gb United Kingdom 2024

Detailed economic analysis and indicators for 2024

Year 2024

Key Economic Indicators (2024)

GDP (Current USD)

$3.44 trillion

↑ 1.67% vs 2023
GDP per Capita

$50,288.54

↑ 1.67% vs 2023
GDP Growth (Annual %)

1.67%

↑ 1.33pp vs 2023
Inflation Rate (CPI %)

3.27%

↓ 3.52pp vs 2023

Year-over-Year Comparison

Indicator 2023 2024 Change
GDP (Current USD) $3.38 trillion $3.44 trillion +1.67%
GDP per Capita $49,463.86 $50,288.54 +1.67%
GDP Growth (Annual %) 0.34% 1.67% +1.33pp
Inflation (CPI %) 6.79% 3.27% -3.52pp
Unemployment Rate (%) 3.98% 4.11% +0.13pp

All Economic Indicators (2024)

National Accounts
GDP (Current USD)
$3.44 trillion
GDP per Capita
$50,288.54
GDP Growth (Annual %)
1.67%
Gross National Income
N/A
Prices & Employment
Inflation (CPI %)
3.27%
Inflation (GDP Deflator %)
N/A
Unemployment Rate (%)
4.11%
Interest Rate (Real %)
N/A
Trade & Investment
Exports (Goods & Services)
N/A
Imports (Goods & Services)
N/A
FDI Inflow
N/A
FDI Outflow
N/A
Balance & Debt
Current Account Balance (% GDP)
N/A
Government Debt (% GDP)
N/A
Data Last Updated
2025-10-23

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Frequently Asked Questions

As of 2024, United Kingdom's Gross Domestic Product (GDP) is $3.44 trillion. This represents the total value of goods and services produced in the country.

The GDP per capita in United Kingdom for 2024 is $50,288.54. GDP per capita is calculated by dividing the country's GDP by its population.

The Consumer Price Index (CPI) inflation rate in United Kingdom for 2024 is 3.27%. This measures the annual percentage change in the cost of consumer goods and services.

United Kingdom's annual GDP growth rate for 2024 is 1.67%. This indicates the rate at which the country's economy is expanding or contracting.

The unemployment rate in United Kingdom for 2024 is 4.11%. This represents the percentage of the labor force that is unemployed and actively seeking employment.