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Alternative Measures to GDP

21 April 2026

Lead MP

Roz Savage
South Cotswolds
Lib Dem

Responding Minister

Torsten Bell

Tags

NHSEconomyMental Health
Word Count: 4443
Other Contributors: 4

At a Glance

Roz Savage raised concerns about alternative measures to gdp in Westminster Hall. A government minister responded.

Key Requests to Government:

The Government should integrate ONS wellbeing metrics into spending decisions alongside GDP, require natural capital accounting in major infrastructure decisions, and introduce a parliamentary committee focused on long-term national well-being.

How the Debate Unfolded

MPs spoke in turn to share their views and ask questions. Here's what each person said:

Lead Contributor

Roz Savage Lib Dem
South Cotswolds
Opened the debate
GDP is an imperfect measure that fails to account for the well-being of people, distribution of wealth, environmental health, public goods, and long-term sustainability. It does not capture whether people feel safe or if society is fair. GDP also distorts measures of economic activity by counting harmful outcomes such as increased crime and healthcare spending without addressing underlying issues. Moreover, it lacks mechanisms to account for the harm to future generations and promotes short-term thinking.

Government Response

Torsten Bell
Government Response
Bell acknowledged that GDP is not a perfect measure but argued it remains central to understanding economic performance, especially given its strong correlations with other important factors such as health outcomes. He noted the UK's recent GDP growth and criticised previous governments for slashing public investment despite focusing on GDP growth. Bell emphasised the need for continued house building to address housing affordability issues affecting younger generations. He supported broader measures of wealth distribution and natural capital but maintained that GDP remains crucial due to its direct impact on income, business revenues, and tax bases funding public services.
Assessment & feedback
Summary accuracy

About Westminster Hall Debates

Westminster Hall debates are a chance for MPs to raise important issues affecting their constituents and get a response from a government minister. Unlike Prime Minister's Questions, these debates are more in-depth and collaborative. The MP who secured the debate speaks first, other MPs can contribute, and a minister responds with the government's position.