The text on this page has been created from Hansard archive content, it may contain typographical errors.
Mr. John Marshall
To ask the Chancellor of the Exchequer what was the interest on the national debt as a percentage of gross domestic product during the past five years and in 1978–79.
Mr. Maples
Figures for both gross and net general Government debt interest during the past five years and in 1978–79 as a percentage of gross domestic product are given below:
| General Government debt interest as percentage of gross domestic product | ||
| Gross | Net1 | |
| 1978–79 | 4·3 | 2·6 |
| 1986–87 | 4·5 | 3·0 |
| 1987–88 | 4·2 | 2·8 |
| 1988–89 | 3·8 | 2·5 |
| 1989–90 | 3·6 | 2·2 |
| 1990–91 | 3·3 | 2·1 |
| 1 Interest payments by general government less interest receipts. | ||