Indicators of Sustainable Development |
| | Sustainable Development Home | Indicators Home | Introduction | |
Since 1999, inflation has been relatively stable, remaining within 1.4 to 3.1 per cent. The current rate for 2003 is 2.6 per cent.
Borrowing rose to 8 per cent of GDP in the early 1990s, became negative in 1998 and rose slightly in 2002 to around 1 per cent of GDP.
Labour productivity in other G7 countries was on average 14 per cent higher than the UK in 2001. Labour productivity in the UK has improved since 1992 in comparison with France, the United States and Japan, but worsened compared with Germany. UK exports and imports both grew strongly in almost every year between 1970 and 2002, even though exports fell slightly in real terms in 2002.
Social investment (railways, hospitals, schools etc.) at current prices was around 2.0 per cent of GSP in 1990 and was 1,7 per cent of GDP in 2002.
| Ref No | Indicator | QOLC 1999 | QOLC Updated Assessment | ||||
| Change since | Change since | ||||||
| 1970 | 1990 | 1970 | 1990 | Strategy | |||
| H1 | Economic output: GDP and GDP per head (headline) | |
|
|
|
| |
| B1 | Rate of inflation | |
|
|
|
| |
| B2 | Public sector net borrowing and net debt | Net borrowing | |
|
|
|
|
| Net debt | |
|
|
|
| ||
| B3 | Labour productivity | |
|
|
|
| |
| B4 | UK imports, exports and trade balance | Export growth | |
|
|
|
|
| Balance of payments | |
|
| ||||
| H2 | Investment: Total and social investment relative to GDP (headline) | |
|
|
|
| |
| B5 | Social investment as a per cent of GDP | |
|
|
|
| |