Gross Domestic Product

HC Deb 06 February 1985 vol 72 c590W

Mr. Ralph Howell

asked the Chancellor of the Exchequer if he will set out in league table form, for the year 1983–84 for all European Economic Community countries, the United States of America, Canada and Sweden (a) the total gross domestic product in each country and (b) gross domestic product per head in each country.

Mr. Peter Rees:

The tables show the requested values for the calendar year 1983. They are calculated by OECD and use purchasing power parities rather than market exchange rates to put national currency estimates on to a common basis.

(a) Comparison by gross domestic product, 1983 using purchasing power parities
1. United States	100.0
2. Germany	21.0
3. France	18.0
4. United Kingdom	16.5
5. Italy	15.0
6. Canada	10.0
7. Netherlands	4.5
8. Belgium	3.5
9. Denmark	2.0
10. Greece	1.5
11. Ireland	0.5
12. Luxembourg	0.1

(b) Comparison by gross domestic product per head, 1983 using purchasing power parities
1. United States	100.0
2. Canada	95.0
3. Denmark	82.0
4. Luxembourg	81.0
5. Germany	80.0
6. France	79.0
7. Belgium	78.0
8. Netherlands	72.0
9. United Kingdom	69.0
10. Italy	61.0
11. Ireland	49.0
12. Greece	40.0

Source: OECD.

Note: Comparable data (using purchasing power parities) are not available for Sweden. Comparisons using exchange rates are available for all countries listed in OECD Main Economic Indicators (Appendix) January 1985, but because of exchange rate fluctuations they may be misleading.