistently rising across the 66 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 604.70 billion constant LCU | 522.46 billion constant LCU | 693.27 billion constant LCU | 10 |
| 1970s | 815.62 billion constant LCU | 745.79 billion constant LCU | 897.26 billion constant LCU | 10 |
| 1980s | 970.57 billion constant LCU | 862.05 billion constant LCU | 1.12 trillion constant LCU | 10 |
| 1990s | 1.27 trillion constant LCU | 1.12 trillion constant LCU | 1.46 trillion constant LCU | 10 |
| 2000s | 1.69 trillion constant LCU | 1.53 trillion constant LCU | 1.82 trillion constant LCU | 10 |
| 2010s | 1.94 trillion constant LCU | 1.78 trillion constant LCU | 2.12 trillion constant LCU | 10 |
| 2020s | 2.14 trillion constant LCU | 1.92 trillion constant LCU | 2.25 trillion constant LCU | 6 |
Countries ranked near United Kingdom
More economy & growth data for United Kingdom
- DEC alternative conversion factor 0.7595 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) -17.71 billion current LCU (2024)
- Net secondary income (Net current transfers from abroad) -22.63 billion current US$ (2024)
- Taxes less subsidies on products 297.09 billion current LCU (2025)
- Taxes less subsidies on products 391.17 billion current US$ (2025)
- Net primary income (Net income from abroad) -20.96 billion current LCU (2024)
- Net primary income (Net income from abroad) -26.79 billion current US$ (2024)
- GNI per capita 43,477 current LCU (2025)
- GNI per capita, Atlas method 54,550 current US$ (2025)
- GNI 3.02 trillion current LCU (2025)
Frequently asked questions
- What is gross value added at basic prices (gva) in United Kingdom?
- Gross value added at basic prices (gva) in United Kingdom was 2.25 trillion constant LCU in 2025, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest gross value added at basic prices (gva) recorded in United Kingdom?
- The highest recorded value was 2.25 trillion constant LCU in 2025.
- What is the lowest gross value added at basic prices (gva) recorded in United Kingdom?
- The lowest recorded value was 522.46 billion constant LCU in 1960.
- How does United Kingdom rank for gross value added at basic prices (gva)?
- United Kingdom ranks 71st out of 197 countries with data for 2025.
- Is gross value added at basic prices (gva) rising or falling in United Kingdom?
- Over the last ten years it is up 15.1%. The long-run trend across the full record is rising.
- Where does this United Kingdom data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Gross value added at basic prices (GVA) (constant LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 66 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Gross value added at basic prices reflects the price of products receivable by the producer exclusive of taxes payable on products and inclusive of subsidies receivable on products, less intermediate consumption valued at purchasers' prices. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.