National statistics
GDP deflators at market prices, and money GDP: March 2019 (Spring Statement)
Updated 14 March 2019
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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 First Quarterly Estimate of GDP from ONS - last updated 11 February 2019. | 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 2019 EFO data as at 13 March 2019 | 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 | 2018 = 100 | per cent change on previous year | Cash £ million Non-Seasonally Adjusted |
| 1955-56 | 4.262 | Not set | 19,816 | 19,830 | Not set | 1955 | 4.146 | Not set | 19,416 |
| 1956-57 | 4.532 | 6.32 | 21,412 | 21,386 | Not set | 1956 | 4.432 | 6.89 | 21,087 |
| 1957-58 | 4.743 | 4.67 | 22,771 | 22,788 | Not set | 1957 | 4.613 | 4.07 | 22,365 |
| 1958-59 | 4.863 | 2.51 | 23,621 | 23,593 | Not set | 1958 | 4.786 | 3.75 | 23,500 |
| 1959-60 | 4.886 | 0.48 | 25,132 | 25,184 | Not set | 1959 | 4.822 | 0.77 | 24,654 |
| 1960-61 | 4.987 | 2.07 | 26,922 | 26,942 | Not set | 1960 | 4.873 | 1.05 | 26,476 |
| 1961-62 | 5.152 | 3.32 | 28,346 | 28,374 | Not set | 1961 | 5.045 | 3.53 | 28,142 |
| 1962-63 | 5.314 | 3.14 | 29,682 | 29,699 | Not set | 1962 | 5.223 | 3.53 | 29,460 |
| 1963-64 | 5.397 | 1.57 | 32,137 | 32,095 | Not set | 1963 | 5.295 | 1.37 | 31,324 |
| 1964-65 | 5.653 | 4.73 | 35,047 | 35,114 | Not set | 1964 | 5.484 | 3.57 | 34,237 |
| 1965-66 | 5.953 | 5.3 | 37,662 | 37,617 | Not set | 1965 | 5.808 | 5.92 | 37,036 |
| 1966-67 | 6.251 | 5.01 | 40,140 | 40,135 | Not set | 1966 | 6.11 | 5.2 | 39,573 |
| 1967-68 | 6.425 | 2.79 | 42,739 | 42,848 | Not set | 1967 | 6.294 | 3.01 | 41,901 |
| 1968-69 | 6.753 | 5.1 | 46,959 | 46,979 | Not set | 1968 | 6.554 | 4.13 | 46,008 |
| 1969-70 | 7.207 | 6.73 | 50,971 | 51,027 | Not set | 1969 | 6.976 | 6.44 | 49,909 |
| 1970-71 | 7.92 | 9.89 | 57,859 | 57,946 | Not set | 1970 | 7.643 | 9.56 | 56,177 |
| 1971-72 | 8.517 | 7.54 | 64,651 | 64,551 | Not set | 1971 | 8.276 | 8.29 | 62,948 |
| 1972-73 | 9.244 | 8.54 | 74,012 | 74,118 | Not set | 1972 | 8.906 | 7.61 | 70,663 |
| 1973-74 | 10.06 | 8.83 | 82,965 | 82,985 | Not set | 1973 | 9.697 | 8.88 | 81,895 |
| 1974-75 | 12.088 | 20.16 | 98,243 | 98,415 | Not set | 1974 | 11.255 | 16.07 | 92,743 |
| 1975-76 | 15.047 | 24.47 | 120,905 | 120,793 | Not set | 1975 | 14.192 | 26.1 | 115,176 |
| 1976-77 | 17.142 | 13.92 | 142,000 | 142,503 | Not set | 1976 | 16.388 | 15.47 | 136,949 |
| 1977-78 | 19.501 | 13.77 | 165,996 | 165,797 | Not set | 1977 | 18.659 | 13.86 | 159,701 |
| 1978-79 | 21.685 | 11.2 | 192,181 | 192,299 | Not set | 1978 | 20.849 | 11.74 | 185,968 |
| 1979-80 | 25.345 | 16.88 | 232,495 | 232,519 | Not set | 1979 | 23.867 | 14.47 | 220,845 |
| 1980-81 | 30.202 | 19.16 | 267,471 | 267,777 | Not set | 1980 | 28.699 | 20.25 | 259,962 |
| 1981-82 | 33.375 | 10.51 | 297,954 | 297,398 | Not set | 1981 | 32.232 | 12.31 | 289,899 |
| 1982-83 | 35.807 | 7.29 | 327,120 | 327,387 | Not set | 1982 | 34.792 | 7.94 | 319,210 |
| 1983-84 | 37.51 | 4.75 | 357,828 | 357,041 | Not set | 1983 | 36.718 | 5.54 | 351,109 |
| 1984-85 | 39.625 | 5.64 | 385,681 | 384,907 | Not set | 1984 | 38.608 | 5.15 | 377,577 |
| 1985-86 | 41.801 | 5.49 | 423,462 | 424,075 | Not set | 1985 | 40.657 | 5.31 | 414,329 |
| 1986-87 | 43.531 | 4.14 | 455,085 | 455,821 | Not set | 1986 | 42.474 | 4.47 | 446,413 |
| 1987-88 | 45.965 | 5.59 | 510,371 | 510,593 | Not set | 1987 | 44.766 | 5.4 | 495,534 |
| 1988-89 | 48.944 | 6.48 | 569,310 | 570,202 | Not set | 1988 | 47.401 | 5.89 | 554,896 |
| 1989-90 | 52.714 | 7.7 | 627,117 | 626,826 | Not set | 1989 | 51.095 | 7.79 | 613,381 |
| 1990-91 | 57.034 | 8.19 | 676,943 | 678,559 | Not set | 1990 | 55.198 | 8.03 | 667,435 |
| 1991-92 | 60.31 | 5.74 | 712,877 | 711,492 | Not set | 1991 | 58.835 | 6.59 | 703,728 |
| 1992-93 | 61.836 | 2.53 | 734,387 | 736,200 | Not set | 1992 | 60.635 | 3.06 | 727,965 |
| 1993-94 | 63.34 | 2.43 | 778,018 | 775,578 | Not set | 1993 | 62.262 | 2.68 | 766,408 |
| 1994-95 | 64.106 | 1.21 | 815,769 | 815,425 | Not set | 1994 | 63.057 | 1.28 | 806,420 |
| 1995-96 | 66.075 | 3.07 | 859,841 | 859,753 | Not set | 1995 | 64.606 | 2.46 | 846,536 |
| 1996-97 | 68.402 | 3.52 | 916,578 | 915,611 | Not set | 1996 | 67.244 | 4.08 | 903,432 |
| 1997-98 | 68.854 | 0.66 | 959,331 | 959,532 | Not set | 1997 | 67.726 | 0.72 | 948,953 |
| 1998-99 | 69.743 | 1.29 | 1,003,372 | 1,004,504 | Not set | 1998 | 68.454 | 1.07 | 991,238 |
| 1999-00 | 70.009 | 0.38 | 1,045,091 | 1,042,993 | Not set | 1999 | 69.001 | 0.8 | 1,031,158 |
| 2000-01 | 71.588 | 2.25 | 1,099,246 | 1,098,678 | Not set | 2000 | 70.457 | 2.11 | 1,089,341 |
| 2001-02 | 72.305 | 1 | 1,141,377 | 1,141,412 | Not set | 2001 | 71.033 | 0.82 | 1,129,443 |
| 2002-03 | 74.098 | 2.48 | 1,200,616 | 1,200,595 | Not set | 2002 | 72.58 | 2.18 | 1,182,956 |
| 2003-04 | 75.636 | 2.08 | 1,268,445 | 1,267,512 | Not set | 2003 | 74.326 | 2.41 | 1,251,847 |
| 2004-05 | 77.674 | 2.69 | 1,327,919 | 1,326,989 | Not set | 2004 | 76.163 | 2.47 | 1,312,854 |
| 2005-06 | 79.71 | 2.62 | 1,412,939 | 1,412,673 | Not set | 2005 | 78.101 | 2.54 | 1,388,753 |
| 2006-07 | 82.079 | 2.97 | 1,487,530 | 1,482,862 | Not set | 2006 | 80.397 | 2.94 | 1,465,902 |
| 2007-08 | 84.113 | 2.48 | 1,558,747 | 1,562,650 | Not set | 2007 | 82.438 | 2.54 | 1,541,442 |
| 2008-09 | 86.396 | 2.71 | 1,563,555 | 1,563,625 | Not set | 2008 | 84.8 | 2.86 | 1,579,796 |
| 2009-10 | 87.62 | 1.42 | 1,547,137 | 1,545,491 | Not set | 2009 | 86.161 | 1.6 | 1,537,213 |
| 2010-11 | 89.25 | 1.86 | 1,606,602 | 1,607,470 | Not set | 2010 | 87.48 | 1.53 | 1,587,466 |
| 2011-12 | 90.423 | 1.31 | 1,650,370 | 1,650,902 | Not set | 2011 | 89.16 | 1.92 | 1,644,546 |
| 2012-13 | 92.244 | 2.01 | 1,710,685 | 1,709,904 | Not set | 2012 | 90.55 | 1.56 | 1,694,417 |
| 2013-14 | 93.936 | 1.83 | 1,781,350 | 1,782,241 | Not set | 2013 | 92.239 | 1.87 | 1,761,347 |
| 2014-15 | 95.143 | 1.28 | 1,855,049 | 1,857,707 | Not set | 2014 | 93.821 | 1.72 | 1,844,295 |
| 2015-16 | 95.904 | 0.8 | 1,912,472 | 1,913,870 | Not set | 2015 | 94.229 | 0.44 | 1,895,839 |
| 2016-17 | 98.088 | 2.28 | 1,989,398 | 1,991,226 | Not set | 2016 | 96.168 | 2.06 | 1,969,524 |
| 2017-18 | 100 | 1.95 | 2,066,856 | 2,064,363 | Not set | 2017 | 98.289 | 2.21 | 2,049,629 |
| 2018-19 (1), (2) | - | 1.78 | 2,130,611 | 2,131,665 | Not set | 2018 | 100 | 1.74 | 2,114,627 |
| 2019-20 (1), (2) | - | 2 | 2,199,839 | 2,199,987 | Not set | 2019 (1), (2) | - | 1.98 | 2,182,436 |
| 2020-21 (1), (2) | - | 1.84 | 2,274,802 | 2,274,314 | Not set | 2020 (1), (2) | - | 1.84 | 2,254,754 |
| 2021-22 (1), (2) | - | 1.94 | 2,355,228 | 2,355,501 | Not set | 2021 (1), (2) | - | 1.92 | 2,334,801 |
| 2022-23 (1), (2) | - | 1.95 | 2,439,946 | 2,439,921 | Not set | 2022 (1), (2) | - | 1.95 | 2,418,509 |
| 2023-24 (1), (2) | - | 2 | 2,528,665 | 2,528,573 | Not set | 2023 (1), (2) | - | 1.99 | 2,505,889 |
| 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/quarter4octtodec2018firstestimate/firstquarterlyestimateofgdpdatatables.xls | Not set | Not set | Not set | Not set | Not set | Not set | Not set | Not set |
| Not set | Calendar years 1955 to 2018 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/quarter4octtodec2018firstestimate/firstquarterlyestimateofgdpdatatables.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 (2019 to 2023): taken from the Office for Budgetary Responsibility (OBR) forecasts for GDP deflator increases as of March 2019 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-march-2019/ | 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 2018): 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/quarter4octtodec2018firstestimate/firstquarterlyestimateofgdpdatatables.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/quarter4octtodec2018firstestimate/firstquarterlyestimateofgdpdatatables.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 (2019 to 2023): taken from the Office for Budgetary Responsibility (OBR) forecasts for GDP deflator increases as of March 2019 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-march-2019/ | 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 (2019 to 2023), this presentation only shows percentage changes in line with OBR data as of the Spring Statement 2019. | Not set | Not set | Not set | Not set | Not set | Not set | Not set | Not set |
| 2) | For years 2018-19 to 2023-24 (2019 to 2023), money GDP forecasts from the OBR as of the Spring Statement 2019. | 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 2018) consistent with ONS First Quarterly Estimate of GDP release of 11 February 2019. | 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 First Quarterly Estimate of GDP release of 11 February 2019. | 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 |