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Gross Domestic Product

Volume 164: debated on Monday 8 January 1990

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To ask the Chancellor of the Exchequer what is the latest figure he has for the percentage that taxation represents of the gross domestic product; and what was the comparable figure in 1979.

The information is given below.

Taxes as percentage GDP1
per cent.
197928·3
198830·4
1 Taxes cover taxes on income, expenditure (including local authority rates) and capital. GDP is GDP(A) at market prices.