Gross Domestic Product of United Kingdom grew 5.7% in 1988 compared to last year. This rate is 3 -tenths of one percent higher than the figure of 5.4% published in 1987.
The GDP figure in 1988 was €770,090$990,234 million, leaving United Kingdom placed 4th in the ranking of GDP of the 26 countries that we publish. The absolute value of GDP in United Kingdom rose €122,936$177,087 million with respect to 1987.
The GDP per capita of United Kingdom in 1988 was €12,700$17,398, €2,000$3,083 higher than in 1987, it was €10,700$14,315. To view the evolution of the GDP per capita, it is interesting to look back a few years and compare these data with those of 1978 when the GDP per capita in United Kingdom was €4,500$5,976.
If we order the countries according to their GDP per capita, United Kingdom is well positioned in terms of the standard of living of its population, coming 17th out of the 26 countries whose GDP we publish.
Here we show you the progression of the GDP in United Kingdom. You can see GDP in other countries in GDP and see all the economic information about United Kingdom in United Kingdom's economy.