§ Sir Anthony Meyerasked the Chancellor of the Exchequer what were the average growth rates of the six original members of the European Community between 1960 and 1972 and of the United Kingdom over the same period; and how this compares with the average annual growth rates achieved by the Six and the United Kingdom between 1972 and 1979.
§ Mr. BrittanThe information is shown in the following table:
Gross Domestic Product at Constant Market Prices* Average annual growth between 1960 and 1972 per cent. Average annualgrowth between 1972 and 1979 per cent. France 5.6 3.3 Germany 4.5 2.8 Netherlands 5.0 2.9 Italy 5.2 3.2 Belgium 4.8 2.8 Luxembourg 3.8 2.2† United Kingdom 2.7 2.2 * Source: National Accounts ESA—Aggregates 1960–79 (SOEC). United Kingdom Estimates for 1979 adjusted to take account of later information. †1979 not available; average relates to period 1972–1978.