HC Deb 31 July 1974 vol 878 c241W
Mr. Knox

asked the Chancellor of the Exchequer what was the annual rate of growth in each of the following periods: 1945–51, 1952–64, 1965–70, and 1971–73.

Dr. Gilbert

The information given in the table below is based on the growth of gross domestic product at constant (1970) factor cost using the mean of the estimates based on expenditure, income and output data.

Average annual rate of growth between the years:
Average estimate
1948 and 1951 3.3
1951 and 1964 2.8
1964 and 1970 2.3
1970 and 1973 3.1

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