Historical trend
Trend summary
Total GDP was $3.7tn in 2024, up from $3.4tn in 2023.
Trend
- Over the available record (1990–2024), it has ranged from $1.1tn in 1993 to $3.7tn in 2024.
- The most recent reading is the highest in the available record.
Context
- World Bank figures convert local-currency GDP to US dollars at market exchange rates, not adjusted for purchasing power — see GDP per capita (PPP) for a cost-of-living-adjusted comparison.
- Nominal GDP measures the total value of goods and services produced; unlike GDP per capita, it does not adjust for population size.
Generated from the published series — describes direction, magnitude and range only, with no editorial judgement or forecasts.
G7 comparison
UK ranks #4 of 7 in the G7 (higher is better)
🇺🇸 United States
29,298 $bn
🇩🇪 Germany
4686 $bn
🇯🇵 Japan
4190 $bn
🇬🇧 United Kingdom
3696 $bn
🇫🇷 France
3160 $bn
🇮🇹 Italy
2383 $bn
🇨🇦 Canada
2270 $bn
GDP by sector
Each square = 1% of GDP · 2023 House of Commons Library (ONS Blue Book data)
House of Commons Library (ONS Blue Book data) — Sector shares are of gross value added (GVA) — GDP minus taxes on products plus subsidies — applied here to total GDP for illustration; the two measures differ by a few percent.
About this indicator
- Source
- World Bank
- Update frequency
- Annual
- Last updated
- 12 July 2026
- Next update
- 12 July 2027
- Licence
- CC BY 4.0
- Direction
- ↑ Rising
Statistics
- Latest
- $3.7tn
- Period high
- $3.7tn
- Period low
- $3.4tn
- Period average
- $3.6tn