HC Deb 25 June 1979 vol 969 c52W
Mr. Michael Brown

asked the Chancellor of the Exchequer what proportion of gross domestic product was accounted for by the public sector borrowing requirement for each of the years 1970 to 1978.

Mr. Biffen

The information requested is presented below:

Public sector borrowing requirement as a percentage of gross domestic product at market prices
1970 0.0
1971 2.4
1972 3.2
1973 5.8
1974 7.8
1975 10.2
1976 7.4
1977 4.2
1978 5.2

Source: Monthly Digest of Statistics: Financial Statistics.