§ 69. Mr. Dixonasked the Chancellor of the Exchequer if he will publish in the OFFICIAL REPORT a table showing the gross national product per head of population in each of the 20 leading nations, including Great Britain, in 1964 and the comparable figures in 1969, from information available from international sources.
§ Mr. Maurice MacmillanThe figures requested are given in the table below. They have been converted from national currencies into United States dollars at the current exchange rates, but this does not necessarily give a comparison of differences in the standard of living as it makes no allowance for the differences in internal prices. Any comparison between 1964 and 1968 is also affected both by price changes and changes in exchange rates.
GROSS NATIONAL PRODUCT AT MARKET PRICES PER HEAD OF POPULATION (U.S. dollars) 1964 1968 Australia* … 1,960 2,480 Austria … 1,190 1,550 Belgium … 1,680 2,160 Canada … 2,270 3,010 Denmark … 1,920 2,540 Finland … 1,590 1,710 France … 1,930 2,530 Germany … 1,790 2,200 Greece … 620 860 Ireland … 910 1,020 Italy … 1,050 1,390 Japan … 820 1,400 Netherlands … 1,420 1,980 New Zealand† … 1,870 1,770 Norway … 1,720 2,360 Spain … 580 770 Sweden … 2,440 3,230 Switzerland … 2,190 2,790 United States … 3,350 4,380 United Kingdom … 1,720 1,860 * Figures relate to fiscal years beginning 1st July. † Figures relate to year beginning 1st April.