Taxes on income, profits and capital gains (current LCU) in United Kingdom
United Kingdom: Taxes on income, profits and capital gains (current LCU) was 409.19 billion current LCU in 2024. ◆ Volatile
Latest (2024)
409.19 billion current LCU
Change on year
up 7.5%
World rank
53rd
of 153 countries
All-time high
409.19 billion current LCU
in 2024
All-time low
8.39 billion current LCU
in 1972
Years of data
53
1972–2024
Taxes on income, profits and capital gains in United Kingdom, 1972–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
In 2024, taxes on income, profits and capital gains in United Kingdom stood at 409.19 billion current LCU. That is the highest value across all 53 years on record.
The figure is up 7.5% on the previous year and up 95.9% over ten years.
Over the whole period, taxes on income, profits and capital gains in United Kingdom peaked at 409.19 billion current LCU in 2024 and was at its lowest, 8.39 billion current LCU, in 1972.
That places United Kingdom 53rd out of 153 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.
Taxes on income, profits and capital gains (current LCU) in United Kingdom, year by year
| Year | current LCU | Change |
|---|---|---|
| 1972 | 8.39 billion current LCU | — |
| 1973 | 9.51 billion current LCU | +13.4% |
| 1974 | 12.63 billion current LCU | +32.7% |
| 1975 | 16.72 billion current LCU | +32.4% |
| 1976 | 19.18 billion current LCU | +14.7% |
| 1977 | 21.06 billion current LCU | +9.8% |
| 1978 | 22.50 billion current LCU | +6.9% |
| 1979 | 25.13 billion current LCU | +11.7% |
| 1980 | 30.70 billion current LCU | +22.2% |
| 1981 | 35.96 billion current LCU | +17.1% |
| 1982 | 40.93 billion current LCU | +13.8% |
| 1983 | 43.75 billion current LCU | +6.9% |
| 1984 | 46.81 billion current LCU | +7.0% |
| 1985 | 52.69 billion current LCU | +12.6% |
| 1986 | 53.92 billion current LCU | +2.3% |
| 1987 | 58.51 billion current LCU | +8.5% |
| 1988 | 64.15 billion current LCU | +9.6% |
| 1989 | 72.72 billion current LCU | +13.4% |
| 1990 | 79.08 billion current LCU | +8.8% |
| 1991 | 82.13 billion current LCU | +3.9% |
| 1992 | 79.99 billion current LCU | -2.6% |
| 1993 | 77.45 billion current LCU | -3.2% |
| 1994 | 85.03 billion current LCU | +9.8% |
| 1995 | 95.06 billion current LCU | +11.8% |
| 1996 | 99.32 billion current LCU | +4.5% |
| 1997 | 107.73 billion current LCU | +8.5% |
| 1998 | 123.68 billion current LCU | +14.8% |
| 1999 | 129.55 billion current LCU | +4.7% |
| 2000 | 143.61 billion current LCU | +10.8% |
| 2001 | 146.42 billion current LCU | +2.0% |
| 2002 | 143.74 billion current LCU | -1.8% |
| 2003 | 148.08 billion current LCU | +3.0% |
| 2004 | 162.88 billion current LCU | +10.0% |
| 2005 | 182.43 billion current LCU | +12.0% |
| 2006 | 195.08 billion current LCU | +6.9% |
| 2007 | 206.76 billion current LCU | +6.0% |
| 2008 | 207.16 billion current LCU | +0.2% |
| 2009 | 191.43 billion current LCU | -7.6% |
| 2010 | 199.60 billion current LCU | +4.3% |
| 2011 | 204.22 billion current LCU | +2.3% |
| 2012 | 198.39 billion current LCU | -2.9% |
| 2013 | 203.29 billion current LCU | +2.5% |
| 2014 | 208.86 billion current LCU | +2.7% |
| 2015 | 216.74 billion current LCU | +3.8% |
| 2016 | 232.03 billion current LCU | +7.1% |
| 2017 | 244.97 billion current LCU | +5.6% |
| 2018 | 252.21 billion current LCU | +3.0% |
| 2019 | 254.64 billion current LCU | +1.0% |
| 2020 | 252.29 billion current LCU | -0.9% |
| 2021 | 298.96 billion current LCU | +18.5% |
| 2022 | 339.39 billion current LCU | +13.5% |
| 2023 | 380.61 billion current LCU | +12.1% |
| 2024 | 409.19 billion current LCU | +7.5% |
United Kingdom compared with similar countries
- United Kingdom's 409.19 billion current LCU is above the median for high income countries, which is 52.92 billion current LCU, 7.7× the median. (55 countries reporting)
- United Kingdom's 409.19 billion current LCU is above the median for Europe & Central Asia, which is 68.60 billion current LCU, 6.0× the median. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 16.89 billion current LCU | 8.39 billion current LCU | 25.13 billion current LCU | 8 |
| 1980s | 50.01 billion current LCU | 30.70 billion current LCU | 72.72 billion current LCU | 10 |
| 1990s | 95.90 billion current LCU | 77.45 billion current LCU | 129.55 billion current LCU | 10 |
| 2000s | 172.76 billion current LCU | 143.61 billion current LCU | 207.16 billion current LCU | 10 |
| 2010s | 221.49 billion current LCU | 198.39 billion current LCU | 254.64 billion current LCU | 10 |
| 2020s | 336.09 billion current LCU | 252.29 billion current LCU | 409.19 billion current LCU | 5 |
Countries ranked near United Kingdom
More public sector data for United Kingdom
- Democracy, annual growth rate 0 % change on previous year (2025)
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- Elected parliament, annual growth rate 0 % change on previous year (2025)
- Men's universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote, annual growth rate 0 % change on previous year (2025)
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- Arms imports 609.00 million SIPRI trend indicator values (2025)
- Arms imports (SIPRI trend indicator values), per capita 9.28 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0002 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate 36.23 % change on previous year (2024)
Frequently asked questions
- What is taxes on income, profits and capital gains in United Kingdom?
- Taxes on income, profits and capital gains in United Kingdom was 409.19 billion current LCU in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest taxes on income, profits and capital gains recorded in United Kingdom?
- The highest recorded value was 409.19 billion current LCU in 2024.
- What is the lowest taxes on income, profits and capital gains recorded in United Kingdom?
- The lowest recorded value was 8.39 billion current LCU in 1972.
- How does United Kingdom rank for taxes on income, profits and capital gains?
- United Kingdom ranks 53rd out of 153 countries with data for 2024.
- Is taxes on income, profits and capital gains rising or falling in United Kingdom?
- Over the last ten years it is up 95.9%. 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 Taxes on income, profits and capital gains (current LCU). Statizoid updates them automatically from the source API.
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About this data
Taxes on income, profits, and capital gains are taxes payable on the actual or presumed incomes, profits and capital gains. 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.