Five Ways to Compute the Relative Value of a U.K. Pound Amount, 1270 to Present

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In 2016, the relative price worth of £0 12s 0d from 1896 is:
£63.70 using the retail price index
£64.30 using the GDP deflator
In 2016, the relative wage or income worth of £0 12s 0d from 1896 is:
£249.00 using the average earnings
£410.00 using the per capita GDP
In 2016, the relative output worth of £0 12s 0d from 1896 is:
£741.00 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.



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Citation

Lawrence H. Officer and Samuel H. Williamson, "Five Ways to Compute the Relative Value of a UK Pound Amount, 1270 to Present," MeasuringWorth, .

URL: www.measuringworth.com/ukcompare/


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