Fact check: Claim on economic growth under Gordon Brown excludes financial crash
The comment was made at the Labour Party conference (Peter Byrne/PA)PA WireSonja Tutty4 minutes agoNews Briefings
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Chancellor John Healey said in his speech at the Labour Party conference: âEconomic growth under Gordon (Brown) was more than double the Tory years that followed.â
The comparison of economic growth under Mr Brown is accurate only when focusing on his time as chancellor and measuring the average of year-on-year growth. This excludes the period he was prime minister and therefore removes the impact of the 2008 financial crisis.
Including the period that Mr Brown was prime minister, gross domestic product (GDP) measures show the economy still grew more under him than the 14 subsequent years under the Conservative Party. However, the difference is significantly below âmore than doubleâ.
HM Treasury told the Press Association that Mr Healeyâs comment is based on Office for National Statistics (ONS) figures for GDP growth per capita, focusing on the average during Mr Brownâs time as chancellor and during the Conservativesâ 14 years in power. It said that during Mr Brownâs time in No 11 Downing Street, average annual GDP growth per capita was 2.3%, compared with 0.9% over the Conservative years.
Mr Brown was chancellor from May 1997 to June 2007. ONS figures show GDP per head growth averaged 2.3% between 1998 and 2007.
The Conservatives led the government from May 2010 to July 2024. Between 2011 and 2024, average GDP per head growth was 0.9%.
This comparison suggests economic growth during Mr Brownâs time as chancellor was 2.6 times that under the Conservatives.
The Governmentâs comparison excludes Mr Brownâs time as prime minister from June 2007 to May 2010, therefore also removing the impact of the financial crisis.
When including GDP per head growth in 2008, 2009, and 2010, the average increase under Mr Brown falls to 1.4%. This is 1.6 times the growth under the Conservatives.
It should also be noted the figure for 2007 overlaps with Mr Brownâs time as prime minister, 2010 includes the start of the Conservative-led government, and 2024 includes the start of the current Labour Government.
While annual GDP per head growth measures short-term changes and takes into account population size, overall UK GDP in cash terms can be used to measure growth over several years. The latter is available from the ONS in real terms (discounting for inflation) and broken down by quarter.
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The first full quarter during Mr Brownâs period as chancellor is the three months to September 1997, while his final measure as prime minister is the three months to March 2010 â a period of almost 13 years. Real GDP grew 27.3% between these quarters, reaching ÂŁ573.4 billion in the final measure.
The first full quarter under the Conservatives was the three months to September 2010, and the final was the three months to June 2024 â a period of almost 14 years. Real GDP grew 24.3% across this period, reaching ÂŁ726.1 billion.
This approach includes the impact of the financial crisis as well as the Covid-19 pandemic, and suggests the economy under Mr Brownâs time as chancellor and prime minister did not grow at more than twice the rate under the Conservatives.
It should be noted that Mr Brownâs time in Numbers 10 and 11 Downing Street was slightly shorter than the Conservativesâ time in power.
GDP per head is also available by quarter and in cash terms. These figures show GDP per head in 2024 terms rose 18.6% under Mr Brown, from ÂŁ7,718 in the three months to September 1997 to ÂŁ9,155 in the three months to March 2010.
It was a larger increase than the 12.9% growth under the Conservatives â rising from ÂŁ9,286 per head in the three months to September 2010 to ÂŁ10,484 in the three months to June 2024.
Labour Party â John Healeyâs speech to Labour Party conference 2026 (archived)
UK Parliament â Mr Gordon Brown (archived)
ONS â GDP (Average) per head, annual growth: CVM SA % (archived page, spreadsheet download, and analysis)
House of Commons research briefing â Prime Ministers (archived)
ONS â GDP: CVM: SA ÂŁm (archived page, spreadsheet download, and analysis)
ONS â GDP (Average) per head: CVM: SA ÂŁm (archived page, spreadsheet download, and analysis)
Reported by standard.co.uk.
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