Five Ways to Compute the Relative Value of a U.K. Pound Amount, 1270 to Present
|In 2006, the relative price worth of £350,000.00 from 1991 is:|
|£519,000.00 using the retail price index|
|£484,000.00 using the GDP deflator|
|In 2006, the relative wage or income worth of £350,000.00 from 1991 is:|
|£649,000.00 using the average earnings|
|£689,000.00 using the per capita GDP|
|In 2006, the relative output worth of £350,000.00 from 1991 is:|
|£730,000.00 using the share of GDP|
If you need help determining which result is most appropriate for you, see Choosing the Best Indicator to Measure Relative Worth.
Lawrence H. Officer and Samuel H. Williamson,
"Five Ways to Compute the Relative Value of a UK Pound Amount, 1270 to Present," MeasuringWorth, .
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