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United Kingdom Revenue, excluding grants (% of GDP) 2026: Interactive Chart & Historical Data

Revenue, excluding grants (% of GDP) in United Kingdom stood at 34.83% in 2024, according to World Bank. The latest value is down 0.48 percentage points from 35.31% in 2023. Ten years earlier, in 2014, the value was 32.66% (up 2.17 percentage points since). The highest value since 1972 was 38.1% in 2010, the lowest 29.43% in 1973. United Kingdom ranked 26th highest of the 111 countries in this dataset in 2023; Nauru ranked first.

Data source: World Bank · Unit: % · Category: Macroeconomics · Explore more indicators on EconDash

Data updated:Last checked:Frequency:AnnualCoverage:1972–2024
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What is Revenue, excluding grants (% of GDP)?

Revenue, excluding grants (% of GDP), measured in %, measures the total economic output of United Kingdom. It represents the broadest indicator of economic activity, capturing production, income, and expenditure across all sectors — from manufacturing and services to agriculture and government. GDP can be calculated three ways: by adding up all expenditures (consumption + investment + government spending + net exports), by summing all incomes earned, or by totaling value added at each production stage. In United Kingdom, the statistical agency compiles GDP data through comprehensive surveys of businesses, government records, and household expenditure patterns. While GDP per capita provides insight into average living standards, it does not capture income distribution, environmental costs, or unpaid work like caregiving. Nevertheless, GDP growth remains the most widely followed metric for assessing whether an economy is expanding or contracting.

Key facts

What is the latest Revenue, excluding grants (% of GDP) in United Kingdom?

Revenue, excluding grants (% of GDP) in United Kingdom stood at 34.83% in 2024, according to World Bank.

Is Revenue, excluding grants (% of GDP) in United Kingdom rising or falling?

The latest value is down 0.48 percentage points from 35.31% in 2023. Ten years earlier, in 2014, the value was 32.66% (up 2.17 percentage points since).

How does United Kingdom rank for Revenue, excluding grants (% of GDP)?

United Kingdom ranked 26th highest of the 111 countries in this dataset in 2023; Nauru ranked first.

What is the highest Revenue, excluding grants (% of GDP) on record in United Kingdom?

The highest value since 1972 was 38.1% in 2010, the lowest 29.43% in 1973.

Metadata for Revenue, excluding grants (% of GDP) in United Kingdom
IndicatorRevenue, excluding grants (% of GDP)
CountryUnited Kingdom
CategoryMacroeconomics
Unit%
SourceWorld Bank
Interactive chartView on EconDash
API accessEconDash API documentation

Latest value: 34.83% (2024)

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Source:World Bank — series GC.REV.XGRT.GD.ZS
License:CC BY 4.0
Cite this chart
APA

World Bank. (2026). Revenue, excluding grants (% of GDP) — United Kingdom [Data set]. Retrieved November 13, 2026, from EconDash: https://econdash.org/chart/wdi-gc-rev-xgrt-gd-zs/GBR. Original source: https://data.worldbank.org/indicator/GC.REV.XGRT.GD.ZS?locations=GB

MLA

World Bank. "Revenue, excluding grants (% of GDP) — United Kingdom." EconDash, 2026, https://econdash.org/chart/wdi-gc-rev-xgrt-gd-zs/GBR. Accessed 13 Nov. 2026. Original source: https://data.worldbank.org/indicator/GC.REV.XGRT.GD.ZS?locations=GB.

Chicago

World Bank. 2026. "Revenue, excluding grants (% of GDP) — United Kingdom." EconDash. Accessed November 13, 2026. https://econdash.org/chart/wdi-gc-rev-xgrt-gd-zs/GBR. Original source: https://data.worldbank.org/indicator/GC.REV.XGRT.GD.ZS?locations=GB.

BibTeX
@misc{econdash_wdi_gc_rev_xgrt_gd_zs_gbr,
  author = {{World Bank}},
  title = {{Revenue, excluding grants (\% of GDP) --- United Kingdom}},
  howpublished = {EconDash},
  year = {2026},
  url = {https://econdash.org/chart/wdi-gc-rev-xgrt-gd-zs/GBR},
  note = {Accessed: 2026-11-13. Original source: https://data.worldbank.org/indicator/GC.REV.XGRT.GD.ZS?locations=GB}
}