HC Deb 13 April 1973 vol 854 c382W
Mr. Knox

asked the Chancellor of the Exechequer, from information available from international sources, what is the gross domestic product per head at factor cost in Germany, France, Italy, Belgium, Luxembourg and the Netherlands for the most recent year for which figures are available; and how these figures compare with that for the United Kingdom for the same year.

Mr. Nott

The latest figures are given in the table below. They are based on information contained in National Accounts 1961–1971 published by the Statistical Office of the European Communities and the latest published figures for the United Kingdom. The figures have been converted from national currencies into sterling on the basis of (*) average telegraph transfer rates in London and (†) official rates of exchange. However, differences in the internal purchasing power of the national currencies are not necessarily reflected in international rates of exchange.

GROSS DOMESTIC PRODUCT AT CURRENTFACTOR COST PER HEAD OF POPULATION, 1971
£ £
Germany 1,280 1,240
France 1,140 1,150
Italy 690 700
Belgium 1,030 1,020
Luxembourg 1,090 1,080
Netherlands 1,190 1,180
United Kingdom 860 860