prephil - You're also getting some terms crossed. "NPT" isn't a pipe size, it's a thread designation.
In the early days of manufacturing, pipe was designated from the ID. It was determined (pretty quickly) that the wall thicknesses that were being produced were big-time overkill. In order to reduce the wall thickness, the ID was increased, rather than the OD being decreased. I suspect the reasoning was that there was already quite a large installed base of piping. To increase the OD of pipe would mean all of the existing fittings, valves, dies, connected equipment in plants, locomotives, ships etc would be obsolete overnight. Not happening. This is why there isn't one dimension on 3/4" pipe - of any wall thickness - that is 3/4". This is true up to 12" pipe. For that pipe size and below, everything is nominal. I suspect something similar is true of British pipe. Additionally, ANSI pipe and BSP are not the same dimension.
NPT thread that is the standard in the US & Canada was originally called "Briggs thread", after it's inventor. Interestingly, Briggs was an Englishman who returned to the UK, and I believe, developed the British standard pipe thread there. Both the US and UK pipe & threads are dimensionally close to each other, but yet are NOT the same. And trust me, while they are CLOSE, they are very much NOT close enough to work together. Ask me how I know that
