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Resources (Supply And Use)

Volume 929: debated on Tuesday 5 April 1977

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asked the Chancellor of the Exchequer if he will publish a table, in the same form as his answer to the hon. Member for Cirencester and Tewkesbury (Mr. Ridley) on 10th March 1977, showing the supply and use of resources in demand terms in 1973 at 1973 factor

THE SUPPLY AND USE OF RESOURSE IN DEMAND TERMS
£ million
1973 at 1973 factor cost prices1976 at 1976 factor cost prices
A. SUPPLY OF RESOURSE
1. Gross domestic product (GDP)63,675107,000
2. Net flow of resources into (+) or out of (-)-2,175-2,300
3. Available for domestic use65,850109,300
B. DOMESTIC USES OF RESOURSE
1. Investment
(a) Private investment8,3759,825
(b) Nationlised industries' investment1,7753,600
2. Available for other public expenditure and private consumption55,70095,875
C. USES OF RESOURSE
1. Public expenditure
(a)Public consumption12,77525,000
(b)Other Public investment3,5505,725
(c)Total direct public expenditure16,30030,700
(d) Indirect public expenditure7,05013,850
(e)Total public expenditure23,35044,550
2. Personal consumption
(a) Privately financed personal consumption32,35051,325
(b) Public financed personal consumption7,05013,850
(c) Total personal consumption39,40065,175
Note: Figures may not add due to rounding