National statistics
GDP deflators Budget update: March 2015
Updated 19 March 2015
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| GDP DEFLATORS AT MARKET PRICES, AND MONEY GDP | |||||||||
|---|---|---|---|---|---|---|---|---|---|
| Not set | Not set | Not set | Not set | Not set | Not set | Not set | Not set | Not set | Not set |
| Changes to National Accounts and Their Impact on GDP The link below explains how changes to National Accounts methodologies in September 2014 impacted upon a number of Office for | Not set | Not set | Not set | Not set | Not set | Not set | Not set | Not set | Not set |
| National Statistics (ONS) outputs, including GDP: | Not set | Not set | Not set | Not set | Not set | Not set | Not set | Not set | Not set |
| http://www.ons.gov.uk/ons/guide-method/method-quality/specific/economy/national-accounts/changes-to-national-accounts/index.html | Not set | Not set | Not set | Not set | Not set | Not set | Not set | Not set | Not set |
| Outturn data are the latest National Accounts figures from ONS - Last updated 23 December 2014 | Not set | Not set | Not set | Not set | Not set | Not set | Not set | Not set | Not set |
| Forecast data are consistent with OBR Budget data 18 March 2015 | Not set | Not set | Not set | Not set | Not set | Not set | Not set | Not set | Not set |
| Financial year | Not set | Not set | Not set | Not set | Calendar year | Not set | Not set | Not set | Not set |
| Not set | GDP deflator at market prices | Not set | Money GDP | Not set | Not set | GDP deflator at market prices | Not set | Money GDP | Not set |
| Financial year | 2013-14 = 100 | per cent change on previous year | Cash £ million | Not set | Calendar year | 2013 = 100 | per cent change on previous year | Cash £ million | Not set |
| 1955-56 | 4.562 | Not set | 19,686 | Not set | 1955 | 4.524 | Not set | 19,291 | Not set |
| 1956-57 | 4.844 | 6.17 | 21,251 | Not set | 1956 | 4.83 | 6.77 | 20,933 | Not set |
| 1957-58 | 5.066 | 4.58 | 22,575 | Not set | 1957 | 5.022 | 3.97 | 22,180 | Not set |
| 1958-59 | 5.185 | 2.36 | 23,383 | Not set | 1958 | 5.203 | 3.6 | 23,271 | Not set |
| 1959-60 | 5.203 | 0.35 | 24,846 | Not set | 1959 | 5.235 | 0.63 | 24,380 | Not set |
| 1960-61 | 5.305 | 1.96 | 26,593 | Not set | 1960 | 5.284 | 0.94 | 26,156 | Not set |
| 1961-62 | 5.472 | 3.15 | 27,944 | Not set | 1961 | 5.464 | 3.4 | 27,765 | Not set |
| 1962-63 | 5.64 | 3.07 | 29,244 | Not set | 1962 | 5.648 | 3.36 | 29,019 | Not set |
| 1963-64 | 5.735 | 1.69 | 31,720 | Not set | 1963 | 5.736 | 1.57 | 30,914 | Not set |
| 1964-65 | 5.988 | 4.41 | 34,471 | Not set | 1964 | 5.926 | 3.32 | 33,715 | Not set |
| 1965-66 | 6.292 | 5.07 | 36,972 | Not set | 1965 | 6.258 | 5.6 | 36,365 | Not set |
| 1966-67 | 6.59 | 4.74 | 39,298 | Not set | 1966 | 6.57 | 4.99 | 38,777 | Not set |
| 1967-68 | 6.761 | 2.6 | 41,764 | Not set | 1967 | 6.752 | 2.76 | 40,958 | Not set |
| 1968-69 | 7.083 | 4.77 | 45,782 | Not set | 1968 | 7.015 | 3.9 | 44,901 | Not set |
| 1969-70 | 7.534 | 6.37 | 49,507 | Not set | 1969 | 7.437 | 6.02 | 48,525 | Not set |
| 1970-71 | 8.251 | 9.51 | 56,032 | Not set | 1970 | 8.123 | 9.22 | 54,452 | Not set |
| 1971-72 | 8.86 | 7.38 | 62,500 | Not set | 1971 | 8.774 | 8.02 | 60,860 | Not set |
| 1972-73 | 9.576 | 8.08 | 71,193 | Not set | 1972 | 9.412 | 7.27 | 68,055 | Not set |
| 1973-74 | 10.366 | 8.26 | 79,419 | Not set | 1973 | 10.209 | 8.47 | 78,594 | Not set |
| 1974-75 | 12.368 | 19.32 | 93,293 | Not set | 1974 | 11.747 | 15.07 | 88,183 | Not set |
| 1975-76 | 15.373 | 24.29 | 114,642 | Not set | 1975 | 14.791 | 25.91 | 109,274 | Not set |
| 1976-77 | 17.426 | 13.36 | 134,142 | Not set | 1976 | 16.996 | 14.91 | 129,450 | Not set |
| 1977-78 | 19.797 | 13.6 | 156,674 | Not set | 1977 | 19.304 | 13.58 | 150,815 | Not set |
| 1978-79 | 21.944 | 10.85 | 180,802 | Not set | 1978 | 21.529 | 11.52 | 175,162 | Not set |
| 1979-80 | 25.602 | 16.67 | 218,104 | Not set | 1979 | 24.574 | 14.15 | 207,294 | Not set |
| 1980-81 | 30.401 | 18.75 | 249,641 | Not set | 1980 | 29.481 | 19.97 | 243,098 | Not set |
| 1981-82 | 33.356 | 9.72 | 276,166 | Not set | 1981 | 32.891 | 11.57 | 269,084 | Not set |
| 1982-83 | 35.607 | 6.75 | 301,688 | Not set | 1982 | 35.304 | 7.34 | 294,812 | Not set |
| 1983-84 | 37.201 | 4.48 | 329,238 | Not set | 1983 | 37.118 | 5.14 | 323,000 | Not set |
| 1984-85 | 39.351 | 5.78 | 354,498 | Not set | 1984 | 38.994 | 5.05 | 346,948 | Not set |
| 1985-86 | 41.739 | 6.07 | 389,638 | Not set | 1985 | 41.378 | 6.12 | 381,252 | Not set |
| 1986-87 | 43.386 | 3.95 | 418,214 | Not set | 1986 | 43.168 | 4.33 | 410,311 | Not set |
| 1987-88 | 45.785 | 5.53 | 469,834 | Not set | 1987 | 45.443 | 5.27 | 455,965 | Not set |
| 1988-89 | 48.819 | 6.63 | 525,247 | Not set | 1988 | 48.14 | 5.94 | 511,670 | Not set |
| 1989-90 | 52.622 | 7.79 | 578,879 | Not set | 1989 | 52.002 | 8.02 | 566,512 | Not set |
| 1990-91 | 56.974 | 8.27 | 624,024 | Not set | 1990 | 56.221 | 8.11 | 615,675 | Not set |
| 1991-92 | 60.318 | 5.87 | 657,102 | Not set | 1991 | 59.905 | 6.55 | 647,967 | Not set |
| 1992-93 | 61.854 | 2.55 | 677,942 | Not set | 1992 | 61.864 | 3.27 | 672,172 | Not set |
| 1993-94 | 63.371 | 2.45 | 718,845 | Not set | 1993 | 63.456 | 2.57 | 707,734 | Not set |
| 1994-95 | 64.121 | 1.18 | 754,128 | Not set | 1994 | 64.231 | 1.22 | 745,195 | Not set |
| 1995-96 | 65.989 | 2.91 | 794,983 | Not set | 1995 | 65.82 | 2.48 | 782,978 | Not set |
| 1996-97 | 68.783 | 4.23 | 847,895 | Not set | 1996 | 68.47 | 4.03 | 836,190 | Not set |
| 1997-98 | 70.008 | 1.78 | 890,311 | Not set | 1997 | 70.167 | 2.48 | 878,780 | Not set |
| 1998-99 | 71.119 | 1.59 | 933,474 | Not set | 1998 | 71.22 | 1.5 | 923,294 | Not set |
| 1999-00 | 71.86 | 1.04 | 979,291 | Not set | 1999 | 72.031 | 1.14 | 963,196 | Not set |
| 2000-01 | 73.51 | 2.3 | 1,034,257 | Not set | 2000 | 73.759 | 2.4 | 1,023,512 | Not set |
| 2001-02 | 74.625 | 1.52 | 1,072,891 | Not set | 2001 | 74.565 | 1.09 | 1,062,262 | Not set |
| 2002-03 | 76.589 | 2.63 | 1,135,829 | Not set | 2002 | 76.538 | 2.65 | 1,117,171 | Not set |
| 2003-04 | 78.148 | 2.04 | 1,209,281 | Not set | 2003 | 78.202 | 2.17 | 1,190,525 | Not set |
| 2004-05 | 80.612 | 3.15 | 1,269,505 | Not set | 2004 | 80.478 | 2.91 | 1,255,191 | Not set |
| 2005-06 | 82.864 | 2.79 | 1,350,055 | Not set | 2005 | 82.734 | 2.8 | 1,326,660 | Not set |
| 2006-07 | 85.111 | 2.71 | 1,424,361 | Not set | 2006 | 84.958 | 2.69 | 1,403,726 | Not set |
| 2007-08 | 87.601 | 2.93 | 1,498,594 | Not set | 2007 | 87.398 | 2.87 | 1,480,956 | Not set |
| 2008-09 | 89.8 | 2.51 | 1,502,318 | Not set | 2008 | 89.935 | 2.9 | 1,518,675 | Not set |
| 2009-10 | 92.122 | 2.59 | 1,501,670 | Not set | 2009 | 91.716 | 1.98 | 1,482,144 | |
| 2010-11 | 94.671 | 2.77 | 1,576,231 | Not set | 2010 | 94.626 | 3.17 | 1,558,365 | Not set |
| 2011-12 | 96.366 | 1.79 | 1,628,485 | Not set | 2011 | 96.637 | 2.13 | 1,617,677 | Not set |
| 2012-13 | 97.921 | 1.61 | 1,663,874 | Not set | 2012 | 98.242 | 1.66 | 1,655,384 | Not set |
| 2013-14 | 100 | 2.12 | 1,731,139 | Not set | 2013 | 100 | 1.79 | 1,713,122 | Not set |
| 2014-15 (1), (2) | - | 1.7 | 1,809,100 | Not set | 2014 (1), (2) | - | 1.8 | 1,787,900 | Not set |
| 2015-16 (1), (2) | - | 1.4 | 1,877,700 | Not set | 2015 (1), (2) | - | 1.6 | 1,861,100 | Not set |
| 2016-17 (1), (2) | - | 1.2 | 1,943,500 | Not set | 2016 (1), (2) | - | 1.1 | 1,926,500 | Not set |
| 2017-18 (1), (2) | - | 1.6 | 2,021,800 | Not set | 2017 (1), (2) | - | 1.5 | 2,000,600 | Not set |
| 2018-19 (1), (2) | - | 2.1 | 2,111,100 | Not set | 2018 (1), (2) | - | 1.9 | 2,086,700 | Not set |
| 2019-20 (1), (2) | - | 2.6 | 2,217,700 | Not set | 2019 (1), (2) | - | 2.5 | 2,190,000 | Not set |
| Sources and footnotes: | Not set | Not set | Not set | Not set | Not set | Not set | Not set | Not set | Not set |
| GDP Deflator: | Financial years 1955-56 to 2013-14 taken from ONS series L8GG in Table N. | Not set | Not set | Not set | Not set | Not set | Not set | Not set | Not set |
| Not set | http://www.ons.gov.uk/ons/rel/naa2/quarterly-national-accounts/q3-2014/rft-data-ref-tables-qna-q3-2014.xls | Not set | Not set | Not set | Not set | Not set | Not set | Not set | Not set |
| Not set | Calendar years 1955 to 2013 taken from ONS series MNF2 in Table O. | Not set | Not set | Not set | Not set | Not set | Not set | Not set | Not set |
| Not set | http://www.ons.gov.uk/ons/rel/naa2/quarterly-national-accounts/q3-2014/rft-data-ref-tables-qna-q3-2014.xls | Not set | Not set | Not set | Not set | Not set | Not set | Not set | Not set |
| Not set | For years 2014-15 to 2019-20 (2014 to 2019): taken from Office for Budgetary Responsibility (OBR) forecasts for GDP deflator increases as of the March 2015 Budget | Not set | Not set | Not set | Not set | Not set | Not set | Not set | Not set |
| Cash GDP: | For years 1955-56 to 2013-14 (1955 to 2013): ONS data for money GDP (not seasonally adjusted, BKTL) | Not set | Not set | Not set | Not set | Not set | Not set | Not set | Not set |
| Not set | http://www.ons.gov.uk/ons/rel/naa1-rd/united-kingdom-economic-accounts/q3-2014/tsd-united-kingdom-economic-accounts-q3-2014.html | Not set | Not set | Not set | Not set | Not set | Not set | Not set | Not set |
| Not set | For years 2014-15 to 2019-20 (2014 to 2019): OBR forecasts for money GDP as of the March 2015 Budget | Not set | Not set | Not set | Not set | Not set | Not set | Not set | Not set |
| Footnotes: | Not set | Not set | Not set | Not set | Not set | Not set | Not set | Not set | Not set |
| 1) | For years 2014-15 to 2019-20 (2014 to 2019), this presentation only shows percentage changes in line with the March 2015 Budget. | Not set | Not set | Not set | Not set | Not set | Not set | Not set | Not set |
| 2) | For years 2014-15 to 2019-20 (2014 to 2019), money GDP forecasts as shown in the March 2015 Budget rounded to nearest £100 million. | Not set | Not set | Not set | Not set | Not set | Not set | Not set | Not set |
| 3) | For further information and the 'User's Guide' to these series, please visit the following page on the GOV.UK website at: | Not set | Not set | Not set | Not set | Not set | Not set | Not set | Not set |
| Not set | https://www.gov.uk/government/publications/gross-domestic-product-gdp-deflators-user-guide | Not set | Not set | Not set | Not set | Not set | Not set | Not set | Not set |
| 4) | For practical examples of how to use the GDP deflator series, please visit the following page on the GOV.UK website at: | Not set | Not set | Not set | Not set | Not set | Not set | Not set | Not set |
| Not set | https://www.gov.uk/government/publications/how-to-use-the-gdp-deflator-series-practical-examples | Not set | Not set | Not set | Not set | Not set | Not set | Not set | Not set |