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Most existing installations don't pass current standards but are not dangerous.
I thought that was the same with gas, in that you get a bunch of safety warnings on an existing install that don't need remedying but the owner should be aware of.
Howard-
It's complicated. I don't know enough about the gas safety cert requirements to make a proper comparison.
It seems to me from the electrical side that a condition report is very different from a gas safety cert and an electrician is only required to remedy very few dangerous faults or shut the system down if the owner refuses to have the fault rectified immediately.
Airhead
Electrical certification is a more complex subject. Most existing installations don't pass current standards but are not dangerous. If you wanted to increase GDP you could insist that all installations need to meet current standards, then you would probably need to train 1 in 5 of the population to be electricians!