§ Mr. David Howellasked the Chancellor of the Exchequer if he will publish the average share of each major use of resources in the gross domestic product for as long a period between 1960 and 1976 as the data permit, using the classification of the growth and use of resources employed in the projections given in successive Public Expenditure White Papers.
§ Mr. Joel BarnettThe figures for 1970 to 1976 are given below. Figures for earlier years could be calculated only at considerable cost.
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PERCENTAGE SHARES IN GROSS DOMESTIC PRODUCT* IN DEMAND TERMS AT 1970 FACTOR COST PRICES 1970 1971 1972 1973 1974 1975 1976 Per cent. Average 1970–76 A. Supply of Resources 1. Net flow of resources into (+) or out of (−) balance of trade −0.1 0.4 −2.0 −2.4 −0.7 0.1 0.6 −0.6 2. Available for domestic use 100.0 100.4 101.6 102.4 100.7 100.7 99.7 100.8 B. Domestic Uses of Resources 1. Investment: (a) Private investment 10.7 9.9 9.6 12.6 11.6 8.0 8.3 10.1 (b) Nationalised industries' investment 3.2 3.4 2.9 2.7 2.6 3.5 3.1 3.1 2. Available for other public expenditure and private consumption 86.0 87.1 89.2 87.1 86.6 89.3 88.3 87.7 C. Uses of Resources for Other Public Expenditure and Private Consumption 1. Public expenditure: (a) Public consumption 19.3 19.5 19.8 19.5 19.8 21.3 21.6 20.1 (b) Other public investment 5.2 5.2 5.2 4.9 4.9 5.0 4.8 5.0 (c) Total direct public expenditure 24.5 24.7 25.0 24.4 24.7 26.3 26.5 25.2 (d) Indirect public expenditure 10.5 10.3 11.4 11.6 13.8 14.1 13.9 12.2 (e) Total public expenditure 35.0 35.0 36.5 36.0 38.5 40.3 40.4 37.4 2. Personal consumption: (a) Privately financed consumption 51.0 52.0 52.7 51.1 48.1 48.9 47.9 50.2 (b) Publicly financed personal consumption 10.5 10.3 11.4 11.6 13.8 14.1 13.9 12.2 (c) Total personal consumption 61.6 62.4 64.2 62.7 61.9 63.0 61.9 62.5 * Figures may not add due to rounding and to compromise GDP adjustment.