§ 103. Mr. Carter
asked the Chancellor of the Exchequer what was the average level of investment, as a percentage of gross national product, in industry during the periods 1951 to 1964 and 1964 to 1969.
§ Mr. Higgins
Gross domestic fixed capital formation by all industries except dwellings and public services amounted on average to about 12 per cent. of gross national product at factor cost for the period 1951 to 1964, and to 13.4 per cent. for the period 1964 to 1969.