HC Deb 23 May 1972 vol 837 cc312-3W
Mr. Knox

asked the Chancellor of the Exchequer what was the average annual rate of growth in the following periods, 1945 to 1951, 1952 to 1957, 1958 to 1964, 1965 to 1970, and 1971.

Mr. Nott

The information is given in the table below. It is based on the growth of gross domestic product at constant—1963—factor cost using the average of the estimates based on expenditure, income and output data. Estimates for the years before 1948 are not available.

Average annual rate of growth between the years:
Percentage
1948 and 1951 3.3
1951 and 1957 2.4
1957 and 1964 3.2
1964 and 1970 2.3
1970 and 1971 0..9