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Mr. Carter
asked the Chancellor of the Exchequer if he will publish in the Official Report the percentage of GNP going into investment and consumption for each of the past 15 years.
Mr. Denzil Davies
The following table shows gross domestic fixed capital formation—investment—and the total of consumers' expenditure and of public authorities' current expenditure on goods and services—consumption—as a percentage of gross national product at market prices:
Year | Investment | Consumption |
1960 | 16·3 | 82·2 |
1961 | 17·1 | 81·5 |
1962 | 16·7 | 82·5 |
1963 | 16·3 | 82·3 |
1964 | 18·0 | 80·4 |
1965 | 18·0 | 80·2 |
1966 | 18·0 | 80·3 |
1967 | 18·6 | 80·7 |
1968 | 18·7 | 80·3 |
1969 | 18·3 | 79·3 |
1970 | 18·3 | 79·0 |
1971 | 18·2 | 79·5 |
1972 | 18·2 | 81·1 |
1973 | 19·0 | 80·2 |
1974 | 19·7 | 82·9 |
1975* | 19·6 | 83·3 |
* Preliminary estimate |