§ Mr. Hordernasked the Chancellor of the Exchequer, taking January 1965 as 100, if he will publish a table for each year to the latest convenient date showing real growth in gross national product, allowing for the increase in the cost of living in the United Kingdom, the United States, Japan, West Germany, France, Belgium, the Netherlands and Italy.
§ Mr. Denzil DaviesThe following table shows index numbers of gross domestic product at 1970 market prices, with the value in 1965 taken as 100. The available figures at constant prices in the international sources relate to gross domestic product, not gross national product.
from international sources, what was the gross domestic product per head at factor cost in Canada 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 figures available relate to 1972. Gross domestic product at factor cost per head of population was estimated to be £1,672 in Canada and £954 in the United Kingdom. These figures are derived from those published by the Organisation for Economic Co-operation and Development in "National Accounts of OECD Countries, 1961–1972" and the exchange rates used are those used for international comparisons in that publication and are the averages of the mean buying and selling rates. Exchange rates do not necessarily reflect differences in internal purchasing power between the two currencies.