§ 24. Mr. Shepherdasked the Chancellor of the Exchequer the percentages of the national income and the revenue 189 taken by defence needs in the years 1938 and 1952, respectively.
§ Mr. Boyd-CarpenterDefence expenditure was about 7½ per cent. of the gross national product in 1938–39 and 12 per cent. in 1952–53. It was about 41 per cent. of total ordinary revenue in 1938–39 and 38 per cent. in 1952–53. These proportions are based on the definition of defence expenditure used internationally by the North Atlantic Treaty Organisation.