National statistics
GDP deflators at market prices, and money GDP March 2018 (Spring Statement)
Updated 16 March 2018
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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 |
| Outturn data are as at the Second Estimate of GDP figures from ONS - last updated 22 February 2018. | Not set | Not set | Not set | Not set | Not set | Not set | Not set | Not set | Not set |
| Forecast data are consistent with OBR Spring Statement EFO data as at 13 March 2018 | 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 | Not set | Calendar year | Not set | Not set | Not set |
| Not set | GDP deflator at market prices | Not set | Money GDP (3), (4) | Not set | Not set | Not set | GDP deflator at market prices | Not set | Money GDP (3) |
| Financial year | 2016-17 = 100 | per cent change on previous year | Cash £ million Non-Season-ally Adjusted | Cash £ million Seasonally Adjusted | Not set | Calendar year | 2017 = 100 | per cent change on previous year | Cash £ million Non-Seasonally Adjusted |
| 1955-56 | 4.323 | Not set | 19,816 | 19,829 | Not set | 1955 | 4.2 | Not set | 19,415 |
| 1956-57 | 4.595 | 6.3 | 21,412 | 21,387 | Not set | 1956 | 4.489 | 6.89 | 21,088 |
| 1957-58 | 4.811 | 4.68 | 22,771 | 22,788 | Not set | 1957 | 4.672 | 4.07 | 22,365 |
| 1958-59 | 4.931 | 2.51 | 23,622 | 23,593 | Not set | 1958 | 4.847 | 3.75 | 23,500 |
| 1959-60 | 4.955 | 0.47 | 25,133 | 25,185 | Not set | 1959 | 4.884 | 0.77 | 24,655 |
| 1960-61 | 5.058 | 2.08 | 26,921 | 26,941 | Not set | 1960 | 4.936 | 1.05 | 26,476 |
| 1961-62 | 5.225 | 3.32 | 28,346 | 28,375 | Not set | 1961 | 5.11 | 3.53 | 28,142 |
| 1962-63 | 5.389 | 3.13 | 29,682 | 29,699 | Not set | 1962 | 5.29 | 3.53 | 29,460 |
| 1963-64 | 5.474 | 1.58 | 32,137 | 32,095 | Not set | 1963 | 5.363 | 1.37 | 31,324 |
| 1964-65 | 5.733 | 4.73 | 35,048 | 35,115 | Not set | 1964 | 5.554 | 3.57 | 34,238 |
| 1965-66 | 6.037 | 5.31 | 37,662 | 37,617 | Not set | 1965 | 5.883 | 5.92 | 37,036 |
| 1966-67 | 6.34 | 5.01 | 40,140 | 40,135 | Not set | 1966 | 6.189 | 5.2 | 39,573 |
| 1967-68 | 6.516 | 2.79 | 42,739 | 42,848 | Not set | 1967 | 6.375 | 3.01 | 41,901 |
| 1968-69 | 6.849 | 5.1 | 46,960 | 46,979 | Not set | 1968 | 6.638 | 4.13 | 46,008 |
| 1969-70 | 7.309 | 6.72 | 50,971 | 51,028 | Not set | 1969 | 7.066 | 6.44 | 49,910 |
| 1970-71 | 8.032 | 9.89 | 57,859 | 57,945 | Not set | 1970 | 7.741 | 9.56 | 56,177 |
| 1971-72 | 8.638 | 7.54 | 64,651 | 64,552 | Not set | 1971 | 8.383 | 8.29 | 62,948 |
| 1972-73 | 9.376 | 8.54 | 74,012 | 74,118 | Not set | 1972 | 9.021 | 7.61 | 70,663 |
| 1973-74 | 10.203 | 8.83 | 82,965 | 82,986 | Not set | 1973 | 9.822 | 8.88 | 81,895 |
| 1974-75 | 12.26 | 20.16 | 98,243 | 98,414 | Not set | 1974 | 11.4 | 16.07 | 92,743 |
| 1975-76 | 15.26 | 24.47 | 120,905 | 120,793 | Not set | 1975 | 14.375 | 26.1 | 115,176 |
| 1976-77 | 17.384 | 13.92 | 142,000 | 142,502 | Not set | 1976 | 16.599 | 15.47 | 136,949 |
| 1977-78 | 19.779 | 13.78 | 165,996 | 165,798 | Not set | 1977 | 18.9 | 13.86 | 159,701 |
| 1978-79 | 21.992 | 11.19 | 192,181 | 192,298 | Not set | 1978 | 21.118 | 11.74 | 185,968 |
| 1979-80 | 25.706 | 16.89 | 232,495 | 232,520 | Not set | 1979 | 24.174 | 14.47 | 220,845 |
| 1980-81 | 30.629 | 19.15 | 267,472 | 267,775 | Not set | 1980 | 29.068 | 20.24 | 259,962 |
| 1981-82 | 33.848 | 10.51 | 297,953 | 297,396 | Not set | 1981 | 32.647 | 12.31 | 289,899 |
| 1982-83 | 36.317 | 7.29 | 327,121 | 327,392 | Not set | 1982 | 35.24 | 7.94 | 319,211 |
| 1983-84 | 38.041 | 4.75 | 357,829 | 357,039 | Not set | 1983 | 37.191 | 5.54 | 351,110 |
| 1984-85 | 40.225 | 5.74 | 385,957 | 385,281 | Not set | 1984 | 39.106 | 5.15 | 377,578 |
| 1985-86 | 42.503 | 5.66 | 424,580 | 425,151 | Not set | 1985 | 41.291 | 5.59 | 415,432 |
| 1986-87 | 44.263 | 4.14 | 456,247 | 456,936 | Not set | 1986 | 43.14 | 4.48 | 447,575 |
| 1987-88 | 46.722 | 5.56 | 511,556 | 511,675 | Not set | 1987 | 45.453 | 5.36 | 496,692 |
| 1988-89 | 49.757 | 6.5 | 570,505 | 571,448 | Not set | 1988 | 48.132 | 5.89 | 556,164 |
| 1989-90 | 53.569 | 7.66 | 628,098 | 627,940 | Not set | 1989 | 51.846 | 7.72 | 614,358 |
| 1990-91 | 57.942 | 8.16 | 677,913 | 679,526 | Not set | 1990 | 56.008 | 8.03 | 668,428 |
| 1991-92 | 61.258 | 5.72 | 713,775 | 712,390 | Not set | 1991 | 59.685 | 6.56 | 704,626 |
| 1992-93 | 62.793 | 2.51 | 735,162 | 736,962 | Not set | 1992 | 61.506 | 3.05 | 728,864 |
| 1993-94 | 64.264 | 2.34 | 778,257 | 775,689 | Not set | 1993 | 63.112 | 2.61 | 766,813 |
| 1994-95 | 65.022 | 1.18 | 815,473 | 815,237 | Not set | 1994 | 63.872 | 1.21 | 806,161 |
| 1995-96 | 66.998 | 3.04 | 859,435 | 859,407 | Not set | 1995 | 65.422 | 2.43 | 846,128 |
| 1996-97 | 69.419 | 3.61 | 915,956 | 914,926 | Not set | 1996 | 68.093 | 4.08 | 903,029 |
| 1997-98 | 69.933 | 0.74 | 958,686 | 959,038 | Not set | 1997 | 68.73 | 0.94 | 948,257 |
| 1998-99 | 70.932 | 1.43 | 1,000,998 | 1,002,153 | Not set | 1998 | 69.522 | 1.15 | 989,333 |
| 1999-00 | 71.245 | 0.44 | 1,044,040 | 1,042,054 | Not set | 1999 | 70.1 | 0.83 | 1,029,522 |
| 2000-01 | 72.721 | 2.07 | 1,098,606 | 1,097,265 | Not set | 2000 | 71.533 | 2.04 | 1,089,131 |
| 2001-02 | 73.614 | 1.23 | 1,138,238 | 1,139,147 | Not set | 2001 | 72.149 | 0.86 | 1,126,463 |
| 2002-03 | 75.337 | 2.34 | 1,197,523 | 1,196,923 | Not set | 2002 | 73.755 | 2.23 | 1,179,882 |
| 2003-04 | 76.986 | 2.19 | 1,265,138 | 1,264,115 | Not set | 2003 | 75.533 | 2.41 | 1,248,517 |
| 2004-05 | 79.129 | 2.78 | 1,325,253 | 1,325,606 | Not set | 2004 | 77.43 | 2.51 | 1,310,091 |
| 2005-06 | 81.194 | 2.61 | 1,410,498 | 1,409,344 | Not set | 2005 | 79.475 | 2.64 | 1,386,386 |
| 2006-07 | 83.737 | 3.13 | 1,484,679 | 1,480,617 | Not set | 2006 | 81.885 | 3.03 | 1,463,435 |
| 2007-08 | 85.816 | 2.48 | 1,552,938 | 1,556,644 | Not set | 2007 | 83.995 | 2.58 | 1,536,565 |
| 2008-09 | 88.048 | 2.6 | 1,556,181 | 1,555,788 | Not set | 2008 | 86.38 | 2.84 | 1,572,467 |
| 2009-10 | 89.327 | 1.45 | 1,540,259 | 1,538,490 | Not set | 2009 | 87.684 | 1.51 | 1,529,536 |
| 2010-11 | 90.96 | 1.83 | 1,599,416 | 1,598,267 | Not set | 2010 | 89.06 | 1.57 | 1,579,877 |
| 2011-12 | 92.27 | 1.44 | 1,640,153 | 1,642,151 | Not set | 2011 | 90.851 | 2.01 | 1,635,062 |
| 2012-13 | 94.186 | 2.08 | 1,700,300 | 1,701,857 | Not set | 2012 | 92.268 | 1.56 | 1,685,225 |
| 2013-14 | 95.795 | 1.71 | 1,773,683 | 1,771,886 | Not set | 2013 | 94.026 | 1.9 | 1,752,554 |
| 2014-15 | 97.184 | 1.45 | 1,849,131 | 1,852,098 | Not set | 2014 | 95.641 | 1.72 | 1,837,062 |
| 2015-16 | 97.839 | 0.67 | 1,902,281 | 1,904,634 | Not set | 2015 | 96.078 | 0.46 | 1,888,737 |
| 2016-17 | 100 | 2.21 | 1,986,826 | 1,984,775 | Not set | 2016 | 97.971 | 1.97 | 1,963,311 |
| 2017-18 (1), (2) | - | 1.86 | 2,054,247 | 2,054,713 | Not set | 2017 | 100 | 2.07 | 2,038,714 |
| 2018-19 (1), (2) | - | 1.52 | 2,116,053 | 2,116,364 | Not set | 2018 (1), (2) | - | 1.53 | 2,101,480 |
| 2019-20 (1), (2) | - | 1.57 | 2,176,921 | 2,176,448 | Not set | 2019 (1), (2) | - | 1.56 | 2,160,970 |
| 2020-21 (1), (2) | - | 1.66 | 2,241,389 | 2,241,505 | Not set | 2020 (1), (2) | - | 1.65 | 2,224,866 |
| 2021-22 (1), (2) | - | 1.74 | 2,312,027 | 2,312,007 | Not set | 2021 (1), (2) | - | 1.71 | 2,293,682 |
| 2022-23 (1), (2) | - | 1.84 | 2,388,995 | 2,388,851 | Not set | 2022 (1), (2) | - | 1.82 | 2,369,357 |
| 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 2016-17 taken from ONS series L8GG in data tables: Table N. | Not set | Not set | Not set | Not set | Not set | Not set | Not set | Not set |
| Not set | https://www.ons.gov.uk/file?uri=/economy/grossdomesticproductgdp/datasets/uksecondestimateofgdpdatatables/current/uksecondestimateofgdpdatatables.xls | Not set | Not set | Not set | Not set | Not set | Not set | Not set | Not set |
| Not set | Calendar years 1955 to 2017 taken from ONS series MNF2 in data tables: Table O. | Not set | Not set | Not set | Not set | Not set | Not set | Not set | Not set |
| Not set | https://www.ons.gov.uk/file?uri=/economy/grossdomesticproductgdp/datasets/uksecondestimateofgdpdatatables/current/uksecondestimateofgdpdatatables.xls | Not set | Not set | Not set | Not set | Not set | Not set | Not set | Not set |
| Not set | For years 2017-18 to 2022-23 (2018 to 2022): taken from the Office for Budgetary Responsibility (OBR) forecasts for GDP deflator increases as of March 2018 Economy supplementary tables. | Not set | Not set | Not set | Not set | Not set | Not set | Not set | Not set |
| Not set | http://obr.uk/efo/economic-fiscal-outlook-march-2018/ | Not set | Not set | Not set | Not set | Not set | Not set | Not set | Not set |
| Money GDP: | For years 1955-56 to 2016-17 (1955 to 2017): ONS data for money GDP not seasonally adjusted series BKTL in data tables: Table N. | Not set | Not set | Not set | Not set | Not set | Not set | Not set | Not set |
| Not set | https://www.ons.gov.uk/file?uri=/economy/grossdomesticproductgdp/datasets/uksecondestimateofgdpdatatables/current/uksecondestimateofgdpdatatables.xls | Not set | Not set | Not set | Not set | Not set | Not set | Not set | Not set |
| Not set | For years 1955-56 to 2016-17: ONS data for money GDP seasonally adjusted series YBHA in data tables: Table N. | Not set | Not set | Not set | Not set | Not set | Not set | Not set | Not set |
| Not set | https://www.ons.gov.uk/file?uri=/economy/grossdomesticproductgdp/datasets/uksecondestimateofgdpdatatables/current/uksecondestimateofgdpdatatables.xls | Not set | Not set | Not set | Not set | Not set | Not set | Not set | Not set |
| Not set | For years 2017-18 to 2022-23 (2018 to 2022): taken from the Office for Budgetary Responsibility (OBR) forecasts for GDP deflator increases as of March 2018 Economy supplementary tables. | Not set | Not set | Not set | Not set | Not set | Not set | Not set | Not set |
| Not set | http://obr.uk/efo/economic-fiscal-outlook-march-2018/ | 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 2017-18 to 2022-23 (2018 to 2022), this presentation only shows percentage changes in line with OBR data as of the Spring Statement 2018. | Not set | Not set | Not set | Not set | Not set | Not set | Not set | Not set |
| 2) | For years 2017-18 to 2022-23 (2018 to 2022), money GDP forecasts from the OBR as of the Spring Statement 2018. | Not set | Not set | Not set | Not set | Not set | Not set | Not set | Not set |
| 3) | Non-Seasonally adjusted money GDP (BKTL) from 1955-56 to 2016-17 (1955 to 2017) consistent with ONS Second Estimate of GDP release of 22 February 2018. | Not set | Not set | Not set | Not set | Not set | Not set | Not set | Not set |
| 4) | Seasonally adjusted money GDP (YBHA) from 1955-56 to 2016-17 consistent with ONS Second Estimate of GDP release of 22 February 2018. | Not set | Not set | Not set | Not set | Not set | Not set | Not set | Not set |
| 5) | 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 |
| 6) | 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 |