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Mr. Wyn Roberts
asked the Chancellor of the Exchequer what proportion of the gross national income was taken up by (a) governmental services, (b) employers and (c) employees in each of the following periods: 1964 to 1970, 1970 to 1974 and 1974 to the latest available date.
Mr. Denzil Davies
The proportion of gross national product—GNP—taken up by general Government consumption and the proportion of GNP generated in the form of income from employment in each year since 1964 are given in the following table:
General Government final consumption as percentage of GNP at market prices* | Income from employment as percentage of GNP at factor cost† | |||
1964 | … | … | 16·3 | 67·1 |
1965 | … | … | 16·6 | 67·2 |
1966 | … | … | 16·9 | 68·5 |
1967 | … | … | 17·8 | 68·1 |
1968 | … | … | 17·5 | 67·7 |
1969 | … | … | 17·0 | 67·2 |
1970 | … | … | 17·4 | 68·6 |
1971 | … | … | 17·7 | 68·2 |
1972 | … | … | 18·3 | 67·9 |
1973 | … | … | 18·0 | 67·5 |
1974 | … | … | 19·8 | 71·5 |
1975 | … | … | 22·1 | 73·7 |
1976 | … | … | 21·5 | 71·4 |
1977 | … | … | 20·7 | 70·0 |
1978 1st half | … | … | 20·6 | 70·3 |
* Expenditure based measure of GNP at market prices. | ||||
† Income based measure of GNP at factor cost. |
Economic Trends.