§ 56. Mrs. Bainasked the Secretary of State for Scotland what proportion of Scottish gross domestic product has been devoted to capital investment in manufacturing industry in Scotland over the past 15 years; and how this compares with the situation in other OECD countries.
§ Mr. William RossPrecise information on this basis is not available. However, an approximate estimate can be made from statistics of capital investment and gross domestic product which are compiled separately. These figures show that in the years 1968, 1970 and 1971 between 4 and 6 per cent, of Scottish GDP was devoted to capital investment in manufacturing industry. In other OECD countries the proportion of gross domestic product devoted to capital investment in manufacturing industry ranged from 2 per cent. to 10 per cent. in these years. The Scottish figures ranged from fifth to seventh highest in these years.