£100 in 1767 → £15,255.00 in 2016

UK Inflation Calculator

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UK Inflation Rate, 1767-2016 (£100)

According to the Office for National Statistics composite price index, the pound experienced an average inflation rate of 2.04% per year. Prices in 2016 are 15155.0% higher than prices in 1767.

In other words, £100 in the year 1767 is equivalent in purchasing power to £15,255.00 in 2016, a difference of £15,155.00 over 249 years.

The inflation rate in 2016 was 1.70%.

Inflation from 1767 to 2016
Cumulative price change 15155.00%
Average inflation rate 2.04%
Price difference (£100 base) £15,155.00
CPI in 1767 6.8
CPI in 2016 1037.34


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


How to calculate the inflation rate for £100, 1767 to 2016

Start with the inflation rate formula:

CPI in 2016 / CPI in 1767 * 1767 GBP value = 2016 GBP value

Then plug in historical CPI values. The UK CPI was 6.8 in the year 1767 and 1037.34 in 2016:

1037.34 / 6.8 * £100 = £15,255.00

£100 in 1767 has the same "purchasing power" as £15,255.00 in 2016.


Inflation Data Source

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: “1767 pounds in 2016 | UK Inflation Calculator.” FinanceRef Inflation Calculator, Alioth Finance, 15 Feb. 2018, http://www.in2013dollars.com/1767-GBP-in-2016.


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