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National Statistics

GDP deflators: December 2013

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GDP DEFLATORS AT MARKET PRICES, AND MONEY GDP
Outturn data are from the ONS Quarterly National Accounts- Last updated 20 December 2013
Forecast data are consistent with OBR Autumn Statement data 5 December 2013
Financial year Calendar year
GDP deflator at market prices Money GDP(2) GDP deflator at market prices Money GDP(2)
Financial year 2012-13 = 100 per cent change on previous year Cash £ million Calendar year 2012 = 100 per cent change on previous year Cash £ million
1955-56 5.303 19,854 1955 5.263 19,490
1956-57 5.595 5.51 21,245 1956 5.587 6.17 20,955
1957-58 5.827 4.14 22,460 1957 5.779 3.43 22,106
1958-59 5.968 2.43 23,196 1958 5.984 3.55 23,051
1959-60 6.004 0.59 24,791 1959 6.038 0.9 24,348
1960-61 6.103 1.65 26,283 1960 6.088 0.83 25,972
1961-62 6.258 2.54 27,600 1961 6.251 2.68 27,407
1962-63 6.442 2.94 29,008 1962 6.453 3.23 28,707
1963-64 6.523 1.26 31,178 1963 6.529 1.17 30,409
1964-65 6.808 4.37 34,007 1964 6.737 3.18 33,221
1965-66 7.118 4.55 36,452 1965 7.093 5.29 35,882
1966-67 7.398 3.93 38,662 1966 7.382 4.08 38,185
1967-68 7.582 2.5 40,974 1967 7.573 2.59 40,276
1968-69 7.919 4.43 44,493 1968 7.848 3.63 43,648
1969-70 8.324 5.12 47,747 1969 8.256 5.2 47,017
1970-71 8.99 8 53,069 1970 8.85 7.19 51,695
1971-72 9.767 8.64 59,302 1971 9.645 8.99 57,653
1972-73 10.571 8.23 67,452 1972 10.404 7.87 64,602
1973-74 11.317 7.06 75,309 1973 11.173 7.4 74,507
1974-75 13.513 19.4 89,903 1974 12.806 14.61 84,474
1975-76 16.937 25.34 112,103 1975 16.269 27.04 106,717
1976-77 19.256 13.69 130,999 1976 18.77 15.37 126,339
1977-78 21.885 13.66 152,485 1977 21.336 13.67 147,068
1978-79 24.279 10.94 174,333 1978 23.802 11.56 169,455
1979-80 28.34 16.73 209,654 1979 27.214 14.34 199,252
1980-81 33.514 18.25 239,195 1980 32.523 19.51 233,184
1981-82 36.704 9.52 263,139 1981 36.201 11.31 256,439
1982-83 39.196 6.79 287,681 1982 38.832 7.27 281,250
1983-84 40.922 4.4 313,226 1983 40.877 5.27 307,425
1984-85 42.976 5.02 336,756 1984 42.631 4.29 330,028
1985-86 45.292 5.39 369,916 1985 44.986 5.52 361,758
1986-87 46.549 2.78 396,262 1986 46.398 3.14 389,149
1987-88 49.079 5.43 441,979 1987 48.703 4.97 429,613
1988-89 52.239 6.44 492,181 1988 51.59 5.93 480,407
1989-90 55.809 6.83 539,946 1989 55.287 7.17 528,118
1990-91 59.77 7.1 580,926 1990 59.033 6.77 574,073
1991-92 63.446 6.15 614,012 1991 62.991 6.71 604,683
1992-93 64.682 1.95 635,991 1992 64.822 2.91 630,328
1993-94 65.934 1.93 676,027 1993 66.044 1.89 664,671
1994-95 66.748 1.24 716,435 1994 66.811 1.16 705,690
1995-96 68.421 2.51 759,392 1995 68.418 2.41 748,201
1996-97 70.318 2.77 809,434 1996 70.335 2.8 796,013
1997-98 71.591 1.81 856,014 1997 71.584 1.78 845,421
1998-99 72.959 1.91 903,201 1998 72.951 1.91 892,271
1999-00 74.394 1.97 953,810 1999 74.53 2.16 938,383
2000-01 74.923 0.71 1,000,990 2000 75.13 0.81 987,139
2001-02 76.962 2.72 1,040,339 2001 76.842 2.28 1,031,732
2002-03 78.75 2.32 1,098,061 2002 78.738 2.47 1,081,465
2003-04 80.276 1.94 1,164,429 2003 80.443 2.17 1,148,524
2004-05 82.494 2.76 1,229,516 2004 82.345 2.37 1,212,968
2005-06 83.998 1.82 1,295,438 2005 83.959 1.96 1,276,743
2006-07 86.412 2.87 1,369,907 2006 86.363 2.86 1,349,483
2007-08 88.586 2.52 1,447,844 2007 88.351 2.3 1,427,889
2008-09 91.087 2.82 1,442,253 2008 91.185 3.21 1,462,070
2009-10 93.586 2.74 1,432,213 2009 93.204 2.21 1,417,359
2010-11 96.03 2.61 1,502,176 2010 96.096 3.1 1,485,615
2011-12 98.265 2.33 1,549,085 2011 98.317 2.31 1,536,937
2012-13 100 1.77 1,573,541 2012 100 1.71 1,567,170
2013-14(1) - 2 1,642,000 2013(1) - 2.1 1,621,000
2014-15(1) - 2.1 1,712,000 2014(1) - 2.2 1,696,000
2015-16(1) - 1.5 1,777,000 2015(1) - 1.6 1,760,000
2016-17(1) - 1.8 1,857,000 2016(1) - 1.7 1,836,000
2017-18(1) - 1.7 1,940,000 2017(1) - 1.7 1,918,000
2018-19(1) - 1.7 2,026,000 2018(1) - 1.7 2,005,000
Sources and footnotes:
GDP Deflator: For financial years 1955-56 to 2012-13 and calendar years 1955 to 2012: data taken directly from ONS Quarterly National Accounts implied deflator at market prices series L8GG. Webpage:
http://www.ons.gov.uk/ons/datasets-and-tables/data-selector.html?cdid=L8GG&dataset=qna&table-id=N
For years 2013-14 to 2018-19 (2013 to 2018): derived from Office for Budgetary Responsibility (OBR) forecasts for GDP deflator increases as of the December 2013 Autumn Statement
Cash GDP: For years 1955-56 to 2012-13 (1955 to 2012): ONS data for money GDP (not seasonally adjusted, BKTL)
For years 2013-14 to 2018-19 (2013 to 2018): OBR forecasts for money GDP as of the December 2013 Autumn Statement
Footnotes:
-1 For years 2013-14 to 2018-19 (2013 to 2018), this presentation only shows percentage changes in line with the December 2013 Autumn Statement
-2 For years 2013-14 to 2018-19 (2013 to 2018), money GDP forecasts as shown in the December 2013 Autumn Statement rounded to nearest £ billion. These are the lower end of OBR's forecast range and are consistent with the deliberately cautious assumption of trend growth used as the basis for projecting the public finances
-3 For further information and the 'User's Guide' to these series, please visit the following page on the GOV.UK website at:
https://www.gov.uk/government/publications/gdp-deflators-at-market-prices-and-money-gdp-march-2013