UK - Gross Domestic Product 2013

by Eduardo Petazze
In 2013 GDP grew by 1.66%
In the 4Q2013 UK gross domestic product (GDP) in volume terms grew by 0.68% Q/Q (+2.51% Y/Y)
Links:
GDP, Q4 2013 pdf, 78 pages
GDP and the Labour Market pdf, 3 pages
Balance of Payments, Q4 2013 pdf, 39 pages
Business Investment, Q4 2013 pdf, 35 pages
Index of Services, January 2014 pdf, 37 pages
Index of Services, December 2013 pdf, 37 pages
Also see:
UK - GDP Monthly Estimates by NIESR
UK economy to grow by 3.1% in 2014 and 2.2% in 2015 - Centre for Economics and Business Research

Seasonally adjusted data

Expenditure approach
SA
2010
2011
2012
2013
2010 Y/Y
2011 Y/Y
2012 Y/Y
2013 Y/Y
Last data
SA
2012 Q4
2013 Q1
2013 Q2
2013 Q3
2013 Q4
Q/Q Q1
Q/Q Q2
Q/Q Q3
Q/Q Q4
Last data

Chained Volume Measure (Reference year 2010) - million, SA

NPISH Govern GFCF
Inv.
Acq net Exports Imports Residual
37,562 336,538 221,156
1,926
251 447,269 480,121
1
38,321 336,376 215,918
8,444
1,049 467,216 481,503
0
38,350 341,702 217,595
4,729
1,982 475,323 496,556
-6,837
39,112 344,227 216,380
9,252
1,563 480,182 498,736
-10,989
2.67%
0.50%
2.80%
6.67%
7.87%
2.02% -0.05% -2.37%
4.46%
0.29%
0.08%
1.58%
0.78%
1.74%
3.13%
1.99%
0.74% -0.56%
1.02%
0.44%

GDP
1,485,616
1,502,216
1,506,388
1,531,428
1.66%
1.12%
0.28%
1.66%

Chained Volume Measure (Reference year 2010) - million, SA

Households NPISH Govern GFCF
Inv.
Acq net Exports Imports Residual
234,157
9,578
85,324 51,353
4,262
316 119,339 124,739
-2,509
236,229 10,325
84,863 51,790
1,594
483 118,194 121,751
-3,288
236,407
9,440
86,086 53,845
822
318 121,113 125,415
-1,298
238,460 10,040
86,624 54,849
4,955
321 118,790 126,354
-3,152
239,341
9,307
86,654 55,896
1,881
441 122,085 125,216
-3,251
0.88% 7.80% -0.54%
0.85%
-0.96% -2.40%
0.08% -8.57%
1.44%
3.97%
2.47%
3.01%
0.87% 6.36%
0.62%
1.86%
-1.92%
0.75%
0.37% -7.30%
0.03%
1.91%
2.77% -0.90%

GDP
377,081
378,439
381,318
384,533
387,138
0.36%
0.76%
0.84%
0.68%

Households
921,034
916,395
930,100
950,437
0.97%
-0.50%
1.50%
2.19%

Production approach
Current million, SA
Chained Volume Measure (Reference year 2010) - million, SA
GVA
Price index
GDP
Price index
Agri.
Industry(B/E) Constr. Tertiary
GVA
Taxes
GDP
100.00
100.00
2010
9,053
201,901 83,866 1,033,104 1,327,924 157,692 1,485,616 1,327,923
1,485,615
101.28 1,536,937
102.31
2011
10,008
199,512 85,800 1,048,418 1,343,737 158,479 1,502,216 1,360,925
102.24 1,558,415
103.45
2012
9,684
195,235 79,037 1,064,748 1,348,704 157,684 1,506,388 1,378,982
103.93 1,613,391
105.35
2013
9,315
195,121 80,081 1,086,894 1,371,411 160,017 1,531,428 1,425,292
2010 Y/Y
-0.73%
2.83% 8.35%
0.89%
1.61%
2.09%
1.66%
3.72%
2.08%
4.82%
3.10%
2011 Y/Y 10.55%
-1.18% 2.31%
1.48%
1.19%
0.50%
1.12%
2.49%
1.28%
3.45%
2.31%
2012 Y/Y
-3.24%
-2.14% -7.88%
1.56%
0.37% -0.50%
0.28%
1.33%
0.95%
1.40%
1.12%
2013 Y/Y
-3.81%
-0.06% 1.32%
2.08%
1.68%
1.48%
1.66%
3.36%
1.65%
3.53%
1.83%
Own estimate
Current million, SA
Chained Volume Measure (Reference year 2010) - million, SA
GVA
Price index
GDP
Price index
SA
Agri.
Industry(B/E) Constr. Tertiary
GVA
Taxes
GDP
103.49
104.86
2012 Q4
2,403
48,031 19,657
267,537
337,628
39,453
377,081
349,414
395,415
104.09
105.31
2013 Q1
2,289
48,259 19,415
268,975
338,938
39,501
378,439
352,804
398,545
103.26
104.61
2013 Q2
2,334
48,665 19,898
270,554
341,452
39,866
381,318
352,584
398,898
103.65
105.24
2013 Q3
2,343
48,968 20,404
272,624
344,339
40,194
384,533
356,896
404,689
104.71
106.23
2013 Q4
2,348
49,229 20,364
274,740
346,682
40,456
387,138
363,008
411,259
-4.77%
0.48% -1.23%
0.54%
0.39%
0.12%
0.36%
0.97%
0.58%
0.79%
0.43%
Q/Q Q1
1.99%
0.84% 2.49%
0.59%
0.74%
0.92%
0.76%
-0.06%
-0.80%
0.09%
-0.67%
Q/Q Q2
0.39%
0.62% 2.54%
0.76%
0.85%
0.82%
0.84%
1.22%
0.37%
1.45%
0.60%
Q/Q Q3
0.21%
0.53% -0.19%
0.78%
0.68%
0.65%
0.68%
1.71%
1.03%
1.62%
0.94%
Q/Q Q4
Last data - The breakdown by industry is our own estimate
Note: The above table contains our own estimates for the value added by industries, SA, which differs slightly from the published indices

Not seasonally adjusted data - Expenditure approach

NSA
2010
2011
2012
2013
2010 Y/Y
2011 Y/Y
2012 Y/Y
2013 Y/Y
Last data
NSA
2012 Q4
2013 Q1
2013 Q2
2013 Q3
2013 Q4
Y/Y Q1
Y/Y Q2
Y/Y Q3
Y/Y Q4
Last data

Households
921,034
916,395
930,100
950,437
0.97%
-0.50%
1.50%
2.19%

Chained Volume Measure (Reference year 2010) - million, NSA

NPISH Govern GFCF
Inv.
Acq net Exports Imports Residual
37,562 336,538 221,156
1,927
251 447,269 480,121
0
38,321 336,376 215,918
8,444
1,049 467,216 481,503
0
38,190 341,702 217,595
4,729
1,982 475,323 497,723
-5,510
39,421 344,227 216,380
9,252
1,563 480,182 500,230
-9,804
2.67%
0.50%
2.80%
6.67%
7.87%
2.02% -0.05% -2.37%
4.46%
0.29%
-0.34%
1.58%
0.78%
1.74%
3.37%
3.22%
0.74% -0.56%
1.02%
0.50%

GDP
1,485,616
1,502,216
1,506,388
1,531,428
1.66%
1.12%
0.28%
1.66%

Households
241,073
229,944
232,824
241,185
246,484
2.28%
1.87%
2.35%
2.24%

Chained Volume Measure (Reference year 2010) - million, NSA

NPISH Govern GFCF
Inv.
Acq net Exports Imports Residual
9,356 85,608
53,885
2,380
370 121,455 125,787
-1,947
9,638 86,157
54,516
-172
438 114,964 118,168
-2,216
10,106 85,480
49,709
1,851
351 120,197 124,490
-2,421
9,913 85,614
54,481
8,815
282 118,342 129,463
-2,554
9,764 86,976
57,674 -1,242
492 126,679 128,109
-2,613
3.52% -1.95% -9.46%
-0.65% -1.93%
2.98%
1.63% -1.91%
3.98%
0.60%
2.09%
1.78%
3.14%
-3.44%
1.39%
4.36%
1.60%
7.03%
4.30%
1.85%

GDP
386,393
375,101
373,607
386,615
396,105
-0.20%
2.33%
2.00%
2.51%