§ Mr. Hordernasked the Chancellor of the Exchequer if he will produce a table showing the total of capital and current expenditure of central and local government (including lending to nationalised industries and other public corporations), as a percentage of GDP at factor cost, each year from 1946 to 1970.
§ Mr. Denzil DaviesThe following table shows the information requested for the years 1946–70.
Total Capital and Current Expenditure of Central and Local Government as a Percentage of GDP at Factor Cost* 1946 51.8 1947 46.1 1948 42.4 1949 40.6 1950 39.6 1951 42.2 1952 42.9 1953 41.2 1954 38.9 1955 38.2 1956 38.4 1957 39.3 1958 39.4 1959 39.8 1960 39.5 1961 40.3 1962 41.2 1963 40.9 1964 41.2 1965 42.8 1966 43.9 1967 48.0 1968 49.1 1969 48.5 1970 48.2 * Including lending, debt interest and other transfer payments which do not directly preempt resources. Source "National Income and Expenditure, 1964–74", table 52.