Skip to main content

Fixed Investment

Volume 128: debated on Wednesday 2 March 1988

The text on this page has been created from Hansard archive content, it may contain typographical errors.

To ask the Chancellor of the Duchy of Lancaster which Organisation for Economic Co-operation and Development countries spend a greater proportion of their gross domestic product on fixed investment than the United Kingdom.

Comparisons for most OECD countries are readily available only for 1985. In that year the following OECD countries spent a greater proportion of their GDP on gross fixed capital formation than the United Kingdom:

Australia, Austria, Canada, Denmark, Finland, France, Germany, Iceland, Ireland, Italy, Japan, Luxembourg, Netherlands, New Zealand, Norway, Portugal, Spain, Sweden, Turkey, United States. The United Kingdom spent 17 per cent. gross domestic product on fixed investment, compared with an OECD average of 20 per cent., an EEC average of 19 per cent., and 19 per cent. in the United States of America.

Source: OECD National Accounts.