§ Mr. FlightTo ask the Chancellor of the Exchequer what his Department's assessment is of how the current conflict in the middle east will affect GDP growth in(a) the UK and (b) the other G7 countries. [105335]
§ Ruth KellyThe Government will publish updated forecasts for UK and G7 GDP growth in the Budget on 9 April taking into account all relevant factors, including the situation in the middle east.
§ David DavisTo ask the Chancellor of the Exchequer what the GDP was in each region in each year since 1997. [105287]
340W
§ Ruth KellyThe information requested falls within the responsibility of the National Statistician. I have asked him to reply.
Letter from Len Cook to Mr. David Davis dated 27 March 2003:
As National Statistician I have been asked to reply to your recent question on estimates of regional gross domestic product (GDP). (105287)The term gross value added (GVA) is now used. Although these economic estimates have been historically referred to as GDP, under the European System of Accounts 95 (ESA95), they should be referred to as GVA at basic prices rather than GDP. This is because they are produced at basic prices, which includes the effects of taxes less subsidies on production. ONS has effected the change from GDP at factor cost to GVA at basic prices as part of implementation of ESA95, along with all other EU countries.Latest estimates of regional GDP were published in February 2001 for the period 1989 to 1999. The following table shows GVA by Government Office Region (GOR) for the calendar years 1997 to 1999.
Total gross value added £ million Government office region 1997 1998 1999 North East 24,202 25,294 25,875 North West 72,414 75,275 77,562 Yorkshire and The Humber 53,182 55,457 57,554 East Midlands 47,261 49,413 50,906 West Midlands 57,783 61,130 63,495 East of England 72,698 77,962 81,793 London 108,559 118,499 122,816 South East 108,276 116,024 121,956 South West 53,580 56,064 58,151 Wales 28,010 29,541 30,689 Scotland 58,650 62,153 64,050 Northern Ireland 15,952 16,501 17,003 Extra-Regio1 14,560 11,983 14,350 United Kingdom2 715,127 755,297 3787,386 1 Extra Regio is that part of the UK's economic territory which cannot be allocated to any specific region. The contribution to UK GDP of UK embassies abroad and UK forces stationed overseas is included in Extra-Regio, along with the element of GDP relating to activities taking place on the continental shelf. 2 Figures for all years may not sum due to rounding. 3 Regional figures for the latest year do not sum to the UK total due to the statistical discrepancy in the National Accounts. For years up to 1998 figures are based on fully reconciled national estimates of income and expenditure. At the time of this publication the 1999 data had not been completely reconciled and a statistical discrepancy exists, which is not broken down by region. For 1999 this discrepancy is £1,188 million.