HC Deb 26 February 1976 vol 906 c335W
Mr. Carter

asked the Chancellor of the Exchequer if he will publish in the Official Report the latest figures for the percentage of gross national product devoted to investment and consumption for the United Kingdom and each of the OECD countries.

Mr. Denzil Davies

The following table shows gross domestic fixed capital formation and the total of public and private consumption as a percentage of gross national product in purchasers' values for 1973, the latest year generally available:

Gross domestic fixed capital formation Public and private consumption
United Kingdom 19.8 83.0
Canada 22.5 77.1
United States 18.1 80.4
Austria 31 5 67.4
Denmark 23.5 78.2
Finland 28.3 69.1
West Germany 24.7 71.5
Italy 21.1 78.9
Netherlands 23.7 71.4
Norway 30.5 70.2
Turkey* 17.0 83.0
Japan 36.7 60.0
Australia 23.7 71.5
New Zealand 21.8 74.7
Belgium 20.5 74.7
France 24.5 72.9
Greece* 27.0 77.4
Iceland 311 72.1
Irish Republic 22.0 81.2
Luxembourg 26.9 64.5
Portugal 20.0 85.1†
Spain 21.8 78.3
Sweden 220 75.6
Switzerland 27.9 68.6
Yugoslavia 22.9 64.4
Source: National Accounts of OECD Countries 1962–73.
*Relates to 1972. 1973 figures are not available.
†Private consumption expenditure is obtained as a residual in the national accounts of Portugal.