U.K. to include prostitution, drugs in official economy estimates
Clear skies above the parliament clock tower that holds the bell known as Big Ben in London, Monday, Sept. 2, 2013. (AP / Alastair Grant)
The Associated Press
Published Friday, May 30, 2014 6:22AM EDT
LONDON -- Sex please -- we're British.
Britain's Office of National Statistics says prostitution and the import, manufacture and consumption of illegal drugs should be counted when making the government's quarterly calculations of gross domestic product.
The UK statistics agency says some of these activities are legal in certain European Union countries, and comparable figures are needed. At the moment, the only illegal activities included in GDP are estimates on alcohol and tobacco smuggling.
The ONS said Friday that the new estimates would add approximately 10 billion pounds ($16.7 billion) to the level of GDP in 2009.
ONS Chief Economic Adviser Joe Grice says that as economies develop and evolve, "so do the statistics we use to measure them."
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