§ Mr. Meacherasked the Chancellor of the Exchequer what has been the level of gross domestic fixed capital formation as a percentage of gross national product for each year since 1960 in Great Britain, the United States, Japan, and each EEC country.
§ Mr. Nottpursuant to his reply [OFFICIAL REPORT, 19th October 1973; Vol. 861, c. 335], gave the following information:
The information is given in the following table:
389W
390W
GROSS DOMESTIC FIXED CAPITAL FORMATION AS A PERCENTAGE OF GROSS NATIONAL PRODUCT AT MARKET PRICES United Kingdom Belgium Denmark France Germany Netherlands Ireland Italy Luxembourg Japan U.S.A. 1960 … … 16.3 18.9 19.4 20.2 24.0 23.4 13.7 22.0 22.1 30.2 16.8 1961 … … 17.1 20.1 20.6 21.5 25.3 23.9 15.5 22.7 25.0 33.3 16.2 1962 … … 16.7 20.8 20.8 21.8 26.0 23.8 17.0 23.2 27.6 33.7 16.5 1963 … … 16.4 20.4 19.8 22.2 25.8 23.3 18.1 23.5 32.1 32.2 16.6 1964 … … 17.9 21.9 21.9 23.8 27.0 24.8 18.7 21.7 35.8 32.5 16.8 1965 … … 18.0 21.8 21.5 24.4 26.6 24.4 19.9 18.8 29.7 30.6 17.2 1966 … … 18.0 22.4 21.5 24.9 25.7 25.6 18.9 18.3 28.3 30.8 17.1 1967 … … 18.5 22.3 22.1 25.1 23.1 25.6 19.1 19.0 25.1 32.1 16.5 1968 … … 18.7 20.9 20.9 24.8 23.1 26.1 19.7 19.7 23.1 33.5 16.6 1969 … … 18.3 20.7 21.6 25.0 24.2 23.9 22.4 20.5 23.5 34.8 16.8 1970 … … 18.3 22.4 22.0 25.6 26.4 25.0 21.4 21.1 26.1 35.1 16.1 1971 … … 18.0 21.6 21.4 25.6 26.7 25.0 22.7 19.9 30.4 34.7 16.7 1972 … … 18.2 N.A. N.A. N.A. N.A. N.A. N.A. N.A. N.A. N.A. N.A.