§ Mr. Denzil DaviesTo ask the Chancellor of the Exchequer what has been the average annual percentage increase of broad money, M4, over the last 10 years.
§ Mr. MajorThe average annual percentage increases in M4 over the last 10 years are given in the following table:
M4: Average annual percentage growth rate1 Per cent. 1980 15.5 1981 16.2 1982 12.6 1983 13.5 1984 17.8 1985 13.2 1986 15.1 1987 14.7 1988 17.0 21989 17.8 1 Average of quarterly annual growth rates to end Q4 1983, and monthly annual growth rates to end November 1989. 2 To end November 1989.
§ Mr. Denzil DaviesTo ask the Chancellor of the Exchequer what percentage of gross domestic product was accounted for in(a) 1979 and (b) 1988 by manufacturers in (i) the United Kingdom, (ii) the Federal Republic of Germany, (iii) France and (iv) Italy.
348W
§ Mr. MajorGDP/GNP by kind of activity is published for Germany, France and Italy by the OECD in "National Accounts" volume II, 1975–87. For the United Kingdom, data are published by the CSO in "United Kingdom National Accounts" 1989 edition.
§ Mr. Denzil DaviesTo ask the Chancellor of the Exchequer what percentage of net domestic product was accounted for by wages and salaries in(a) 1979 and (b) the latest available year.
§ Mr. MajorIn 1979 wages and salaries accounted for 67 per cent. of net domestic product at factor cost. During 1988, the latest period for which the percentage can be calculated, the proportion was 64.6 per cent.
§ Mr. Denzil DaviesTo ask the Chancellor of the Exchequer what, for the latest available year and expressed in deutschmarks, was the per capita gross domestic product of(a) the Federal Republic of Germany, (b) France, (c) Italy and (d) the United Kingdom.
§ Mr. MajorFollowing is the information requested.
GDP/GNP per capita at purchasing power parities, 1988 Deutschmarks United Kingdom 23,656 Germany 24,919 France 24,080 Italy 22,831 Source: OECD, IMF.