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National Debt

Volume 892: debated on Friday 16 May 1975

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asked the Chancellor of the Exchequer if he will publish in the Official Report a table showing for each year since 1945 the national debt on a per capita and per family basis.

Following is the table:

National debt per capitaNational debt per household
££
1945455
1946480
1947518
1948512
1949500
1950510
19515131,741
1952510
1953512
1954521
1955526
1956526
1957523
1958525
1959525
1960528
19615331,704
1962536
1963555
1964558
1965558
19665721,805
1967580
1968617
1969611
1970593
19716001,796
1972641
1973658
1974716
1975818

National debt per capita: Net total national debt outstanding at 31st March, in nominal terms, divided by mid-year estimates of total population of United Kingdom. The population figures used for 1974 and 1975 are projections from a 1973 base. Source: Annual Abstract of Statistics.

National debt per household: Net total national debt outstanding at 31st March, in nominal terms, divided by estimates of households as defined in the Census of Population and relating to census dates. Statistics of the number of families are not appropriate to use in this calculation and those for households are available only for census years. Source: Annual Abstract of Statistics and Office of Population Censuses and Surveys.