Economic Growth

HC Deb 22 July 2004 vol 424 cc478-9W

Mr. Willetts

To a sk the Chancellor of the Exchequer how much the British economy grew on average per annum(a) in total and (b) per capita in the period (i) 1993 to 1998 and (ii) 1998 to 2003. [178846]

Ruth Kelly

This information is set out in the following table.

Percentage
	Average GDP growth per annum	Average GDP growth per capita per annum
	Real terms(chained-volumes)	Nominal terms(current prices)	Real terms(chained-volumes)	Nominal terms(current prices)
	1997–2003	2.8	5.4	2.4	5.0
	1992–97	2.7	5.6	2.4	5.3
	1998–2003	2.7	5.2	2.3	4.9
	1993–98	3.1	5.9	2.9	5.6
Source:
Treasury Economic Statistics (ONS)