"The UK recession in context what do three centuries of data tell u

This spreadsheet contains most of the data used for the 2010 Q4 Quarterly Bulletin article "The U
Thomas and Nicholas Dimsdale. It contains all the series for which we were able to obtain permis
of use to students and researchers of the UK's economic history. Please note the spreadsheet has
checked against original sources for the Bulletin article, some errors and omissions may remain an
very grateful if users of the spreadsheet could notify them of any errors they come across at sally.h
update the spreadsheet for new series and data outturns and would welcome feedback from users
about the organisation of the spreadsheet.

For the GDP data we have provided the various chains of raw data so that the method of calculatin
join or splice the different chains of data together. In most cases there are breaks or level differen
to methodological and classification differences. The method of splicing typically involves taking th
this backwards in time using the growth rates of earlier historical chains of data or, where appropri
we have left some breaks in the series. As discussed in the main article, contributions to GDP are
worksheets which are listed with hyperlinks below:

Contents
1. Real GDP
2. Nominal GDP
3. Quarterly GDP data 1924-2009
4. GDP(E) components 1830-2009 - values
5. GDP(E) components 1830-2009 - volumes
6. Component contributions to GDP(E) growth 1830-2009
7. Money, interest and prices
8. Fiscal data
9. Exchange rate data
10. External Trade data
11. Saving ratio data
12. Supply side data
The references in the different worksheets refer to the following sources:
Data Sources and other references

Broadberry, S N and van Leeuwen, B (2010), British economic growth and the business cycle
available at http://www2.warwick.ac.uk/fac/soc/economics/staff/academic/broadberry/wp/annualgd
Boyer G R and Hatton T J (2002), 'New estimates of British Unemployment, 1870-1913', Journ
Capie, F and Webber, A (1985), A Monetary History of the United Kingdom, 1870-1982, Volume
Cato, L V and Solomou, S N (2005), Effective exchange rates and the classical gold standard
Collins, M (1986), Sterling Exchange Rates, 1847-1880, The Journal of European Economic Histo
Crafts, N F R and Mills, T C (1994), Trends in real wages in Britain, 1750-1913, Explorations in
Cuenca Esteban J (1997), The rising share of British industrial exports in industrial output, 1700
Deane, P (1968), New estimates of Gross National Product for the United Kingdom 1830-1870, T
Dimsdale, N H (1981), British monetary policy and the exchange rate 1920-38, Oxford Econom
Domit, S and Shakir, T (2010), Interpreting the world trade collapse, Bank of England Quarterl
Feinstein, C H (1972), National income, output and expenditure of the United Kingdom 1855-196
Feinstein, C H and Pollard, S (1988), Studies in capital formation in the United Kingdom 1750Janssen, N, Nolan, C and Thomas, R (2002), Money, debt and prices in the United Kingdom,
Lewis, W A (1981), The rate of growth of world trade, 1830-1973, in Grassman, S and Lundberg
Middleton, R (1996), Government versus the Market, Edward Elgar.
Mitchell, B R (1988), British Historical Statistics, Cambridge University Press.
Mitchell J, Solomou S N and Weale M (2009), Monthly and quarterly GDP estimates for interw
Research.
O'Donoghue J, Goulding L and Allen G (2004), "Consumer Price Inflation since 1750", ONS Ec
Officer, L H (1996), Between the dollar-sterling gold points, Cambridge University Press.
Sefton, J and Weale, M (1995), Reconciliation of National Income and Expenditure: balanced es

Feinstein, C H and Pollard, S (1988), Studies in capital formation in the United Kingdom 1750Janssen, N, Nolan, C and Thomas, R (2002), Money, debt and prices in the United Kingdom,
Lewis, W A (1981), The rate of growth of world trade, 1830-1973, in Grassman, S and Lundberg
Middleton, R (1996), Government versus the Market, Edward Elgar.
Mitchell, B R (1988), British Historical Statistics, Cambridge University Press.
Mitchell J, Solomou S N and Weale M (2009), Monthly and quarterly GDP estimates for interw
Research.
O'Donoghue J, Goulding L and Allen G (2004), "Consumer Price Inflation since 1750", ONS Ec
Officer, L H (1996), Between the dollar-sterling gold points, Cambridge University Press.
Sefton, J and Weale, M (1995), Reconciliation of National Income and Expenditure: balanced es
Press.
Solomou, S N and Vartis, D (2005), Effective exchange rates in Britain, 1920-1930,The Journa
Solomou, S N and Weale, M (1991), Balanced estimates of UK GDP 1870-1913, Explorations i

es of data tell us?" - Data Annex

ulletin article "The UK recession in context what do three centuries of data tell us?" by Sally Hills, Ryland
able to obtain permission from the publishers /owners to show in our dataset. We hope the spreadsheet will
the spreadsheet has been constructed on a 'best endeavours ' basis. Although most of the data has been
sions may remain and users are advised to consult the original sources as a crosscheck. The authors would
come across at sally.hills@bankofengland.co.uk or ryland.thomas@bankofengland.co.uk. In the future we m
feedback from users on additional sources of data that we may have overlooked or for general suggestions

method of calculating the composite times series is clear. For other data we just show continuous series tha
eaks or level differences between the different chains of data in the period(s) where they overlap ,due large
ally involves taking the most up to date source of the data (typically Bank of England or ONS) and projecting
ta or, where appropriate , using changes in the historical chains of data. But in some cases (eg the fiscal dat
tributions to GDP are evaluated within the historical chains of data. The data are organized into several

nd the business cycle, 1700-1870: annual estimates, Department of Economics, University of Warwick,
adberry/wp/annualgdp9.pdf. (Please contact the authors directly for these data)
nt, 1870-1913', Journal of Economic History (62), pages 643-75.
, 1870-1982, Volume 1, Routledge.
assical gold standard adjustment, American Economic Review, 95(4), pages 125975.
opean Economic History Vol. 15, No. 3, pages 511-33
1913, Explorations in Economic History, Elsevier, Vol. 31 (2), pages 176-94.
dustrial output, 1700-1851 The Journal of Economic History, Vol. 57, No. 4, pages 879-906.
ngdom 1830-1870, The Review of Income and Wealth, Vol. 14 (2), pages 95-112.
-38, Oxford Economic Papers, Supplement.
k of England Quarterly Bulletin, Vol. 50, No. 3, pages 183-89.
ed Kingdom 1855-1965, Cambridge: Cambridge University Press.
nited Kingdom 1750-1920, Clarendon Press.
he United Kingdom, Economica, Vol. 69, No. 275, pages 461-79.
man, S and Lundberg, E (eds), The World Economic Orders: Pasts and Prospects. Palgrave Macmillan.

s.
P estimates for interwar Britain, NIESR Discussion Paper no. 348, National Institute of Economic and Social

since 1750", ONS Economic Trends 604, March 2004.

ersity Press.
enditure: balanced estimates of national income for the United Kingdom,1920-1990, Cambridge University

nited Kingdom 1750-1920, Clarendon Press.

he United Kingdom, Economica, Vol. 69, No. 275, pages 461-79.
man, S and Lundberg, E (eds), The World Economic Orders: Pasts and Prospects. Palgrave Macmillan.

s.
P estimates for interwar Britain, NIESR Discussion Paper no. 348, National Institute of Economic and Social

since 1750", ONS Economic Trends 604, March 2004.

ersity Press.
enditure: balanced estimates of national income for the United Kingdom,1920-1990, Cambridge University

920-1930,The Journal of Economic History, Vol. 65, No.3, pages 850-59.

1913, Explorations in Economic History, Vol. 28, No. 1, pages 54-63.

ll us?" by Sally Hills, Ryland

We hope the spreadsheet will be
most of the data has been
sscheck. The authors would be
nd.co.uk. In the future we may
ed or for general suggestions

st show continuous series that

where they overlap ,due largely
gland or ONS) and projecting
some cases (eg the fiscal data)
e organized into several

, University of Warwick,

5975.

es 879-906.
2.

. Palgrave Macmillan.

ute of Economic and Social

990, Cambridge University

. Palgrave Macmillan.

ute of Economic and Social

990, Cambridge University

Composite measure of real GDP at factor cost

Sources

1688
1689
1690
1691
1692
1693
1694
1695
1696
1697
1698
1699
1700
1701
1702
1703
1704
1705
1706
1707
1708
1709
1710
1711
1712
1713
1714
1715
1716
1717
1718
1719
1720
1721
1722
1723
1724
1725
1726
1727
1728
1729

Chained composite measure of

GDP. Chained volume measure
mn, reference year 2006, using
components in Cols D to I (see
Appendix of QB article).

Annual growth

1730
1731
1732
1733
1734
1735
1736
1737
1738
1739
1740
1741
1742
1743
1744
1745
1746
1747
1748
1749
1750
1751
1752
1753
1754
1755
1756
1757
1758
1759
1760
1761
1762
1763
1764
1765
1766
1767
1768
1769
1770
1771
1772
1773
1774
1775
1776
1777

1778
1779
1780
1781
1782
1783
1784
1785
1786
1787
1788
1789
1790
1791
1792
1793
1794
1795
1796
1797
1798
1799
1800
1801
1802
1803
1804
1805
1806
1807
1808
1809
1810
1811
1812
1813
1814
1815
1816
1817
1818
1819
1820
1821
1822
1823
1824
1825

1826
1827
1828
1829
1830
1831
1832
1833
1834
1835
1836
1837
1838
1839
1840
1841
1842
1843
1844
1845
1846
1847
1848
1849
1850
1851
1852
1853
1854
1855
1856
1857
1858
1859
1860
1861
1862
1863
1864
1865
1866
1867
1868
1869
1870
1871
1872
1873

35761
37417
36837
37417
39073
41142
41804
41556
43874
45861
44536
42798
42549
43874
46275
48758
52152
50827
52483
53145
52235
54553
55629
57202
58278
59188
61989
61989
62176
64790
65910
67404
68151
69831
70951
74125
74686
73752
76179
77673
84208
88520
88604
89281

4.63
-1.55
1.57
4.42
5.30
1.61
-0.59
5.58
4.53
-2.89
-3.90
-0.58
3.11
5.47
5.37
6.96
-2.54
3.26
1.26
-1.71
4.44
1.97
2.83
1.88
1.56
4.73
0.00
0.30
4.20
1.73
2.27
1.11
2.47
1.60
4.47
0.76
-1.25
3.29
1.96
8.41
5.12
0.10
0.76

1874
1875
1876
1877
1878
1879
1880
1881
1882
1883
1884
1885
1886
1887
1888
1889
1890
1891
1892
1893
1894
1895
1896
1897
1898
1899
1900
1901
1902
1903
1904
1905
1906
1907
1908
1909
1910
1911
1912
1913
1914
1915
1916
1917
1918
1919
1920
1921

93001
93846
94438
94945
95706
93593
100948
102977
104753
108135
107205
106275
107035
111432
114983
118703
119717
122423
119886
119041
124959
129017
134682
135866
142376
147702
146772
150408
152521
151084
153029
157679
161568
164527
158355
162667
166979
172559
174926
182451
186647
198506
202338
203797
208176
187559
172963
155419

4.17
0.91
0.63
0.54
0.80
-2.21
7.86
2.01
1.72
3.23
-0.86
-0.87
0.72
4.11
3.19
3.24
0.85
2.26
-2.07
-0.71
4.97
3.25
4.39
0.88
4.79
3.74
-0.63
2.48
1.41
-0.94
1.29
3.04
2.47
1.83
-3.75
2.72
2.65
3.34
1.37
4.30
2.30
6.35
1.93
0.72
2.15
-9.90
-7.78
-10.14

1922
1923
1924
1925
1926
1927
1928
1929
1930
1931
1932
1933
1934
1935
1936
1937
1938
1939
1940
1941
1942
1943
1944
1945
1946
1947
1948
1949
1950
1951
1952
1953
1954
1955
1956
1957
1958
1959
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969

165139
170290
178649
185210
179184
193812
195416
201199
199401
189487
190313
196582
208781
216459
227102
234975
236530
247514
275458
300924
307047
312539
297376
281582
273320
269723
279589
289269
298626
306197
307240
319087
331876
343336
347581
353363
352952
366553
386464
396023
400903
405166
427915
439592
447628
455667
475499
486319

6.25
3.12
4.91
3.67
-3.25
8.16
0.83
2.96
-0.89
-4.97
0.44
3.29
6.21
3.68
4.92
3.47
0.66
4.64
11.29
9.24
2.03
1.79
-4.85
-5.31
-2.93
-1.32
3.66
3.46
3.23
2.54
0.34
3.86
4.01
3.45
1.24
1.66
-0.12
3.85
5.43
2.47
1.23
1.06
5.61
2.73
1.83
1.80
4.35
2.28

1970
1971
1972
1973
1974
1975
1976
1977
1978
1979
1980
1981
1982
1983
1984
1985
1986
1987
1988
1989
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009

496224
507493
524782
564814
559310
556438
571437
585241
599873
613214
601170
593867
607758
628842
643602
668508
693529
723646
758511
776039
783402
776229
778517
796661
828341
851008
874048
902553
936595
969982
1007961
1030699
1049074
1078684
1109830
1135838
1169185
1201018
1199319
1139859

2.04
2.27
3.41
7.63
-0.97
-0.51
2.70
2.42
2.50
2.22
-1.96
-1.21
2.34
3.47
2.35
3.87
3.74
4.34
4.82
2.31
0.95
-0.92
0.29
2.33
3.98
2.74
2.71
3.26
3.77
3.56
3.92
2.26
1.78
2.82
2.89
2.34
2.94
2.72
-0.14
-4.96

eal GDP at factor cost

Broadberry and van Leeuwen (2010)
real GDP 1850=100 (Please contact
the authors directly for this series)

Feinstein's GDP(E) factor cost

estimate from Mitchell (1988) Page
837, 1830-1913, mn 1900 prices

Please contact

contact the authors directly

432
452
445
452
472
497
505
502
530
554
538
517
514
530
559
589
630
614
634
642
631
659
672
691
704
715
745
753
741
793
787
820
822
861
875
919
926
926
957
977
1063
1084
1074
1087

1155
1146
1145
1132
1204
1131
1276
1246
1258
1332
1338
1315
1332
1374
1389
1432
1453
1478
1470
1441
1557
1586
1659
1625
1738
1858
1787
1919
1890
1871
1911
1974
1976
1984
1944
2010
2047
2124
2103
2229

Feinstein's GDP at factor cost

'Compromise estimate' 1855-1920 from
Mitchell (1988) Page 836, 1913=100

Solomou and Weale (1991):

Balanced estimate of GDP
for 1870-1913, mn 1900
constant factor cost. Table
3.

31.7
33.2
33.2
33.3
34.7
35.3
36.1
36.5
37.4
38.0
39.7
40.0
39.5
40.8
41.6
45.1
46.8
46.9
48.4

996
1047
1048
1056

48.7
50.0
50.3
51.0
50.7
51.1
53.0
55.2
56.7
57.3
57.6
57.2
58.2
60.3
62.8
66.5
66.9
66.5
64.9
64.8
69.9
72.0
74.5
75.0
79.0
82.6
81.4
82.3
83.8
82.5
83.4
86.6
88.7
90.6
87.1
89.5
91.7
94.9
96.1
100.0
102.3
108.8
110.9
111.7
114.1
102.8
94.8

1100
1110
1117
1123
1132
1107
1194
1218
1239
1279
1268
1257
1266
1318
1360
1404
1416
1448
1418
1408
1478
1526
1593
1607
1684
1747
1736
1779
1804
1787
1810
1865
1911
1946
1873
1924
1975
2041
2069
2158

Sefton and Weale (1995): Balanced Gross

Domestic Product at factor cost (m 1938
constant factor cost) 1920-1948. Table A.3
Pages 188-189

ONS: GDP at factor cost,

Chained volume measure,
mn 2006 reference yr
prices (Code YBHH)

3559
3198

3398
3504
3676
3811
3687
3988
4021
4140
4103
3899
3916
4045
4296
4454
4673
4835
4867
5093
5668
6192
6318
6431
6119
5794
5624
5550
5753

279589
289269
298626
306197
307240
319087
331876
343336
347581
353363
352952
366553
386464
396023
400903
405166
427915
439592
447628
455667
475499
486319

496224
507493
524782
564814
559310
556438
571437
585241
599873
613214
601170
593867
607758
628842
643602
668508
693529
723646
758511
776039
783402
776229
778517
796661
828341
851008
874048
902553
936595
969982
1007961
1030699
1049074
1078684
1109830
1135838
1169185
1201018
1199319
1139859

Alternative data series not used: these can be used, for example, to create market pric

Feinstein's GDP at factor cost

'Compromise estimate' 192048 from Mitchell (1988) Page
836, 1913=100

Feinstein's GDP(E) market

price estimate from
Mitchell (1988) Page 837,
1830-1913, mn 1900
prices

Feinstein's GDP(E) market

price estimate from Mitchell
(1988) Page 837, 19131920, mn 1938 prices

470
491
484
491
512
538
548
544
574
599
582
561
557
574
605
637
680
663
684
694
682
712
726
747
760
771
803
813
801
855
850
885
888
928
944
991
1000
1001
1034
1056
1143
1168
1161
1177

1248
1241
1241
1228
1300
1225
1372
1342
1354
1430
1436
1413
1430
1474
1489
1535
1558
1586
1579
1549
1668
1700
1776
1744
1860
1985
1915
2049
2020
2000
2040
2105
2108
2118
2076
2139
2178
2259
2239
2369

91.3
83.9

4632
4711
5154
5153
5151
5168
4782
4373

88.2
91
94.8
99.4
95.7
103.4
104.7
107.8
107
101.5
102.3
105.3
112.2
116.5
121.8
126.1
127.6
128.9
141.8
154.7
158.5
162
155.6
148.8
142.3
140.2
144.7

ple, to create market price volume measures from the various chains of data.

Feinstein's GDP(E) factor

cost estimate from Mitchell
(1988) Page 837, 19131920, mn 1938 prices

Feinstein's GDP(E) market

price estimate from Mitchell
(1988) Page 837, 19201948, mn 1938 prices

Feinstein's GDP(E) factor

cost estimate from Mitchell
(1988) Page 837, 19201948, mn 1938 prices

4121
4204
4637
4673
4736
4763
4308
3860

4096
3857

3607
3402

3992
4115
4238
4449
4243
4539
4617
4726
4720
4480
4493
4544
4851
5033
5190
5411
5572
5790
6625
7024
7094
7225
6898
6471
6433
6278
6439

3542
3657
3765
3966
3769
4045
4117
4216
4210
3980
4008
4046
4334
4496
4633
4834
4985
5190
6036
6414
6487
6612
6284
5840
5790
5641
5806

Sefton and Weale (1995):

Balanced GDP at market prices
(m 1938 constant prices)
1920-1948. Table A.3 Pages
188-189

ONS: GDP(A) at market prices,

Chained volume measure
1948-2009, mn 2006
reference yr prices

4047
3654

3848
3962
4149
4295
4161
4481
4521
4650
4613
4399
4402
4542
4813
4991
5229
5412
5454
5694
6259
6804
6926
7045
6735
6427
6269
6189
6388

304950
315091
325119
333975
334158
346985
361258
373836
377308
383581
384807
401279
422669
432531
437207
456002
480991
491703
501170
513531
535100
546189

558447
570138
590984
633509
625191
621310
637697
652875
673990
692087
678013
669765
684517
709783
728887
755300
785620
821461
862797
882481
889358
876974
878260
897777
936204
964780
992617
1025447
1062433
1099327
1142372
1170489
1195035
1228595
1264852
1292335
1328363
1364029
1363139
1295159

ONS: GDP(A) at basic prices,

Chained volume measure 19482009, mn 2006 reference yr
prices

271387
281320
289840
296704
297643
309034
322294
332739
336451
342710
342674
356306
376277
385516
390419
408420
431090
442285
450147
458848
478479
488830

499116
510539
529308
569355
563722
560808
574107
586885
602468
615519
603169
597306
612529
634581
649645
674411
699914
730560
765865
783780
792152
784607
786980
804682
837161
860052
883777
912974
947594
981549
1020071
1043049
1061929
1092108
1123657
1150269
1183704
1216590
1215585
1157714

Composite measure of Nominal GDP at market

Description

1688
1689
1690
1691
1692
1693
1694
1695
1696
1697
1698
1699
1700
1701
1702
1703
1704
1705
1706
1707
1708
1709
1710
1711
1712
1713
1714
1715
1716
1717
1718
1719
1720
1721
1722
1723
1724
1725
1726
1727
1728
1729

Composite estimate of
nominal GDP at market
prices mn, using Cols C-K
(see Appendix of QB
article)

annual growth

Broadberry and van Leeuwen

(2010) GVA at current factor
cost mn

Please contact t

1730
1731
1732
1733
1734
1735
1736
1737
1738
1739
1740
1741
1742
1743
1744
1745
1746
1747
1748
1749
1750
1751
1752
1753
1754
1755
1756
1757
1758
1759
1760
1761
1762
1763
1764
1765
1766
1767
1768
1769
1770
1771
1772
1773
1774
1775
1776
1777

ontact the authors directly

1778
1779
1780
1781
1782
1783
1784
1785
1786
1787
1788
1789
1790
1791
1792
1793
1794
1795
1796
1797
1798
1799
1800
1801
1802
1803
1804
1805
1806
1807
1808
1809
1810
1811
1812
1813
1814
1815
1816
1817
1818
1819
1820
1821
1822
1823
1824
1825

1826
1827
1828
1829
1830
1831
1832
1833
1834
1835
1836
1837
1838
1839
1840
1841
1842
1843
1844
1845
1846
1847
1848
1849
1850
1851
1852
1853
1854
1855
1856
1857
1858
1859
1860
1861
1862
1863
1864
1865
1866
1867
1868
1869
1870
1871
1872
1873

463
460
440
434
461
487
519
499
529
558
523
498
478
477
520
550
588
611
588
598
548
575
581
649
688
707
739
735
714
756
769
811
824
868
905
938
970
960
960
981
1047
1131
1200
1259

-0.60
-4.42
-1.26
6.17
5.61
6.64
-3.91
6.11
5.41
-6.29
-4.77
-3.90
-0.39
9.11
5.86
6.88
3.92
-3.78
1.73
-8.49
5.06
0.96
11.76
5.97
2.82
4.41
-0.55
-2.75
5.76
1.74
5.45
1.66
5.31
4.24
3.69
3.38
-1.00
-0.02
2.16
6.74
8.09
6.10
4.84

1874
1875
1876
1877
1878
1879
1880
1881
1882
1883
1884
1885
1886
1887
1888
1889
1890
1891
1892
1893
1894
1895
1896
1897
1898
1899
1900
1901
1902
1903
1904
1905
1906
1907
1908
1909
1910
1911
1912
1913
1914
1915
1916
1917
1918
1919
1920
1921

1251
1225
1209
1196
1164
1124
1198
1222
1262
1264
1224
1197
1206
1258
1311
1384
1419
1420
1382
1383
1460
1496
1544
1589
1677
1779
1854
1861
1875
1850
1850
1917
1999
2079
1978
2018
2105
2191
2288
2380
2411
2901
3382
4213
5026
5399
5968
4901

-0.56
-2.11
-1.32
-1.09
-2.62
-3.51
6.62
2.02
3.26
0.15
-3.16
-2.21
0.71
4.31
4.25
5.61
2.47
0.10
-2.67
0.08
5.53
2.50
3.23
2.89
5.54
6.09
4.22
0.38
0.71
-1.33
0.00
3.65
4.28
3.97
-4.85
2.04
4.28
4.08
4.43
4.05
1.27
20.34
16.58
24.57
19.31
7.41
10.55
-17.88

1922
1923
1924
1925
1926
1927
1928
1929
1930
1931
1932
1933
1934
1935
1936
1937
1938
1939
1940
1941
1942
1943
1944
1945
1946
1947
1948
1949
1950
1951
1952
1953
1954
1955
1956
1957
1958
1959
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969

4452
4249
4361
4503
4344
4594
4594
4686
4610
4311
4218
4293
4512
4714
4981
5328
5495
5911
7175
8644
9471
10081
10168
9896
9957
10760
11974
12726
13308
14784
15983
17121
18126
19490
20956
22105
23050
24348
25977
27413
28711
30409
33228
35888
38189
40281
43656
47023

-9.15
-4.57
2.63
3.26
-3.54
5.75
0.00
2.02
-1.63
-6.47
-2.17
1.79
5.09
4.49
5.66
6.96
3.14
7.57
21.37
20.47
9.57
6.44
0.87
-2.68
0.61
8.07
11.28
6.28
4.57
11.09
8.11
7.12
5.87
7.53
7.52
5.48
4.28
5.63
6.69
5.53
4.73
5.91
9.27
8.01
6.41
5.48
8.38
7.71

1970
1971
1972
1973
1974
1975
1976
1977
1978
1979
1980
1981
1982
1983
1984
1985
1986
1987
1988
1989
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009

51696
57670
64621
74545
84513
106717
126274
146973
169344
199220
233184
256279
281024
307207
329913
361758
389149
428665
478510
525274
570283
598664
622080
654196
692987
733266
781726
830094
879102
928730
976533
1021828
1075564
1139746
1202956
1254058
1328363
1404845
1445580
1392634

9.94
11.56
12.05
15.36
13.37
26.27
18.33
16.39
15.22
17.64
17.05
9.90
9.66
9.32
7.39
9.65
7.57
10.15
11.63
9.77
8.57
4.98
3.91
5.16
5.93
5.81
6.61
6.19
5.90
5.65
5.15
4.64
5.26
5.97
5.55
4.25
5.93
5.76
2.90
-3.66

P at market prices
GDP expenditure measure
at current market prices
from Mitchell page 831

Nominal GDP at factor cost

compromise estimate from
Mitchell page 836

Solomou and Weale (1991):

Balanced estimate of
nominal GDP for 18701913, mn factor cost.
Table 3.

501
498
476
470
499
527
562
540
573
604
566
539
518
516
563
596
637
662
637
648
593
623
629
703
745
766
797
805
769
830
828
885
893
949
1001
1040
1085
1078
1079
1088
1153
1208
1272
1342

646
673
669
648
689
699
744
756
798
836
870
901
889
888
905
969
1031
1095
1186

984
1066
1132
1189

1392
1317
1284
1241
1311
1160
1379
1307
1331
1402
1375
1315
1315
1350
1362
1423
1468
1495
1489
1455
1536
1546
1631
1619
1731
1871
1922
2049
2000
1988
2027
2088
2110
2152
2127
2162
2216
2330
2378
2529
2554
3183
3671
4598
5406
5829
6356

1156
1133
1110
1106
1086
1048
1130
1138
1184
1184
1170
1134
1144
1184
1224
1324
1349
1328
1294
1290
1383
1402
1460
1478
1575
1688
1756
1761
1760
1739
1750
1815
1874
1938
1880
1909
1966
2062
2136
2244
2278
2746
3218
4082
4920
5202
5677

1185
1155
1136
1120
1094
1049
1132
1148
1185
1191
1151
1123
1131
1181
1230
1300
1333
1335
1298
1296
1369
1399
1446
1485
1573
1672
1739
1746
1746
1722
1720
1786
1863
1938
1847
1886
1958
2043
2133
2226

Market price to factor cost ratio

from expenditure data from
Mitchell page 831.

Nominal GDP at market prices

compromise estimate obtained from
factor cost estimate and the market
price to factor cost ratio from the
expenditure data, from Mitchell pages
836 and 831

1.083
1.086
1.086
1.091
1.085
1.088
1.078
1.079
1.076
1.071
1.067
1.065
1.068
1.069
1.072
1.069
1.066
1.065
1.063

700
731
727
707
748
761
802
815
859
895
928
959
950
950
970
1035
1099
1167
1261

1.061
1.066
1.069
1.073
1.069
1.076
1.063
1.070
1.070
1.066
1.068
1.071
1.071
1.070
1.071
1.070
1.069
1.069
1.070
1.072
1.071
1.074
1.073
1.075
1.071
1.069
1.071
1.071
1.079
1.079
1.080
1.079
1.078
1.078
1.076
1.075
1.080
1.077
1.078
1.074
1.072
1.070
1.064
1.045
1.035
1.051
1.065

1226
1207
1187
1186
1161
1128
1201
1217
1267
1262
1250
1214
1225
1267
1311
1417
1442
1419
1384
1383
1481
1506
1567
1589
1687
1805
1881
1886
1899
1877
1891
1958
2021
2088
2023
2052
2123
2221
2302
2411
2441
2938
3425
4267
5090
5467
6044

Solomou and Weale

(1991): Balanced
estimate of nominal
GDP at market prices
for 1870-1913, mn.

Sefton and Weale

balanced measure of
nominal GDP at market
prices

ONS measure of
GDP at current
market prices (ONS
Code YBHA)

1051
1137
1206
1264

1257
1231
1215
1201
1170
1129
1204
1228
1268
1270
1230
1203
1211
1263
1317
1391
1425
1427
1388
1390
1466
1503
1552
1596
1685
1788
1863
1870
1883
1858
1858
1926
2009
2088
1987
2028
2114
2201
2298
2391

5923
4864

4419
4217
4328
4469
4311
4559
4559
4651
4575
4279
4186
4261
4478
4679
4944
5288
5454
5867
7121
8579
9400
10005
10092
9822
9882
10679
11884
12621
13192
14663
15851
17002
17973
19385
20850
22023
22957
24231
25870
27415
28802
30581
33366
35964
38311
40354
43693
47135

11974
12726
13308
14784
15983
17121
18126
19490
20956
22105
23050
24348
25977
27413
28711
30409
33228
35888
38189
40281
43656
47023

51787
57594
64447
74149
83708
106058
125532
146001
168128
197703
231548
254924
278801
304337
324844
355923
382894
421054
467751
511145
550391

51696
57670
64621
74545
84513
106717
126274
146973
169344
199220
233184
256279
281024
307207
329913
361758
389149
428665
478510
525274
570283
598664
622080
654196
692987
733266
781726
830094
879102
928730
976533
1021828
1075564
1139746
1202956
1254058
1328363
1404845
1445580
1392634

Real GDP from Mitchell et al (2009)

Sources

Table 2a and Table 2b in

Mitchell et al (2009)

Description

Market prices mn, 1938

prices

Level

1924

1925

1926

1927

1928

1929

1930

1931

1932

1933

1934

Factor cost mn, 1938

prices
Quarter on
quarter
growth

Level

1018.02
1031.14
1042.57
1057.27
1071.72
1069.09
1067.77
1086.42
1099.00
1027.96
995.43
1038.61
1116.09
1120.46
1119.14
1125.32
1130.25
1128.23
1123.44
1139.09
1151.7
1157.33
1164.58
1176.39
1178.44
1159.57
1141.96
1133.02
1110.76
1093.6
1089.17
1105.47
1109.73
1094.69
1089.1
1108.48
1118.46
1123.48
1137.77
1162.28
1190.46

902.17
913.58
923.42
936.83
950.8
948.01
946.73
965.47
978.53
909.93
878.47
920.08
994.53
997.54
995.25
1000.68
1005.45
1003.35
998.54
1013.67
1025.46
1030.32
1036.58
1047.65
1050.14
1031.8
1014.83
1006.24
984
967.99
964.92
982.09
987.62
973.46
968.08
986.84
995.9
1000.05
1013.03
1036.02
1063.07

1.29
1.11
1.41
1.37
-0.25
-0.12
1.75
1.16
-6.46
-3.16
4.34
7.46
0.39
-0.12
0.55
0.44
-0.18
-0.42
1.39
1.11
0.49
0.63
1.01
0.17
-1.60
-1.52
-0.78
-1.96
-1.54
-0.41
1.50
0.39
-1.36
-0.51
1.78
0.90
0.45
1.27
2.15
2.42

Quarter on
quarter
growth

1.26
1.08
1.45
1.49
-0.29
-0.14
1.98
1.35
-7.01
-3.46
4.74
8.09
0.30
-0.23
0.55
0.48
-0.21
-0.48
1.52
1.16
0.47
0.61
1.07
0.24
-1.75
-1.64
-0.85
-2.21
-1.63
-0.32
1.78
0.56
-1.43
-0.55
1.94
0.92
0.42
1.30
2.27
2.61

1935

1936

1937

1938

1939

1940

1953

1954

1955

1956

1957

1958

1197.64
1202.94
1221.97
1228.88
1239.15
1248.65
1274.34
1290.39
1301.45
1312.61
1324.55
1336.42
1347.11
1356.26
1372.2
1377.52
1352.53
1353.01
1370.95

1069.04
1073.13
1090.77
1096.26
1105.46
1113.96
1138.31
1153.4
1163.19
1172.97
1183.44
1193.59
1203.13
1211.48
1226.78
1231.96
1206.69
1206.05
1222.3

0.60
0.44
1.58
0.57
0.84
0.77
2.06
1.26
0.86
0.86
0.91
0.90
0.80
0.68
1.18
0.39
-1.81
0.04
1.33

0.56
0.38
1.64
0.50
0.84
0.77
2.19
1.33
0.85
0.84
0.89
0.86
0.80
0.69
1.26
0.42
-2.05
-0.05
1.35

1959

1960

1961

1962

1963

1964

1965

1966

1967

1968

1969

1970

1971

1972

1973

1974

1975

1976

1977

1978

1979

1980

1981

1982

1983

1984

1985

1986

1987

1988

1989

1990

1991

1992

1993

1994

1995

1996

1997

1998

1999

2000

2001

2002

2003

2004

2005

2006

2007

2008

2009

2010

2011

2012

2013

ONS GDP Chained volume measures

ONS
GDP at market prices,
GDP at factor cost, 2006
2006 reference year, mn reference year, mn (ONS
(ONS code: ABMI)
code: YBHH)

Level

Level

Quarter on
quarter
growth

Quarter on
quarter
growth

92079
92192
94114
95451
94411
94250
94120
94527
96323
96235
95504
95519
97047

84790
84589
86166
87791
86857
86936
86873
86915
88719
88813
87888
87943
89346

0.12
2.08
1.42
-1.09
-0.17
-0.14
0.43
1.90
-0.09
-0.76
0.02
1.60

-0.24
1.86
1.89
-1.06
0.09
-0.07
0.05
2.08
0.11
-1.04
0.06
1.60

94564
96563
96633
97561
99135
101119
103464
105674
104531
105974
106490
108178
108580
107977
107796
108320
109367
109985
109535
109658
114276
114746
117322
118209
120072
120417
122293
121897
122187
123366
124253
124586
125369
125869
125346
127035
128596
128844
129056
133151
132178
134641
135130
135184
136244
137044
137717
136508

86516
88618
88472
89452
90303
92454
94344
96500
95456
96966
97542
98973
99346
98948
98756
99391
100338
100791
100383
97467
101514
101923
104262
105762
106772
106962
108419
108755
109534
110283
111020
111233
111759
112523
112113
112837
113944
114343
114543
117821
118029
119833
119816
120512
121237
121872
122698
121354

-2.56
2.11
0.07
0.96
1.61
2.00
2.32
2.14
-1.08
1.38
0.49
1.59
0.37
-0.56
-0.17
0.49
0.97
0.57
-0.41
0.11
4.21
0.41
2.24
0.76
1.58
0.29
1.56
-0.32
0.24
0.96
0.72
0.27
0.63
0.40
-0.42
1.35
1.23
0.19
0.16
3.17
-0.73
1.86
0.36
0.04
0.78
0.59
0.49
-0.88

-3.17
2.43
-0.16
1.11
0.95
2.38
2.04
2.29
-1.08
1.58
0.59
1.47
0.38
-0.40
-0.19
0.64
0.95
0.45
-0.40
-2.90
4.15
0.40
2.29
1.44
0.95
0.18
1.36
0.31
0.72
0.68
0.67
0.19
0.47
0.68
-0.36
0.65
0.98
0.35
0.17
2.86
0.18
1.53
-0.01
0.58
0.60
0.52
0.68
-1.10

139582
140721
141636
140000
141891
144044
144203
144194
147838
148196
150756
158600
159239
157973
157697
153808
156721
158291
156371
156784
154278
154033
156215
158775
157530
159039
162353
162608
161835
163087
165345
166113
167682
169478
170717
169266
176472
172298
174051
172436
169359
169038
167180
166052
166393
168651
168669
169296

123997
124361
126512
124743
126235
128047
128468
127971
130878
131730
134203
141226
142235
140793
140560
137269
139983
142019
140039
140393
138300
137757
139988
142508
141240
142489
145200
146521
145087
145921
147712
148265
149122
150675
151811
149853
155723
153437
154201
152211
150637
150391
147931
146688
147597
149523
150059
150016

2.25
0.82
0.65
-1.16
1.35
1.52
0.11
-0.01
2.53
0.24
1.73
5.20
0.40
-0.80
-0.17
-2.47
1.89
1.00
-1.21
0.26
-1.60
-0.16
1.42
1.64
-0.78
0.96
2.08
0.16
-0.48
0.77
1.38
0.46
0.94
1.07
0.73
-0.85
4.26
-2.37
1.02
-0.93
-1.78
-0.19
-1.10
-0.67
0.21
1.36
0.01
0.37

2.18
0.29
1.73
-1.40
1.20
1.44
0.33
-0.39
2.27
0.65
1.88
5.23
0.71
-1.01
-0.17
-2.34
1.98
1.45
-1.39
0.25
-1.49
-0.39
1.62
1.80
-0.89
0.88
1.90
0.91
-0.98
0.57
1.23
0.37
0.58
1.04
0.75
-1.29
3.92
-1.47
0.50
-1.29
-1.03
-0.16
-1.64
-0.84
0.62
1.30
0.36
-0.03

171436
171441
172344
174865
176198
178303
180417
182112
180841
181680
184254
186331
189234
189223
190512
193389
195597
196672
199962
201057
203176
207640
209588
213072
214077
217050
218598
219411
220791
221012
221267
223108
224282
221618
220350
220151
219417
218586
218820
219114
218590
219674
220882
222234
223248
225176
227119
229547

152164
152587
152991
155380
156009
157892
159561
161354
159920
160283
162045
164930
167729
167402
168447
170211
172643
174197
176478
176953
179558
182725
184410
187237
188055
190795
192424
193077
193827
194108
195027
196738
196912
195204
194548
194312
194051
193895
193971
194005
193885
194959
195668
196917
198064
199960
201720
203558

1.26
0.00
0.53
1.46
0.76
1.19
1.19
0.94
-0.70
0.46
1.42
1.13
1.56
-0.01
0.68
1.51
1.14
0.55
1.67
0.55
1.05
2.20
0.94
1.66
0.47
1.39
0.71
0.37
0.63
0.10
0.12
0.83
0.53
-1.19
-0.57
-0.09
-0.33
-0.38
0.11
0.13
-0.24
0.50
0.55
0.61
0.46
0.86
0.86
1.07

1.43
0.28
0.26
1.56
0.40
1.21
1.06
1.12
-0.89
0.23
1.10
1.78
1.70
-0.19
0.62
1.05
1.43
0.90
1.31
0.27
1.47
1.76
0.92
1.53
0.44
1.46
0.85
0.34
0.39
0.14
0.47
0.88
0.09
-0.87
-0.34
-0.12
-0.13
-0.08
0.04
0.02
-0.06
0.55
0.36
0.64
0.58
0.96
0.88
0.91

232813
236056
237788
238611
239831
242574
243764
246104
247104
248725
250684
252750
254838
257393
260466
262483
264180
266462
269308
270708
272874
276364
279381
282531
285289
286678
287874
291225
291884
293197
294183
296443
297590
299631
301371
303223
306010
308249
311113
314086
315867
316171
318728
319777
322081
324089
326388
329881

206404
208908
209471
211123
211728
213741
214416
216473
217768
219149
220658
222645
224196
226323
229389
231306
232881
234891
237517
238735
240876
243958
246413
248986
251742
253192
254041
256922
257278
258016
258483
260466
261146
262851
264611
266303
268661
270523
273197
275445
277132
277439
279814
281066
283114
284731
286927
290204

1.42
1.39
0.73
0.35
0.51
1.14
0.49
0.96
0.41
0.66
0.79
0.82
0.83
1.00
1.19
0.77
0.65
0.86
1.07
0.52
0.80
1.28
1.09
1.13
0.98
0.49
0.42
1.16
0.23
0.45
0.34
0.77
0.39
0.69
0.58
0.61
0.92
0.73
0.93
0.96
0.57
0.10
0.81
0.33
0.72
0.62
0.71
1.07

1.40
1.21
0.27
0.79
0.29
0.95
0.32
0.96
0.60
0.63
0.69
0.90
0.70
0.95
1.35
0.84
0.68
0.86
1.12
0.51
0.90
1.28
1.01
1.04
1.11
0.58
0.34
1.13
0.14
0.29
0.18
0.77
0.26
0.65
0.67
0.64
0.89
0.69
0.99
0.82
0.61
0.11
0.86
0.45
0.73
0.57
0.77
1.14

330819
332474
335189
338439
340335
342153
343102
344809
343868
340780
333682
325893
323343
322391
323532
324982
328769
331281

291248
292712
295021
297862
299569
301383
302204
303799
302817
299466
293237
286525
284413
283743
285178
285987
289378
291589

0.28
0.50
0.82
0.97
0.56
0.53
0.28
0.50
-0.27
-0.90
-2.08
-2.33
-0.78
-0.29
0.35
0.45
1.17
0.76

0.36
0.50
0.79
0.96
0.57
0.61
0.27
0.53
-0.32
-1.11
-2.08
-2.29
-0.74
-0.24
0.51
0.28
1.19
0.76

Household and NPISH consumption

Description

Source
1830
1831
1832
1833
1834
1835
1836
1837
1838
1839
1840
1841
1842
1843
1844
1845
1846
1847
1848
1849
1850
1851
1852
1853
1854
1855
1856
1857
1858
1859
1860
1861
1862
1863
1864
1865
1866

Household
Consumption, mn

Household
Consumption, mn

Mitchell(1988),
Chapter XVI, Table 5 Sefton and Weale
pages 831 to 835
(1995), Table A2
448
440
423
419
440
449
494
471
490
518
490
483
460
441
479
502
517
555
522
547
508
532
532
605
635
634
672
693
659
695
715
763
775
792
849
865
925

Household and NPISH

Consumption, mn

ONS Series Code:

ABJQ+HAYE

1867
1868
1869
1870
1871
1872
1873
1874
1875
1876
1877
1878
1879
1880
1881
1882
1883
1884
1885
1886
1887
1888
1889
1890
1891
1892
1893
1894
1895
1896
1897
1898
1899
1900
1901
1902
1903
1904
1905
1906
1907
1908
1909
1910
1911

926
932
933
954
1004
1065
1123
1123
1118
1126
1133
1120
1057
1146
1125
1157
1190
1162
1138
1126
1162
1186
1227
1253
1315
1314
1310
1336
1355
1406
1435
1500
1561
1637
1677
1686
1699
1719
1736
1766
1811
1813
1831
1877
1936

1912
1913
1914
1915
1916
1917
1918
1919
1920
1921
1922
1923
1924
1925
1926
1927
1928
1929
1930
1931
1932
1933
1934
1935
1936
1937
1938
1939
1940
1941
1942
1943
1944
1945
1946
1947
1948
1949
1950
1951
1952
1953
1954
1955
1956

2006
2070
2074
2384
2581
2979
3600
4535
5246

4929
4129
3710
3588
3681
3752
3746
3817
3852
3905
3844
3734
3615
3673
3765
3898
4074
4262
4310
4426
4515
4872
5221
5355
5704
6309
7138
7946
8680
9093
9594
10323
10831
11503
12210
13176
13866

8453
8811
9301
10046
10580
11284
11967
12915
13583

1957
1958
1959
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969
1970
1971
1972
1973
1974
1975
1976
1977
1978
1979
1980
1981
1982
1983
1984
1985
1986
1987
1988
1989
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001

14627
15442
16290
17136
18007
19096
20337
21725
23164
24502
25715
27688
29464
32105
35912
40715
46426
53298
65542
75966
87140
100541
119483
139029
154642
170088
186517
199455
217679
241241
265070
299178
326906
349770

14324
15116
15913
16694
17558
18597
19838
21190
22539
23818
25032
26973
28629
31218
34987
39655
45539
52613
64610
75153
85930
98937
117304
136424
151844
166455
182752
196653
215382
239008
263084
297354
326258
354764
375920
395152
421010
442230
465337
500412
532082
567970
604556
640089
672889

2002
2003
2004
2005
2006
2007
2008
2009

707386
742276
779064
814964
852018
896022
928026
908543

Gross fixed capital formation

Composite value
measure

Gross fixed capital

formation, mn

410
403
387
383
403
411
452
431
448
474
448
442
421
404
438
459
473
508
478
501
465
487
487
554
581
580
615
634
603
636
654
698
709
725
777
791
846

Gross fixed capital

formation, mn

Mitchell(1988),
Chapter XVI, Table 5 Sefton and Weale
pages 831 to 835
(1995), Table A2
25
28
21
21
25
39
42
46
53
56
55
35
31
27
30
46
69
88
71
60
47
46
53
59
64
62
56
53
51
54
59
63
68
78
88
91
89

847
853
854
873
919
974
1028
1028
1023
1030
1037
1025
967
1049
1029
1059
1089
1063
1041
1030
1063
1085
1123
1146
1203
1202
1199
1222
1240
1286
1313
1373
1428
1498
1534
1543
1555
1573
1588
1616
1657
1659
1675
1717
1771

80
76
77
87
99
118
125
141
137
139
135
120
106
107
109
110
113
106
96
85
86
90
100
106
107
108
109
111
115
127
144
172
192
205
210
213
208
203
198
192
176
145
154
158
163

1835
1894
1898
2181
2362
2726
3294
4150
4800
4021
3613
3494
3585
3654
3648
3717
3751
3803
3743
3636
3520
3577
3667
3796
3967
4151
4197
4310
4397
4745
5084
5215
5555
6144
6951
7738
8453
8811
9301
10046
10580
11284
11967
12915
13583

171
192
193
170
159
203
286
434
578

482
457
381
334
374
419
401
427
420
442
435
408
347
358
427
456
518
575
591
540
519
480
450
360
300
350
929
1203
1435
1594
1725
1923
2154
2421
2624
2912
3187

14324
15116
15913
16694
17558
18597
19838
21190
22539
23818
25032
26973
28629
31218
34987
39655
45539
52613
64610
75153
85930
98937
117304
136424
151844
166455
182752
196653
215382
239008
263084
297354
326258
354764
375920
395152
421010
442230
465337
500412
532082
567970
604556
640089
672889

3472
3596
3854
4240
4747
4904
5136
6121
6635
7063
7684
8473
8832
9736
10834
11937
14650
17311
20806
24043
26770
30754
36761
41366
41063
44702
48445
55022
60359
64481
74125
89079
101977
105322

707386
742276
779064
814964
852018
896022
928026
908543

Stockbuilding including acquisition and disposal of v

Gross fixed capital
formation, mn

Composite value
measure
Stockbuilding, mn

ONS: Series Code

NPQS
22
24
18
18
22
34
37
40
46
49
48
31
27
24
26
40
60
77
62
52
41
40
46
51
56
54
49
46
45
47
51
55
59
68
77
79
78

Stockbuilding, mn

Mitchell(1988),
Chapter XVI, Table 5 Sefton and Weale
pages 831 to 835
(1995), Table A2
0
2
-1
1
4
5
1
0
4
4
-3
-8
-4
6
12
13
16
-3
10
5
-2
6
4
5
4
4
9
3
1
12
-1
13
8
22
12
23
11

70
66
67
76
86
103
109
123
120
121
118
105
93
93
95
96
99
93
84
74
75
79
87
93
93
94
95
97
100
111
126
150
168
179
183
186
182
177
173
168
154
127
134
138
142

3
8
11
40
6
-22
9
56
6
-10
-42
48
-57
85
-2
-7
39
27
6
20
18
-2
22
15
8
11
-12
46
19
41
-10
25
37
-24
47
4
-17
2
27
5
-16
-7
23
-2
11

1502
1662
1799
2011
2265
2540
2741
3026
3315

149
168
168
148
139
177
250
379
505
478
399
350
391
439
420
447
440
463
455
427
363
375
447
477
542
602
619
565
543
502
471
377
314
366
972
1259
1502
1662
1799
2011
2265
2540
2741
3026
3315

-13
31
50
-200
-300
-100
100
100
-100

-56
-167
-108
-93
6
95
24
63
11
46
75
-10
-18
-35
31
0
35
83
51
114
156
92
-101
90
-210
-177
-128
293
175
74
-196
580
46
103
58
333
238

3600
3724
3980
4368
4889
5049
5295
6279
6804
7261
7945
8728
9066
10067
11286
12389
15285
18201
21935
25640
28351
32387
38548
43612
43746
47935
52099
59278
65181
69581
80344
97956
113478
117027
107838
103913
103997
111623
121364
130346
138307
155997
161722
167172
171782

3600
3724
3980
4368
4889
5049
5295
6279
6804
7261
7945
8728
9066
10067
11286
12389
15285
18201
21935
25640
28351
32387
38548
43612
43746
47935
52099
59278
65181
69581
80344
97956
113478
117027
107838
103913
103997
111623
121364
130346
138307
155997
161722
167172
171782

204
68
137
661
235
9
131
670
521
312
220
289
674
509
-142
163
1617
835
-1285
542
1928
1661
2215
-2576
-2857
-1147
1376
1373
819
691
1396
4813
3160
-711

180551
186700
200415
209758
227234
249517
240361
204270

180551
186700
200415
209758
227234
249517
240361
204270

sition and disposal of valuables

Stockbuilding, mn

ONS: Series Code

ABMP

Acquisition less
dispoasl of
valuables, mn

Government Consumption
Composite
contribution to
GDP(E)

ONS: Series Code

NPJO
0.40
-0.60
0.42
0.64
0.20
-0.76
-0.18
0.74
0.00
-1.16
-0.88
0.74
1.93
1.16
0.18
0.50
-2.98
1.96
-0.78
-1.08
1.35
-0.32
0.16
-0.14
0.00
0.65
-0.75
-0.25
1.43
-1.57
1.69
-0.56
1.57
-1.05
1.10
-1.15

Government
consumption, mn
Mitchell(1988),
Chapter XVI, Table 5
pages 831 to 835
31
30
31
30
29
29
28
29
30
31
33
33
34
35
36
34
35
36
41
41
38
39
39
39
47
61
52
48
46
49
51
52
51
51
51
49
51

-0.74
0.46
0.28
2.67
-2.95
-2.32
2.44
3.50
-3.59
-1.21
-2.49
7.25
-8.01
12.24
-6.31
-0.38
3.46
-0.86
-1.53
1.06
-0.15
-1.48
1.76
-0.49
-0.48
0.20
-1.54
3.99
-1.76
1.42
-3.13
2.16
0.69
-3.26
3.69
-2.10
-1.05
0.96
1.23
-1.05
-1.00
0.42
1.41
-1.16
0.59

54
57
53
55
56
57
55
58
60
61
62
64
69
70
71
74
76
76
83
80
78
78
80
85
87
87
89
91
97
102
106
112
136
182
202
190
169
163
163
163
163
167
173
182
188

175
65
-210
575
50
125
56
300
259

0
0
0
0
0
0
0
0
0

-1.03
1.85
0.75
-9.79
-3.14
5.45
4.35
0.00
-3.43
-0.02
-1.09
-0.91
0.07
0.32
0.18
0.07
0.04
0.22
0.17
0.00
-0.28
-0.02
0.38
0.83
1.15
1.64
2.46
7.94
29.69
16.37
5.72
4.16
0.74
-8.32
-18.94
-5.41
0.20
-0.92
-2.19
5.97
-3.58
0.47
-0.40
1.35
-0.21

196
203
324
1045
1332
1685
1842
935
520

238
111
178
562
279
-8
161
700
461
288
286
452
537
382
114
25
1529
1045
-1354
901
1824
1804
2162
-2572
-2768
-1188
1465
1296
821
682
1228
4333
2677
-1800
-4927
-1937
329
3708
4512
1771
4621
5026
6060
5271
6189

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
-23
-130
42
-1
-127
-97
17
-29
113
-121
-160
-27
429
229
3
396

-0.10
-0.57
0.29
1.58
-1.10
-1.05
0.59
1.78
-0.72
-0.48
-0.01
0.41
0.19
-0.33
-0.52
-0.15
2.34
-0.65
-2.81
2.10
0.72
-0.01
0.21
-2.37
-0.08
0.61
0.94
-0.05
-0.14
-0.04
0.11
0.76
-0.36
-0.88
-0.54
0.52
0.36
0.54
0.08
-0.38
0.38
0.10
0.09
-0.11
0.13

2909
3983
4886
4472
5212
5815
295
-14969

214
-37
-37
-376
285
374
614
577

-0.34
0.08
0.08
-0.06
0.11
0.05
-0.38
-1.06

t Consumption
Government
consumption, mn

Sefton and Weale

(1995), Table A2

Domestic Demand
Government
consumption, mn

Composite
Domestic Demand,
value measure mn

ONS: Series Code NMRP

32
31
32
31
30
30
29
30
31
32
34
34
35
36
37
35
36
37
42
42
39
40
40
40
48
62
53
49
47
50
52
53
52
52
52
50
52

Mitchell(1988),
Chapter XVI, Table 5
pages 831 to 835
504
500
474
471
498
522
565
546
577
609
575
543
521
509
557
595
637
676
644
653
591
623
628
708
750
761
789
797
757
810
824
891
902
943
1000
1028
1076

55
58
54
56
57
58
56
59
61
62
63
66
71
72
73
76
78
78
85
82
80
80
82
87
89
89
91
93
99
104
109
115
139
186
207
194
173
167
167
167
167
171
177
186
192

1063
1073
1074
1136
1165
1218
1312
1378
1321
1316
1288
1352
1175
1408
1303
1334
1418
1371
1323
1311
1344
1352
1429
1459
1517
1520
1496
1584
1586
1676
1675
1809
1926
2000
2136
2093
2059
2087
2124
2126
2134
2118
2181
2215
2298

489
488
435
395
398
412
420
423
425
435
443
443
431
430
446
483
537
618
748
1181
2923
4089
4580
4971
5045
4205
2345
1810
1831
2056
2144
2516
2992
3127
3204
3265
3522

1993
2225
2315
2701
3185
3305
3389
3466
3742

201
208
332
1070
1363
1725
1885
957
532
531
473
430
433
448
457
460
463
473
482
482
469
468
485
526
585
673
814
1285
3182
4451
4985
5411
5491
4577
2552
1970
1993
2225
2315
2701
3185
3305
3389
3466
3742

2360
2496
2641
3399
3772
4767
5828
6004
6244

3671
3740
3989
4227
4559
4885
5144
5469
5998
6525
7213
7663
8004
9024
10288
11739
13398
16706
23097
27011
29438
33366
38785
48888
55314
60299
65723
69689
73736
79307
85271
91645
98937
109386

3908
3984
4232
4469
4751
5056
5183
5526
6244
6791
7499
7982
8379
9422
10728
12234
14008
17352
23923
28032
30558
34623
40221
50630
57204
62298
67541
71537
75678
81336
87233
93990
101720
112483
123841
131632
133781
138278
143032
148767
150652
156490
169652
181972
194584

3908
3984
4232
4469
4751
5056
5183
5526
6244
6791
7499
7982
8379
9422
10728
12234
14008
17352
23923
28032
30558
34623
40221
50630
57204
62298
67541
71537
75678
81336
87233
93990
101720
112483
123841
131632
133781
138278
143032
148767
150652
156490
169652
181972
194584

212577
232819
251114
268088
285151
296073
314044
327392

212577
232819
251114
268088
285151
296073
314044
327392

Domestic
Demand, mn

Domestic
Demand, mn

Sefton and
Weale (1995),
Table A2

ONS: Series Code

YBIL

Composite Value
Measure
Checks

472
468
444
441
466
489
529
511
540
570
538
508
488
476
521
557
596
633
603
611
553
583
588
663
702
712
739
746
709
758
771
834
844
883
936
962
1007

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0

995
1004
1005
1063
1091
1140
1228
1290
1237
1232
1206
1266
1100
1318
1220
1249
1327
1283
1238
1227
1258
1266
1338
1366
1420
1423
1400
1483
1485
1569
1568
1693
1803
1872
1999
1959
1927
1954
1988
1990
1998
1983
2042
2073
2151

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0

5844
4907
4418
4224
4459
4678
4591
4730
4708
4828
4797
4575
4375
4426
4669
4837
5164
5538
5700
6261
8113
9533
10150
10776
10839
10687
10284
11252
12121
12817
13267
15342
16023
17154
18096
19686
20813

12123
12763
13205
15333
16080
17254
18153
19707
20899

2209
2336
2472
3182
3531
4462
5456
5620
5845
4908
4419
4225
4460
4679
4592
4731
4709
4829
4798
4576
4376
4427
4670
4838
5165
5539
5701
6262
8114
9535
10152
10778
10841
10689
10286
11254
12123
12763
13205
15333
16080
17254
18153
19707
20899

0
0
0
0
0
0
0
0
0

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0

0
0
0
0
0
0
0
0
0
0

21974
22846
24270
26264
27548
28894
30748
33985
36318
38402
40832
44113
46974
51374
56892
64554
76091
88150
108160
127562
145276
166322
197244
226707
248162
273942
302061
325539
352593
385720
425862
484715
530980
563767

22070
22935
24303
26093
27477
28694
30477
33695
36048
38158
40762
44135
46611
51089
57115
64303
76361
89211
109114
129726
146663
167751
198235
228094
250026
275500
303857
328764
357062
390584
431759
493675
544132
582347
602575
628777
659088
695952
734124
781136
825635
885912
942219
994507
1045840

22070
22935
24303
26093
27477
28694
30477
33695
36048
38158
40762
44135
46611
51089
57115
64303
76361
89211
109114
129726
146663
167751
198235
228094
250026
275500
303857
328764
357062
390584
431759
493675
544132
582347
602575
628777
659088
695952
734124
781136
825635
885912
942219
994507
1045840

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0

1103637
1165741
1235442
1296905
1369900
1447801
1483340
1425813

1103637
1165741
1235442
1296905
1369900
1447801
1483340
1425813

0
0
0
-1
0
0
0
0

Net trade

Net trade, mn

Net trade, mn

Mitchell(1988),
Chapter XVI, Table 5 Sefton and Weale
pages 831 to 835
(1995), Table A2
-3
-2
2
-1
1
5
-3
-6
-4
-5
-9
-4
-3
7
6
1
0
-14
-7
-5
2
0
1
-5
-5
5
8
8
12
20
4
-6
-9
6
1
12
9

Exports, mn

Imports, mn

ONS: Series
Code IKBH

ONS: Series
Code IKBI

15
6
14
17
43
54
30
14
-4
-32
-47
-41
-15
-29
4
-3
-16
4
-8
4
6
10
-6
9
-22
-31
-41
-48
-40
-45
-56
-78
-55
-78
-87
-93
-71
-60
-36
-16
18
9
-19
1
32

18
33
-87
-216
-101
-169
-422
-175
112

79
-43
2
-8
-131
-210
-281
-171
-149
-177
-221
-296
-188
-165
-191
-158
-219
-249
-246
-393
-993
-955
-750
-772
-747
-865
-401
-573
-237
-195
-75
-679
-171
-152
-124
-301
37

2191
2489
2988
3639
3750
3677
3827
4166
4586

2407
2669
3046
4299
3899
3798
3922
4439
4510

49
110
-40
-394
-133
-93
-167
-620
-355
-91
-478
-421
161
413
702
-108
-1942
-4442
-2103
-2031
726
1806
458
4842
6761
4859
2275
-695
3331
-2826
-4808
-16963
-19834
-13376

4823
4688
4836
5134
5366
5500
5852
6183
6596
7148
7370
8962
10064
11489
12917
13644
17174
23058
27119
35445
43722
47946
55462
63288
68380
73917
81393
93462
104018
99706
108653
109804
124153
136583
138662
145480
165834
183215
207147
229047
237478
233284
242691
269819
276866

4731
4535
4834
5499
5459
5554
5971
6768
6925
7215
7814
9329
9886
11052
12095
13658
18840
27007
28656
36503
42289
45265
54215
57545
60366
67777
77605
92770
98935
101141
111747
124969
143011
148647
142573
152177
170726
186180
208005
228457
233019
240094
256180
287793
300878

280536
290677
303796
330794
378026
374003
422905
386186

308609
316672
336282
373641
419563
416959
460665
419274

GDP at market prices

Memo: Exports excl
MTIC fraud, mn

Memo: Imports excl

MTIC fraud, mn

Composite
contribution

0.20
0.80
-0.63
0.43
0.80
-1.52
-0.53
0.37
-0.17
-0.66
0.88
0.19
1.93
-0.19
-0.89
-0.17
-2.20
1.06
0.31
1.08
-0.34
0.16
-0.95
0.00
1.34
0.39
0.00
0.50
1.04
-1.93
-1.21
-0.34
1.68
-0.53
1.10
-0.29

GDP at market prices,

Expenditure side
measure , mn
Mitchell(1988), Chapter
XVI, Table 5 pages 831 to
835
501
498
476
470
499
527
562
540
573
604
566
539
518
516
563
596
637
662
637
648
593
623
629
703
745
766
797
805
769
830
828
885
893
949
1001
1040
1085

0.55
-0.83
0.74
0.28
2.25
0.91
-1.89
-1.19
-1.29
-2.13
-1.17
0.48
1.98
-1.21
2.39
-0.54
-0.98
1.43
-0.87
0.91
0.15
0.30
-1.17
1.05
-2.11
-0.60
-0.67
-0.48
0.52
-0.32
-0.67
-1.36
1.33
-1.23
-0.47
-0.29
1.10
0.55
1.18
0.96
1.61
-0.42
-1.32
0.93
1.40

1078
1079
1088
1153
1208
1272
1342
1392
1317
1284
1241
1311
1160
1379
1307
1331
1402
1375
1315
1315
1350
1362
1423
1468
1495
1489
1455
1536
1546
1631
1619
1731
1871
1922
2049
2000
1988
2027
2088
2110
2152
2127
2162
2216
2330

4166
4586

4439
4510

-0.60
0.63
-4.74
-5.05
3.61
-1.85
-5.50
4.57
4.92
-2.06
0.93
-0.23
-2.92
-1.83
-1.59
2.55
0.48
-0.61
-0.95
-1.64
2.52
0.55
-0.61
0.74
-1.30
-0.61
0.06
-2.70
-10.23
0.53
2.39
-0.23
0.25
-1.17
4.72
-1.74
3.15
0.30
0.97
-4.58
3.48
0.18
0.15
-0.99
1.80

2378
2529
2554
3183
3671
4598
5406
5829
6356

4823
4688
4836
5134
5366
5500
5852
6183
6596
7148
7370
8962
10064
11489
12917
13644
17174
23058
27119
35445
43722
47946
55462
63288
68380
73917
81393
93462
104018
99706
108653
109804
124153
136583
138662
145480
165834
183215
207147
229047
237478
233284
241015
267026
269807

4731
4535
4834
5499
5459
5554
5971
6768
6925
7215
7814
9329
9886
11052
12095
13658
18840
27007
28656
36503
42289
45265
54215
57545
60366
67777
77605
92770
98935
101141
111747
124969
143011
148647
142573
152177
170726
186180
208005
228457
233019
240094
254504
285000
293819

0.08
0.28
-0.65
-1.51
1.06
0.14
-0.23
-1.54
0.77
0.73
-0.99
0.19
1.25
0.55
0.75
-1.44
-2.57
-3.06
2.83
0.45
1.94
0.84
-0.84
2.25
0.97
-0.73
-0.84
-1.01
1.33
-1.80
-0.43
-2.82
-0.77
1.29
1.43
-0.47
0.29
0.29
0.30
0.20
0.49
-1.36
-0.76
-0.48
-0.62

269040
286193
301108
319737
355648
371865
420633
384154

297113
312188
333594
362584
397185
414821
458393
417242

-0.40
0.19
-0.57
-0.86
0.10
-0.11
0.37
0.32

Checks
GDP at market
prices,balanced
measure , mn

GDP at market prices,

Expenditure side
measure , mn

Sefton and Weale

(1995), Table A2

ONS: Series Code

YBHA-GIXM
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0

5923
4864
4419
4217
4328
4469
4311
4559
4559
4651
4575
4279
4186
4261
4478
4679
4944
5288
5454
5867
7121
8579
9400
10005
10092
9822
9882
10679
11884
12621
13192
14663
15851
17002
17973
19385
20850

0
0
0
0
0
0
0
0
0

11907
12583
13147
14673
15931
17133
18058
19434
20975

0
0
-1
1
0
1
1
0
0
0
-1
0
-1
0
0
0
-1
-1
0
-1
1
1
0
1
0
0
-1
0
0
-1
0
0
-1
0
1
0
0

0
0
0
0
0
0
0
0
0

22023
22957
24231
25870
27415
28802
30581
33366
35964
38311
40354
43693
47135
51787
57594
64447
74149
83708
106058
125532
146001
168128
197703
231548
254924
278801
304337
324844
355923
382894
421054
467751
511145
550391

22162
23088
24305
25728
27384
28640
30358
33110
35719
38091
40318
43768
46789
51528
57937
64289
74695
85262
107577
128668
148096
170432
199482
233837
258040
281640
307645
329456
362145
389149
428665
478510
525274
570283
598664
622080
654196
692987
733266
781726
830094
879102
928730
976533
1021828

0
1
1
0
0
1
0
1
1
0
0
1
0
0
0
1
0
0
1
1
-1
0
1
-1
1
0
1
0
-1
0
0
-1
-1
0

0
0
0
0
0
0
0
0
0
0
0
0
0
2
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0

1075564
1139746
1202956
1254058
1328363
1404845
1445580
1392737

0
0
0
0
0
0
0
0

Composite
GDP(E) measure

468
465
444
439
466
492
525
504
535
564
528
503
484
482
526
556
595
618
595
605
554
582
587
656
696
715
744
752
718
775
773
826
834
886
935
971
1013

Memo: GDP(A) at
market prices, mn

Memo: Statistical
Discrepancy

ONS: Series Code

YBHA

ONS: Series Code

GIXM

1007
1007
1016
1077
1128
1188
1253
1300
1230
1199
1159
1224
1083
1288
1220
1243
1309
1284
1228
1228
1260
1272
1329
1371
1396
1390
1359
1434
1443
1523
1512
1616
1747
1795
1913
1867
1856
1893
1950
1970
2009
1986
2019
2069
2175

2220
2361
2385
2972
3428
4293
5047
5442
5934
4873
4428
4225
4336
4478
4319
4568
4568
4660
4584
4287
4194
4269
4487
4688
4954
5298
5465
5878
7135
8596
9418
10024
10112
9841
9901
10700
11907
12583
13147
14673
15931
17133
18058
19434
20975

11974
12726
13308
14784
15983
17121
18126
19490
20956

67
143
161
111
52
-12
68
56
-19

22162
23088
24305
25728
27384
28640
30358
33110
35719
38091
40318
43768
46789
51528
57937
64289
74695
85262
107577
128668
148096
170432
199482
233837
258040
281640
307645
329456
362145
389149
428665
478510
525274
570283
598664
622080
654196
692987
733266
781726
830094
879102
928730
976533
1021828

22105
23050
24348
25977
27413
28711
30409
33228
35888
38189
40281
43656
47023
51696
57670
64621
74545
84513
106717
126274
146973
169344
199220
233184
256279
281024
307207
329913
361758
389149
428665
478510
525274
570283
598664
622080
654196
692987
733266
781726
830094
879102
928730
976533
1021828

-57
-38
43
249
29
71
51
118
169
98
-37
-112
234
168
-267
332
-150
-749
-860
-2394
-1123
-1088
-262
-653
-1761
-616
-438
457
-387
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0

1075564
1139746
1202956
1254058
1328363
1404845
1445580
1392737

1075564
1139746
1202956
1254058
1328363
1404845
1445580
1392634

0
0
0
0
0
0
0
-103

Household and NPISH consumption

Household Consumption,
mn at constant 1900
prices

1830
1831
1832
1833
1834
1835
1836
1837
1838
1839
1840
1841
1842
1843
1844
1845
1846
1847
1848
1849
1850
1851
1852
1853
1854
1855
1856
1857
1858
1859
1860
1861
1862
1863
1864
1865
1866

Household
Consumption, mn at
constant 1938 prices

Household Consumption,
mn (1938 constant
prices)

Mitchell(1988), Chapter
Mitchell(1988), Chapter
XVI, Table 6 pages 837 to XVI, Table 6 pages 837 Sefton and Weale (1995)
841
to 841
Table A.3
424
433
434
440
452
462
482
476
490
509
498
495
488
492
518
542
559
552
567
580
578
601
606
629
634
624
653
672
669
696
703
734
746
758
778
808
836

1867
1868
1869
1870
1871
1872
1873
1874
1875
1876
1877
1878
1879
1880
1881
1882
1883
1884
1885
1886
1887
1888
1889
1890
1891
1892
1893
1894
1895
1896
1897
1898
1899
1900
1901
1902
1903
1904
1905
1906
1907
1908
1909
1910
1911

841
866
883
928
963
976
998
1032
1047
1058
1072
1084
1070
1126
1118
1138
1176
1180
1191
1198
1243
1260
1286
1310
1365
1359
1365
1420
1455
1515
1524
1588
1641
1637
1669
1678
1685
1709
1719
1749
1772
1766
1774
1803
1857

1912
1913
1914
1915
1916
1917
1918
1919
1920
1921
1922
1923
1924
1925
1926
1927
1928
1929
1930
1931
1932
1933
1934
1935
1936
1937
1938
1939
1940
1941
1942
1943
1944
1945
1946
1947
1948
1949
1950
1951
1952
1953
1954
1955
1956

1869
1937

3544
3560
3637
3335
3074
3045
3485
3493

3271
3002
3136
3232
3339
3397
3416
3564
3609
3692
3738
3793
3771
3913
4013
4126
4278
4330
4310
4299
3748
3649
3649
3620
3756
4050
4433
4622
4709

1957
1958
1959
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969
1970
1971
1972
1973
1974
1975
1976
1977
1978
1979
1980
1981
1982
1983
1984
1985
1986
1987
1988
1989
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001

2002
2003
2004
2005
2006
2007
2008
2009

Gross fixed capital formation

Household and NPISH
Consumption, mn Chained
volume measure, 2006 reference Composite volume
year
measure

ONS Series Code: NPSP

28522
29128
29195
29598
30406
31078
32424
32020
32962
34240
33500
33298
32827
33096
34845
36460
37604
37133
38142
39016
38882
40429
40765
42312
42649
41976
43927
45205
45003
46819
47290
49376
50183
50990
52335
54354
56237

Gross Fixed Capital

Formation, mn at
constant 1900 prices
Mitchell(1988), Chapter
XVI, Table 6 pages 837
to 841
26
31
23
23
28
41
39
46
53
55
55
36
33
31
33
47
66
82
73
69
57
58
64
63
64
61
56
55
55
60
64
70
76
86
92
96
92

56573
58255
59399
62426
64780
65655
67135
69422
70431
71171
72113
72920
71978
75745
75207
76552
79109
79378
80118
80589
83616
84759
86508
88123
91823
91419
91823
95522
97877
101913
102518
106824
110389
110120
112272
112878
113349
114963
115636
117654
119201
118798
119336
121286
124919

85
82
82
90
100
107
105
119
126
132
132
124
114
110
116
115
119
117
109
100
103
107
114
116
122
125
127
132
138
150
167
193
204
205
216
227
225
223
220
207
185
156
167
169
172

184884
187889
192881
190229
190242
198490
206622
215044
215724

125726
130301
130889
133720
122616
113020
111954
128131
128425
117864
123125
126894
131095
133372
134118
139929
141696
144955
146761
148920
148056
153632
157558
161994
167962
170004
169219
168787
147153
143266
143266
142128
147467
159010
174048
181468
184884
187889
192881
190229
190242
198490
206622
215044
215724

172
189

219799
225592
235009
243617
248601
253824
265364
273558
276890
281786
288807
297087
298745
307371
317093
337200
355568
350384
349293
350453
348568
366632
383408
383182
384695
389696
406976
416392
432569
460550
485898
523589
541863
547146
538863
541120
556533
573005
583969
606964
629921
656862
690812
723232
745509

219799
225592
235009
243617
248601
253824
265364
273558
276890
281786
288807
297087
298745
307371
317093
337200
355568
350384
349293
350453
348568
366632
383408
383182
384695
389696
406976
416392
432569
460550
485898
523589
541863
547146
538863
541120
556533
573005
583969
606964
629921
656862
690812
723232
745509

771974
795106
819912
837696
852018
870790
874512
845555

771974
795106
819912
837696
852018
870790
874512
845555

apital formation
Gross Fixed Capital
Formation, mn at
constant 1938 prices

Gross Fixed Capital

Formation, mn (1938
constant prices)

Gross Fixed Capital Formation,

mn Chained volume measure,
2006 reference year

Mitchell(1988), Chapter
XVI, Table 6 pages 837 Sefton and Weale (1995)
to 841
Table A.3
ONS Series Code: NPQT

325
325
256
201
215
261
342
397

284
325
300
308
359
409
397
443
438
461
463
454
396
410
498
518
566
585
592
530
460
370
320
220
170
190
480
560
600

25562
27825
29332
29674
30161
33464
36217
39819
41634

43687
44046
47365
51612
56487
56877
57751
66976
70468
72372
78867
83402
82932
85353
87134
87067
92839
91036
89299
90934
89594
91877
94974
90533
82627
87594
92020
100390
104575
106867
116997
134369
142560
139405
128083
126926
126616
132428
136318
143722
153501
174514
179686
184565
189336

196241
198365
208484
213576
227234
245053
232777
197548

Stockbuilding including acquisition and disposal of valuables

Stockbuilding, mn
Composite
at constant 1900
volume measure prices

1363
1625
1205
1205
1467
2149
2044
2411
2778
2882
2882
1887
1729
1625
1729
2463
3459
4297
3826
3616
2987
3040
3354
3302
3354
3197
2935
2882
2882
3144
3354
3669
3983
4507
4821
5031
4821

0
2
-1
1
3
4
1
0
3
3
-2
-6
-3
5
10
11
14
-2
9
5
-2
6
4
4
3
3
7
2
1
11
-1
10
6
15
8
17
8

Stockbuilding,
Stockbuilding, mn
mn at constant (1938 constant
1938 prices
prices)

4455
4297
4297
4717
5241
5608
5503
6236
6603
6918
6918
6499
5974
5765
6079
6027
6236
6132
5712
5241
5398
5608
5974
6079
6394
6551
6656
6918
7232
7861
8752
10115
10691
10744
11320
11896
11792
11687
11530
10848
9695
8176
8752
8857
9014

2
6
9
30
5
-13
6
26
4
-7
-28
33
-41
61
-2
-5
31
24
6
20
19
-3
21
15
8
11
-13
50
20
47
-11
26
41
-24
49
4
-17
2
27
5
-15
-7
22
-2
10

9014
9905
9905
7802
6126
6553
7954
10423
12099
13846
12781
13122
15295
17425
16914
18873
18660
19640
19725
19342
16871
17467
21216
22069
24113
24923
25221
22580
19598
15763
13633
9373
7243
8095
20450
23858
25562
27825
29332
29674
30161
33464
36217
39819
41634

-11
27

50
80
-300
-350
-100
80
80
-60

-35
-123
-82
-71
0
54
13
45
3
31
60
-12
-19
-52
35
2
35
81
51
113
94
41
-66
31
-153
-129
15
106
45

43687
44046
47365
51612
56487
56877
57751
66976
70468
72372
78867
83402
82932
85353
87134
87067
92839
91036
89299
90934
89594
91877
94974
90533
82627
87594
92020
100390
104575
106867
116997
134369
142560
139405
128083
126926
126616
132428
136318
143722
153501
174514
179686
184565
189336

196241
198365
208484
213576
227234
245053
232777
197548

sal of valuables
ONS data, mn Chained
volume measure, 2006
reference year
Stockbuilding, ONS
Series Code: CAFU

Composite
contribution to
GDP(E)
Acquisition less dispoasl
of valuables, ONS code
NPJR
0.43
-0.61
0.41
0.41
0.20
-0.56
-0.18
0.55
0.00
-0.83
-0.69
0.53
1.44
0.87
0.17
0.47
-2.35
1.66
-0.58
-1.01
1.17
-0.28
0.00
-0.13
0.00
0.52
-0.62
-0.12
1.25
-1.40
1.29
-0.45
1.01
-0.75
0.95
-0.91

-0.60
0.40
0.29
1.99
-2.19
-1.54
1.64
1.70
-1.76
-0.89
-1.69
4.97
-5.69
8.33
-4.59
-0.22
2.66
-0.49
-1.25
0.99
-0.07
-1.49
1.61
-0.39
-0.45
0.19
-1.52
4.07
-1.80
1.59
-3.27
2.12
0.81
-3.27
3.81
-2.20
-1.04
0.95
1.23
-1.05
-0.95
0.38
1.40
-1.12
0.55

1203
-21
-2820
4017
-204
323
-220
2121
1516

-0.93
1.70
0.65
-8.07
-0.97
4.85
3.49
0.00
-2.93
-2.17
1.12
0.29
1.79
1.30
-0.95
0.77
-0.94
0.62
0.62
-1.56
-0.16
-0.75
1.92
-0.69
0.66
0.88
-0.55
1.14
-0.33
-0.85
-1.57
1.40
-2.61
0.36
2.24
1.45
-0.99
-0.94
-2.10
4.59
-3.20
0.24
-0.61
0.38
-0.34

1575
303
1189
5221
2145
-616
1023
6428
3933
2232
1619
3003
3397
2347
263
-718
9917
4090
-6193
1903
4794
3911
4651
-6140
-5867
-2770
1479
1035
613
890
1497
6096
2903
-3112
-6897
-2979
-295
4883
4492
1412
3891
4918
6653
5330
6393

-1
-5
2
0
41
28
-4
6
-29
26
42
3
-57
-29
-3
-353

0.03
-0.60
0.42
1.55
-1.13
-0.99
0.59
1.65
-0.74
-0.47
-0.16
0.42
0.11
-0.29
-0.51
-0.20
2.34
-1.12
-2.63
1.86
0.77
-0.20
0.17
-2.18
0.06
0.64
0.87
-0.10
-0.10
0.04
0.05
0.64
-0.43
-0.87
-0.49
0.54
0.36
0.65
0.09
-0.37
0.30
0.09
0.13
-0.11
0.13

2623
4567
5375
4963
5212
6837
130
-15416

-203
5
-36
-354
285
547
1290
1222

-0.34
0.12
0.11
-0.06
0.11
0.14
-0.44
-1.12

Government Consumption
Government
Consumption, mn at
constant 1900 prices

Government
Consumption, mn at
constant 1938 prices

Government
Consumption, mn
(1938 constant prices)

Mitchell(1988), Chapter Mitchell(1988), Chapter

XVI, Table 6 pages 837 to XVI, Table 6 pages 837 to Sefton and Weale (1995)
841
841
Table A.3
28
28
29
29
28
28
28
29
30
31
34
35
36
37
37
36
39
38
42
42
42
42
43
42
46
60
59
51
52
55
58
56
55
55
54
53
53

54
56
54
57
57
56
52
56
59
61
62
65
72
71
73
76
79
81
89
88
86
86
87
89
92
92
95
99
105
110
113
116
140
182
204
193
171
165
164
162
159
163
170
176
181

184
188

370
530
1590
1810
1980
1890
830
475

447
451
424
399
403
416
425
430
435
444
455
465
465
472
482
515
563
627
748
1135
2619
3308
3474
3582
3352
2739
1495
1056
1015

Domestic Demand
Government Consumption, mn Composite
Chained volume measure, 2006 volume
reference year
measure

ONS Series Code: NMRY

5171
5171
5356
5356
5171
5171
5171
5356
5541
5726
6280
6464
6649
6834
6834
6649
7203
7018
7757
7757
7757
7757
7942
7757
8496
11082
10897
9420
9604
10158
10712
10343
10158
10158
9974
9789
9789

Domestic Demand,
mn at constant
1900 prices
Mitchell(1988),
Chapter XVI, Table 6
pages 837 to 841
478
494
485
493
511
535
550
551
576
598
585
560
554
565
598
636
678
670
691
696
675
707
717
738
747
748
775
780
777
822
824
870
883
914
932
974
989

9974
10343
9974
10528
10528
10343
9604
10343
10897
11266
11451
12005
13298
13113
13483
14037
14591
14960
16438
16253
15884
15884
16069
16438
16992
16992
17546
18285
19393
20317
20871
21425
25857
33615
37678
35646
31583
30475
30290
29921
29367
30105
31398
32507
33430

982
1010
1028
1105
1125
1126
1161
1233
1236
1244
1238
1306
1215
1368
1305
1324
1405
1402
1395
1406
1451
1450
1508
1530
1587
1587
1574
1701
1718
1822
1793
1923
2026
2000
2138
2102
2064
2099
2130
2123
2101
2078
2133
2146
2220

101220
107091
106980
114790
125805
129076
128685
125595
124341

33984
34723
49738
149215
169861
185814
177368
77892
44577
44976
42283
39790
40189
41485
42383
42881
43380
44278
45374
46372
46372
47070
48067
51358
56145
62527
74594
113187
261178
329887
346442
357212
334275
273144
149088
105309
101220
107091
106980
114790
125805
129076
128685
125595
124341

2214
2341

122719
119529
121680
124112
128575
132583
135352
137914
141620
145780
153781
155579
152659
155041
160336
167643
173768
176558
186848
190000
187633
190940
193890
197017
197457
198887
202382
204872
204200
207157
206981
207304
209291
213879
220319
221944
220430
222751
225658
227310
226119
228677
236969
244402
250223

122719
119529
121680
124112
128575
132583
135352
137914
141620
145780
153781
155579
152659
155041
160336
167643
173768
176558
186848
190000
187633
190940
193890
197017
197457
198887
202382
204872
204200
207157
206981
207304
209291
213879
220319
221944
220430
222751
225658
227310
226119
228677
236969
244402
250223

258856
267752
275904
281331
285151
288797
293464
296287

258856
267752
275904
281331
285151
288797
293464
296287

Domestic Demand,
Domestic Demand, mn mn (1938 constant
at constant 1938 prices prices)

Domestic Demand, mn
Chained volume measure,
2006 reference year

Mitchell(1988), Chapter
XVI, Table 6 pages 837
to 841

ONS Series Code: YBIM

Sefton and Weale

(1995) Table A.3

4289
4495
5183
4996
5169
5276
4737
4305

3967
3655
3778
3868
4101
4276
4251
4482
4485
4628
4716
4700
4613
4743
5028
5161
5442
5623
5701
6077
6921
7368
7377
7453
7125
6850
6423
6344
6369

302439
309267
310651
326297
322546
339154
350095
364831
366274

372905
375834
393538
416237
426177
430537
448508
478789
485745
493790
513951
532008
532008
544395
557809
583032
627752
614814
602835
619517
618879
641755
665682
646961
638360
655422
687165
708656
729266
763188
802047
867447
894135
891409
869553
876400
893613
924628
943430
973275
1009881
1063871
1112892
1156702
1191188

1229248
1264568
1309032
1336580
1369900
1412024
1402173
1325195

Composite
volume
measure

38321
39604
38882
39524
40967
42891
44093
44174
46178
47941
46899
44895
44414
45296
47941
50988
54355
53714
55397
55798
54115
56680
57482
59165
59887
59967
62132
62532
62292
65899
66060
69748
70790
73275
74718
78085
79288

Net trade

Check
Domestic
demand =
sum of
components

Net trade, mn at
constant 1900 prices

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0

Mitchell(1988),
Chapter XVI, Table 6
pages 837 to 841
-8
-3
-1
-2
1
3
-2
-7
-2
1
-3
1
3
9
7
1
2
-7
-7
-2
7
5
9
9
13
23
28
33
24
33
26
15
5
14
12
17
11

78727
80971
82414
88588
90191
90271
93077
98849
99090
99731
99250
104702
97406
109672
104621
106145
112638
112398
111837
112719
116326
116246
120896
122660
127229
127229
126187
136369
137732
146069
143744
154166
162424
160339
171403
168517
165470
168276
170761
170200
168437
166593
171002
172044
177977

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0

19
24
28
38
43
35
16
15
5
-3
-10
-6
10
4
37
30
25
34
18
24
23
39
27
28
-1
-8
-25
-33
-18
-46
-49
-63
-41
-85
-89
-82
-64
-59
-25
-15
17
-2
6
32
39

177496
187677
196691
226797
218614
226184
230866
207281
188377
173562
179403
183676
194741
203051
201863
212833
212975
219766
223944
223185
219053
225227
238760
245076
258419
267014
270718
288573
328651
349878
350305
353914
338338
325280
305003
301252
302439
309267
310651
326297
322546
339154
350095
364831
366274

0
0

25
28
0
0
0
0
0
0
0

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0

372905
375834
393538
416237
426177
430537
448508
478789
485745
493790
513951
532008
532008
544395
557809
583032
627752
614814
602835
619517
618879
641755
665682
646961
638360
655422
687165
708656
729266
763188
802047
867447
894135
891409
869553
876400
893613
924628
943430
973275
1009881
1063871
1112892
1156702
1191188

1229248
1264568
1309032
1336580
1369900
1412024
1402173
1325195

Net trade, mn
Net trade, mn at
(1938 constant
constant 1938 prices prices)

ONS data, mn Chained

volume measure, 2006
reference year

Mitchell(1988),
Chapter XVI, Table 6
pages 837 to 841

Export volumes: ONS

series code IKBK

Sefton and Weale

(1995) Table A.3

342
216
-29
157
-18
-108
45
68

79
-2
70
96
48
18
-90
1
36
22
-104
-303
-212
-200
-214
-169
-213
-211
-246
-384
-662
-564
-451
-407
-390
-423
-153
-155
19

26344
29231
33392
33059
32388
33742
35642
38102
39856

40894
40275
41377
43741
45135
45904
48151
49733
51903
54591
54886
61775
67824
71434
76561
77556
87291
93910
91360
99774
106584
108520
112580
112242
111688
112931
115204
122970
130167
135587
143531
144387
150964
158937
158682
165292
172705
188567
206377
224496
242786
250362
259714
283461
292004

294924
300343
315400
340308
378026
368314
372104
330809

Composite net
trade contribution
Import volumes:
ONS series code
IKBL

Memo: Export
volumes excl
MTIC fraud

Memo: Import
volumes excl
MTIC fraud
1.06
0.41
-0.21
0.61
0.39
-0.93
-0.91
0.92
0.52
-0.67
0.69
0.36
1.08
-0.35
-0.99
0.16
-1.32
0.00
0.73
1.30
-0.29
0.56
0.00
0.54
1.32
0.65
0.62
-1.11
1.12
-0.82
-1.29
-1.13
1.01
-0.22
0.53
-0.61

0.80
0.50
0.39
0.95
0.44
-0.68
-1.64
-0.08
-0.80
-0.64
-0.56
0.33
1.23
-0.49
2.41
-0.52
-0.37
0.63
-1.11
0.42
-0.07
1.09
-0.81
0.07
-1.86
-0.44
-1.08
-0.52
0.90
-1.65
-0.17
-0.80
1.18
-2.22
-0.21
0.34
0.89
0.25
1.67
0.48
1.52
-0.90
0.39
1.22
0.32

26773
28874
29116
31161
28836
31114
32249
35446
35555

39928

35546

-0.62
0.13
-2.72
-5.20
3.61
-3.40
-1.75
2.96
0.48
-2.00
1.97
0.68
-1.21
-0.72
-2.51
2.19
0.78
-0.31
-2.71
-4.31
2.07
0.27
-0.31
0.93
-0.88
0.04
-0.65
-2.53
-4.88
1.57
1.66
0.64
0.24
-0.49
4.20
-0.03
2.81
0.43
2.64
-1.85
1.68
-0.95
0.40
-0.69
0.92

36439
36839
39298
44040
43719
44646
46340
51349
51826
53131
56945
61314
63323
66430
70004
76941
85535
86523
80869
85065
86710
89982
98680
95326
92717
97289
103675
113914
116782
124810
134652
151862
163132
164049
156814
167419
172975
183214
193354
212181
232785
254374
274511
299068
313354

40954
40336
41439
43804
45208
45979
48229
49813
51984
54680
54975
61718
67762
71363
76471
77462
87171
93788
91313
99709
106502
108476
112536
112208
111646
112889
115175
122960
130156
135577
143579
144436
151019
158981
158726
165322
172744
188613
206460
224584
242856
250430
258399
281230
285684

36426
36829
39286
44026
43706
44629
46322
51337
51807
53116
56927
61235
63244
66355
69848
76770
85328
86311
80789
84986
86630
89942
98630
95277
92699
97270
103661
113902
116757
124801
134694
151910
163192
164121
156867
167474
173072
183313
193455
212269
232859
254458
273182
296684
306811

0.03
-0.56
-0.76
-1.26
0.79
-0.09
0.20
-1.49
0.62
0.47
-1.26
0.81
1.31
0.11
0.45
-1.78
0.29
1.45
1.34
0.94
1.33
-0.54
-1.51
0.84
0.54
-0.86
-1.05
-0.71
0.95
-0.68
-0.55
-3.18
-0.89
1.10
1.11
-0.65
0.24
0.78
1.01
-0.28
-0.45
-1.71
-1.17
-0.08
-0.58

328722
335817
359068
384537
419563
416309
411138
360749

284055
295695
312599
329093
355648
366397
370238
329146

317667
331153
356301
373290
397185
414392
409272
359098

-1.17
-0.14
-0.65
0.01
0.21
-0.49
0.66
0.67

GDP(E) - GDP expenditure side estimate at market prices

GDP(E), mn at
constant 1900 prices

GDP(E), mn at
constant 1938 prices

GDP(E), mn (1938
constant prices)

Mitchell(1988), Chapter Mitchell(1988), Chapter

XVI, Table 6 pages 837 XVI, Table 6 pages 837 Sefton and Weale
to 841
to 841
(1995) Table A.3
470
491
484
491
512
538
548
544
574
599
582
561
557
574
605
637
680
663
684
694
682
712
726
747
760
771
803
813
801
855
850
885
888
928
944
991
1000

1001
1034
1056
1143
1168
1161
1177
1248
1241
1241
1228
1300
1225
1372
1342
1354
1430
1436
1413
1430
1474
1489
1535
1558
1586
1579
1549
1668
1700
1776
1744
1860
1985
1915
2049
2020
2000
2040
2105
2108
2118
2076
2139
2178
2259

2239
2369

4632
4711
5154
5153
5151
5168
4782
4373

4047
3654
3848
3962
4149
4295
4161
4481
4521
4650
4613
4399
4402
4542
4813
4991
5229
5412
5454
5694
6259
6804
6926
7045
6735
6427
6269
6189
6388

GDP(E), mn Chained
volume measure, 2006
reference year

Composite
Memo: GDP(A) at Memo: Statistical
GDP(E) measure market prices
Discrepancy

ONS series codes:

chainlinked series using
CAGR and NTAO
40389
42193
41592
42193
43998
46232
47091
46748
49326
51474
50013
48209
47865
49326
51990
54740
58435
56974
58778
59638
58607
61185
62388
64192
65309
66255
69004
69864
68833
73473
73043
76051
76309
79746
81121
85160
85933

86019
88855
90746
98222
100370
99769
101144
107245
106643
106643
105526
111713
105268
117901
115323
116354
122885
123400
121424
122885
126666
127955
131908
133884
136290
135689
133111
143337
146087
152618
149868
159836
170578
164562
176077
173585
171867
175304
180890
181148
182007
178398
183811
187163
194123

303368
311645
321280
331578
333173
347327
360000
372747
377659

192405
203576
207048
226518
226474
226386
227133
210169
192193
173529
182743
188156
197037
203971
197607
212804
214703
220830
219073
208910
209052
215701
228571
237024
248327
257017
259012
270410
297242
323124
328918
334569
319847
305220
297716
293917
303368
311645
321280
331578
333173
347327
360000
372747
377659

304950
315091
325119
333975
334158
346985
361258
373836
377308

1580
3443
3837
2395
983
-345
1256
1087
-353

384601
385442
400567
418609
432063
436114
455243
479304
489385
499855
514012
536418
543429
556621
572703
588044
634871
630713
626277
649741
657718
678235
692851
679310
674174
685841
711110
728043
756098
785620
821460
862797
882481
889358
876975
878260
897778
936204
964780
992617
1025447
1062431
1099327
1142371
1170487

384601
385442
400567
418609
432063
436114
455243
479304
489385
499855
514012
536418
543429
556621
572703
588044
634871
630713
626277
649741
657718
678235
692851
679310
674174
685841
711110
728043
756098
785620
821460
862797
882481
889358
876975
878260
897778
936204
964780
992617
1025447
1062431
1099327
1142371
1170487

383581
384807
401279
422669
432531
437207
456002
480991
491703
501170
513531
535100
546189
558447
570138
590984
633509
625191
621310
637697
652875
673990
692087
678013
669765
684517
709783
728887
755300
785620
821461
862797
882481
889358
876974
878260
897777
936204
964780
992617
1025447
1062433
1099327
1142372
1170489

-1023
-637
710
4056
466
1090
756
1684
2315
1312
-484
-1322
2757
1823
-2569
2936
-1365
-5526
-4972
-12049
-4847
-4249
-769
-1302
-4411
-1323
-1326
844
-799
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0

1195035
1228594
1264852
1292335
1328363
1364029
1363139
1295255

1195035
1228594
1264852
1292335
1328363
1364029
1363139
1295255

1195035
1228595
1264852
1292335
1328363
1364029
1363139
1295159

0
0
0
0
0
0
0
-96

Contributions to annual GDP(E) growth in pps - for co

o/w consumption of
Years
Consumption
durables
1830
1831
1.91
1832
0.20
1833
1.24
1834
2.44
1835
1.95
1836
3.72
1837
-1.09
1838
2.57
1839
3.31
1840
-1.84
1841
-0.52
1842
-1.25
1843
0.72
1844
4.53
1845
3.97
1846
2.67
1847
-1.03
1848
2.26
1849
1.90
1850
-0.29
1851
3.37
1852
0.70
1853
3.17
1854
0.67
1855
-1.32
1856
3.76
1857
2.37
1858
-0.37
1859
3.37
1860
0.82
1861
3.65
1862
1.36
1863
1.35
1864
2.16
1865
3.18
1866
2.83
1867
0.50
1868
2.50
1869
1.64
1870
4.26
1871
3.06

Aggregate
investment
1.06
-1.63
0.00
1.02
2.54
-0.37
1.28
1.29
0.35
0.00
-3.26
-0.53
-0.36
0.35
2.31
2.98
2.35
-1.36
-0.58
-1.73
0.15
0.84
-0.14
0.13
-0.39
-0.65
-0.12
0.00
0.62
0.47
0.71
0.68
1.13
0.65
0.42
-0.40
-0.70
-0.30
0.00
0.76
0.87

o/w dwellings
investment

0.55
-0.03
-0.64
-0.28
0.05
-0.05
0.10
0.09
-0.02
0.09
0.23
0.14
0.10
-0.15
0.11
0.20
0.19
0.16
0.14
0.05

1872
1873
1874
1875
1876
1877
1878
1879
1880
1881
1882
1883
1884
1885
1886
1887
1888
1889
1890
1891
1892
1893
1894
1895
1896
1897
1898
1899
1900
1901
1902
1903
1904
1905
1906
1907
1908
1909
1910
1911
1912
1913
1914
1915
1916
1917
1918
1919

1.11
1.89
2.89
1.20
0.89
1.13
0.98
-1.08
4.57
-0.58
1.49
2.81
0.28
0.77
0.50
3.15
1.15
1.75
1.56
3.53
-0.38
0.38
3.55
2.10
3.53
0.51
3.67
2.85
-0.20
1.67
0.44
0.35
1.20
0.49
1.43
1.09
-0.28
0.39
1.36
2.48
0.53
3.04
0.35
1.63
-5.86
-5.07
-0.56
8.51

0.08
0.00
-0.10
0.17
-0.07
0.02
0.16
-0.05
-0.17
0.12
0.07
0.18
0.40

0.60
-0.17
1.19
0.56
0.48
0.00
-0.65
-0.77
-0.33
0.44
-0.07
0.30
-0.14
-0.56
-0.64
0.21
0.27
0.47
0.13
0.39
0.19
0.13
0.32
0.36
0.71
0.96
1.49
0.59
0.05
0.57
0.54
-0.10
-0.10
-0.15
-0.62
-1.04
-1.37
0.53
0.09
0.14
0.00
0.76
0.00
-1.46
-1.07
0.27
0.89
1.57

0.15
-0.15
0.29
0.50
0.32
-0.13
-0.33
-0.43
-0.08
0.10
-0.04
0.00
0.02
-0.15
-0.06
0.10
-0.05
0.00
-0.08
0.04
0.11
0.15
0.04
0.03
0.30
0.23
0.43
-0.01
-0.17
0.05
0.10
0.04
-0.19
-0.01
-0.19
-0.14
-0.17
-0.02
-0.12
-0.24
-0.13
-0.08

1920
1921
1922
1923
1924
1925
1926
1927
1928
1929
1930
1931
1932
1933
1934
1935
1936
1937
1938
1939
1940
1941
1942
1943
1944
1945
1946
1947
1948
1949
1950
1951
1952
1953
1954
1955
1956
1957
1958
1959
1960
1961
1962
1963
1964
1965
1966
1967

0.17
-6.65
3.67
2.49
2.70
1.40
0.44
3.56
1.00
1.84
0.99
1.19
-0.50
3.23
2.20
2.35
3.05
0.99
-0.37
-0.20
-9.68
-1.58
0.00
-0.42
1.93
4.37
5.96
3.01
1.41
1.15
1.86
-0.97
0.00
2.88
2.70
2.70
0.21
1.22
1.70
2.73
2.40
1.33
1.35
2.95
2.02
0.78
1.12
1.56

-0.35
0.47
0.29
0.20
0.29
0.09
0.29
0.13
0.15
0.06
0.04
0.32
0.20
0.48
0.37
0.20
-0.13
-0.35

0.28
0.21
-0.01
-0.11
0.50
0.42
0.28
-0.30
0.28
0.41
0.57
0.12
-0.14
0.13
0.52
-0.73
0.02
-0.06
0.35

1.15
1.01
-0.68
0.21
1.29
1.21
-0.28
1.11
-0.11
0.51
0.04
-0.20
-1.32
0.32
1.94
0.42
0.96
0.36
0.13
-1.14
-1.23
-1.44
-0.73
-1.44
-0.71
0.30
4.51
1.28
0.65
1.12
0.72
0.16
0.22
1.56
1.22
1.60
0.71
0.78
0.13
1.22
1.47
1.60
0.12
0.27
2.79
0.99
0.52
1.71

0.66
-0.16
-0.16
0.62
0.51
0.63
0.30
-0.72
0.35
-0.19
0.13
0.02
1.00
0.47
-0.20
0.00
-0.24
-0.08

-0.06
-0.06
-0.02
0.42
0.91
0.22
-0.19
-0.24
-0.02
-0.14
0.42
0.39
0.27
0.27
1.21
0.36
0.10
-0.06
0.25

1968
1969
1970
1971
1972
1973
1974
1975
1976
1977
1978
1979
1980
1981
1982
1983
1984
1985
1986
1987
1988
1989
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009

1.78
0.34
1.77
1.92
3.83
3.36
-0.89
-0.19
0.20
-0.31
3.01
2.66
-0.03
0.10
0.64
2.48
1.37
2.32
3.84
3.38
4.76
2.17
0.61
-0.94
0.26
1.81
1.90
1.22
2.50
2.42
2.74
3.34
3.05
2.02
2.34
1.97
2.03
1.40
1.19
1.41
0.27
-2.12

0.38
-0.32
0.43
0.92
1.29
0.36
-0.69
0.12
0.32
-0.31
0.92
0.79
-0.34
0.02
0.24
0.94
0.16
0.49
0.80
0.69
1.14
0.41
-0.35
-0.55
0.04
0.35
0.32
0.27
0.52
0.52
0.57
0.65
0.69
0.79
0.44
0.59
0.27
0.46
0.49
0.46
0.20
-0.08

1.13
-0.11
0.57
0.41
-0.02
1.28
-0.40
-0.41
0.37
-0.29
0.49
0.53
-0.90
-1.63
1.02
0.86
1.54
0.75
0.39
1.70
2.78
1.25
-0.48
-1.67
-0.16
-0.04
0.73
0.47
0.90
1.13
2.28
0.53
0.47
0.44
0.61
0.18
0.84
0.41
1.07
1.34
-0.90
-2.58

0.24
-0.12
-0.19
0.45
0.22
-0.08
-0.36
-0.03
0.03
-0.02
0.16
0.24
-0.15
-0.28
0.16
0.18
0.17
-0.07
0.32
0.28
0.65
-0.26
-0.64
-0.34
0.11
0.14
0.11
0.09
0.00
0.15
0.03
-0.09
0.01
0.02
0.21
0.09
0.31
0.02
0.29
0.10
-0.44
-0.82

(a) Note that Feinstein's later estimates of net trade based on his extensions to Deane (1968) and published in Mitchell (

So column M does not equal columns K-L from 1870-1913. The net trade contribution figures are to be preferred un

Colour Key:
Feinstein's extensions to Deane's (1968) data from Mitchell (1988)
Feinstein (1972)
Sefton and Weale (1995)
Feinstein and Pollard (1988)

ONS
Imlah(1958)'s data from Mitchell (1988)

pps - for colour key of sources see bottom

Stockbuilding
(including acquisitions
less disposals of
Government
valuables)
Consumption
0.43
-0.61
0.41
0.41
0.20
-0.56
-0.18
0.55
0.00
-0.83
-0.69
0.53
1.44
0.87
0.17
0.47
-2.35
1.66
-0.58
-1.01
1.17
-0.28
0.00
-0.13
0.00
0.52
-0.62
-0.12
1.25
-1.40
1.29
-0.45
1.01
-0.75
0.95
-0.91
-0.60
0.40
0.29
1.99
-2.19

0.00
0.20
0.00
-0.20
0.00
0.00
0.18
0.18
0.17
0.50
0.17
0.18
0.18
0.00
-0.17
0.47
-0.15
0.60
0.00
0.00
0.00
0.14
-0.14
0.54
1.84
-0.13
-1.00
0.12
0.37
0.35
-0.24
-0.11
0.00
-0.11
-0.11
0.00
0.10
0.20
-0.19
0.28
0.00

Domestic
Demand
3.40
-1.83
1.65
3.67
4.69
2.79
0.18
4.60
3.83
-2.17
-4.30
-1.07
1.97
5.75
6.28
6.59
-1.18
3.17
0.73
-3.03
4.69
1.40
2.89
1.20
0.13
3.50
0.62
-0.37
5.62
0.23
5.41
1.47
3.49
1.94
4.45
1.51
-0.70
2.80
1.74
7.29
1.75

Exports of
Goods
0.24
0.44
0.16
0.31
0.61
0.33
-0.67
1.20
0.28
0.37
0.33
-0.18
0.91
0.74
0.14
-0.17
0.29
-0.14
2.35
0.73
0.67
0.60
1.78
-0.10
0.27
1.99
0.18
-0.11
1.33
0.84
-0.63
-0.72
1.03
-0.01
1.25
1.13
0.25
1.13
0.78
1.11
2.60

Imports of
Goods
0.66
-1.15
0.38
0.66
-0.04
1.44
-0.54
0.93
0.56
0.12
-0.04
-0.48
0.18
1.01
1.13
-0.31
2.13
-0.54
1.60
-0.45
0.84
-0.37
2.10
-0.46
-1.07
2.09
0.05
0.10
0.91
1.88
0.88
0.33
0.15
0.01
0.89
1.42
-0.25
1.17
0.54
0.88
2.54

-1.54
1.64
1.70
-1.76
-0.89
-1.69
4.97
-5.69
8.33
-4.59
-0.22
2.66
-0.49
-1.25
0.99
-0.07
-1.49
1.61
-0.39
-0.45
0.19
-1.52
4.07
-1.80
1.59
-3.27
2.12
0.81
-3.27
3.81
-2.20
-1.04
0.95
1.23
-1.05
-0.95
0.38
1.40
-1.12
0.55
-0.93
1.70
0.65
-8.07
-0.97
4.85
3.49
0.00

-0.09
-0.34
0.34
0.24
0.16
0.08
0.24
0.54
-0.08
0.15
0.22
0.22
0.14
0.56
-0.07
-0.14
0.00
0.07
0.13
0.19
0.00
0.19
0.26
0.36
0.29
0.17
0.17
1.29
2.12
1.15
-0.54
-1.09
-0.30
-0.05
-0.10
-0.14
0.19
0.34
0.28
0.23
0.13
0.18
3.45
22.50
4.27
3.30
-1.75
-20.51

0.09
3.01
6.12
0.24
0.64
-0.48
5.54
-7.00
12.49
-4.59
1.42
5.98
-0.21
-0.49
0.78
3.15
-0.07
3.90
1.43
3.66
0.00
-0.82
8.20
1.02
6.12
-1.63
7.45
5.54
-1.31
7.21
-1.76
-1.88
1.75
1.52
-0.33
-1.04
-1.09
2.65
0.61
3.40
-0.27
5.67
4.45
14.60
-3.63
3.36
2.08
-10.43

0.25
-0.78
0.09
0.08
-0.37
0.27
0.20
1.05
2.09
1.51
0.41
0.67
0.15
-0.92
0.92
0.83
1.47
0.84
0.09
-1.09
-0.26
-0.99
0.80
1.56
0.57
0.08
-0.14
1.35
-1.00
0.55
0.44
0.22
0.17
0.34
0.49
0.34
-0.82
0.70
0.36
0.57
1.43
0.63

0.07
0.85
0.35
1.14
0.58
0.54
0.11
0.63
1.70
-0.47
1.11
1.37
-0.86
0.24
0.21
1.04
1.02
2.01
-0.12
0.68
0.40
-0.66
1.95
1.31
1.25
0.69
0.88
0.20
0.07
0.75
0.59
0.30
0.23
0.46
0.67
0.46
-1.12
0.95
0.49
0.77
1.94
0.85

-2.93
-2.17
1.12
0.29
1.79
1.30
-0.95
0.77
-0.94
0.62
0.62
-1.56
-0.16
-0.75
1.92
-0.69
0.66
0.88
-0.55
1.14
-0.33
-0.85
-1.57
1.40
-2.61
0.36
2.24
1.45
-0.99
-0.94
-2.10
4.59
-3.20
0.24
-0.61
0.38
-0.34
0.03
-0.60
0.42
1.55
-1.13
-0.99
0.59
1.65
-0.74
-0.47
-0.16

-7.42
0.10
-0.74
-0.65
0.10
0.31
0.21
0.12
0.11
0.20
0.24
0.22
0.00
0.16
0.22
0.69
0.96
1.22
2.24
7.10
26.06
11.01
2.44
1.56
-3.26
-9.10
-19.36
-7.00
-0.66
0.97
-0.02
1.29
1.77
0.52
-0.06
-0.45
-0.18
-0.23
-0.46
0.31
0.35
0.62
0.54
0.37
0.32
0.45
0.51
0.98

-9.03
-7.71
3.37
2.34
5.88
4.22
-0.58
5.55
0.07
3.16
1.89
-0.35
-1.98
2.95
6.27
2.76
5.63
3.46
1.44
6.89
14.82
7.14
0.13
1.10
-4.66
-4.08
-6.64
-1.26
0.40
2.29
0.45
5.06
-1.20
5.20
3.25
4.23
0.40
1.80
0.78
4.68
5.77
2.42
1.03
4.18
6.78
1.48
1.67
4.09

0.42
0.11
-0.29
-0.51
-0.20
2.34
-1.12
-2.63
1.86
0.77
-0.20
0.17
-2.18
0.06
0.64
0.87
-0.10
-0.10
0.04
0.05
0.64
-0.43
-0.87
-0.49
0.54
0.36
0.65
0.09
-0.37
0.30
0.09
0.13
-0.11
0.13
-0.34
0.12
0.11
-0.06
0.11
0.14
-0.44
-1.12

0.22
-0.34
0.28
0.62
0.84
0.70
0.30
1.19
0.38
-0.27
0.36
0.31
0.33
0.05
0.16
0.39
0.27
-0.07
0.30
-0.02
0.03
0.19
0.42
0.59
0.15
-0.14
0.22
0.26
0.14
-0.10
0.21
0.65
0.57
0.44
0.66
0.68
0.62
0.41
0.29
0.27
0.34
0.21

3.55
0.00
2.32
2.44
4.46
7.67
-2.11
-2.04
2.81
-0.10
3.66
3.67
-2.79
-1.43
2.47
4.60
3.09
2.90
4.58
5.11
8.21
3.17
-0.32
-2.50
0.79
1.99
3.50
2.04
3.17
3.76
5.32
4.64
3.99
3.04
3.27
2.95
3.60
2.16
2.66
3.17
-0.72
-5.62

8) and published in Mitchell (1988) are not consistent with the exports and imports data from Feinstein (1972).

figures are to be preferred unless export and import data are required separately.

Total Exports (a)

3.06

Memo Total Exports

Total Imports (a) excl MTIC fraud (a)

2.80

0.26
-0.78
0.25
0.08
-0.08
0.48
0.33
1.31
2.29
1.60
0.45
0.89
-0.14
-0.91
0.64
1.33
1.49
1.14
-0.07
-1.22
-0.19
-1.33
1.16
1.62
1.00
0.11
0.06
1.08
-0.91
0.57
0.88
0.89
0.40
2.06
1.62
1.66
-2.03
1.49
2.01
0.73
1.55
0.98
-4.12
-3.35
2.31
-4.95
-2.70
4.49

0.09
0.86
0.34
1.12
0.48
0.48
0.16
0.77
1.71
-0.51
1.12
1.26
-0.77
0.21
0.21
1.26
0.75
2.01
0.00
0.51
0.38
-0.51
2.00
1.26
1.41
0.56
0.92
0.54
0.65
1.15
0.15
-0.10
0.30
0.69
0.86
0.43
-1.23
1.11
0.79
0.78
1.95
0.98
-0.99
0.89
-1.13
-2.08
0.23
1.53

1.11
-4.13
4.60
2.05
0.76
-0.14
-1.72
2.55
0.13
0.71
-2.97
-3.56
-0.34
0.25
0.57
1.87
-0.44
0.75
-1.02
-0.99
-3.97
-1.07
-0.57
0.55
1.53
-1.40
4.47
0.02
2.50
2.02
2.82
-0.23
-0.50
0.98
1.21
1.46
0.99
0.57
-0.33
0.56
1.14
0.64
0.33
0.94
0.63
0.81
0.96
0.10

-0.08
-2.13
2.63
1.38
1.97
0.58
0.79
0.36
-0.65
1.02
-0.26
0.76
-2.41
-0.02
0.88
0.93
0.44
0.71
-0.37
1.54
0.91
-2.64
-2.23
-0.09
1.29
-0.91
0.26
0.05
-0.31
1.59
0.18
1.63
-2.19
1.93
0.81
2.15
0.07
0.53
0.23
1.31
2.40
-0.16
0.42
0.74
2.13
0.19
0.49
1.36

2.29
2.01
1.14
1.60
0.29
2.66
1.74
-0.73
2.32
1.88
0.54
1.05
-0.08
-0.13
0.29
0.53
1.78
1.66
1.20
1.50
0.15
1.05
1.25
-0.04
0.96
1.05
2.33
2.50
2.48
2.39
0.89
0.99
2.39
0.83
0.27
0.48
1.28
1.99
2.92
-0.73
0.28
-3.03

1.49
0.70
1.04
1.15
2.07
2.37
0.29
-2.07
1.38
0.55
1.08
2.57
-0.92
-0.67
1.15
1.58
2.49
0.71
1.88
2.05
3.33
1.94
0.15
-1.15
1.61
0.81
1.54
1.49
2.76
2.84
2.60
2.16
2.47
1.41
1.44
0.62
1.92
1.98
2.71
-0.24
-0.38
-3.70

2.50
2.48
2.38
0.89
0.84
2.29
0.43
-0.15
1.02
1.44
1.32
2.06
0.81
0.28
-3.01

Total Imports excl

MTIC fraud (a)

GDP(E)
growth at
market
Net trade (a) prices
1.06
0.41
-0.21
0.61
0.39
-0.93
-0.91
0.92
0.52
-0.67
0.69
0.36
1.08
-0.35
-0.99
0.16
-1.32
0.00
0.73
1.30
-0.29
0.56
0.00
0.54
1.32
0.65
0.62
-1.11
1.12
-0.82
-1.29
-1.13
1.01
-0.22
0.53
-0.61
0.80
0.50
0.39
0.95
0.44

4.47
-1.43
1.45
4.28
5.08
1.86
-0.73
5.51
4.36
-2.84
-3.61
-0.71
3.05
5.40
5.29
6.75
-2.50
3.17
1.46
-1.73
4.40
1.97
2.89
1.74
1.45
4.15
1.25
-1.48
6.74
-0.58
4.12
0.34
4.50
1.72
4.98
0.91
0.10
3.30
2.13
8.24
2.19

Check DD
+ Net
trade =
GDP(E)
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0

Check
C+I+G+Ne
t trade =
GDP(E)
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0

-0.68
-1.64
-0.08
-0.80
-0.64
-0.56
0.33
1.23
-0.49
2.41
-0.52
-0.37
0.63
-1.11
0.42
-0.07
1.09
-0.81
0.07
-1.86
-0.44
-1.08
-0.52
0.90
-1.65
-0.17
-0.80
1.18
-2.22
-0.21
0.34
0.89
0.25
1.67
0.48
1.52
-0.90
0.39
1.22
0.32
-0.62
0.13
-2.72
-5.20
3.61
-3.40
-1.75
2.96

-0.60
1.38
6.03
-0.56
0.00
-1.05
5.86
-5.77
12.00
-2.19
0.89
5.61
0.42
-1.60
1.20
3.08
1.02
3.09
1.50
1.80
-0.44
-1.90
7.68
1.92
4.47
-1.80
6.65
6.72
-3.53
7.00
-1.42
-0.99
2.00
3.19
0.14
0.47
-1.98
3.03
1.82
3.72
-0.89
5.81
1.71
9.40
-0.02
-0.04
0.33
-7.47

0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0

0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0

0.48
-2.00
1.97
0.68
-1.21
-0.72
-2.51
2.19
0.78
-0.31
-2.71
-4.31
2.07
0.27
-0.31
0.93
-0.88
0.04
-0.65
-2.53
-4.88
1.57
1.66
0.64
0.24
-0.49
4.20
-0.03
2.81
0.43
2.64
-1.85
1.68
-0.95
0.40
-0.69
0.92
0.03
-0.56
-0.76
-1.26
0.79
-0.09
0.20
-1.49
0.62
0.47
-1.26

-8.55
-9.71
5.31
2.96
4.72
3.52
-3.12
7.69
0.89
2.85
-0.80
-4.64
0.07
3.18
5.97
3.70
4.77
3.50
0.78
4.40
9.92
8.71
1.79
1.72
-4.40
-4.57
-2.46
-1.28
3.22
2.73
3.09
3.21
0.48
4.25
3.65
3.54
1.32
1.84
0.22
3.92
4.50
3.21
0.94
4.39
5.29
2.10
2.14
2.83

0.0
0.0
0.0
0.1
-0.1
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0

0.0
0.0
0.0
0.1
-0.1
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0

1.49
2.76
2.83
2.60
2.01
2.36
1.00
1.02
1.17
2.08
1.32
1.85
1.30
-0.38
-3.68

0.81
1.31
0.11
0.45
-1.78
0.29
1.45
1.34
0.94
1.33
-0.54
-1.51
0.84
0.54
-0.86
-1.05
-0.71
0.95
-0.68
-0.55
-3.18
-0.89
1.10
1.11
-0.65
0.24
0.78
1.01
-0.28
-0.45
-1.71
-1.17
-0.08
-0.58
-1.17
-0.14
-0.65
0.01
0.21
-0.49
0.66
0.67

4.36
1.31
2.43
2.89
2.68
7.96
-0.65
-0.70
3.75
1.23
3.12
2.16
-1.95
-0.76
1.73
3.68
2.38
3.85
3.90
4.56
5.03
2.28
0.78
-1.39
0.15
2.22
4.28
3.05
2.89
3.31
3.61
3.47
3.92
2.46
2.10
2.81
2.95
2.17
2.79
2.68
-0.07
-4.98

0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
-0.1
-0.1
-0.1
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.1
0.0
0.0
0.0

0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
-0.1
-0.1
-0.1
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.1
0.0
0.0
0.0

M0/Notes and coin

M1/M2

Documentation

M0 1870-1969; notes and coin

M1 1921-1982; M2 19821969-2009. Seasonally-adjusted
2009. Break-adjusted stock
break-adjusted stock outstanding at outstanding at end of each
end of each year in mn.
year, mn

Source

Capie and Webber (1985) and Bank

of England/ONS

1688
1689
1690
1691
1692
1693
1694
1695
1696
1697
1698
1699
1700
1701
1702
1703
1704
1705
1706
1707
1708
1709
1710
1711
1712
1713
1714
1715
1716
1717
1718
1719
1720
1721

Capie and Webber (1985) and

Bank of England/ONS

1722
1723
1724
1725
1726
1727
1728
1729
1730
1731
1732
1733
1734
1735
1736
1737
1738
1739
1740
1741
1742
1743
1744
1745
1746
1747
1748
1749
1750
1751
1752
1753
1754
1755
1756
1757
1758
1759
1760
1761
1762
1763
1764
1765
1766

1767
1768
1769
1770
1771
1772
1773
1774
1775
1776
1777
1778
1779
1780
1781
1782
1783
1784
1785
1786
1787
1788
1789
1790
1791
1792
1793
1794
1795
1796
1797
1798
1799
1800
1801
1802
1803
1804
1805
1806
1807
1808
1809
1810
1811

1812
1813
1814
1815
1816
1817
1818
1819
1820
1821
1822
1823
1824
1825
1826
1827
1828
1829
1830
1831
1832
1833
1834
1835
1836
1837
1838
1839
1840
1841
1842
1843
1844
1845
1846
1847
1848
1849
1850
1851
1852
1853
1854
1855
1856

1857
1858
1859
1860
1861
1862
1863
1864
1865
1866
1867
1868
1869
1870
1871
1872
1873
1874
1875
1876
1877
1878
1879
1880
1881
1882
1883
1884
1885
1886
1887
1888
1889
1890
1891
1892
1893
1894
1895
1896
1897
1898
1899
1900
1901

128
137
136
139
137
140
143
137
142
141
133
134
134
132
133
131
130
127
129
129
144
144
147
146
151
171
165
165
164
181
175
181

1902
1903
1904
1905
1906
1907
1908
1909
1910
1911
1912
1913
1914
1915
1916
1917
1918
1919
1920
1921
1922
1923
1924
1925
1926
1927
1928
1929
1930
1931
1932
1933
1934
1935
1936
1937
1938
1939
1940
1941
1942
1943
1944
1945
1946

194
187
181
182
186
190
200
203
200
208
207
236
321
313
366
411
544
643
633
532
508
512
516
509
509
513
519
504
520
510
500
573
572
572
622
655
657
692
758
967
1125
1270
1432
1604
1701

6092
5792
5693
5625
5516
5460
5533
5676
5344
5539
5141
5505
5818
5983
6451
7042
7202
7093
7769
9419
11740
13461
15295
17125
18594
21432

1947
1948
1949
1950
1951
1952
1953
1954
1955
1956
1957
1958
1959
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969
1970
1971
1972
1973
1974
1975
1976
1977
1978
1979
1980
1981
1982
1983
1984
1985
1986
1987
1988
1989
1990
1991

1689
1571
1614
1710
1692
1771
1883
1984
2035
2130
2245
2297
2373
2495
2578
2588
2699
2905
3036
3137
3288
3408
3618
3874
4083
4583
5027
5814
6466
7234
8205
9373
10446
11037
11643
12033
12778
13456
13980
14707
15492
16642
17621
18089
18625

21729
22250
22126
22947
22871
22712
23311
24333
23881
23968
23909
24492
25688
25324
25206
25798
27886
28975
29761
29635
31684
32813
32517
35946
40193
45669
47686
51626
59625
67530
81400
93745
101567
108178
116370
126868
141735
159831
179224
202576
224795
261242
293306
324117
350848

1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009

19323
20364
21608
22814
24376
26004
27557
30812
32238
34846
37067
39882
42199
43526
45794
48495
52069
55615

368756
387383
404744
430847
454866
489736
520899
563342
602797
656094
710272
783115
852546
931709
1005201
1070268
1120253
1186738

M3/M4

Bank Rate

M3 1870-1962, M4 1963-97, M4
excluding intermediate OFCs 19982009. Seasonally-adjusted breakadjusted stock outstanding at end of
each year, mn

Bank Rate 18301972 and 2006

09, Minimum Lending Rate 1972
81, London clearing banks base
rate 198197, repo rate 1997
2006. End year observation.

Capie and Webber (1985) and Bank

of England/ONS

Bank of England and ONS.

6.00
3.00
3.00
3.00
3.00
4.50
4.50
4.50
4.50
4.50
4.50
4.50
4.50
4.50
4.50
4.50
4.50
4.50
4.50
4.50
4.50
4.50
4.00
4.00
4.00
5.00
5.00
5.00

5.00
5.00
5.00
5.00
5.00
5.00
5.00
5.00
5.00
5.00
5.00
5.00
5.00
5.00
5.00
5.00
5.00
5.00
5.00
5.00
5.00
5.00
5.00
5.00
5.00
5.00
5.00
5.00
5.00
5.00
5.00
5.00
5.00
5.00
5.00
5.00
5.00
5.00
5.00
5.00
5.00
5.00
5.00
5.00
5.00

5.00
5.00
5.00
5.00
5.00
5.00
5.00
5.00
5.00
5.00
5.00
5.00
5.00
5.00
5.00
5.00
5.00
5.00
5.00
5.00
5.00
5.00
5.00
5.00
5.00
5.00
5.00
5.00
5.00
5.00
5.00
5.00
5.00
5.00
5.00
5.00
5.00
5.00
5.00
5.00
5.00
5.00
5.00
5.00
5.00

5.00
5.00
5.00
5.00
5.00
5.00
5.00
5.00
5.00
5.00
4.00
4.00
4.00
5.00
5.00
4.00
4.00
4.00
4.00
4.00
4.00
4.00
4.00
4.00
5.00
5.00
4.00
6.00
5.00
5.00
4.00
4.00
2.50
3.50
3.00
5.00
3.00
2.50
3.00
3.00
2.00
5.00
5.00
7.00
6.00

616
679
705
705
728
750
752
711
675
681
678
703
720
716
720
735
738
748
778
802
833
860
868
855
889
946
990
1017
1031
1081
1100
1084

8.00
2.50
2.50
6.00
3.00
3.00
7.00
6.00
7.00
3.50
2.00
3.00
3.00
2.50
3.00
5.00
5.50
6.00
4.00
2.00
4.00
5.00
3.00
3.00
5.00
5.00
3.00
5.00
4.00
5.00
4.00
5.00
6.00
5.00
3.50
3.00
3.00
2.00
2.00
4.00
3.00
4.00
6.00
4.00
4.00

1115
1076
1074
1099
1135
1141
1175
1190
1223
1252
1290
1367
1565
1686
1942
2273
2848
3286
3477
3345
3003
2933
2909
2883
2901
2950
3030
2992
3092
2948
3254
3271
3325
3511
3763
3836
3738
3961
4404
5268
5858
6597
7434
8151
9312

4.00
4.00
3.00
4.00
6.00
7.00
2.50
4.50
4.50
4.00
5.00
5.00
5.00
5.00
6.00
5.00
5.00
6.00
7.00
5.00
3.00
4.00
4.00
5.00
5.00
4.50
4.50
5.00
3.00
6.00
2.00
2.00
2.00
2.00
2.00
2.00
2.00
2.00
2.00
2.00
2.00
2.00
2.00
2.00
2.00

9618
9808
9811
10093
9964
10152
10550
10956
10642
10794
11179
11594
12134
12252
12549
12930
14072
15158
16595
17675
19856
21547
22646
25357
29500
35909
43900
48698
54577
61076
70161
80799
92501
108468
123703
139212
157570
179097
205409
237829
277562
324988
383921
430103
455628

2.00
2.00
2.00
2.00
2.50
4.00
3.50
3.00
4.50
5.50
7.00
4.00
4.00
5.00
6.00
4.50
4.00
7.00
6.00
7.00
8.00
7.00
8.00
7.00
5.00
9.00
13.00
11.50
11.25
14.25
7.00
12.50
17.00
14.00
14.50
10.25
9.00
9.75
11.50
11.00
8.50
13.00
15.00
14.00
10.50

471604
492374
515468
566141
619880
692766
755660
785123
846857
900896
962374
1025111
1099854
1207773
1328904
1469811
1524616
1540983

7.00
5.50
6.25
6.50
6.00
7.25
6.25
5.50
6.00
4.00
4.00
3.75
4.75
4.50
5.00
5.50
2.00
0.50

Long-term government bond yields

Consumer price level

1703-1755, yield implicit in Janssen et al. (2002)'s

market value of government debt, 1756-2009 yield on
Consols. Annual average.

1688-1750, Schumpeter-Gilboy index, 1750-1975 ONS

Composite Consumer price index , 1975-2009 CPI.
Annual average.

Source: Janssen et al (2002), Mitchell (1988).

1688-1750, Schumpeter-Gilboy index from

Mitchell(1988), 1750-1975 from ONS (O'Donoghue et al
(2004)), 1975-2009 CPI (ONS and Bank of England)

6.00
6.00
6.00
6.00
6.00
6.00
6.00
8.30
8.70
8.70
5.90
6.50
5.00
5.00
4.50
4.50
4.00
4.00
5.00

0.86
0.85
0.87
0.88
0.87
0.92
1.01
1.01
1.06
1.06
1.12
1.15
1.00
0.87
0.86
0.82
0.85
0.78
0.88
0.77
0.80
0.93
1.06
1.18
0.88
0.85
0.90
0.91
0.86
0.83
0.81
0.85
0.89
0.87

3.00
3.00
3.00
3.00
3.00
3.57
3.41
3.24
3.30
3.12
3.03
3.09
3.19
3.19
2.86
2.83
2.86
3.06
3.00
3.03
3.00
2.97
3.24
3.53
3.41
3.66
3.41
2.97
3.00
3.03
2.86
2.86
2.91
3.14
3.37
3.39
3.21
3.59
3.77
3.90
4.29
3.37
3.61
3.41
3.39

0.80
0.78
0.82
0.85
0.89
0.84
0.86
0.91
0.83
0.77
0.78
0.74
0.77
0.78
0.76
0.81
0.79
0.78
0.87
0.94
0.86
0.82
0.73
0.74
0.81
0.79
0.82
0.84
0.83
0.81
0.84
0.82
0.86
0.81
0.85
1.03
1.03
0.95
0.90
0.86
0.90
0.92
1.00
1.04
1.05

3.37
3.31
3.47
3.64
3.55
3.30
3.47
3.43
3.39
3.51
3.85
4.51
4.88
4.88
5.22
5.26
4.76
5.41
4.76
4.06
4.08
4.06
3.92
3.90
3.58
3.33
3.96
4.40
4.52
4.80
5.90
5.94
5.07
4.71
4.92
4.23
4.99
5.30
5.04
4.87
4.92
4.55
4.49
4.47
4.67

1.11
1.10
1.01
1.00
1.09
1.21
1.20
1.21
1.15
1.12
1.12
1.16
1.06
1.03
1.07
1.09
1.22
1.23
1.18
1.18
1.17
1.22
1.20
1.22
1.22
1.24
1.28
1.38
1.53
1.63
1.47
1.44
1.61
2.20
2.46
1.90
1.78
1.84
2.14
2.04
2.01
2.07
2.27
2.35
2.28

5.08
4.92
4.92
4.48
5.02
4.10
3.87
4.17
4.42
4.07
3.79
3.80
3.30
3.54
3.79
3.61
3.54
3.34
3.49
3.76
3.58
3.42
3.32
3.29
3.35
3.30
3.23
3.28
3.35
3.38
3.27
3.17
3.03
3.12
3.13
3.44
3.51
3.24
3.11
3.09
3.02
3.07
3.27
3.31
3.22

2.58
2.64
2.31
2.06
1.89
2.14
2.15
2.10
1.90
1.67
1.45
1.55
1.68
1.97
1.86
1.74
1.69
1.67
1.61
1.77
1.64
1.54
1.42
1.45
1.60
1.65
1.66
1.78
1.81
1.77
1.63
1.45
1.45
1.52
1.58
1.77
1.55
1.46
1.36
1.32
1.32
1.45
1.66
1.72
1.72

3.27
3.10
3.15
3.19
3.28
3.23
3.24
3.33
3.35
3.41
3.23
3.20
3.23
3.24
3.23
3.24
3.24
3.24
3.20
3.16
3.15
3.15
3.17
3.10
2.90
2.94
2.83
2.72
2.85
2.81
2.72
2.62
2.63
2.67
2.68
2.65
2.60
2.55
2.29
2.06
1.96
2.00
2.18
2.53
2.67

1.62
1.49
1.46
1.51
1.55
1.51
1.46
1.45
1.46
1.55
1.65
1.62
1.54
1.54
1.56
1.63
1.69
1.63
1.60
1.59
1.58
1.55
1.48
1.52
1.51
1.52
1.52
1.47
1.43
1.41
1.40
1.41
1.43
1.43
1.44
1.45
1.44
1.41
1.40
1.39
1.41
1.42
1.43
1.50
1.51

2.66
2.75
2.83
2.78
2.83
2.97
2.90
2.98
3.08
3.15
3.28
3.39
3.46
3.82
4.31
4.58
4.40
4.62
5.32
5.21
4.43
4.31
4.39
4.43
4.55
4.56
4.47
4.60
4.46
4.53
3.76
3.38
3.08
2.89
2.94
3.28
3.38
3.72
3.40
3.13
3.03
3.10
3.14
2.92
2.60

1.51
1.51
1.51
1.52
1.52
1.53
1.54
1.55
1.56
1.56
1.61
1.60
1.60
1.80
2.13
2.66
3.25
3.58
4.13
3.77
3.24
3.05
3.03
3.04
3.01
2.94
2.93
2.90
2.82
2.70
2.63
2.58
2.58
2.59
2.61
2.70
2.74
2.82
3.30
3.65
3.91
4.04
4.15
4.27
4.40

2.76
3.21
3.30
3.55
3.79
4.23
4.08
3.76
4.17
4.74
4.98
4.98
4.82
5.40
6.20
5.98
5.59
6.06
6.43
6.82
6.73
7.46
8.94
9.23
9.04
9.20
10.91
15.17
14.60
14.23
12.19
12.03
11.35
11.93
13.01
11.74
10.25
10.17
10.09
9.46
9.32
9.12
9.26
10.88
9.99

4.71
5.07
5.21
5.38
5.86
6.40
6.60
6.72
7.02
7.37
7.64
7.87
7.92
8.00
8.27
8.62
8.80
9.09
9.52
9.89
10.14
10.62
11.19
11.91
13.03
13.95
15.24
17.67
21.95
25.58
29.64
32.09
36.03
41.90
46.68
50.44
52.85
55.01
57.60
59.25
61.07
63.48
66.81
71.46
76.85

9.16
7.69
8.18
8.24
8.03
7.13
5.53
4.85
4.91
5.05
5.05
4.88
4.77
4.44
4.24
4.63
4.59
4.55

80.12
82.13
83.76
85.98
88.12
89.68
91.11
92.33
93.05
94.20
95.38
96.68
97.98
99.99
102.32
104.70
108.48
110.83

Implied consumption
deflator

Implied investment
deflator

Implied government
consumption deflator

2006 = 1, based on composite value 2006 = 1, based on composite

and volume measures
value and volume measures

2006 = 1, based on composite

value and volume measures

See GDP(E) component sheets

See GDP(E) component sheets

See GDP(E) component sheets

0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01

0.02
0.02
0.02
0.02
0.01
0.02
0.02
0.02
0.02
0.02
0.02
0.02
0.02
0.01
0.02
0.02
0.02
0.02
0.02
0.01
0.01
0.01
0.01
0.02
0.02
0.02
0.02

0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.00
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.00

0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.02
0.01
0.01
0.01
0.01
0.01
0.01
0.02
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01

0.02
0.02
0.01
0.02
0.01
0.01
0.02
0.02
0.02
0.02
0.02
0.02
0.02
0.02
0.02
0.02
0.02
0.02
0.02
0.02
0.02
0.02
0.02
0.02
0.02
0.02
0.02
0.02
0.01
0.01
0.01
0.01
0.01
0.02
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.02
0.02
0.02

0.01
0.00
0.00
0.00
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01

0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.02
0.02
0.02
0.03
0.03
0.04
0.03
0.03
0.03
0.03
0.03
0.03
0.03
0.03
0.03
0.03
0.02
0.02
0.02
0.02
0.02
0.02
0.02
0.02
0.03
0.03
0.03
0.04
0.04
0.04
0.04
0.04

0.02
0.02
0.02
0.01
0.02
0.02
0.02
0.02
0.02
0.02
0.02
0.02
0.02
0.02
0.02
0.03
0.03
0.04
0.04
0.03
0.03
0.03
0.03
0.03
0.02
0.02
0.02
0.02
0.02
0.02
0.02
0.02
0.02
0.02
0.02
0.02
0.02
0.03
0.03
0.03
0.03
0.04
0.04
0.05
0.05

0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.02
0.02
0.02
0.02

0.04
0.05
0.05
0.05
0.05
0.06
0.06
0.06
0.06
0.06
0.07
0.07
0.07
0.07
0.07
0.07
0.07
0.08
0.08
0.08
0.09
0.09
0.10
0.10
0.11
0.12
0.13
0.15
0.18
0.21
0.25
0.27
0.31
0.36
0.39
0.43
0.45
0.47
0.50
0.52
0.54
0.57
0.60
0.65
0.70

0.05
0.06
0.06
0.06
0.07
0.08
0.08
0.08
0.08
0.08
0.08
0.08
0.08
0.08
0.09
0.09
0.09
0.09
0.10
0.10
0.10
0.10
0.11
0.12
0.13
0.14
0.16
0.20
0.25
0.28
0.32
0.35
0.41
0.48
0.53
0.55
0.57
0.59
0.62
0.65
0.69
0.73
0.80
0.84
0.84

0.02
0.02
0.02
0.02
0.02
0.03
0.03
0.03
0.03
0.03
0.03
0.03
0.03
0.04
0.04
0.04
0.04
0.04
0.04
0.05
0.05
0.05
0.05
0.06
0.07
0.07
0.08
0.10
0.13
0.15
0.16
0.18
0.21
0.26
0.29
0.31
0.33
0.35
0.37
0.39
0.42
0.45
0.49
0.53
0.56

0.73
0.76
0.77
0.80
0.82
0.84
0.86
0.88
0.89
0.90
0.92
0.93
0.95
0.97
1.00
1.03
1.06
1.07

0.82
0.82
0.84
0.89
0.91
0.90
0.89
0.90
0.91
0.91
0.92
0.94
0.96
0.98
1.00
1.02
1.03
1.03

0.59
0.61
0.62
0.63
0.65
0.67
0.68
0.72
0.74
0.78
0.82
0.87
0.91
0.95
1.00
1.03
1.07
1.10

Implied domestic
demand deflator

Implied GDP deflator at Implied Export

market prices
Deflator

2006 = 1, based on composite

value and volume measures

2006 = 1, based on composite value 2006 = 1, based on

and volume measures
composite value and
volume measures

See GDP(E) component sheets

See GDP(E) component sheets

See Trade data sheet

0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01

0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01

0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01

0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01

0.03
0.03
0.03
0.03
0.03
0.03
0.03
0.03
0.03
0.02
0.03
0.02
0.02
0.02
0.02
0.02
0.02
0.02
0.02
0.02
0.02
0.02
0.02
0.02
0.02
0.02
0.02
0.02
0.02
0.02
0.02
0.02

0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.02
0.02
0.02
0.03
0.03
0.03
0.02
0.02
0.02
0.02
0.02
0.02
0.02
0.02
0.02
0.02
0.02
0.02
0.02
0.02
0.02
0.02
0.02
0.02
0.02
0.03
0.03
0.03
0.03
0.03
0.03

0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.02
0.02
0.02
0.03
0.03
0.03
0.02
0.02
0.02
0.02
0.02
0.02
0.02
0.02
0.02
0.02
0.02
0.02
0.02
0.02
0.02
0.02
0.02
0.02
0.02
0.03
0.03
0.03
0.03
0.03
0.03

0.02
0.02
0.02
0.02
0.02
0.02
0.02
0.02
0.02
0.02
0.02
0.02
0.02
0.03
0.04
0.06
0.06
0.07
0.09
0.06
0.04
0.04
0.04
0.04
0.04
0.04
0.04
0.04
0.03
0.03
0.03
0.03
0.03
0.03
0.03
0.03
0.03
0.03
0.04
0.05
0.05
0.06
0.06
0.06
0.07

0.04
0.04
0.04
0.04
0.05
0.05
0.05
0.05
0.05
0.06
0.06
0.06
0.06
0.06
0.06
0.07
0.07
0.07
0.07
0.08
0.08
0.08
0.09
0.09
0.10
0.11
0.12
0.15
0.18
0.21
0.24
0.26
0.30
0.35
0.39
0.42
0.44
0.46
0.49
0.51
0.54
0.57
0.61
0.65
0.69

0.04
0.04
0.04
0.04
0.04
0.05
0.05
0.05
0.05
0.06
0.06
0.06
0.06
0.06
0.06
0.07
0.07
0.07
0.07
0.08
0.08
0.08
0.09
0.09
0.10
0.11
0.12
0.14
0.17
0.20
0.23
0.25
0.29
0.34
0.38
0.41
0.43
0.45
0.48
0.50
0.52
0.55
0.60
0.64
0.68

0.08
0.08
0.08
0.09
0.11
0.12
0.11
0.11
0.11
0.11
0.12
0.12
0.12
0.12
0.12
0.12
0.12
0.12
0.13
0.13
0.13
0.15
0.15
0.16
0.17
0.18
0.20
0.25
0.30
0.36
0.41
0.44
0.49
0.56
0.61
0.65
0.71
0.76
0.80
0.74
0.76
0.76
0.82
0.86
0.87

0.72
0.74
0.75
0.78
0.80
0.82
0.83
0.85
0.86
0.88
0.90
0.92
0.94
0.97
1.00
1.03
1.06
1.08

0.71
0.73
0.74
0.76
0.79
0.81
0.83
0.84
0.85
0.87
0.90
0.93
0.95
0.97
1.00
1.03
1.06
1.08

0.88
0.96
0.97
1.00
1.02
0.98
0.93
0.93
0.95
0.94
0.95
0.97
0.96
0.97
1.00
1.01
1.14
1.17

Implied Import
deflator
2006 = 1, based on
composite value and volume
measures

See Trade data sheet

0.04
0.04
0.04
0.04
0.04
0.04
0.04
0.04
0.04
0.03
0.04
0.04
0.04
0.04
0.03
0.03
0.03
0.03
0.03
0.03
0.03
0.03
0.03
0.03
0.03
0.03
0.03
0.03
0.03
0.03
0.03
0.03

0.03
0.03
0.03
0.03
0.03
0.03
0.03
0.03
0.03
0.03
0.03
0.03
0.03
0.04
0.05
0.06
0.07
0.07
0.09
0.06
0.05
0.05
0.05
0.05
0.04
0.04
0.04
0.04
0.04
0.03
0.03
0.03
0.03
0.03
0.03
0.03
0.03
0.03
0.04
0.05
0.05
0.06
0.06
0.06
0.07

0.08
0.09
0.09
0.10
0.14
0.14
0.12
0.12
0.13
0.13
0.13
0.12
0.12
0.12
0.12
0.12
0.13
0.13
0.13
0.14
0.14
0.15
0.16
0.17
0.17
0.18
0.22
0.31
0.35
0.43
0.49
0.50
0.55
0.60
0.65
0.70
0.75
0.81
0.85
0.81
0.83
0.82
0.88
0.91
0.91

0.91
0.99
1.02
1.08
1.08
1.00
0.94
0.93
0.96
0.96
0.94
0.94
0.94
0.97
1.00
1.00
1.12
1.16

Calendar year series

Description

Public Sector Total

Public Sector Total
Managed Expenditure. Receips. Calendar
Calendar year total
year total mn
mn

Public Sector Net

Lending(+)/Borrowing(
-). Calendar year total
in mn

Sources

Source:
Middleton(1996) and
ONS (series code
EBFT)

Source:
Middleton(1996) and
ONS (series code
ANBT-EBFT)

1688
1689
1690
1691
1692
1693
1694
1695
1696
1697
1698
1699
1700
1701
1702
1703
1704
1705
1706
1707
1708
1709
1710
1711
1712
1713
1714
1715
1716
1717
1718
1719
1720
1721
1722
1723
1724
1725
1726
1727
1728

1688/89
1689/90
1690/91
1691/92
1692/93
1693/94
1694/95
1695/96
1696/97
1697/98
1698/99
1699/00
1700/01
1701/02
1702/03
1703/04
1704/05
1705/06
1706/07
1707/08
1708/09
1709/10
1710/11
1711/12
1712/13
1713/14
1714/15
1715/16
1716/17
1717/18
1718/19
1719/20
1720/21
1721/22
1722/23
1723/24
1724/25
1725/26
1726/27
1727/28
1728/29

Source:
Middleton(1996) and
ONS (series code
ANBT)

1729
1730
1731
1732
1733
1734
1735
1736
1737
1738
1739
1740
1741
1742
1743
1744
1745
1746
1747
1748
1749
1750
1751
1752
1753
1754
1755
1756
1757
1758
1759
1760
1761
1762
1763
1764
1765
1766
1767
1768
1769
1770
1771
1772
1773
1774
1775
1776

1729/30
1730/31
1731/32
1732/33
1733/34
1734/35
1735/36
1736/37
1737/38
1738/39
1739/40
1740/41
1741/42
1742/43
1743/44
1744/45
1745/46
1746/47
1747/48
1748/49
1749/50
1750/51
1751/52
1752/53
1753/54
1754/55
1755/56
1756/57
1757/58
1758/59
1759/60
1760/61
1761/62
1762/63
1763/64
1764/65
1765/66
1766/67
1767/68
1768/69
1769/70
1770/71
1771/72
1772/73
1773/74
1774/75
1775/76
1776/77

1777
1778
1779
1780
1781
1782
1783
1784
1785
1786
1787
1788
1789
1790
1791
1792
1793
1794
1795
1796
1797
1798
1799
1800
1801
1802
1803
1804
1805
1806
1807
1808
1809
1810
1811
1812
1813
1814
1815
1816
1817
1818
1819
1820
1821
1822
1823
1824

1777/78
1778/79
1779/80
1780/81
1781/82
1782/83
1783/84
1784/85
1785/86
1786/87
1787/88
1788/89
1789/90
1790/91
1791/92
1792/93
1793/94
1794/95
1795/96
1796/97
1797/98
1798/99
1799/00
1800/01
1801/02
1802/03
1803/04
1804/05
1805/06
1806/07
1807/08
1808/09
1809/10
1810/11
1811/12
1812/13
1813/14
1814/15
1815/16
1816/17
1817/18
1818/19
1819/20
1820/21
1821/22
1822/23
1823/24
1824/25

1825
1826
1827
1828
1829
1830
1831
1832
1833
1834
1835
1836
1837
1838
1839
1840
1841
1842
1843
1844
1845
1846
1847
1848
1849
1850
1851
1852
1853
1854
1855
1856
1857
1858
1859
1860
1861
1862
1863
1864
1865
1866
1867
1868
1869
1870
1871
1872

1825/26
1826/27
1827/28
1828/29
1829/30
1830/31
1831/32
1832/33
1833/34
1834/35
1835/36
1836/37
1837/38
1838/39
1839/40
1840/41
1841/42
1842/43
1843/44
1844/45
1845/46
1846/47
1847/48
1848/49
1849/50
1850/51
1851/52
1852/53
1853/54
1854/55
1855/56
1856/57
1857/58
1858/59
1859/60
1860/61
1861/62
1862/63
1863/64
1864/65
1865/66
1866/67
1867/68
1868/69
1869/70
1870/71
1871/72
1872/73

1873
1874
1875
1876
1877
1878
1879
1880
1881
1882
1883
1884
1885
1886
1887
1888
1889
1890
1891
1892
1893
1894
1895
1896
1897
1898
1899
1900
1901
1902
1903
1904
1905
1906
1907
1908
1909
1910
1911
1912
1913
1914
1915
1916
1917
1918
1919
1920

1873/74
1874/75
1875/76
1876/77
1877/78
1878/79
1879/80
1880/81
1881/82
1882/83
1883/84
1884/85
1885/86
1886/87
1887/88
1888/89
1889/90
1890/91
1891/92
1892/93
1893/94
1894/95
1895/96
1896/97
1897/98
1898/99
1899/00
1900/01
1901/02
1902/03
1903/04
1904/05
1905/06
1906/07
1907/08
1908/09
1909/10
1910/11
1911/12
1912/13
1913/14
1914/15
1915/16
1916/17
1917/18
1918/19
1919/20
1920/21

260
290
286
257
247
243
239
236
238
252
262
269
283
300
434
1173
1515
1962
2287
1591
1229

189
207
226
229
229
233
237
242
239
244
268
276
297
311
319
401
586
819
999
1180
1250

-71.0
-83.0
-60.0
-28.0
-18.0
-10.0
-2.0
6.0
1.0
-8.0
6.0
7.0
14.0
11.0
-115.0
-772.0
-929.0
-1143.0
-1288.0
-411.0
21.0

1921
1922
1923
1924
1925
1926
1927
1928
1929
1930
1931
1932
1933
1934
1935
1936
1937
1938
1939
1940
1941
1942
1943
1944
1945
1946
1947
1948
1949
1950
1951
1952
1953
1954
1955
1956
1957
1958
1959
1960
1961
1962
1963
1964
1965
1966
1967
1968

1921/22
1922/23
1923/24
1924/25
1925/26
1926/27
1927/28
1928/29
1929/30
1930/31
1931/32
1932/33
1933/34
1934/35
1935/36
1936/37
1937/38
1938/39
1939/40
1940/41
1941/42
1942/43
1943/44
1944/45
1945/46
1946/47
1947/48
1948/49
1949/50
1950/51
1951/52
1952/53
1953/54
1954/55
1955/56
1956/57
1957/58
1958/59
1959/60
1960/61
1961/62
1962/63
1963/64
1964/65
1965/66
1966/67
1967/68
1968/69

1324
1172
1048
1041
1096
1155
1132
1134
1159
1197
1228
1195
1128
1132
1196
1260
1377
1566
1976
3751
4971
5557
6052
6205
5563
4477
4036
4430
4765
4880
5781
6434
6863
6950
7024
7650
7968
8455
8997
9534
10398
11073
11611
12663
14134
15396
17636
19207

1253
1174
1090
1028
1048
1057
1105
1128
1127
1131
1130
1172
1147
1155
1181
1224
1298
1362
1483
1901
2677
3160
3667
3863
3827
3854
3939
4910
5347
5479
5875
6160
6331
6673
7080
7477
7920
8482
8486
8864
9690
10578
10999
11932
13392
14645
16276
18400

-71.0
2.0
42.0
-13.0
-48.0
-98.0
-27.0
-6.0
-32.0
-66.0
-98.0
-23.0
19.0
23.0
-15.0
-36.0
-79.0
-204.0
-493.0
-1850.0
-2294.0
-2397.0
-2385.0
-2342.0
-1736.0
-623.0
-97.0
480.0
582.0
599
94
-274
-532
-277
56
-173
-48
27
-511
-670
-708
-495
-612
-731
-742
-751
-1360
-807

1969
1970
1971
1972
1973
1974
1975
1976
1977
1978
1979
1980
1981
1982
1983
1984
1985
1986
1987
1988
1989
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010

1969/70
1970/71
1971/72
1972/73
1973/74
1974/75
1975/76
1976/77
1977/78
1978/79
1979/80
1980/81
1981/82
1982/83
1983/84
1984/85
1985/86
1986/87
1987/88
1988/89
1989/90
1990/91
1991/92
1992/93
1993/94
1994/95
1995/96
1996/97
1997/98
1998/99
1999/00
2000/01
2001/02
2002/03
2003/04
2004/05
2005/06
2006/07
2007/08
2008/09
2009/10

20025
21957
24430
27279
31646
40496
52961
62289
67258
76393
88219
108180
122289
134251
147230
156646
165892
171433
179629
188720
204796
224242
245887
269853
282851
296370
309663
313542
321490
330896
340125
357488
380461
411781
450863
482263
515511
543822
572950
609110
654396

20583
22712
24175
25786
28684
35857
45561
54143
61325
68034
78855
98139
113464
126892
136648
144509
155626
162813
174718
192663
208971
220409
227998
229808
232171
250605
271272
284518
305285
331656
351600
374830
390426
393672
414073
444065
475624
512648
537696
549687
514202

558
755
-255
-1493
-2962
-4639
-7400
-8146
-5933
-8359
-9364
-10041
-8825
-7359
-10582
-12137
-10266
-8620
-4911
3943
4175
-3833
-17889
-40045
-50680
-45765
-38391
-29024
-16205
760
11475
17342
9965
-18109
-36790
-38198
-39887
-31174
-35254
-59423
-140194

Financial year series

Public Sector Primary
Surplus(+)/Deficit(-).
Calendar year total in mn

Central Government Surplus

(Exchequer/Consolidated Fund
Surplus). Financial year total in
mn

Source: Middleton(1996)
Source: Mitchell (1988) and ONS
and ONS (series code ANBT- (series code ACAP)
EBFT+ANLO)

0.0
-1.0
-1.0
-1.0
-0.1
-1.8
-1.6
-2.1
-3.2
-4.6
0.5
0.5
1.1
0.3
-0.1
0.2
-0.1
-0.6
-1.4
-3.3
-2.5
-4.0
-4.5
-10.0
-2.1
-0.6
-0.8
-0.7
-1.5
0.6
-0.3
-0.1
0.3
0.1
-0.8
0.3
0.3
0.4
0.0
0.2
0.2

Central Government Primary Surplus

(Primary Surplus of
Exchequer/Consolidated Fund).
Financial year total in mn

Source: Mitchell (1988) and ONS

(series code ACAP+ ACAK)

0.0
-0.9
-0.9
-0.9
0.1
-1.6
-1.2
-1.5
-2.5
-3.6
2.0
2.0
2.4
1.5
1.1
1.2
0.9
0.4
-0.3
-1.5
-0.9
-2.0
-2.7
-8.2
0.3
2.3
2.2
2.6
1.5
4.0
2.5
2.6
3.1
3.4
2.2
3.2
3.2
3.2
2.7
3.0
2.5

0.6
0.7
0.7
0.8
0.9
-0.9
-0.2
0.0
0.9
1.0
0.6
-0.4
-1.1
-2.1
-2.4
-2.8
-2.5
-3.6
-4.5
-4.7
-5.1
0.3
0.7
0.0
1.4
0.8
-0.2
-2.6
-3.2
-5.3
-7.2
-8.8
-11.5
-10.6
-7.9
-0.5
-1.1
0.0
0.2
1.0
1.6
0.8
0.9
0.3
0.5
1.0
0.7
-3.5

2.9
3.0
2.8
3.0
3.0
1.2
2.0
2.1
3.0
3.1
2.7
1.7
0.9
-0.1
-0.3
-0.6
-0.2
-1.3
-1.8
-1.9
-2.1
3.5
3.7
2.9
4.2
3.6
2.5
0.2
-0.4
-2.4
-4.3
-5.4
-7.7
-6.2
-3.2
4.4
3.7
4.7
5.2
5.9
6.4
5.6
5.5
5.0
5.1
5.6
5.4
1.1

-4.2
-6.5
-7.9
-10.1
-12.5
-15.5
-10.8
-11.0
-10.3
-1.7
1.0
0.4
0.7
0.2
0.5
1.7
-1.5
-10.0
-19.9
-23.0
-36.3
-20.5
-15.6
-19.4
-26.4
-13.6
-10.6
-12.6
-16.4
-12.8
-8.5
-9.8
-12.3
-8.6
-16.3
-24.5
-36.4
-35.0
-20.4
-2.1
-1.1
1.9
0.6
1.5
3.2
3.4
4.2
4.2

0.5
-1.5
-2.3
-4.1
-5.6
-8.1
-2.7
-2.3
-1.1
7.8
10.3
9.8
10.1
9.6
9.9
11.0
7.6
-0.2
-9.4
-11.4
-22.7
-4.5
1.3
-2.7
-6.5
6.8
10.1
8.1
5.9
10.4
15.3
13.3
11.9
15.8
8.3
1.9
-9.1
-5.0
11.8
30.8
30.4
33.2
31.7
33.5
35.1
34.8
34.2
34.4

3.6
-0.9
-1.2
3.0
1.6
2.6
-0.9
0.5
1.4
1.5
-15.2
-1.4
-0.7
-0.4
-1.6
-1.6
-2.1
-4.0
1.3
3.4
3.8
2.8
-3.0
-1.2
1.6
2.4
2.3
2.0
2.7
-6.7
-23.4
-3.9
-1.3
-0.5
0.5
-3.2
-3.3
-1.5
0.6
1.6
-0.4
0.6
-4.0
-4.7
6.6
0.4
3.2
5.9

32.8
28.3
28.2
32.3
30.7
31.8
27.4
28.8
29.9
30.0
13.4
28.0
28.9
29.0
28.0
27.9
27.6
25.6
30.7
34.0
32.4
31.1
25.4
27.5
30.1
30.7
30.5
30.1
30.8
21.3
4.8
24.9
27.4
28.2
29.2
23.1
23.0
24.7
26.8
28.0
25.8
26.7
22.6
21.9
33.7
27.2
30.0
32.7

-39.0
-50.0
-24.0
11.0
21.0
30.0
38.0
45.0
40.0
32.0
46.0
48.0
55.0
54.0
-71.0
-699.0
-801.0
-955.0
-1019.0
-79.0
364.0

0.9
0.6
0.8
1.1
-1.9
-1.6
-8.2
1.3
0.7
0.3
0.8
-0.5
-2.6
0.8
3.1
3.4
4.0
3.1
2.6
1.9
-0.1
0.9
4.3
2.6
3.8
0.2
-13.8
-53.1
-52.5
-32.9
-4.0
3.7
6.9
11.3
13.1
6.8
-25.2
36.0
11.0
4.8
5.9
-332.8
-1222.4
-1624.7
-1989.0
-1690.3
-326.2
237.9

27.6
27.7
28.0
28.5
25.7
26.4
19.9
30.5
30.1
29.8
29.9
28.5
20.9
28.8
28.6
28.5
28.5
27.0
26.3
25.4
23.3
24.2
27.1
26.2
27.4
23.8
9.4
-33.3
-30.8
-5.7
21.5
28.5
31.5
33.8
34.2
28.3
-4.4
56.4
31.1
24.7
25.2
-311.1
-1162.2
-1497.4
-1799.1
-1420.3
5.8
580.2

262.0
342.0
391.0
336.0
300.0
268.0
318.0
351.0
331.0
288.0
236.0
310.0
316.0
305.0
268.0
243.0
206.0
87.0
-198.0
-1544.0
-1967.0
-2024.0
-1966.0
-1879.0
-1231.0
-77.0
418.0
1084.0
1214.0
1234
790
493
276
545
959
754
900
1077
561
513
572
788
751
704
796
882
427
1187

54.8
101.5
88.4
48.6
36.0
23.3
69.2
75.9
33.3
43.6
32.9
-6.0
38.9
19.9
15.4
7.5
39.4
0.5
-268.8
-2458.4
-2701.7
-2803.3
-2749.8
-2819.7
-2190.3
-569.2
657.7
853.8
567.4
740
407
123
129
469
434
327
461
415
425
187
450
394
115
462
689
738
356
1748

378.0
425.5
395.7
360.8
344.2
341.9
383.0
387.4
340.6
336.8
322.4
276.2
255.2
231.6
226.9
218.4
255.6
219.2
-40.2
-2224.8
-2423.7
-2471.7
-2364.7
-2384.8
-1715.4
-67.3
1169.1
1350.9
1067.1
1255
969
764
796
1143
1191
1184
1293
1284
1284
1121
1486
1375
1160
1528
1852
1976
1025
2300

2701
2992
2085
1020
47
-610
-2613
-1983
1230
-384
132
1526
5013
7785
5155
5083
8477
10300
14695
23893
25026
16887
632
-21356
-30793
-22960
-12345
-1556
12970
30733
37427
43504
33548
3307
-14247
-14276
-13228
-2893
-2995
-25617
-112668

2445
1757
1383
-511
-1739
-3233
-6630
-5594
-5216
-8381
-6676
-9957
-8049
-7200
-9086
-7370
-3995
-5325
2275
5591
3428
-1658
-12715
-35213
-56494
-41817
-39889
-28983
-2386
6083
7916
33805
-10193
-25262
-42223
-37914
-46200
-30551
-49028

2958
2082
1717
33
-1062
-2657
-5666
-4461
-2996
-5159
-2533
-4913
-1527
-1808
-2601
151
3573
3644
12007
16419
14772
8366
-3772
-24537
-43035
-25777
-21465
-8297
19221
27404
26452
50433
5132
-10579
-27722
-20948
-27877
-10656
-29638

Nominal or par value of National Market value of Central

Debt from 1688/89 to 1974/5.
Government Debt from 1701/2.
Public Sector Net Debt 1974/5 to Market value at end financial
2009/10. Stock outstanding at
year in mn.
end financial year in mn
Source: Mitchell (1988) and ONS Source: Janssen et al (2002)
(series code BKQK)

0.7
1.3
1.9
2.6
3.3
5.9
6.1
8.4
10.6
16.7
17.3
15.4
14.2
14.1
14.1
13.6
13.4
13.0
13.0
14.5
15.2
19.1
21.4
22.4
34.9
34.7
36.2
37.4
37.9
39.3
39.7
41.6
54.0
54.9
52.7
53.6
53.8
52.7
52.9
53.0
52.7

7.1
6.8
6.7
6.5
6.5
7.3
7.6
6.9
7.4
7.7
17.7
16.0
21.7
22.4
25.3
26.2
29.8
31.2
32.4
54.9
52.7
53.6
53.8
52.7
44.5
46.7
48.8
47.4

52.1
51.4
51.7
50.1
50.0
49.1
49.3
49.7
48.5
47.5
46.9
47.4
48.8
51.3
53.5
57.1
60.1
64.9
69.4
76.1
77.8
78.0
78.1
76.9
75.0
72.2
72.5
74.6
77.8
82.1
91.3
101.7
114.2
126.6
132.6
134.2
133.6
133.3
133.9
132.6
130.3
130.6
128.9
128.7
128.9
127.7
127.3
131.2

49.4
51.2
48.6
47.0
46.2
51.7
52.7
50.9
46.6
46.9
46.9
48.8
51.8
49.5
48.5
52.9
53.2
61.1
76.9
77.8
77.2
81.9
80.7
77.3
69.0
64.5
66.0
72.7
68.6
72.7
78.2
79.9
112.7
110.2
118.1
118.2
118.7
121.4
114.6
107.4
110.4
117.2
111.3
112.7
113.0
108.8
102.2
90.9

136.6
143.1
153.4
167.2
190.4
214.3
231.8
242.9
245.5
246.2
245.1
244.3
244.0
243.2
241.6
242.9
249.6
267.4
310.4
359.2
391.2
426.6
430.0
456.1
498.6
516.4
523.8
539.6
564.4
583.1
591.3
599.0
607.4
609.6
626.0
652.3
725.5
744.9
778.3
766.1
843.3
843.3
840.1
838.3
831.1
836.1
828.6
820.2

88.0
94.3
96.1
108.6
135.1
128.5
153.1
181.4
181.0
181.6
187.6
187.9
204.5
219.1
183.0
165.6
165.7
167.1
157.8
181.4
231.5
271.7
262.2
323.5
299.8
292.3
311.8
332.4
344.1
384.5
395.1
402.0
390.2
360.0
381.7
397.7
485.8
445.2
598.3
624.7
635.6
599.9
649.5
698.5
693.4
805.9
747.5
694.0

811.0
810.0
806.4
801.3
798.2
786.2
784.2
783.0
781.3
774.9
846.1
845.5
841.9
840.4
839.0
838.8
840.8
838.7
838.3
833.8
829.8
826.1
831.6
831.4
828.9
823.7
818.0
813.5
803.6
806.7
833.7
836.8
831.2
828.7
822.8
822.0
821.3
821.5
817.2
812.7
803.4
800.9
797.8
797.8
793.1
787.3
784.2
777.5

721.6
735.7
777.2
740.1
685.1
710.3
742.6
764.8
771.1
752.4
776.8
792.9
777.8
759.8
752.4
777.8
804.5
839.8
815.2
806.8
729.9
711.8
776.0
807.9
810.3
823.1
803.7
749.4
731.2
750.0
765.1
809.0
790.5
777.7
751.8
762.5
763.0
743.2
735.2
717.9
749.5
754.7
748.6
745.4
744.0
737.0
734.3
726.9

771.2
767.3
769.4
768.7
770.9
771.8
770.6
765.2
759.9
753.9
745.6
739.9
742.0
736.2
704.6
697.6
689.1
683.5
677.1
671.1
667.3
659.0
652.3
645.2
638.8
635.4
638.9
703.9
765.2
798.3
794.5
796.7
789.0
779.2
762.3
754.1
762.5
733.1
718.4
711.3
706.2
1162.0
2189.8
4063.6
5921.1
7481.1
7875.6
7623.1

730.3
735.8
740.0
733.3
730.6
748.1
798.6
781.6
806.7
831.6
785.3
790.0
818.4
842.7
805.3
653.6
643.7
645.3
651.9
657.8
727.1
797.3
826.5
801.3
727.1
620.6
667.0
719.7
778.6
777.3
787.3
810.2
781.2
741.3
754.4
745.8
740.0
702.7
683.9
659.1
641.5
1001.5
2102.8
3884.3
5784.1
7223.7
7145.8
7309.8

7720.5
7812.6
7707.5
7665.9
7633.7
7652.7
7631.0
7620.9
7596.2
7582.9
7648.0
7859.7
8030.4
7902.4
7901.6
7909.9
8149.0
8301.1
9083.2
11552.7
14226.3
17006.1
19742.9
22541.3
23773.9
25770.6
25772.7
25331.8
25899.8
25922
25891
26051
26583
26934
27039
27088
27232
27376
27733
28252
28674
29848
30226
30441
31341
31986
34194
33984

7734.3
7729.8
7695.8
7566.2
7555.5
7645.8
7704.5
7519.9
7821.6
7383.1
8338.9
8618.9
9260.2
8983.3
9050.8
8634.4
8678.7
8655.2
10040.0
12298.1
15202.9
17914.8
20693.9
23514.8
25450.0
26172.5
27406.4
26696.6
25605.6
24515
23423
24035
25200
24885
23379
23489
23094
23951
23845
23938
24337
26326
26456
25995
26790
28000
29355
27842

33079
33442
35840
36885
40125
52098
64739
73575
79541
88605
98192
113835
125199
132546
143815
157237
162737
167774
167438
153889
152212
151336
166098
201913
249104
289498
321374
347223
352031
350712
344352
311143
314257
346034
381502
422065
461671
497806
621610
742178
889528

27551
28017
31500
30128
29702
37182
46800
61624
73946
82479
82121
103731
108371
128889
146012
157530
180934
194587
205780
200735
184495
201211
217422
270436
328985
360495
420982

Variable

$/ Exchange Rate

Sources

Source: Officer (1996), Federal Reserve Banking and

Monetary Statistics 1914-41 and 1941-1970, and ONS
(series code AUSS). Annual average. This measure takes
into account deviations from official parities during periods
when paper currencies were not convertible into gold:
17971821 and 191425 for sterling and the Greenback
period between 186278 for the US dollar.

1790
1791
1792
1793
1794
1795
1796
1797
1798
1799
1800
1801
1802
1803
1804
1805
1806
1807
1808
1809
1810
1811
1812
1813
1814
1815
1816
1817
1818
1819
1820
1821
1822
1823
1824
1825
1826
1827
1828

4.56
4.47
4.51
4.75
4.53
4.29
4.44
4.39
4.13
4.55
4.38
4.48
4.54
4.55
4.35
4.43
4.43
4.63
4.57
4.30
3.82
3.62
3.75
4.24
4.90
5.22
4.60
4.50
4.51
4.52
4.82
4.98
4.80
4.87
4.83
4.92
4.94
4.93

1829
1830
1831
1832
1833
1834
1835
1836
1837
1838
1839
1840
1841
1842
1843
1844
1845
1846
1847
1848
1849
1850
1851
1852
1853
1854
1855
1856
1857
1858
1859
1860
1861
1862
1863
1864
1865
1866
1867
1868
1869
1870
1871
1872
1873
1874
1875
1876

4.86
4.76
4.86
4.86
4.79
4.64
4.85
4.82
5.15
4.83
4.86
4.79
4.86
4.77
4.79
4.86
4.87
4.82
4.79
4.87
4.81
4.87
4.91
4.90
4.89
4.88
4.89
4.91
4.89
4.86
4.90
4.85
4.77
5.56
7.07
9.97
7.69
6.88
6.75
6.83
6.48
5.59
5.46
5.44
5.55
5.42
5.59
5.42

1877
1878
1879
1880
1881
1882
1883
1884
1885
1886
1887
1888
1889
1890
1891
1892
1893
1894
1895
1896
1897
1898
1899
1900
1901
1902
1903
1904
1905
1906
1907
1908
1909
1910
1911
1912
1913
1914
1915
1916
1917
1918
1919
1920
1921
1922
1923
1924

5.08
4.89
4.85
4.84
4.83
4.87
4.85
4.85
4.86
4.86
4.85
4.87
4.87
4.86
4.86
4.87
4.86
4.88
4.89
4.87
4.86
4.85
4.86
4.87
4.87
4.87
4.86
4.87
4.87
4.85
4.86
4.87
4.87
4.86
4.86
4.87
4.86
4.93
4.76
4.77
4.76
4.77
4.43
3.66
3.85
4.43
4.57
4.42

1925
1926
1927
1928
1929
1930
1931
1932
1933
1934
1935
1936
1937
1938
1939
1940
1941
1942
1943
1944
1945
1946
1947
1948
1949
1950
1951
1952
1953
1954
1955
1956
1957
1958
1959
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969
1970
1971
1972

4.83
4.86
4.86
4.87
4.86
4.86
4.53
3.50
4.22
5.04
4.90
4.97
4.94
4.89
4.44
3.83
4.03
4.04
4.04
4.04
4.03
4.03
4.03
4.03
3.62
2.80
2.80
2.80
2.81
2.81
2.80
2.80
2.80
2.81
2.81
2.81
2.80
2.81
2.80
2.79
2.80
2.80
2.75
2.39
2.39
2.40
2.44
2.50

1973
1974
1975
1976
1977
1978
1979
1980
1981
1982
1983
1984
1985
1986
1987
1988
1989
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009

2.45
2.34
2.22
1.81
1.75
1.92
2.12
2.33
2.03
1.75
1.52
1.34
1.30
1.47
1.64
1.78
1.64
1.79
1.77
1.77
1.50
1.53
1.58
1.56
1.64
1.66
1.62
1.52
1.44
1.50
1.63
1.83
1.82
1.84
2.00
1.85
1.57

Nominal Effective Exchange rate

Spliced effective exchange rate index

(1913=100) using sources in cols F-K,
1870-1913 Catao
linearly interpolated between 1913-20, Collins (1988) 1847-1880, and Solomou (2005)
interpolated using $/ between 1938-57. annual average
1913=100

90.26
91.35
90.56
89.26
88.61
88.97
88.41
88.87
88.29
88.29
87.99
88.16
88.51
87.71
87.85
88.55
88.93
88.60
88.85
89.03
89.65
89.85
89.78
90.00
88.79
88.72
89.49
88.79
89.67
90.93

99.4
100.6
99.7
98.3
97.6
98.0
97.3
97.8
97.2
97.2
96.9
97.1
97.4
96.6
96.7
97.5
97.9
97.5
97.8
98.0
98.7
98.9
98.8
99.1
98.6
98.5
98.7
98.8
99.5
100.7

90.0
88.8
88.7
89.5
88.8
89.7
90.9

90.35
91.13
91.54
90.66
90.32
90.81
90.81
90.86
93.18
93.92
94.51
94.96
94.57
94.59
98.01
100.84
101.95
104.90
104.06
102.89
102.99
102.99
101.92
101.42
101.17
101.17
100.95
100.66
99.62
99.15
99.63
100.47
100.13
99.85
99.92
99.70
100.00
99.95
99.90
99.85
99.79
99.74
99.69
99.64
106.60
116.71
123.99
123.91

100.7
102.1
102.3
102.4

90.4
91.1
91.5
90.7
90.3
90.8
90.8
90.9
93.2
93.9
94.5
95.0
94.6
94.6
98.0
100.8
102.0
104.9
104.1
102.9
103.0
103.0
101.9
101.4
101.2
101.2
101.0
100.7
99.6
99.2
99.6
100.5
100.1
99.9
99.9
99.7
100.0

134.27
140.40
132.97
133.21
133.32
136.18
128.11
102.82
105.55
103.09
101.86
106.24
115.81
118.82
107.81
93.17
97.98
98.06
98.06
98.06
98.01
98.01
97.94
97.94
87.98
68.05
68.05
67.93
68.35
68.29
67.93
67.93
67.93
69.42
71.25
71.87
71.25
71.20
71.21
71.21
71.21
71.21
70.49
62.38
62.57
62.21
61.98
59.61

53.47
51.72
47.61
41.25
39.23
39.38
41.55
45.70
46.11
43.99
40.96
39.24
39.49
37.53
37.37
39.63
38.33
38.11
38.38
37.14
33.84
33.98
32.53
33.08
38.03
39.52
39.27
40.00
39.35
39.78
38.39
40.29
39.81
40.14
41.11
36.12
31.95

1913-30 Solomou and

Vartis (2005) Table 1, 15
country multilateral excl
Germany, 1913=100

1929-1938 (Dimsdale 1981)

multilateral average
IMF International
exchange rate, Tables 3 and Financial Statistics
9
2005=100

100.0

99.6
106.6
116.7
124.0
123.9

134.3
140.4
133.0
133.2
133.3
136.2

100
99.6
93.7
75.2
77.2
75.4
74.5
77.7
84.7
86.9

170.390
174.127
178.721
180.276
178.737
178.600
178.631
178.633
178.631
178.631
176.815
156.487
156.967
156.048
155.467
149.540

134.124
129.728
119.425
103.799
99.326
100.648
106.500
117.395
119.760
115.122
108.209
104.047
104.111
96.400
95.303
101.087
97.867
96.142
96.886
93.482
85.743
86.277
82.551
83.705
96.793
100.302
100.046
103.295
101.531
101.965
96.881
100.842
100.000
100.901
103.001
89.787

Real Effective
Exchange rates

Sterling effective
exchange rate index
(Jan 2005=100),
annual average

Spliced and
interpolated index
1870-1938 using cols
M-O, (1913=100)

1870-1913 Catao
and Solomou
(2005) 1913=100

1913-30 Solomou and

Vartis (2005) Table 3,
15 country multilateral
excl Germany,
1913=100

102.1
104.3
106.9
109.4
106.1
108.3
106.9

102.1
104.3
106.9
109.4
106.1
108.3
106.9

101.1
101.5
99.6
102.3
100.9
101.5
102.1
102.2
103.6
105.1
106.3
104.7
103.2
104.1
106.3
108.8
112.0
117.5
116.4
113.1
109.7
111.0
111.8
115.1
113.8
111.6
110.8
110.7
107.4
104.2
102.7
102.3
101.9
100.7
101.0
100.2
100.0
101.1
102.2
103.2
104.3
105.4
106.5
107.6
117.2
109.2
111.0
108.2

101.1
101.5
99.6
102.3
100.9
101.5
102.1
102.2
103.6
105.1
106.3
104.7
103.2
104.1
106.3
108.8
112.0
117.5
116.4
113.1
109.7
111.0
111.8
115.1
113.8
111.6
110.8
110.7
107.4
104.2
102.7
102.3
101.9
100.7
101.0
100.2
100.0

100.0

107.6
117.2
109.2
111.0
108.2

113.6
113.1
106.0
107.6
107.3
107.6
102.9
88.9
90.4
89.2
89.3
94.0
100.4
100.3

113.6
113.1
106.0
107.6
107.3
107.6

120.04
104.02
98.92
99.29
104.76
115.22
116.27
110.92
103.27
98.95
99.58
94.64
94.22
99.91
96.64
96.08
96.78
93.66
85.33
85.67
82.02
83.42
95.90
99.66
99.02
100.85
99.21
100.30
96.79
101.59
100.38
101.21
103.66
91.09
80.56

1929-1938 (Dimsdale
1981), multilateral
real exchange rate
Tables 3 and 9

BIS real effective

exchange rate index
1964-2009: Real (CPIbased), Narrow Index
(2005=100)

100
98.5
94.2
81.4
82.8
81.7
81.8
86.1
91.9
91.8

114.72
116.21
116.24
113.61
101.68
103.28
103.57
107.37
104.36

93.05
91.33
93.59
86.32
86.66
87.33
96.05
111.51
115.67
111.88
103.30
98.80
100.46
93.31
92.99
99.23
96.96
97.64
101.11
98.35
89.16
88.82
85.11
86.97
100.90
105.79
104.92
105.93
103.40
103.34
97.84
101.24
100.00
100.80
103.08
90.35
81.32

Export volumes

Documentation

Composite Chained volume measure mn 2006

reference prices, excludes MTIC fraud, goods only prior
to 1870

Source

Cuenca Esteban (1997) 1771-1821, Mitchell (1988),

1821-70, Feinsten (1972) 1870-1920, Sefton and Weale
(1995) 1920-1948, ONS 1948-

1770
1771
1772
1773
1774
1775
1776
1777
1778
1779
1780
1781
1782
1783
1784
1785
1786
1787
1788
1789
1790
1791
1792
1793
1794
1795
1796
1797
1798
1799
1800
1801
1802
1803
1804
1805
1806
1807
1808

341.40
296.87
328.67
318.07
309.59
296.87
260.82
241.73
279.90
231.13
288.38
328.67
345.64
332.91
377.44
379.57
392.29
428.34
460.14
523.76
559.81
421.98
513.16
511.04
568.29
564.05
587.37
655.23
648.87
689.16
780.34
629.78
653.11
689.16
750.65
746.41
784.58

1809
1810
1811
1812
1813
1814
1815
1816
1817
1818
1819
1820
1821
1822
1823
1824
1825
1826
1827
1828
1829
1830
1831
1832
1833
1834
1835
1836
1837
1838
1839
1840
1841
1842
1843
1844
1845
1846
1847
1848
1849
1850
1851
1852
1853

1032.67
1028.43
701.88
928.77
958.46
988.14
1261.68
1066.60
1142.94
1268.05
1015.71
1117.49
1248.96
1285.76
1274.77
1412.47
1327.15
1272.63
1494.85
1520.62
1636.35
1640.19
1707.75
1838.26
1886.04
1978.51
2166.89
2274.63
2053.65
2446.14
2541.20
2675.11
2789.99
2729.63
3033.79
3288.52
3337.90
3272.84
3389.78
3335.76
4296.68
4598.84
4872.14
5128.57
5902.86

1854
1855
1856
1857
1858
1859
1860
1861
1862
1863
1864
1865
1866
1867
1868
1869
1870
1871
1872
1873
1874
1875
1876
1877
1878
1879
1880
1881
1882
1883
1884
1885
1886
1887
1888
1889
1890
1891
1892
1893
1894
1895
1896
1897
1898

5857.18
5980.05
6901.02
6987.24
6934.38
7571.81
8003.49
7683.91
7303.71
7851.98
7844.79
8549.33
9218.11
9369.34
10046.82
10531.42
11232
13027
13181
12720
12873
12925
12873
13181
13386
14258
15694
16823
17130
17746
17643
16977
17438
18413
19541
20413
20362
19387
19233
18156
19079
20464
21336
21439
21490

1899
1900
1901
1902
1903
1904
1905
1906
1907
1908
1909
1910
1911
1912
1913
1914
1915
1916
1917
1918
1919
1920
1921
1922
1923
1924
1925
1926
1927
1928
1929
1930
1931
1932
1933
1934
1935
1936
1937
1938
1939
1940
1941
1942
1943

22516
21593
22157
23080
24003
24413
26568
28311
30107
27901
29491
31697
32517
34312
35441
29397
24397
28163
20094
15695
23036
24713
19618
24744
27154
28070
27887
25629
28863
29046
30022
25812
20808
20350
20686
21479
24225
23554
24744
23066
21418
14523
12479
11289
12448

1944
1945
1946
1947
1948
1949
1950
1951
1952
1953
1954
1955
1956
1957
1958
1959
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969
1970
1971
1972
1973
1974
1975
1976
1977
1978
1979
1980
1981
1982
1983
1984
1985
1986
1987
1988

15743
12875
21632
21662
26392
29284
33452
33119
32446
33803
35706
38171
39928
40954
40335
41439
43804
45208
45979
48228
49813
51984
54680
54974
61718
67762
71362
76471
77462
87171
93788
91313
99709
106502
108476
112536
112208
111646
112889
115175
122960
130156
135577
143579
144436

1989
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009

151019
158981
158726
165322
172744
188613
206460
224584
242856
250430
258399
281230
285684
284055
295695
312599
329093
355648
366397
370238
329157

Import volumes

Export values

Composite Chained volume measure mn 2006

reference prices, excluding MTIC fraud, goods only
prior to 1870

Composite value in mn excluding MTIC fraud

Mitchell (1988), 1796-1870, Feinsten (1972) 18701920, Sefton and Weale (1995) 1920-1948, ONS 1948-

Feinsten (1972) 1870-1920, Sefton and Weale (1995)

1920-1948, ONS 1948-

635.48
548.21
758.22
774.58
886.41
924.59
900.04
823.67
850.95
859.13
801.86
829.13
728.22

908.22
1131.87
785.49
774.58
855.04
935.50
962.77
796.40
924.59
1164.60
973.68
990.05
924.59
932.77
1090.96
1142.78
1429.16
1197.33
1382.79
1412.79
1396.43
1464.61
1584.62
1366.43
1437.34
1562.80
1554.62
1854.63
1740.08
1936.45
2061.91
2089.19
2081.01
1977.37
2015.55
2239.20
2503.75
2427.39
2989.23
2850.13
3272.88
3152.87
3373.79
3272.88
3864.73

3731.08
3417.43
4042.01
4058.37
4091.10
4374.75
4996.60
5285.70
5397.53
5449.35
5452.07
5776.63
6322.11
6223.93
6679.40
6894.87
7255
8483
8522
8905
9059
9596
9827
10057
10134
10518
11324
11055
11631
12283
11861
11976
12091
12782
13205
14356
14356
14663
14894
14587
15776
16583
17504
17888
18502

336
382
424
421
405
384
357
358
345
348
398
411
425
427
407
374
366
385
408
435
448
424
402
376
374
387
406
404
407

18886
19385
20229
20344
20268
20498
21035
21726
22072
21074
21957
22609
23262
24951
25795
24299
25665
23778
20298
20688
23258
23128
20407
23444
25121
27589
28348
29424
29898
28981
30436
30057
31164
27810
27779
29044
30468
31164
32335
31702
34360
36005
30784
25975
25785

444
482
472
474
494
507
552
620
692
616
634
713
737
792
842
706
773
1031
1119
969
1516
2113
1153
1103
1150
1192
1148
1011
1085
1086
1091
879
630
576
572
607
688
696
842
754
700
594
598
599
734

28665
26735
27272
27367
26766
28867
29109
31153
28829
31106
32241
35437
35546
36426
36829
39286
44026
43706
44629
46322
51337
51807
53116
56927
61235
63244
66355
69848
76770
85328
86311
80789
84986
86630
89942
98630
95277
92699
97270
103661
113902
116757
124801
134694
151910

961
802
1425
1649
2191
2489
2988
3639
3750
3677
3827
4166
4586
4823
4688
4836
5134
5366
5500
5852
6183
6596
7148
7370
8962
10064
11489
12917
13644
17174
23058
27119
35445
43722
47946
55462
63288
68380
73917
81393
93462
104018
99706
108653
109804

163192
164121
156867
167474
173072
183313
193455
212269
232859
254458
273182
296684
306811
317667
331153
356301
373290
397185
414392
409272
359098

124153
136583
138662
145480
165834
183215
207147
229047
237478
233284
241015
267026
269807
269040
286193
301108
319737
355648
371865
420633
384154

Import values

World Trade

Composite value in mn excluding MTIC fraud

Volume of World Trade, 1950=100

Feinsten (1972) 1870-1920, Sefton and Weale (1995)

1920-1948, ONS 1948-

Lewis (1981) 1850-1913, UN 19131950, Domit and Shakhir (2010)

1950+

5.86
6.46
7.02
7.61

309
336
362
378
376
378
378
398
372
367
416
402
419
433
396
376
356
368
393
433
427
439
428
409
413
420
446
454
474

7.31
7.42
8.19
8.42
8.51
8.86
9.46
9.02
8.68
9.29
9.98
10.82
11.83
11.88
12.80
13.43
14.10
15.37
16.45
16.95
17.31
17.63
17.98
18.28
19.24
19.85
20.79
21.64
22.28
22.92
23.17
22.80
23.70
24.60
25.70
27.07
27.88
28.79
28.20
28.44
30.01
31.71
33.49
34.44
35.84

494
544
549
546
552
560
576
621
660
606
638
694
696
760
790
752
986
1158
1280
1423
1707
2017
1186
1092
1149
1312
1346
1280
1245
1224
1256
1090
917
757
730
790
839
907
1081
991
1083
1571
1537
1336
1492

37.01
36.62
38.22
39.51
41.66
42.35
45.55
47.93
48.71
47.52
50.63
52.76
56.35
60.76
62.77

48.94
56.38
58.51
63.83
68.09
70.21
77.66
80.85
85.11
78.72
71.28
60.64
61.70
64.89
68.09
70.21
79.79
75.53

1692
1651
1809
2202
2407
2669
3046
4299
3899
3798
3922
4439
4510
4731
4535
4834
5499
5459
5554
5971
6768
6925
7215
7814
9329
9886
11052
12095
13658
18840
27007
28656
36503
42289
45265
54215
57545
60366
67777
77605
92770
98935
101141
111747
124969

72.34
100.00
109.52
114.29
123.81
133.33
147.62
157.14
171.43
166.67
185.71
209.52
219.05
233.33
261.90
290.48
309.52
333.33
352.38
390.48
438.10
476.19
509.52
552.38
619.05
652.38
604.76
676.19
704.76
738.10
776.19
805.76
834.10
824.22
840.16
907.43
934.20
971.58
1025.73
1107.08

143011
148647
142573
152177
170726
186180
208005
228457
233019
240094
254504
285000
293819
297113
312188
333594
362584
397185
414821
458393
417242

1188.66
1269.41
1332.31
1399.09
1460.59
1595.39
1739.78
1858.99
2063.23
2152.07
2267.28
2547.38
2551.97
2643.78
2783.37
3078.23
3314.12
3618.14
3887.00
3987.47
3570.45

Current account deficit

mn. Note Imlah's estimates in Mitchell (1988) are
adjusted to remove bullion and specie flows.

$
Oilbarrel;
price
$ per
1861-1944 US
Average, 1945-1983
Arabian Light posted at Ras
Tanura,1984-2009 Brent
dated.

mn. Mitchell (1988): 1816-1920, Sefton and

Weale(1995): 1920-1948 and ONS 1948- (series
code HBOP)

Source: BP Statistical
Review of World Energy
2010

19.6
9.2
0.8
5.9
8.6
16
16.1
8.4
12.8
-3
6.4
3.6
3.5
5
4.1
-1.1
7.3
6
4.8
11.9
4
4.3
4.5
-1.3
-3.2
2.1
2.3
12.9
13.4
10.3
9.4
-6.4
1.1
2.9
11.6
10.4
15.5
9.8

9.4
21.7
23.7
20.6
32.3
37.5
21.2
12.3
13.8
30
27.4
41.3
45.7
51.7
41.1
50.8
55
76
97
86
78
57
31
10
23
31
33
60
61
49
70
62
78
88
91
83
107
72
63
57
50
55
50
41
29

0.49
1.05
3.15
8.06
6.59
3.74
2.41
3.63
3.64
3.86
4.34
3.64
1.83
1.17
1.35
2.56
2.42
1.19
0.86
0.95
0.86
0.78
1.00
0.84
0.88
0.71
0.67
0.88
0.94
0.87
0.67
0.56
0.64
0.84
1.36
1.18
0.79
0.91

47
34
19
24
43
52
88
121
162
150
142
174
204
203
235
134
-55
90
50
-275
-45
324
178
191
171
71
41
-24
94
119
92
31
-105
-54
-8
-23
23
-24
-45
-57
-243
-841
-827
-669
-698

1.29
1.19
0.96
0.80
0.94
0.86
0.62
0.73
0.72
0.72
0.70
0.61
0.61
0.74
0.95
0.81
0.64
1.10
1.56
1.98
2.01
3.07
1.73
1.61
1.34
1.43
1.68
1.88
1.30
1.17
1.27
1.19
0.65
0.87
0.67
1.00
0.97
1.09
1.18
1.13
1.02
1.02
1.14
1.19
1.20

-678
-845
-153
-311
83
35
338
-330
229
204
160
-108
251
278
384
198
-205
86
196
170
-327
-33
161
-247
-231
490
819
1123
142
-1100
-3333
-1695
-972
-286
821
-1002
1740
4846
2233
1258
-1294
-570
-3614
-7435
-19710

1.21
1.05
1.12
1.90
1.99
1.78
1.71
1.71
1.71
1.93
1.93
1.93
1.93
1.90
2.08
2.08
1.90
1.80
1.80
1.80
1.80
1.80
1.80
1.80
1.80
1.80
1.80
2.24
2.48
3.29
11.58
11.53
12.80
13.92
14.02
31.61
36.83
35.93
32.97
29.55
28.78
27.56
14.43
18.44
14.92

-25533
-21562
-10615
-13011
-12460
-6801
-9063
-6316
-962
-3179
-21854
-25787
-21102
-18657
-18307
-24917
-32841
-44934
-36482
-23776
-17610

18.23
23.73
20.00
19.32
16.97
15.82
17.02
20.67
19.09
12.72
17.97
28.50
24.44
25.02
28.83
38.27
54.52
65.14
72.39
97.26
61.67

Sources

1920
1921
1922
1923
1924
1925
1926
1927
1928
1929
1930
1931
1932
1933
1934
1935
1936
1937
1938
1939
1940
1941
1942
1943
1944
1945
1946
1947
1948
1949
1950
1951
1952
1953
1954

Inflation-adjusted
ONS Households' ONS Households'
saving ratio
saving ratio

Households' saving
ratio - Sefton and
Weale

ONS : Series code NRJS

Sefton and Weale (1995), Table

4.26

ONS and Bank calculations

4.1
4.2
4
5.1
6.1
5.6
5.3
7.5
6.7
6.5
6.2
5.4
4.6
5.3
4.6
5.9
6.8
6.3
6.3

-3.3
-2.4
-2.1
-2
-0.1
0.3
-0.5

4.1
1.8
0.4
0.3
1.2
1.6
3.7
5.2
4

1955
1956
1957
1958
1959
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969
1970
1971
1972
1973
1974
1975
1976
1977
1978
1979
1980
1981
1982
1983
1984
1985
1986
1987
1988
1989
1990
1991
1992
1993
1994
1995
1996
1997

0
1.9
1.5
0.7
1.5
4.1
6
5
5.4
6.5
6.8
7.1
6.4
5.5
5.7
6.5
5
7.3
8.1
8.4
9.2
8.7
7.6
9.4
10.9
12.3
12
10.8
9
10.2
9.7
8.1
5.4
3.9
5.7
8.1
10.3
11.7
10.8
9.3
10.3
9.4
9.6

1.9
1.0
2.5
3.0
0.0
-0.3
0.4
-3.8
1.1
1.3
-4.0
-5.6
-1.1
-1.8
3.5
3.6
3.5
5.5
5.5
5.2
6.7
6.1
5.0
3.3
1.5
3.2
5.3
7.6
10.2
9.4
8.4
8.9
7.7
8.2

4.1
6.2
6.1
5.3
5.8
7.3
9.3
8.3
8.1
9.2
9.3
10
9.5
8.6
8
9
8.1
9.5
10.5
12.6
13.5
13.6
10.4
12.1
12.8
13.9
13.2
11.6
9.8
10.5
9.6
8.3
6.6
5.1
6.8
9.1

1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009

7.4
5.2
4.7
6
4.8
5.1
3.7
3.9
3.4
2.6
2
6.3

5.8
4.4
3.9
4.8
3.9
4.1
2.8
2.8
2.1
1.3
0.6
5.6

Employment in heads

Unemployment

Documentation

000s

000s, claimant count

basis ONS code, BCJD

Sources

Feinstein (1972) and ONS

(code MGRZ)

Feinstein (1972) and

ONS (code BCJD)

1850
1851
1852
1853
1854
1855
1856
1857
1858
1859
1860
1861
1862
1863
1864
1865
1866
1867
1868
1869
1870
1871
1872
1873
1874
1875
1876
1877
1878
1879
1880
1881
1882

11026
11173
11146
10889
11522
11706
11587
11394
11632
12046
12147
12128
11770
11798
11981
12339
12697
12872
12945
12964
12982
12909
12872
12716
12202
13028
13349
13649

406
352
470
822
298
208
425
695
551
226
217
316
759
822
723
461
199
117
135
208
280
443
569
813
1409
695
470
311

1883
1884
1885
1886
1887
1888
1889
1890
1891
1892
1893
1894
1895
1896
1897
1898
1899
1900
1901
1902
1903
1904
1905
1906
1907
1908
1909
1910
1911
1912
1913
1914
1915
1916
1917
1918
1919
1920
1921
1922
1923
1924
1925

13753
13111
13083
13083
13588
14111
14681
14827
14772
14515
14497
14754
15103
15672
15847
16113
16434
16544
16599
16627
16654
16572
16893
17288
17426
16838
17013
17701
18169
18261
18647
18592
19179
19464
19602
19730
19427
19804
17473
17440
17666
17931
18136

352
1120
1292
1436
1084
714
307
307
515
939
1138
1057
894
515
524
452
325
406
542
659
786
1021
858
623
641
1373
1364
840
542
605
388
596
181
63
90
126
596
388
2197
1896
1557
1395
1549

1926
1927
1928
1929
1930
1931
1932
1933
1934
1935
1936
1937
1938
1939
1940
1941
1942
1943
1944
1945
1946
1947
1948
1949
1950
1951
1952
1953
1954
1955
1956
1957
1958
1959
1960
1961
1962
1963
1964
1965
1966
1967
1968

18141
18671
18737
19005
18650
18211
18297
18671
19206
19550
20168
20845
20897
21758
22538
23417
24197
24392
24100
23612
22441
22538
22503
22529
22692
23029
23017
23127
23454
23707
23918
23946
23688
23756
24179
24453
24628
24657
24946
25200
25351
24988
24837

1747
1364
1526
1493
2363
3230
3377
3066
2592
2421
2086
1764
2150
1331
705
248
109
79
70
99
397
298
298
328
332
264
368
356
303
244
258
327
451
480
377
347
467
558
404
347
361
559
586

1969
1970
1971
1972
1973
1974
1975
1976
1977
1978
1979
1980
1981
1982
1983
1984
1985
1986
1987
1988
1989
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009

24853
24749
24507
24579
24965
25029
24933
24786
24809
24940
25195
25086
24430
23951
23775
24285
24592
24746
25239
26070
26749
26871
26162
25540
25303
25504
25818
26060
26526
26795
27168
27484
27711
27922
28186
28485
28775
29027
29225
29440
28978

581
612
649
719
511
514
790
1082
1150
1133
1064
1351
2152
2522
2762
2888
2997
3067
2780
2253
1768
1648
2268
2742
2877
2599
2290
2088
1585
1348
1248
1088
970
947
933
853
862
945
865
906
1529

(a) For an alternative series for the unemployment rate see Boyer and Hatton(2002

Average weekly hours

Capital

Labour share

Whole economy average

hours

Non-dwellings whole economy

capital stock/7 asset capital
services estimate

includes estimated labour

income of self-employed

Mitchell(1988) and ONS

(codes YBUS/MGRZ)

Feinsiten and Pollard (1988) and

Mitchell (1988) for capital stock
data and Bank calculations for
capital services growth
Mitchell (1988) and ONS

59.33
58.84
58.36
57.88
57.39
56.91
56.43
55.95
55.46
54.98
54.50
54.01
53.53
53.05
52.56
52.08
51.60
51.11
51.12
51.13
51.14
51.15
51.16
51.17
51.18
51.19
51.20

54075
55510
57003
58378
60110
61664
62740
63935
65010
66265
67699
69491
71344
73555
76064
78873
81203
82936
84370
85624
87178
89269
91480
93571
96260
99009
101758
104566
107016
109107
110840
112931
114664

0.66
0.64
0.63
0.61
0.64
0.64
0.61
0.60
0.60
0.60
0.61
0.61
0.62
0.61
0.61
0.59
0.58
0.61
0.62
0.62
0.63
0.64
0.64
0.64
0.65
0.63
0.63
0.65

51.20
51.21
51.22
51.23
51.24
51.25
51.26
51.27
51.28
51.29
51.30
51.30
51.31
51.32
51.33
51.34
51.35
51.36
51.37
51.38
51.39
51.40
51.41
51.41
51.42
51.43
51.44
51.45
51.46
51.47
51.48
50.67
49.85
49.04
48.23
47.41
46.60
45.79
44.97
44.16
43.35
42.53
42.65

116576
118608
120161
121177
122252
123507
125001
126555
128467
130379
132231
134203
136354
138923
142150
146153
150754
155474
160733
166349
171667
176806
181347
185350
188159
189234
190848
192580
194433
196285
198974
201782
202380
201065
198496
198675
202320
207160
207848
207848
208536
209569
211289

0.66
0.66
0.66
0.64
0.65
0.65
0.66
0.67
0.67
0.67
0.67
0.65
0.65
0.65
0.65
0.64
0.64
0.64
0.65
0.64
0.64
0.64
0.63
0.63
0.63
0.64
0.64
0.64
0.64
0.63
0.63
0.66
0.71
0.73
0.72
0.71
0.72
0.71
0.70
0.70
0.71
0.71
0.68

42.76
42.87
42.98
43.09
43.21
43.32
43.43
43.54
43.66
43.77
43.88
43.99
43.76
43.52
43.29
43.05
42.82
42.58
42.35
42.11
41.88
41.64
41.40
41.17
40.93
40.70
40.64
40.58
40.51
40.45
40.15
39.86
39.56
39.26
38.96
38.63
38.30
37.97
37.64
37.20
36.76
36.32
35.88

211633
213010
215419
217828
219892
221269
220925
218860
219548
221269
224022
227463
231248
231867
232488
233107
233726
234344
234965
235584
236203
236822
243556
252535
262636
271616
279472
289574
299675
312021
326612
342325
358039
374874
393955
416402
437727
456162
482834
523626
534216
575008
616584

0.69
0.70
0.69
0.68
0.67
0.69
0.70
0.70
0.69
0.68
0.68
0.67
0.66
0.68
0.72
0.69
0.69
0.69
0.70
0.72
0.71
0.72
0.71
0.71
0.72
0.71
0.70
0.69
0.69
0.70
0.71
0.71
0.71
0.70
0.69
0.71
0.71
0.71
0.71
0.72
0.72
0.72
0.72

35.65
35.42
35.20
35.60
35.77
35.49
34.89
34.75
34.94
34.96
34.91
34.33
33.64
33.57
33.45
33.57
33.62
33.51
33.61
33.74
33.82
33.58
33.09
32.97
32.89
33.09
33.13
33.12
33.10
33.02
32.86
32.56
32.60
32.27
32.09
32.04
32.10
31.98
32.03
31.93
31.51

ployment rate see Boyer and Hatton(2002)

655415
687577
730330
766340
807358
848115
882282
911714
942650
976111
1011465
1045577
1066224
1090781
1119529
1155927
1198265
1234455
1277911
1335827
1405181
1469626
1517887
1565219
1615896
1668886
1722957
1787194
1853066
1951110
2057106
2155037
2262675
2357831
2438384
2519128
2596292
2674955
2771104
2859646
2916618

0.72
0.74
0.73
0.72
0.71
0.75
0.77
0.75
0.71
0.71
0.72
0.73
0.73
0.72
0.70
0.71
0.70
0.70
0.70
0.70
0.71
0.72
0.74
0.74
0.72
0.71
0.70
0.68
0.68
0.69
0.70
0.71
0.72
0.71
0.71
0.70
0.70
0.70
0.70
0.69
0.72

Unemployment rate (a) Average Earnings Index

Per cent

2000=100, whole economy

including bonuses

Feinstein (1972), ONS (code

BCJE)

Crafts and Mills (1994),

Feinstein (1972) and ONS (code
LNMQ)

3.38
2.88
3.86
6.84
2.34
1.56
3.35
5.57
4.34
1.66
1.57
2.36
5.88
6.33
5.51
3.42
1.36
0.72
0.86
1.40
1.93
3.14
4.05
5.83
10.17
4.89
3.22
2.05

0.23
0.23
0.22
0.21
0.21
0.22
0.22
0.22
0.22
0.23
0.24
0.25
0.24
0.24
0.24
0.25
0.26
0.27
0.28
0.29
0.28
0.28
0.27
0.27
0.26
0.26
0.26
0.27

2.32
7.69
8.81
9.71
7.21
4.63
1.87
1.85
3.19
5.90
7.10
6.50
5.41
3.00
3.02
2.55
1.76
2.22
2.98
3.63
4.33
5.62
4.65
3.30
3.37
7.36
7.24
4.35
2.72
3.03
1.86
2.93
0.75
0.14
0.28
0.46
2.80
1.74
10.99
9.63
7.92
7.04
7.69

0.27
0.27
0.26
0.26
0.26
0.27
0.27
0.28
0.29
0.29
0.29
0.29
0.29
0.29
0.30
0.30
0.31
0.32
0.32
0.32
0.32
0.33
0.33
0.33
0.34
0.34
0.34
0.34
0.35
0.36
0.37
0.37
0.43
0.49
0.63
0.78
0.89
1.03
0.96
0.77
0.71
0.72
0.73

8.61
6.63
7.35
7.10
11.07
14.89
15.40
13.93
11.71
10.84
9.19
7.62
9.15
5.59
2.85
0.87
0.27
0.14
0.11
0.24
1.56
1.13
1.13
1.26
1.26
0.95
1.39
1.34
1.10
0.84
0.89
1.17
1.69
1.80
1.36
1.22
1.68
2.03
1.41
1.18
1.22
2.01
2.13

0.71
0.73
0.72
0.72
0.71
0.70
0.68
0.68
0.69
0.70
0.72
0.74
0.77
0.77
0.99
1.09
1.22
1.35
1.37
1.36
1.42
1.52
1.66
1.73
1.81
1.99
2.15
2.28
2.43
2.64
2.85
3.01
3.11
3.19
3.38
3.62
3.74
3.90
4.20
4.50
4.80
5.00
5.40

2.10
2.23
2.40
2.70
1.90
1.90
2.90
3.90
4.20
4.10
3.80
4.80
7.60
9.00
9.90
10.10
10.30
10.50
9.40
7.50
5.90
5.50
7.60
9.20
9.70
8.80
7.60
6.90
5.30
4.50
4.10
3.60
3.10
3.10
3.00
2.70
2.70
3.00
2.70
2.80
4.70

5.80
6.50
7.20
8.10
9.20
10.90
13.80
16.00
17.40
19.70
22.70
27.40
31.00
33.90
36.70
38.90
42.10
45.50
49.00
53.30
58.20
63.90
68.80
73.00
75.20
78.00
80.40
83.30
86.80
91.30
95.70
100.00
104.40
108.20
111.90
116.80
121.50
126.50
131.50
136.10
137.90