HC Deb 27 March 1974 vol 871 cc152-3W
Mr. Ridley

asked the Chancellor of the Exchequer if he will set out the shares of the gross national product taken by wages and by profits, respectively, in 1939, and in the latest year for which he has figures.

Dr. Gilbert

Information for 1939 is not available. Estimates for the years 1938 and 1973 are as follows:

PERCENTAGE SHARES OF THE GROSS NATIONAL PRODUCT AT FACTOR COST
1938 1973
Income from employment* 54.7 60.2
Income from self employment† 12.5 9.3
Profits of companies and public corporations‡ 15.1 13.3
* Wages and salaries, forces' pay, and employers' contributions to national insurance, etc., and pension funds.
† Income from self-employment excluding stock appreciation.
‡ Gross trading profits of companies plus gross trading surplus of public corporations excluding stock appreciation.