Capital and Productivity

Factory-Granularity-in-Trade-Optimised-for-Web-2400×1600-1

Capital and Productivity

Go to next section

Capital and Productivity – Overview

This section contains historical data on capital stocks, capital services and productivity measures at an aggregate and industry level stretching back to the C18th. Links to the Conference Board Total Economy Database and EU KLEMS datasets are provided so that these can be linked to modern growth accounting datasets. Relevant periodicals include the Blue Book and Input-output analytical tables.

Capital Stocks from 1760

Capital stocks by asset and industry from 1855-1965 were constructed by Charles Feinstein as part of his work on National Accounts and can be found in These are reproduced with the kind permission of the Faculty of Economics at the University of Cambridge and Professor Feinstein's family The estimates for capital formation, gross and net capital stocks and net trade were subsequently revised by Charles Feinstein in a joint study edited with Sidney Pollard. These data supersede those in the 1972 volume and decennial estimates were made back to 1760 for Great Britain. These are available in the spreadsheet These have been made available with the kind permission of Professor Feinstein's family and the literary estate of Professor Sidney Pollard.

Capital Stocks derived from pre-ESA10 systems of national accounts are available in current prices and chained volume measures from 1995 Data based on earlier systems of accounts can be found in the Blue Books which are available in the Relevant Periodicals Section below.

Capital Services from 1950

Experimental data on capital services is now produced by the ONS and annual data is available from 1950.

UK labour and multi-factor productivity since 1760

Aggregate data back to 1760 on capital stocks and services, labour inputs and productivity measures, can be found in: More detailed industry level data on productivity from 1950 can be found in the volume: The data have been made available with the kind permission of the National Institute and Mary O'Mahony.

For modern UK productivity data comparable with estimates for other countries users should consult the Conference Board Total Economy Database and the EU KLEMS database.

Sources and methods

Capital Stocks and Services
For a discussion of the methodology behind the construction of consistent estimates of capital stocks and services in the UK, users should consult the article by Oulton and Wallis linked below: This builds on earlier work on the UK by Dean, Redfern, Wallis and Oulton and Srinivasan Since that work was completed, recent work by NIESR has reviewed the asset lives used in the computation of UK national capital stocks can be found here: This fed into the changes made by ONS in the estimation of capital stock and services discussed at the links below Total Factor or Multi-factor Productivity (TFP/MFP)
Charles Hulten's NBER chapter outlining the history of the Total Factor Productivity concept can be found at the NBER website below

Uses of data

For a review of UK productivity growth since 1760 based on the most recent historical data sources see the paper by Nick Crafts For an analysis of UK productivity in manufacturing and services from 1850 the two volumes by Steve Broadberry are available in limited preview form on Google books below: Mary O'Mahony's book on the UK's productivity performance in the postwar period is provided below with the kind permission of Mary O'Mahony and NIESR.

Recent ESCoE research by Rebecca Riley, Ana Rincon Aznar and Lea Samek has provided a sectoral account of the UK productivity puzzle between 2011-2015
The following titles are available to select in the dropdown menus of this section.

  • UK National Accounts (Blue Books) since 1941

Please select a publication title and year from the boxes below to narrow down the list. Alternatively type in a general search term. The available excel and pdf files are shown in the table. If the publication you are looking for is not in this section please see the complete list of downloadable publications

Select Publication or Input Search Term

Article Name Excel File PDF File
UK Input-Output Table 1841 - Horrell, Humphries and Weale No PDF File
UK National Accounts 1941 No Excel File
UK National Accounts 1942 No Excel File
UK National Accounts 1943 No Excel File
UK National Accounts 1944 No Excel File
UK National Accounts 1945 No Excel File
UK National Accounts 1946 No Excel File
UK National Accounts 1947 No Excel File
UK National Accounts 1948 No Excel File
UK National Accounts 1949 No Excel File
UK National Accounts 1950 No Excel File
UK National Accounts 1951 No Excel File
UK National Accounts 1952 No Excel File
UK National Accounts 1953 No Excel File
Input-Output Tables for the United Kingdom 1954 No Excel File
UK National Accounts 1954 No Excel File
UK National Accounts 1955 No Excel File
UK National Accounts 1956 No Excel File
UK National Accounts 1957 No Excel File
UK National Accounts 1958 No Excel File
UK National Accounts 1959 No Excel File
UK National Accounts 1960 No Excel File
UK National Accounts 1961 No Excel File
UK National Accounts 1962 No Excel File
Input-Output Tables for the United Kingdom 1963 No Excel File
UK National Accounts 1963 No Excel File
UK National Accounts 1964 No Excel File
UK National Accounts 1965 No Excel File
UK National Accounts 1966 No Excel File
UK National Accounts 1967 No Excel File
Input-Output Tables for the United Kingdom 1968 No Excel File
UK National Accounts 1968 No Excel File
UK National Accounts 1969 No Excel File
Input-Output Tables for the United Kingdom 1970 No Excel File
UK National Accounts 1970 No Excel File
Input-Output Tables for the United Kingdom 1971 No Excel File
UK National Accounts 1971 No Excel File
Input-Output Tables for the United Kingdom 1972 No Excel File
UK National Accounts 1972 No Excel File
UK National Accounts 1973 No Excel File
Input-Output Tables for the United Kingdom 1974 No Excel File
UK National Accounts 1974 No Excel File
Economic Trends Annual Supplement 1975 Edition No Excel File
UK National Accounts 1975 No Excel File
Economic Trends Annual Supplement 1976 Edition No Excel File
UK National Accounts 1976 No Excel File
Economic Trends Annual Supplement 1977 Edtion No Excel File
UK National Accounts 1977 No Excel File
UK National Accounts 1978 No Excel File
Input-Output Tables for the United Kingdom 1979 No Excel File
Economic Trends Annual Supplement 1979 Edition No Excel File
UK National Accounts 1979 No Excel File
Economic Trends Annual Supplement 1980 Edition No Excel File
United Kingdom National Accounts 1980 No Excel File
Economic Trends Annual Supplement 1981 Edition No Excel File
United Kingdom National Accounts 1981 No Excel File
Economic Trends Annual Supplement 1982 Edition No Excel File
UK National Accounts 1982 No Excel File
Economic Trends Annual Supplement 1983 Edition No Excel File
UK National Accounts 1983 No Excel File
Economic Trends Annual Supplement 1984 Edition No Excel File
United Kingdom National Accounts 1984 No Excel File
Input-Output Tables for the United Kingdom 1984
Economic Trends Annual Supplement 1985 Edition No Excel File
United Kingdom National Accounts 1985 No Excel File
Economic Trends Annual Supplement 1986 Edition No Excel File
United Kingdom National Accounts 1986 No Excel File
Economic Trends Annual Supplement 1987 Edition No Excel File
United Kingdom National Accounts 1987 No Excel File
Economic Trends Annual Supplement 1988 Edition No Excel File
United Kingdom National Accounts 1988 No Excel File
Economic Trends Annual Supplement 1989 Edition No Excel File
United Kingdom National Accounts 1989 No Excel File
UK Input-Output Analytical Tables 1990 No PDF File
Economic Trends Annual Supplement 1990 Edition No Excel File
United Kingdom National Accounts 1990 No Excel File
Economic Trends Annual Supplement 1991 Edition No Excel File
United Kingdom National Accounts 1991 No Excel File
Economic Trends Annual Supplement 1992 Edition No Excel File
United Kingdom National Accounts 1992 No Excel File
Economic Trends Annual Supplement 1993 Edition No Excel File
United Kingdom National Accounts 1993 No Excel File
Economic Trends Annual Supplement 1994 Edition No Excel File
United Kingdom National Accounts 1994 No Excel File
Economic Trends Annual Supplement 1995 Edition No Excel File
United Kingdom National Accounts 1995 No Excel File
UK Input-Output Analytical Tables 1995 - summary No PDF File
UK Input-Output Analytical Tables 1995 - detail No PDF File
Economic Trends Annual Supplement 1996 Edition No Excel File
United Kingdom National Accounts 1996 No Excel File
Economic Trends Annual Supplement 1997 Edition No Excel File
United Kingdom National Accounts 1997
Economic Trends Annual Supplement 1998 Edition No Excel File
United Kingdom National Accounts 1998
Economic Trends Annual Supplement 1999 Edition No Excel File
United Kingdom National Accounts 1999 No Excel File
Economic Trends Annual Supplement 2000 Edition No Excel File
United Kingdom National Accounts 2000 No Excel File
Economic Trends Annual Supplement 2001 Edition No Excel File
United Kingdom National Accounts 2001 No Excel File
Economic Trends Annual Supplement 2002 Edition No Excel File
United Kingdom National Accounts 2002 No Excel File
United Kingdom National Accounts 2003 No Excel File
Economic Trends Annual Supplement 2003 Edition No Excel File
Economic Trends Annual Supplement 2004 Edition No Excel File
United Kingdom National Accounts 2004
Economic Trends Annual Supplement 2005 Edition No Excel File
United Kingdom National Accounts 2005
Economic Trends Annual Supplement 2006 Edition No Excel File
United Kingdom National Accounts 2006
United Kingdom National Accounts 2007
United Kingdom National Accounts 2008
United Kingdom National Accounts 2009
United Kingdom National Accounts 2010
United Kingdom National Accounts 2011
United Kingdom National Accounts 2012
United Kingdom National Accounts 2013
United Kingdom National Accounts 2014