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£100 in 1751 → £12,852.00 in 1998

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£100 in 1751 → £12,852.00 in 1998

UK Inflation Rate, £100 in 1751 to 1998

According to the Office for National Statistics composite price index, prices in 1998 are 12,752.00% higher than average prices throughout 1751. The pound experienced an average inflation rate of 1.99% per year during this period, meaning the real value of a dollar decreased.

In other words, £100 in 1751 is equivalent in purchasing power to about £12,852.00 in 1998, a difference of £12,752.00 over 247 years.

The 1751 inflation rate was -1.96%. The inflation rate in 1998 was 3.43%. The 1998 inflation rate is higher compared to the average inflation rate of 2.69% per year between 1998 and 2019.

⌃
Inflation from 1751 to 1998
Cumulative price change 12,752.00%
Average inflation rate 1.99%
Converted amount (£100 base) £12,852.00
Price difference (£100 base) £12,752.00
CPI in 1751 5.000
CPI in 1998 642.600
Inflation in 1751 -1.96%
Inflation in 1998 3.43%

UK inflation chart from 1988 to 2017. Based on the UK Consumer Price Index.

Buying power of £100 in 1751

This chart shows calculation of buying power equivalence, often referred to as "the value of a pound" over time for £100 in 1751 (price index tracking began in 1750).

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According to the Office for National Statistics, each of these GBP amounts below is equal in terms of what it could buy at the time:

Year Pound Value Inflation Rate
1751 £100.00 -1.96%
1752 £104.00 4.00%
1753 £102.00 -1.92%
1754 £106.00 3.92%
1755 £100.00 -5.66%
1756 £104.00 4.00%
1757 £126.00 21.15%
1758 £126.00 0.00%
1759 £116.00 -7.94%
1760 £112.00 -3.45%
1761 £106.00 -5.36%
1762 £110.00 3.77%
1763 £114.00 3.64%
1764 £124.00 8.77%
1765 £128.00 3.23%
1766 £130.00 1.56%
1767 £136.00 4.62%
1768 £134.00 -1.47%
1769 £124.00 -7.46%
1770 £124.00 0.00%
1771 £134.00 8.06%
1772 £148.00 10.45%
1773 £148.00 0.00%
1774 £150.00 1.35%
1775 £140.00 -6.67%
1776 £138.00 -1.43%
1777 £138.00 0.00%
1778 £142.00 2.90%
1779 £130.00 -8.45%
1780 £126.00 -3.08%
1781 £132.00 4.76%
1782 £134.00 1.52%
1783 £150.00 11.94%
1784 £152.00 1.33%
1785 £144.00 -5.26%
1786 £144.00 0.00%
1787 £144.00 0.00%
1788 £150.00 4.17%
1789 £148.00 -1.33%
1790 £150.00 1.35%
1791 £150.00 0.00%
1792 £152.00 1.33%
1793 £156.00 2.63%
1794 £170.00 8.97%
1795 £188.00 10.59%
1796 £200.00 6.38%
1797 £180.00 -10.00%
1798 £176.00 -2.22%
1799 £198.00 12.50%
1800 £270.00 36.36%
1801 £302.00 11.85%
1802 £232.00 -23.18%
1803 £220.00 -5.17%
1804 £226.00 2.73%
1805 £262.00 15.93%
1806 £252.00 -3.82%
1807 £246.00 -2.38%
1808 £256.00 4.07%
1809 £280.00 9.37%
1810 £288.00 2.86%
1811 £280.00 -2.78%
1812 £318.00 13.57%
1813 £326.00 2.52%
1814 £284.00 -12.88%
1815 £254.00 -10.56%
1816 £232.00 -8.66%
1817 £264.00 13.79%
1818 £264.00 0.00%
1819 £258.00 -2.27%
1820 £234.00 -9.30%
1821 £206.00 -11.97%
1822 £178.00 -13.59%
1823 £190.00 6.74%
1824 £206.00 8.42%
1825 £242.00 17.48%
1826 £228.00 -5.79%
1827 £214.00 -6.14%
1828 £208.00 -2.80%
1829 £206.00 -0.96%
1830 £198.00 -3.88%
1831 £218.00 10.10%
1832 £202.00 -7.34%
1833 £190.00 -5.94%
1834 £174.00 -8.42%
1835 £178.00 2.30%
1836 £198.00 11.24%
1837 £202.00 2.02%
1838 £204.00 0.99%
1839 £218.00 6.86%
1840 £222.00 1.83%
1841 £218.00 -1.80%
1842 £200.00 -8.26%
1843 £178.00 -11.00%
1844 £178.00 0.00%
1845 £186.00 4.49%
1846 £194.00 4.30%
1847 £218.00 12.37%
1848 £190.00 -12.84%
1849 £178.00 -6.32%
1850 £168.00 -5.62%
1851 £162.00 -3.57%
1852 £162.00 0.00%
1853 £178.00 9.88%
1854 £204.00 14.61%
1855 £210.00 2.94%
1856 £210.00 0.00%
1857 £200.00 -4.76%
1858 £182.00 -9.00%
1859 £180.00 -1.10%
1860 £186.00 3.33%
1861 £190.00 2.15%
1862 £186.00 -2.11%
1863 £180.00 -3.23%
1864 £178.00 -1.11%
1865 £180.00 1.12%
1866 £190.00 5.56%
1867 £202.00 6.32%
1868 £200.00 -0.99%
1869 £190.00 -5.00%
1870 £190.00 0.00%
1871 £192.00 1.05%
1872 £200.00 4.17%
1873 £208.00 4.00%
1874 £200.00 -3.85%
1875 £196.00 -2.00%
1876 £196.00 0.00%
1877 £194.00 -1.02%
1878 £190.00 -2.06%
1879 £182.00 -4.21%
1880 £188.00 3.30%
1881 £186.00 -1.06%
1882 £188.00 1.08%
1883 £186.00 -1.06%
1884 £182.00 -2.15%
1885 £176.00 -3.30%
1886 £174.00 -1.14%
1887 £172.00 -1.15%
1888 £174.00 1.16%
1889 £176.00 1.15%
1890 £176.00 0.00%
1891 £178.00 1.14%
1892 £178.00 0.00%
1893 £176.00 -1.12%
1894 £174.00 -1.14%
1895 £172.00 -1.15%
1896 £170.00 -1.16%
1897 £174.00 2.35%
1898 £174.00 0.00%
1899 £176.00 1.15%
1900 £184.00 4.55%
1901 £184.00 0.00%
1902 £184.00 0.00%
1903 £186.00 1.09%
1904 £186.00 0.00%
1905 £186.00 0.00%
1906 £186.00 0.00%
1907 £188.00 1.08%
1908 £188.00 0.00%
1909 £190.00 1.06%
1910 £192.00 1.05%
1911 £192.00 0.00%
1912 £198.00 3.13%
1913 £196.00 -1.01%
1914 £196.00 0.00%
1915 £220.00 12.24%
1916 £260.00 18.18%
1917 £326.00 25.38%
1918 £398.00 22.09%
1919 £438.00 10.05%
1920 £506.00 15.53%
1921 £462.00 -8.70%
1922 £398.00 -13.85%
1923 £374.00 -6.03%
1924 £372.00 -0.53%
1925 £372.00 0.00%
1926 £370.00 -0.54%
1927 £360.00 -2.70%
1928 £360.00 0.00%
1929 £356.00 -1.11%
1930 £346.00 -2.81%
1931 £332.00 -4.05%
1932 £324.00 -2.41%
1933 £316.00 -2.47%
1934 £316.00 0.00%
1935 £318.00 0.63%
1936 £320.00 0.63%
1937 £332.00 3.75%
1938 £336.00 1.20%
1939 £346.00 2.98%
1940 £404.00 16.76%
1941 £448.00 10.89%
1942 £480.00 7.14%
1943 £496.00 3.33%
1944 £510.00 2.82%
1945 £524.00 2.75%
1946 £540.00 3.05%
1947 £578.00 7.04%
1948 £622.00 7.61%
1949 £640.00 2.89%
1950 £660.00 3.13%
1951 £720.00 9.09%
1952 £786.00 9.17%
1953 £810.00 3.05%
1954 £826.00 1.98%
1955 £862.00 4.36%
1956 £906.00 5.10%
1957 £938.00 3.53%
1958 £968.00 3.20%
1959 £972.00 0.41%
1960 £982.00 1.03%
1961 £1,016.00 3.46%
1962 £1,060.00 4.33%
1963 £1,080.00 1.89%
1964 £1,116.00 3.33%
1965 £1,168.00 4.66%
1966 £1,214.00 3.94%
1967 £1,246.00 2.64%
1968 £1,304.00 4.65%
1969 £1,374.00 5.37%
1970 £1,462.00 6.40%
1971 £1,600.00 9.44%
1972 £1,714.00 7.13%
1973 £1,870.00 9.10%
1974 £2,170.00 16.04%
1975 £2,696.00 24.24%
1976 £3,142.00 16.54%
1977 £3,640.00 15.85%
1978 £3,942.00 8.30%
1979 £4,470.00 13.39%
1980 £5,274.00 17.99%
1981 £5,900.00 11.87%
1982 £6,408.00 8.61%
1983 £6,702.00 4.59%
1984 £7,036.00 4.98%
1985 £7,464.00 6.08%
1986 £7,718.00 3.40%
1987 £8,040.00 4.17%
1988 £8,434.00 4.90%
1989 £9,090.00 7.78%
1990 £9,950.00 9.46%
1991 £10,534.00 5.87%
1992 £10,928.00 3.74%
1993 £11,102.00 1.59%
1994 £11,370.00 2.41%
1995 £11,764.00 3.47%
1996 £12,048.00 2.41%
1997 £12,426.00 3.14%
1998 £12,852.00 3.43%
1999 £13,050.00 1.54%
2000 £13,436.00 2.96%
2001 £13,674.00 1.77%
2002 £13,902.00 1.67%
2003 £14,304.00 2.89%
2004 £14,730.00 2.98%
2005 £15,146.00 2.82%
2006 £15,630.00 3.20%
2007 £16,300.00 4.29%
2008 £16,950.00 3.99%
2009 £16,860.00 -0.53%
2010 £17,638.00 4.61%
2011 £18,556.00 5.20%
2012 £19,152.00 3.21%
2013 £19,734.00 3.04%
2014 £20,200.00 2.36%
2015 £20,400.00 0.99%
2016 £20,754.00 1.74%
2017 £21,498.00 3.58%
2018 £22,031.87 2.48%
2019 £22,428.44 1.80%*
* Compared to previous annual rate. Not final. See inflation summary for latest 12-month trailing value.
Click to show 241 more rows

How to Calculate Inflation Rate for £100, 1751 to 1998

This inflation calculator uses the following inflation rate formula:

CPI in 1998CPI in 1751
×
1751 GBP value
=
1998 GBP value

Then plug in historical CPI values. The UK CPI was 5 in the year 1751 and 642.6 in 1998:

642.65
×
£100
=
£12,852.00

£100 in 1751 has the same "purchasing power" or "buying power" as £12,852.00 in 1998.

To get the total inflation rate for the 247 years between 1751 and 1998, we use the following formula:

CPI in 1998 - CPI in 1751CPI in 1751
×
100
=
Cumulative inflation rate (247 years)

Plugging in the values to this equation, we get:

642.6 - 55
×
100
=
12,752%

Data Source & Citation

Raw data for these calculations comes from the composite price index published by the UK Office for National Statistics (ONS). A composite index is created by combining price data from several different published sources, both official and unofficial. The Consumer Price Index, normally used to compute inflation, has only been tracked since 1988. All inflation calculations after 1988 use the Office for National Statistics' Consumer Price Index, except for 2017, which is based on The Bank of England's forecast.

You may use the following MLA citation for this page: “1751 pounds in 1998 | UK Inflation Calculator.” U.S. Official Inflation Data, Alioth Finance, 18 Nov. 2019, https://www.officialdata.org/1751-GBP-in-1998.

Special thanks to QuickChart for providing downloadable chart images.

in2013dollars.com is a reference website maintained by the Official Data Foundation.

About the author

Ian Webster is an engineer and data expert based in San Mateo, California. He has worked for Google, NASA, and consulted for governments around the world on data pipelines and data analysis. Disappointed by the lack of clear resources on the impacts of inflation on economic indicators, Ian believes this website serves as a valuable public tool. Ian earned his degree in Computer Science from Dartmouth College.

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» Read more about inflation and investment.

Inflation from 1751 to 1998
Cumulative price change 12,752.00%
Average inflation rate 1.99%
Converted amount (£100 base) £12,852.00
Price difference (£100 base) £12,752.00
CPI in 1751 5.000
CPI in 1998 642.600
Inflation in 1751 -1.96%
Inflation in 1998 3.43%
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