Release:National Accounts articles: Revisions to gross domestic product in Blue Book 2016

This is an accredited National Statistic. Click for information about types of official statistics. Contact:
Matthew Hughes

Release date:
23 January 2017 09:30

Next release:
To be announced

An article which looks in detail at Blue Book 2016 growth rate revisions and provides an update of the metrics used to test revisions.

Publications

Data

  • Revisions to gross domestic product in Blue Book 2016: Tables and annexes

    Presentation of BB2016 revisions, current price; revisions to GDP growth between the first and third estimate; Sources used in compiling estimates of Gross Domestic Product (GDP); GDP current price and chained volume measure annual growth by Blue Book and quarter-on-quarter GDP revisions for balanced years.

The United Kingdom Statistics Authority has designated these statistics as National Statistics, in accordance with the Statistics and Registration Service Act 2007 and signifying compliance with the Code of Practice for Official Statistics.

Designation can be broadly interpreted to mean that the statistics:

  • meet identified user needs
  • are well explained and readily accessible
  • are produced according to sound methods
  • are managed impartially and objectively in the public interest

Once statistics have been designated as National Statistics it is a statutory requirement that the Code of Practice shall continue to be observed.