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Release: United Kingdom National Accounts, The Blue Book, 2014 Edition

Released: 31 October 2014

Contact

Emma Howley

National Accounts Coordination Division

blue.book.coordination@ons.gsi.gov.uk

Telephone: +44 (0)1633 455190

Categories: Economy, National Accounts, National Income, Expenditure and Output, GDP by Category of Expenditure, GDP by Category of Income, GVA by Category of Output, Main Aggregates of National Accounts

Frequency of release: Annually

Language: English

Geographical coverage: UK

Geographical breakdown: UK and GB

Correction

Wednesday 24 June, 2015 09:30

An error has been identified in the estimate of expenditure on Narcotics within Household Final Consumption Expenditure. Data from 1997 to the latest period are affected for series' ABPB, ABPF, ABQI, ABQJ, ADFL, ADIS, MNC2, MNC4, UTIE, UTIG, UTII and UTIK.  Higher level aggregates including Gross Domestic Product are also affected, and details of the impact on current price GDP up to 2010 have been provided in an article. Further impacts for later years will be provided for Chained Volume Measure estimates and more recent periods during July and August, and the revised figures will be published within the National Accounts on 30 September 2015. In the meanwhile users of these series are advised to check with ONS before using these series.

ONS apologies for any inconvenience this may cause.

Wednesday 24 June, 2015 09:30

An error has been identified in the estimate of insurance industry output within Financial Corporations Output. Data from 2009 to the latest period are affected for series' NHCT, NHCX, FAIQ, NSSG, KTMQ, NQNV, NQBE, NHDB, FAIS and QWLK.  Higher level aggregates including Gross Domestic Product are also affected, and details of the impact on current price GDP up to 2010 have been provided in an article article. Further impacts for later years will be provided for Chained Volume Measure estimates of GDP and more recent periods during July and August, and the revised figures will be published within the national Accounts on 30 September 2015. In the meanwhile users of these series are advised to check with ONS before using these series.

ONS apologies for any inconvenience this may cause.

Date: 3.10pm Monday 18 May 2015

Following publication on 23 February 2015 of the historic 'Income and Capital' Sector Accounts and 'Balance of Payments' pre-1997 data on a European System of Accounts 2010 (ESA 2010) basis, ONS is today publishing the 'Financial Account' pre-1997 data on an ESA 2010 basis. ONS apologises for any inconvenience this delay may have caused.
 
For a short while there will be an inconsistency between the Rest of the World sector within the Sector Accounts and the Balance of Payments for the period 1987 to 1996 as it has not been possible to publish an updated Balance of Payments dataset due to additional time required to process the changes. Balance of Payments pre-1997 will be updated and brought in line with the Sector Accounts at the same time as the next Balance of Payments publication, 2015 Q1, on 30 June 2015. ONS apologies for any inconvenience this may cause.

Date: 10.30am Friday 1 May 2015

Following publication on 23 February 2015 of the historic 'Income and Capital' Sector Accounts and 'Balance of Payments' pre-1997 data on a European System of Accounts 2010 (ESA 2010) basis, ONS is today announcing that the 'Financial Account' pre-1997 data on an ESA 2010 basis will be published on 18 May 2015. ONS apologises for any inconvenience this delay may have caused.

Date: 10.30am Monday 16 February 2015

ONS previously announced in November 2014 its intention to publish the Historic Sector and Financial Accounts data pre-1997 on a European System of Accounts 2010 (ESA 2010) basis at the end of November 2014. ONS will now publish on 23 February 2015 pre -1997 data for both the 'Income and Capital' Sector Accounts and 'Balance of Payments' Primary and Secondary Income. The 'Financial Account' data will follow at a later date. ONS apologises for any inconvenience this delay may have caused.

Date: 10.30am Friday 09 January 2015

An error was found in net capital stocks and gross capital stocks estimates, which affected the following Blue Book 2014 tables:

1.6.9; 3.1.9; 4.1.9; 6.1.9; 10.1; 10.2; 10.3; 10.6; and 10.10.

The CDIDs that have changed are: CGRV, CGRU, CGRC, CGDA, NG23, NG26, MU7W, CGRA, MJG6, NG22, NG2A,  CGDA, NG2D, NG2G, MU7X, CGUX, MKV7, NG2C, NG2I, CGRV, NG33, NG36, MU82, NG32, NG38, CGRU, NG45, NG48, MU86, CGRM, NG44, NG4A and CGRC.

ONS have now corrected these and apologises for any inconvenience that this may cause.

Date: 5:00pm Wednesday 19 November 2014

An error has been found in net capital stocks and gross capital stocks estimates, which affects the following Blue Book 2014 tables:

1.6.9; 3.1.9; 4.1.9; 6.1.9; 10.1; 10.2; 10.3; 10.6; and 10.10.

The CDIDs that will change are: CGRV, CGRU, CGRC, CGDA, NG23, NG26, MU7W, CGRA, MJG6, NG22, NG2A,  CGDA, NG2D, NG2G, MU7X, CGUX, MKV7, NG2C, NG2I, CGRV, NG33, NG36, MU82, NG32, NG38, CGRU, NG45, NG48, MU86, CGRM, NG44, NG4A and CGRC.

ONS will correct these at the earliest opportunity and apologises for any inconvenience that this may cause.

In this release

The annual United Kingdom National Accounts records and describes economic activity in the United Kingdom and as such is used by government, banks, academics and industries to formulate the economic and social policies and monitor the economic progress of the United Kingdom.

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.