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Release: Quarterly National Accounts, Q4 2013

Released: 28 March 2014 Next edition: 29 April 2014

Contact

Matthew Hughes

National Accounts Co-ordination Branch

gdp@ons.gsi.gov.uk

Telephone: +44 (0)1633 455827

Categories: Economy, National Accounts, National Income, Expenditure and Output

Frequency of release: Quarterly

Language: English

Geographical coverage: UK

Geographical breakdown: UK

  • UK gross domestic product (GDP) in volume terms was estimated to have increased by 0.7% between Q3 2013 and Q4 2013, unrevised from the Second Estimate of GDP published 26 February 2014.

  • GDP is estimated to have increased by 1.7% in 2013, compared with 2012, revised down 0.1 percentage points from the previously estimated 1.8% increase.

  • Between Q4 2012 and Q4 2013 GDP in volume terms increased by 2.7%, unrevised from the previous estimate.

  • The households’ saving ratio was estimated to be 5.1% in 2013 compared with 7.3% in 2012.         

  • GDP in current prices was estimated to have increased by 1.6% between Q3 2013 and Q4 2013, a downward revision of 0.3 percentage points from the previous estimate of 1.9%.

Contains detailed breakdowns of the components of GDP as well as key sector accounts aggregates.

ONS publishes today an article titled : An Introduction to Reconciled Estimates of GDP. (666.6 Kb Pdf)

 

These National Statistics are produced to high professional standards and released according to the arrangements approved by the UK Statistics Authority.

Content from the Office for National Statistics.
© Crown Copyright applies unless otherwise stated.