HC Deb 23 June 1959 vol 607 c1003
10. Mr. Oram

asked the Chancellor of the Exchequer what has been the average annual growth of the United Kingdom's gross national product at constant prices since 1951.

Mr. Amory

About 2 per cent. per annum.

Mr. Oram

Is the right hon. Gentleman aware that, according to United Nations statistics recently published, that figure compares most unfavourably with those of other Western countries, being only about one-third as good as Western Germany, for instance, and half as good as most other countries? Is that not a melancholy result of the Government's economic policy over the years?

Mr. Amory

I cannot feel that it is. Before one accepts the relevance of this comparison one has* to compare the starting points in each case.