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Public Expenditure And Private Consumption And Investment

Volume 805: debated on Tuesday 27 October 1970

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asked the Chancellor of the Exchequer whether he will state the proportions of the gross national product devoted to public expenditure, private consumption and private investment in each of the last five years for which figures are available; and whether he will give the corresponding figures for France, Germany, Italy, Sweden, Japan

EXPENDITURE AS A PERCENTAGE OF GROSS NATIONAL PRODUCT AT FACTOR COST
196419651966196719681969
Public expenditure on goods and services (current and capital)
(a) including capital expenditure of public enterprises
United Kingdom27·828·229·631·631·430·7
France24·624·624·924·824·7..
West Germany............
Italy............
Sweden31·5*32·4*33·7*35·5*37·4*..
Japan†19·520·620·520·019·4..
United States of America23·523·024·026·026·5..
(b) excluding capital expenditure of public enterprises
United Kingdom21·621·922·523·924·224·3
France18·718·618·618·718·8..
West Germany22·3*22·6*22·8*23·5*22·3*..
Italy18·3*18·6*18·4*17·4*18·0*..
Sweden24·7*25·4*27·0*28·4*30·4*..
Japan†15·516·116·015·114·8..
United States of America23·0‡22·5‡23·6‡25·6‡26·0‡..
Consumers' expenditure
United Kingdom72·972·873·172·573·273·7
France71·671·270·770·670·1..
West Germany65·065·165·967·264·4..
Italy71·370·971·872·771·3..
Sweden63·463·563·463·063·3..
Japan59·660·759·857·655·8..
United States of America68·868·367·067·067·0..
Private fixed investment
United Kingdom11·211·210·810·411·110·9
France18·619·119·419·318·9..
West Germany25·4§25·4§24·5§22·1§22·0§..
Italy21·1§18·2§17·6§18·7§18·8§..
Sweden15·515·215·915·514·8..
Japan†26·323·324·926·928·3..
United States of America15·115·515·314·714·8..
.. Not available.
* Excluding any changes in stocks.
† Figures for fixed capital formation and stocks relate to the fiscal years beginning on 1st April of the years stated.
‡ Including changes in stocks of public enterprises.
§ Including fixed investment by public enterprises.