Five Ways to Compute the Relative Value of a U.K. Pound Amount, 1270 to Present
| In 2018, the relative price worth of £5000 0s 0d from 1902 is: |
| £533,000.00 using the retail price index |
| £538,000.00 using the GDP deflator |
| In 2018, the relative wage or income worth of £5000 0s 0d from 1902 is: |
| £1,950,000.00 using the average earnings |
| £3,280,000.00 using the per capita GDP |
| In 2018, the relative output worth of £5000 0s 0d from 1902 is: |
| £5,630,000.00 using the GDP |
If you need help determining which result is most appropriate for you, see Choosing the Best Measure of 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, .
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