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Economy: Manufacturing

Volume 716: debated on Thursday 28 January 2010

Question

Asked by

To ask Her Majesty's Government further to the answer by the Lord President (Lord Mandelson) (Official Report, 21/1/10; col. 1104), what were the figures for each of the last 10 years in support of the statement that “in terms of value and volume over the past 10 years, the manufacturing sector has maintained its strength and presence in the UK economy as a whole”. [HL1492]

To ask Her Majesty's Government what was the gross value added from manufacturing as a share of total value added for the whole economy in the last ten years. [HL1493]

ONS figures for manufacturing output (gross value added (GVA)) in volume and value terms for 1999 to 2008, the most recent ten years for which complete figures were available on 21 January 2010, are as shown below:

1999

2000

2001

2002

2003

2004

2005

2006

2007

2008

Value (£bn, Current prices)1

151.2

150.0

149.2

146.3

144.8

145.7

148.1

152.1

154.9

160.2

Manufacturing as of economy2

18.4

17.4

16.4

15.3

14.3

13.6

13.3

12.9

12.4

12.4

Volume, (Index, 2005=100)

99.6

101.8

100.5

98.3

98.0

100.2

100.0

101.6

102.2

99.2

1 The 1999-2007 figures for manufacturing gross value added at current prices are taken from the ONS's fully balanced UK National Accounts figures. The 2008 figure is an early estimate by ONS, as the fully balanced National Accounts data for 2008 won't be available until July 30 2010.

2 These figures are calculated using figures for GVA at current basic prices.