Revenue, excluding grants (current LCU) in United Kingdom
United Kingdom: Revenue, excluding grants (current LCU) was 1.01 trillion current LCU in 2024. ◆ Volatile
Latest (2024)
1.01 trillion current LCU
Change on year
up 3.6%
World rank
62nd
of 157 countries
All-time high
1.01 trillion current LCU
in 2024
All-time low
21.29 billion current LCU
in 1972
Years of data
53
1972–2024
Revenue, excluding grants in United Kingdom, 1972–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
United Kingdom recorded 1.01 trillion current LCU for revenue, excluding grants in 2024. That is the highest value across all 53 years on record.
That represents a change of up 3.6% on the previous year and up 64.4% over ten years.
Over the whole period, revenue, excluding grants in United Kingdom peaked at 1.01 trillion current LCU in 2024 and was at its lowest, 21.29 billion current LCU, in 1972.
That places United Kingdom 62nd out of 157 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Revenue, excluding grants (current LCU) in United Kingdom, year by year
| Year | current LCU | Change |
|---|---|---|
| 1972 | 21.29 billion current LCU | — |
| 1973 | 23.13 billion current LCU | +8.6% |
| 1974 | 29.40 billion current LCU | +27.1% |
| 1975 | 37.60 billion current LCU | +27.9% |
| 1976 | 44.09 billion current LCU | +17.3% |
| 1977 | 50.03 billion current LCU | +13.5% |
| 1978 | 54.89 billion current LCU | +9.7% |
| 1979 | 64.15 billion current LCU | +16.9% |
| 1980 | 81.41 billion current LCU | +26.9% |
| 1981 | 91.38 billion current LCU | +12.2% |
| 1982 | 106.06 billion current LCU | +16.1% |
| 1983 | 112.21 billion current LCU | +5.8% |
| 1984 | 120.30 billion current LCU | +7.2% |
| 1985 | 133.45 billion current LCU | +10.9% |
| 1986 | 139.34 billion current LCU | +4.4% |
| 1987 | 148.69 billion current LCU | +6.7% |
| 1988 | 165.29 billion current LCU | +11.2% |
| 1989 | 178.68 billion current LCU | +8.1% |
| 1990 | 200.77 billion current LCU | +12.4% |
| 1991 | 213.93 billion current LCU | +6.6% |
| 1992 | 218.13 billion current LCU | +2.0% |
| 1993 | 216.53 billion current LCU | -0.7% |
| 1994 | 235.54 billion current LCU | +8.8% |
| 1995 | 259.65 billion current LCU | +10.2% |
| 1996 | 274.98 billion current LCU | +5.9% |
| 1997 | 294.13 billion current LCU | +7.0% |
| 1998 | 319.99 billion current LCU | +8.8% |
| 1999 | 338.21 billion current LCU | +5.7% |
| 2000 | 363.46 billion current LCU | +7.5% |
| 2001 | 375.09 billion current LCU | +3.2% |
| 2002 | 376.90 billion current LCU | +0.5% |
| 2003 | 395.21 billion current LCU | +4.9% |
| 2004 | 430.21 billion current LCU | +8.9% |
| 2005 | 469.18 billion current LCU | +9.1% |
| 2006 | 491.49 billion current LCU | +4.8% |
| 2007 | 520.86 billion current LCU | +6.0% |
| 2008 | 548.50 billion current LCU | +5.3% |
| 2009 | 497.64 billion current LCU | -9.3% |
| 2010 | 615.67 billion current LCU | +23.7% |
| 2011 | 557.19 billion current LCU | -9.5% |
| 2012 | 563.42 billion current LCU | +1.1% |
| 2013 | 600.77 billion current LCU | +6.6% |
| 2014 | 612.46 billion current LCU | +1.9% |
| 2015 | 634.43 billion current LCU | +3.6% |
| 2016 | 669.38 billion current LCU | +5.5% |
| 2017 | 708.12 billion current LCU | +5.8% |
| 2018 | 731.20 billion current LCU | +3.3% |
| 2019 | 749.57 billion current LCU | +2.5% |
| 2020 | 709.84 billion current LCU | -5.3% |
| 2021 | 802.80 billion current LCU | +13.1% |
| 2022 | 924.58 billion current LCU | +15.2% |
| 2023 | 971.73 billion current LCU | +5.1% |
| 2024 | 1.01 trillion current LCU | +3.6% |
United Kingdom compared with similar countries
- United Kingdom's 1.01 trillion current LCU is above the median for high income countries, which is 144.50 billion current LCU, 7.0× the median. (57 countries reporting)
- United Kingdom's 1.01 trillion current LCU is above the median for Europe & Central Asia, which is 266.60 billion current LCU, 3.8× the median. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 40.57 billion current LCU | 21.29 billion current LCU | 64.15 billion current LCU | 8 |
| 1980s | 127.68 billion current LCU | 81.41 billion current LCU | 178.68 billion current LCU | 10 |
| 1990s | 257.19 billion current LCU | 200.77 billion current LCU | 338.21 billion current LCU | 10 |
| 2000s | 446.85 billion current LCU | 363.46 billion current LCU | 548.50 billion current LCU | 10 |
| 2010s | 644.22 billion current LCU | 557.19 billion current LCU | 749.57 billion current LCU | 10 |
| 2020s | 883.21 billion current LCU | 709.84 billion current LCU | 1.01 trillion current LCU | 5 |
Countries ranked near United Kingdom
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Frequently asked questions
- What is revenue, excluding grants in United Kingdom?
- Revenue, excluding grants in United Kingdom was 1.01 trillion current LCU in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest revenue, excluding grants recorded in United Kingdom?
- The highest recorded value was 1.01 trillion current LCU in 2024.
- What is the lowest revenue, excluding grants recorded in United Kingdom?
- The lowest recorded value was 21.29 billion current LCU in 1972.
- How does United Kingdom rank for revenue, excluding grants?
- United Kingdom ranks 62nd out of 157 countries with data for 2024.
- Is revenue, excluding grants rising or falling in United Kingdom?
- Over the last ten years it is up 64.4%. The long-run trend across the full record is volatile.
- Where does this United Kingdom data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Revenue, excluding grants (current LCU). Statizoid updates them automatically from the source API.
Download this data
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About this data
Revenue is an increase in net worth resulting from a transaction. Grants are excluded from this figure. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.