§ Mr. Knoxasked the Chancellor of the Exchequer (1) from information available to him from international sources, what was the gross domestic product per head at factor cost in Australia for the most recent year for which information is available; and how this compares with the figure for the United Kingdom;
(2) from information available to him from international sources, what was the gross domestic product per head at factor cost in New Zealand for the most recent year for which information is available; and how this compares with the figure for the United Kingdom.
§ Mr. Denzil DaviesThe latest published information relates to gross domestic product in purchasers' values, per head of total population, in United 355W States dollars. The figures are given in the table below. In periods of fluctuating exchange rates the conversion to United States dollars cannot be exact; moreover, exchange rates do not reflect the relative internal purchasing power of the currencies.
US dollar Australia: Financial year July 1971–June 1972 3,239 Financial year July 1972–June 1973 3,769 New Zealand: Financial year April 1972–March 1973 2,950 United Kingdom: Calendar year 1972 2,742 Source: United Nations Year Book of National Accounts Statistics, 1973.