HC Deb 24 October 1973 vol 861 cc528-30W
Mr. Meacher

asked the Chancellor of the Exchequer if he will state the level of gross domestic fixed capital formation in plant and machinery as a percentage of gross national product in Great Britain for each year since 1960; and if he will give the comparable percentage figures for the United States of America, Japan and each EEC country for each of these years.

Mr. Nott

The information is given in the table below:

GROSS DOMESTIC FIXED CAPITAL FORMATION IN PLANT AND MACHINERY
United Kingdom Belgium Denmark France Germany Netherlands Ireland Italy Luxembourg Japan U.S.A.
1960 6.0 N.A. 7.2 7.1 8.5 7.2 N.A. 7.1 N.A. N.A. 4.4
1961 6.6 N.A. 7.7 7.9 9.2 8.0 N.A. 7.7 N.A. N.A. 3.9
1962 6.3 N.A. 8.2 8.0 9.2 7.9 N.A. 7.6 N.A. N.A. 4.1
1963 6.3 N.A. 7.7 8.1 8.7 7.8 N.A. 7.6 N.A. N.A. 4.3
1964 6.6 N.A. 8.1 8.1 8.8 8.0 N.A. 5.7 N.A. N.A. 4.6
1965 6.9 N.A. 7.6 8.1 9.1 7.7 N.A. 4.4 N.A. N.A. 4.8
1966 7.2 N.A. 7.4 8.3 8.5 8.3 N.A. 4.7 N.A. N.A. 5.1
1967 7.2 N.A. 7.1 8.4 7.8 7.7 N.A. 5.0 N.A. N.A. 5.0
1968 6.9 N.A. 6.8 8.3 7.8 7.5 N.A. 5.2 N.A. N.A. 4.5
1969 6.9 N.A. 7.0 8.5 8.9 7.1 7.4 5.2 N.A. N.A. 4.7
1970 7.1 N.A. 7.5 8.9 9.5 7.8 7.5 5.9 N.A. N.A. 4.8
1971 6.8 N.A. 6.8 9.1 9.4 7.3 6.7 5.9 N.A. N.A. 4.5
1972 6.3 N.A. N.A. N.A. N.A. N.A. N.A. N.A. N.A. N.A. N.A.