Public Expenditure

HC Deb 23 June 1972 vol 839 c203W

Mr. Body

asked the Chancellor of the Exchequer, for each year since 1964, what has been the total public expenditure, including interest, on the National Debt, as a percentage of the gross national product.

Mr. Nott

Public expenditure, including debt interest,expressed as a percentage of gross national product at factor cost has been as follows:

					Per cent.
1964	…	…	…	…	43.5
1965	…	…	…	…	45.0
1966	…	…	…	…	46.2
1967	…	…	…	…	50.1
1968	…	…	…	…	51.7
1969	…	…	…	…	50.6
1970	…	…	…	…	50.5
1971	…	…	…	…	50.4