Energy to gross domestic product ratio in the United Kingdom presented a trend of decline in the period of consideration, despite some oscillation, reaching the record low in 2023, when 73 metric tons of oil equivalent were needed to create one million British pounds. In the period under consideration, figures decreased by over 194 metric tons of oil equivalent per one million British pounds of gross domestic product.
Energy to GDP ratio in the United Kingdom (UK) from 1970 to 2023*
(in metric tons of oil equivalent per million GBP GDP)
Characteristic
Metric tons of oil equivalent per million British pounds GDP
The energy ratio equals the amount of total inland consumption of primary energy (temperature corrected) divided by the gross domestic product at market prices. It is displayed in metric tons of oil equivalent per million British pounds of gross domestic product. It indicates the efficiency of a nation's economy in converting energy to GDP.
All figures were restated based on the 2023's report.
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GOV.UK, & UK Department for Business, Energy and Industrial Strategy, & Department for Energy Security and Net-Zero (UK). (July 30, 2024). Energy to GDP ratio in the United Kingdom (UK) from 1970 to 2023* (in metric tons of oil equivalent per million GBP GDP) [Graph]. In Statista. Retrieved December 12, 2024, from https://www.statista.com/statistics/552343/import-dependency-primary-fuels-uk/
GOV.UK, und UK Department for Business, Energy and Industrial Strategy, und Department for Energy Security and Net-Zero (UK). "Energy to GDP ratio in the United Kingdom (UK) from 1970 to 2023* (in metric tons of oil equivalent per million GBP GDP)." Chart. July 30, 2024. Statista. Accessed December 12, 2024. https://www.statista.com/statistics/552343/import-dependency-primary-fuels-uk/
GOV.UK, UK Department for Business, Energy and Industrial Strategy, Department for Energy Security and Net-Zero (UK). (2024). Energy to GDP ratio in the United Kingdom (UK) from 1970 to 2023* (in metric tons of oil equivalent per million GBP GDP). Statista. Statista Inc.. Accessed: December 12, 2024. https://www.statista.com/statistics/552343/import-dependency-primary-fuels-uk/
GOV.UK, and UK Department for Business, Energy and Industrial Strategy, and Department for Energy Security and Net-Zero (UK). "Energy to Gdp Ratio in The United Kingdom (Uk) from 1970 to 2023* (in Metric Tons of Oil Equivalent per Million Gbp Gdp)." Statista, Statista Inc., 30 Jul 2024, https://www.statista.com/statistics/552343/import-dependency-primary-fuels-uk/
GOV.UK & UK Department for Business, Energy and Industrial Strategy & Department for Energy Security and Net-Zero (UK), Energy to GDP ratio in the United Kingdom (UK) from 1970 to 2023* (in metric tons of oil equivalent per million GBP GDP) Statista, https://www.statista.com/statistics/552343/import-dependency-primary-fuels-uk/ (last visited December 12, 2024)
Energy to GDP ratio in the United Kingdom (UK) from 1970 to 2023* (in metric tons of oil equivalent per million GBP GDP) [Graph], GOV.UK, & UK Department for Business, Energy and Industrial Strategy, & Department for Energy Security and Net-Zero (UK), July 30, 2024. [Online]. Available: https://www.statista.com/statistics/552343/import-dependency-primary-fuels-uk/