§ Mr. Ralph HowellTo ask the Chancellor of the Exchequer what has been general Government investment in cash terms, real terms and as a percentage of gross domestic product for each period of five years since 1959.
§ Mr. MajorInformation, as available, based on national accounts data, is as follows. Figures are given on
General Government £million General Government Expenditure on fixed assets(1) GDFCF(2) GDFCF at 1985 prices (3) 'investment' as a percentage of GDP (A) 1(4) 1(5) 1959–63 4,763 4,763 2— 3.5 3.5 1964–68 8,742 8,742 51,201 4.6 4.6 1969–73 13,928 13,695 59,320 4.7 4.6 1974–78 25,211 24,272 49,216 4–0 3.9 1979–83 33,654 25,244 28,485 2.7 2.0 1984–873 37,167 26,940 26,885 2.5 1.8 1 Col (4) is col (1) as percentage of GDP (A) at market prices Col (5) is col (2) as percentage of GDP (A) at market prices
2 Not available 3 Four-year period