§ Sir David Priceasked the Chancellor of the Exchequer if he will list for each year from 1978 the percentage of gross domestic product represented by public sector activities and also the percentage represented by national and local taxation including national insurance contributions.
§ Mr. MooreThe information requested is as follows:
percentages of GDP Public sector activities* Taxes including national insurance contributions and royalties† 1978 28 34 1979 27 35 1980 29 36 1981 30 38 1982 29 39 1983 28 39 1984 26 39 1985 n.a. 39 By convention, * is given as percentage of income GDP (at factor cost) † as percentage of GDP at market price. "Public sector activities" represent the public sector's contribution to the national income, and exclude (for example) all transfers between the public sector and private sector.