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Mr. Nicholas Edwards
asked the Secretary of State for Wales if he will publish a table showing indices of gross domestic product in Wales and the United Kingdom for each year since 1970 and for each quarter since the first quarter of 1973.
Mr. John Morris
The latest year for which an estimate of gross domestic product is available for Wales in 1972. Quarterly estimates of Welsh gross domestic product are not compiled. The indices in the following table are at current prices:
GROSS DOMESTIC PRODUCT AT FACTOR COST* (1970=100) | |||
1970 | 1971 | 1972 | |
Wales | 100 | 111·4 | 126·6 |
United Kingdom | 100 | 111·4 | 125·4 |
* Both sets of indices are based upon gross domestic product derived by summing factor incomes. |