§ Mr. Gryllsasked the Chancellor of the Exchequer what was the total interest paid on all public sector borrowings, as a percentage of gross national product, during each of the years 1947, 1957, 1967 and 1977.
§ Mr. Joel BarnettFigures are given in the table below. The figure for 1977 covers the first three quarters only; the percentage is the same on a seasonally-adjusted or unadjusted basis. Information for the fourth quarter and for the year as a whole will be available at mid-March.
Public sector debt interest as a percentage of gross national product at factor cost 1947 6.0 1957 4.8 1967 4.9 1977 (Jan.-Sept.) 6.0