Weekly value of the basic state pension UK 2011-2024

Published by Statista Research Department, Jul 4, 2024

In 2023/24 the weekly value of the basic state pension in the United Kingdom was 156.2 British pounds, compared with 141.85 in the previous financial year. Pensions grew by 10.1 percent in 2023/24, in line with the inflation rate, the highest of the three different metrics used in the UK's triple lock pension system. 

Weekly value of the basic state pension in the United Kingdom from 2011/12 to 2023/24 (in GBP)

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Release date

November 2023

Region

United Kingdom

Survey time period

April 1, 2011 to March 31, 2024

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