National statistics
GDP deflators at market prices, and money GDP October 2018 (Budget 2018)
Updated 1 November 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 Quarterly National Accounts from ONS - last updated 28 September 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 Budget 2018 EFO data as at 29 October 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 | 2017-18 = 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 | 4.267 | Not set | 19,816 | 19,830 | Not set | 1955 | 4.226 | Not set | 19,416 |
| 1956-57 | 4.537 | 6.32 | 21,412 | 21,386 | Not set | 1956 | 4.517 | 6.89 | 21,087 |
| 1957-58 | 4.749 | 4.67 | 22,771 | 22,788 | Not set | 1957 | 4.701 | 4.07 | 22,365 |
| 1958-59 | 4.868 | 2.52 | 23,621 | 23,593 | Not set | 1958 | 4.877 | 3.75 | 23,500 |
| 1959-60 | 4.891 | 0.47 | 25,132 | 25,184 | Not set | 1959 | 4.915 | 0.77 | 24,654 |
| 1960-61 | 4.992 | 2.07 | 26,922 | 26,942 | Not set | 1960 | 4.966 | 1.05 | 26,476 |
| 1961-62 | 5.158 | 3.32 | 28,346 | 28,374 | Not set | 1961 | 5.142 | 3.53 | 28,142 |
| 1962-63 | 5.32 | 3.14 | 29,682 | 29,699 | Not set | 1962 | 5.323 | 3.53 | 29,460 |
| 1963-64 | 5.403 | 1.57 | 32,137 | 32,095 | Not set | 1963 | 5.396 | 1.37 | 31,324 |
| 1964-65 | 5.659 | 4.73 | 35,047 | 35,114 | Not set | 1964 | 5.589 | 3.57 | 34,237 |
| 1965-66 | 5.959 | 5.31 | 37,662 | 37,617 | Not set | 1965 | 5.92 | 5.92 | 37,036 |
| 1966-67 | 6.258 | 5.01 | 40,140 | 40,135 | Not set | 1966 | 6.227 | 5.2 | 39,573 |
| 1967-68 | 6.432 | 2.79 | 42,739 | 42,848 | Not set | 1967 | 6.415 | 3.01 | 41,901 |
| 1968-69 | 6.76 | 5.1 | 46,959 | 46,979 | Not set | 1968 | 6.679 | 4.13 | 46,008 |
| 1969-70 | 7.215 | 6.73 | 50,971 | 51,027 | Not set | 1969 | 7.109 | 6.44 | 49,909 |
| 1970-71 | 7.929 | 9.89 | 57,859 | 57,946 | Not set | 1970 | 7.789 | 9.56 | 56,177 |
| 1971-72 | 8.526 | 7.54 | 64,651 | 64,551 | Not set | 1971 | 8.435 | 8.29 | 62,948 |
| 1972-73 | 9.254 | 8.54 | 74,012 | 74,118 | Not set | 1972 | 9.076 | 7.61 | 70,663 |
| 1973-74 | 10.071 | 8.83 | 82,965 | 82,985 | Not set | 1973 | 9.883 | 8.88 | 81,895 |
| 1974-75 | 12.102 | 20.16 | 98,243 | 98,415 | Not set | 1974 | 11.471 | 16.07 | 92,743 |
| 1975-76 | 15.063 | 24.47 | 120,905 | 120,793 | Not set | 1975 | 14.464 | 26.1 | 115,176 |
| 1976-77 | 17.16 | 13.92 | 142,000 | 142,503 | Not set | 1976 | 16.702 | 15.47 | 136,949 |
| 1977-78 | 19.523 | 13.77 | 165,996 | 165,797 | Not set | 1977 | 19.016 | 13.86 | 159,701 |
| 1978-79 | 21.709 | 11.2 | 192,181 | 192,299 | Not set | 1978 | 21.248 | 11.74 | 185,968 |
| 1979-80 | 25.373 | 16.88 | 232,495 | 232,519 | Not set | 1979 | 24.324 | 14.47 | 220,845 |
| 1980-81 | 30.236 | 19.16 | 267,471 | 267,777 | Not set | 1980 | 29.248 | 20.25 | 259,962 |
| 1981-82 | 33.412 | 10.51 | 297,954 | 297,398 | Not set | 1981 | 32.849 | 12.31 | 289,899 |
| 1982-83 | 35.847 | 7.29 | 327,120 | 327,387 | Not set | 1982 | 35.458 | 7.94 | 319,210 |
| 1983-84 | 37.551 | 4.75 | 357,828 | 357,041 | Not set | 1983 | 37.421 | 5.54 | 351,109 |
| 1984-85 | 39.668 | 5.64 | 385,681 | 384,907 | Not set | 1984 | 39.348 | 5.15 | 377,577 |
| 1985-86 | 41.847 | 5.49 | 423,462 | 424,075 | Not set | 1985 | 41.436 | 5.31 | 414,329 |
| 1986-87 | 43.578 | 4.14 | 455,085 | 455,821 | Not set | 1986 | 43.287 | 4.47 | 446,413 |
| 1987-88 | 46.015 | 5.59 | 510,371 | 510,593 | Not set | 1987 | 45.623 | 5.4 | 495,534 |
| 1988-89 | 48.998 | 6.48 | 569,310 | 570,202 | Not set | 1988 | 48.309 | 5.89 | 554,896 |
| 1989-90 | 52.772 | 7.7 | 627,117 | 626,826 | Not set | 1989 | 52.074 | 7.79 | 613,381 |
| 1990-91 | 57.097 | 8.19 | 676,943 | 678,559 | Not set | 1990 | 56.255 | 8.03 | 667,435 |
| 1991-92 | 60.376 | 5.74 | 712,877 | 711,492 | Not set | 1991 | 59.962 | 6.59 | 703,728 |
| 1992-93 | 61.904 | 2.53 | 734,387 | 736,200 | Not set | 1992 | 61.796 | 3.06 | 727,965 |
| 1993-94 | 63.41 | 2.43 | 778,018 | 775,578 | Not set | 1993 | 63.455 | 2.68 | 766,408 |
| 1994-95 | 64.176 | 1.21 | 815,769 | 815,425 | Not set | 1994 | 64.265 | 1.28 | 806,420 |
| 1995-96 | 66.147 | 3.07 | 859,841 | 859,753 | Not set | 1995 | 65.843 | 2.46 | 846,536 |
| 1996-97 | 68.477 | 3.52 | 916,578 | 915,611 | Not set | 1996 | 68.532 | 4.08 | 903,432 |
| 1997-98 | 68.93 | 0.66 | 959,331 | 959,532 | Not set | 1997 | 69.023 | 0.72 | 948,953 |
| 1998-99 | 69.819 | 1.29 | 1,003,372 | 1,004,504 | Not set | 1998 | 69.765 | 1.07 | 991,238 |
| 1999-00 | 70.086 | 0.38 | 1,045,091 | 1,042,993 | Not set | 1999 | 70.323 | 0.8 | 1,031,158 |
| 2000-01 | 71.666 | 2.25 | 1,099,246 | 1,098,678 | Not set | 2000 | 71.806 | 2.11 | 1,089,341 |
| 2001-02 | 72.384 | 1 | 1,141,377 | 1,141,412 | Not set | 2001 | 72.393 | 0.82 | 1,129,443 |
| 2002-03 | 74.179 | 2.48 | 1,200,616 | 1,200,595 | Not set | 2002 | 73.97 | 2.18 | 1,182,956 |
| 2003-04 | 75.719 | 2.08 | 1,268,445 | 1,267,512 | Not set | 2003 | 75.75 | 2.41 | 1,251,847 |
| 2004-05 | 77.759 | 2.69 | 1,327,919 | 1,326,989 | Not set | 2004 | 77.621 | 2.47 | 1,312,854 |
| 2005-06 | 79.797 | 2.62 | 1,412,939 | 1,412,673 | Not set | 2005 | 79.597 | 2.54 | 1,388,753 |
| 2006-07 | 82.169 | 2.97 | 1,487,530 | 1,482,862 | Not set | 2006 | 81.937 | 2.94 | 1,465,902 |
| 2007-08 | 84.205 | 2.48 | 1,558,747 | 1,562,650 | Not set | 2007 | 84.017 | 2.54 | 1,541,442 |
| 2008-09 | 86.491 | 2.71 | 1,563,555 | 1,563,625 | Not set | 2008 | 86.424 | 2.87 | 1,579,796 |
| 2009-10 | 87.716 | 1.42 | 1,547,137 | 1,545,491 | Not set | 2009 | 87.811 | 1.6 | 1,537,213 |
| 2010-11 | 89.348 | 1.86 | 1,606,602 | 1,607,470 | Not set | 2010 | 89.155 | 1.53 | 1,587,466 |
| 2011-12 | 90.522 | 1.31 | 1,650,370 | 1,650,902 | Not set | 2011 | 90.867 | 1.92 | 1,644,546 |
| 2012-13 | 92.345 | 2.01 | 1,710,685 | 1,709,904 | Not set | 2012 | 92.284 | 1.56 | 1,694,417 |
| 2013-14 | 94.039 | 1.83 | 1,781,350 | 1,782,241 | Not set | 2013 | 94.005 | 1.87 | 1,761,347 |
| 2014-15 | 95.247 | 1.28 | 1,855,049 | 1,857,707 | Not set | 2014 | 95.617 | 1.72 | 1,844,295 |
| 2015-16 | 96.009 | 0.8 | 1,912,472 | 1,913,870 | Not set | 2015 | 96.034 | 0.44 | 1,895,839 |
| 2016-17 | 98.137 | 2.22 | 1,989,127 | 1,990,080 | Not set | 2016 | 98.01 | 2.06 | 1,969,524 |
| 2017-18 | 100 | 1.9 | 2,060,449 | 2,059,331 | Not set | 2017 | 100 | 2.03 | 2,044,471 |
| 2018-19 (1), (2) | - | 1.82 | 2,126,138 | 2,126,555 | Not set | 2018 (1), (2) | - | 1.85 | 2,109,063 |
| 2019-20 (1), (2) | - | 1.79 | 2,198,110 | 2,198,207 | Not set | 2019 (1), (2) | - | 1.73 | 2,180,147 |
| 2020-21 (1), (2) | - | 1.94 | 2,272,965 | 2,272,736 | Not set | 2020 (1), (2) | - | 1.92 | 2,253,785 |
| 2021-22 (1), (2) | - | 1.93 | 2,350,324 | 2,350,433 | Not set | 2021 (1), (2) | - | 1.94 | 2,330,800 |
| 2022-23 (1), (2) | - | 1.94 | 2,431,954 | 2,431,945 | Not set | 2022 (1), (2) | - | 1.92 | 2,411,009 |
| 2023-24 (1), (2) | - | 1.9 | 2,517,683 | 2,517,634 | Not set | 2023 (1), (2) | - | 1.92 | 2,495,818 |
| 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 2017-18 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/quarter2aprtojune2018quarterlynationalaccounts/qnatables.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/quarter2aprtojune2018quarterlynationalaccounts/qnatables.xls | Not set | Not set | Not set | Not set | Not set | Not set | Not set | Not set |
| Not set | For years 2018-19 to 2023-24 (2018 to 2023): taken from the Office for Budgetary Responsibility (OBR) forecasts for GDP deflator increases as of October 2018 Economy and fiscal outlook tables. | Not set | Not set | Not set | Not set | Not set | Not set | Not set | Not set |
| Not set | https://obr.uk/efo/economic-fiscal-outlook-october-2018/ | Not set | Not set | Not set | Not set | Not set | Not set | Not set | Not set |
| Money GDP: | For years 1955-56 to 2017-18 (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/quarter2aprtojune2018quarterlynationalaccounts/qnatables.xls | Not set | Not set | Not set | Not set | Not set | Not set | Not set | Not set |
| Not set | For years 1955-56 to 2017-18: 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/quarter2aprtojune2018quarterlynationalaccounts/qnatables.xls | Not set | Not set | Not set | Not set | Not set | Not set | Not set | Not set |
| Not set | For years 2018-19 to 2023-24 (2018 to 2023): taken from the Office for Budgetary Responsibility (OBR) forecasts for GDP deflator increases as of October 2018 Economy supplementary tables. | Not set | Not set | Not set | Not set | Not set | Not set | Not set | Not set |
| Not set | https://obr.uk/efo/economic-fiscal-outlook-october-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 2018-19 to 2023-24 (2018 to 2023), this presentation only shows percentage changes in line with OBR data as of the Budget 2018. | Not set | Not set | Not set | Not set | Not set | Not set | Not set | Not set |
| 2) | For years 2018-19 to 2023-24 (2018 to 2023), money GDP forecasts from the OBR as of the Budget 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 2017-18 (1955 to 2017) consistent with ONS Quarterly National Accounts release of 28 September 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 2017-18 consistent with ONS Quarterly National Accounts release of 28 September 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 |