HC Deb 24 March 1970 vol 798 c358W
105. Sir T. Beamish

asked the Chancellor of the Exchequer by how much the rate of gross fixed investment increased as a proportion of gross domestic product between 1951 to 1964, expressed as an annual rate; and what is the corresponding figure for the period between 1964 and the latest available convenient date.

Mr. William Rodgers

Between 1951 and 1964 gross domestic fixed capital formation as a proportion of gross domestic product at factor cost increased by 2.3 per cent. a year; from 1964 to 1969 (based on the seasonally adjusted figures for the first three quarters of the year) the corresponding rate of increase was 0.7 per cent. a year.