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Dataset details: United Kingdom Economic Accounts, Q1 2012 DatasetThis product is designated as National Statistics

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Correction

31 July 2012

An error has been discovered in Table A8, A1, B4, B1 of United Kingdom Economic Accounts, Q1 2012, originally published on 28 June 2012.

Table A8

The error affects quarterly data between 1997 and 2011 for the asset and sector breakdowns of gross fixed capital formation and their associated growth rates.

The affected series are:

KLQ6, KLQ7, KO28, KO29, KO2A, KLQ2, KLQ3, KO2B, KO2C, KO2D, DFDK, GGAE, KH7X, KH83, KH87, EQEC, EQED, KH7W, KH82, KH86, EQDN, DLWF, KH92, KH9C, KH9M, KLQ8, KLQ9, KO2E, KO2F, KO2G, KLQ4, KLQ5, KO2H, KO2I, KO2J, DLWJ, DLWL, KH95, KH9F, KH9P, DLWM, DLWO, KH96, KH9G, KH9Q, DFDV, DFEG, KH8Y, KH9A, KH9K, DLWQ, DLWT, KH97, KH9H, KH9R, EQDT, EQDO, KH98, KH9I, KH9S

Table A1

The error affects quarterly and annual data between 1997 and 2009 for gross value added at factor cost and its associated growth rates.

The affected series are:

YBHH, KGN5, KGN6, KGN7

For further information on table A8 and A1 contact: gdp@ons.gsi.gov.uk

Tables B4 and B1

A production error has been discovered in the 1987 to 1996 seasonally adjusted quarterly data for investment income. The revisions are for time periods earlier than those shown in the UKEA tables, but the most recent years' data for the affected timeseries are shown in tables B4 and B1. Also affected are the 1987 to 1996 quarterly data for the current account balance, the current account balance as a percentage of GDP, and the income balance as a percentage of GDP. The annual data are not affected by this error.

The affected series in table B4 are:

Income credits - CGDU, CGDV, HBOK, HBOH;

Income debits - CGEB, HBOL, HBOI;

Income balances - CGED, CGEE, CGFF, HBOM, HBOJ.

The affected series in table B1 are:

HBOJ, HBOP, D28M, AA6H.

A production error has also been discovered in the 1987 to 1996 annual data for balances in the current account as percentages of GDP. The revisions are for time periods earlier than those shown in the UKEA tables, but the most recent years' data for the affected timeseries are shown in table B1. The quarterly data are not affected by this error.

The affected series in table B1 are:

D28J, D28K, D28L, D28M, AA6H.

No other series are affected and these errors have now been corrected.

Geographical breakdown

As previously notified, the balance of payments geographical breakdowns of the current account prior to 2010q1 were not updated when this dataset was published on 28 June 2012. At that point they had not yet been revised in line with revisions to the main balance of payments dataset. This work has now been completed and the data have now been revised in this dataset. The revisions are for time periods earlier than those shown in the UKEA tables, but the most recent years' data for the revised timeseries are shown in tables B6, B6A, B6B and B6C.

For further information on tables B4, B1, B6, B6A, B6B and B6C contact: bop@ons.gsi.gov.uk

ONS apologise for any inconvenience.

13 July 2012

This dataset now includes the change to insurance methodology announced on 30 March 2012 in the article 'Content of UK National Accounts: the Blue Book 2012' for the periods prior to 1997.

11 July 2012

A production error has been discovered in Tables A1, A4, B6, B6A, B6B and B6C of United Kingdom Economic  Accounts, Q1 2012, originally published on 28 June 2012. 

The error in Tables A1 and A4 affects annual and quarterly data between 1997 and 2009 for; Gross value added at basic prices, the basic price adjustment, and their associated growth rates.

The following series relate to the data published in table A1:

  • NTAO, ABMM, KGN3, CGBV, KGM4, KGM5, KGM6, CGCE.

The following series relate to the data published in table A4:

  • CGCE, KGN3.

The error in Tables B6, B6A, B6B and B6C affects 2011 annual data and 2011 quarterly data for exports of services, imports of services, total exports of goods and services, total imports of goods and services, total credits, total debits and balances for these periods. The error in Tables B12 affects 2010 annual data for other investment abroad, although total other investment abroad (net debits) is unchanged.

The following series relate to the data published in table B6:

  • GD7B, KAQ8, GD7A, KAQ4, G97N, KHT5, GD7T, KAV6, GD7S, KAV2, G97E, KHT6, GD7Y, KB24, GD7X, KAZ8, G976, KHT7.

The following series relate to the data published in table B6A:

  • GC8R, K9HU, GC8Q, K9HQ, G97O, KHS7, GCV2, K9OH, GCU9, K9OD, G97F, KHS8, GD6R, K9TG, GD6Q, K9TC, G977, KHS9.

The following series relate to the data published in table B6B:

  • Exports - GEK9, EVQ9, LJNZ, EVR2, EVR3, EVR4, XEST, EVR5, D38G, LJPL, GEK8, EVQ4, XESZ, EVQ5, EVQ6, EVQ7, LJQH, EVQ8, D38F, XEUL, G98E, EQR2, ARDY, EQR3, EQR4, EQR5, ARFR, EQR6, D3N5, ARFO.

  • Imports - GEM9,  EVT5, XETH, EVT6, EVT7, EVT8, XEUD, EVT9, D38U, LJQX, GEM8, EVS8, LJPS, EVS9, EVT2, EVT3, LJQO, EVT4, D38T, XESD, G985, EQR7, ARFM, EQR8, EQR9, EQS2, ARFS, EQS3, D3N6, ARFP.

  • Balances - GEN6, EVV9, LJQZ, EVW2, EVW3, EVW4, XUFA, EVW5, D39A, LJDR, GEN5, EVV4, XETN, EVV5, EVV6, EVV7, XEUJ, EVV8, D399, XUHL, G97V, EQS4, ARFN, EQS5, EQS6, EQS7, ARFT, EQS8, D3N7, ARFQ.

The following series relate to the data published in table B6C:

  • Exports - GDS2, FYWC, FYWD, FYWI, FYWJ, FYWK, FYWN, FYVY, FYVU, FYWF, GDR9, LGIT, LGIU, LGIZ, LGJA, LGJB, LGJE, LGIP, LGIL, LGIW, G98F, LENO, LEOP, LEPH, BFJR, BFMY, BFOM, BFSQ, LEOY, BFVB.

  • Imports - GE6B, GGPR, GGPS, GGPX, GGPY, GGPZ, GGQC, GGPN, GGPJ, GGPU, GE6A, LGKY, LGKZ, LGLE, LGLF, LGLG, LGLJ, LGKU, LGKQ, LGLB, G986, LENP, LEOQ, LEPI, BFJS, BFMZ, BFON, BFSR, LEOZ, BFVC.

  • Balances - GEI9, GGRW, GGRX, GGSC, GGSD, GGSE, GGSH, GGRS, GGRO, GGRZ, GEI8, LGND, LGNE, LGNJ, LGNK, LGNL, LGNO, LGMZ, LGMV, LGNG, G97W, LENQ, LEOR, LEPJ, BFJT, BFNA, BFOO, BFSS, LEPA, BFVD.

The following series relate to the data published in table B12:

  • CY93, HBSG, XBMG, HMLW, HHZI, XBLP, XBMK.

A production error has also been discovered in the 1995 and 1996 seasonally adjusted quarterly data for current transfers. The revisions are for time periods earlier than those shown in the UKEA tables, but the most recent years' data for the affected time series are shown in tables B5 and B1. The current transfers data affected are credits, debits, balances, total credits, total debits and the total balance. Also affected are the 1995 and 1996 quarterly data for the current account balance, the current account balance as a percentage of GDP, and the current transfers balance as a percentage of GDP. The annual data are not affected by this error.

The following series relate to the data published in table B5:

Current transfers credits - FKKM, CGDN, FHDM, IKBN

Current transfers debits - HCSP, FLUD, CGDR, CGDS, FLUZ, IKBO

Current transfers balances - FNSV, FNTC, IKBP, GTTB.

The following series relate to the data published in table B1:

Seasonally adjusted balances - FNSV, FNTC, IKBP, HBOP

Seasonally adjusted balances as a percentage of GDP - D28N, AA6H.

These errors have now been corrected.

ONS apologises for any inconvenience caused.

For further information on corrections to;

the A tables contact: gdp@ons.gsi.gov.uk

the B tables contact: bop@ons.gsi.gov.uk

Time series dataset for the United Kingdom Economic Accounts

Update 5 July 2012 - Quality assurance of the pre-1997 dataset as described below is ongoing. The new date for publication is Wednesday 11 July 2012.

ONS apologise for any inconvenience.

The change to insurance methodology announced on 30 March 2012 in the article 'Content of UK National Accounts: the Blue Book 2012' has an impact on a small number of components in the Income and Capital Account (tables A11-A65 of UKEA, and tables I-K3 of QNA) listed below. The dataset published on 28 June 2012 incorporates these changes back to 1997 but changes to earlier periods will not be published until Wednesday 4 July 2012. In the interim period the Blue Book 2011 pre-1997 data will continue to be available in the UKEA and QNA on-line datasets.

Gross disposable income

Households’ real disposable income

Households’ saving ratio

Individual consumption expenditure

Gross operating surplus

Trade in services, imports and exports

Net lending/borrowing

Property income attributed to insurance policy holders

Net non-life insurance premiums

Non-life insurance claims

Total change in liabilities and net worth

Information Note

The balance of payments geographical breakdowns, prior to 2010 Q1, have not yet been revised in line with revisions to the main balance of payments dataset. These will be updated in July, the actual date is yet to be confirmed. ONS apologises for this delay.

If you have any queries please do not hesitate to contact gdp@ons.gov.uk

Dataset dimensions

  1. Date
  2. Publication
  3. CDID
Metadata field Value
Designation National Statistics
Published date 28 June 2012
Coverage UK
Geographic breakdown UK and GB
Source

Owner

Michael Rizzo
Telephone number +44 (0)1633 456366
Email address michael.rizzo@ons.gsi.gov.uk
Content from the Office for National Statistics.
© Crown Copyright applies unless otherwise stated.