Government Expenditure (Hansard, 20 May 1975)

HC Deb 20 May 1975 vol 892 cc337-8W 338W

§ Mr. Kilfedder
asked the Chancellor of the Exchequer what proportion in each of the last 10 years Government expenditure bore to the gross national product.

§ Mr. Joel Barnett
The following table shows both central Government expenditure and total public expenditure as a percentage of GNP:

RATIO OF EXPENDITURE AT MARKET PRICES TO GNP AT FACTOR COST

Central Government Expenditure Total Public Expenditure

Per cent. Per cent.

1965 34.9 44.7

1966 36.2 45.7

1967 39.3 49.6

1968 41.1 50.6

1969 40.1 49.7

1970 40.2 50.1

1971 40.4 49.7

1972 40.9 49.8

1973 40.0 50.3

1974 44.4 56.8

RATIO OF EXPENDITURE AT MARKET PRICES TO GNP AT FACTOR COST
	Central Government Expenditure	Total Public Expenditure
	Per cent.	Per cent.
1965	34.9	44.7
1966	36.2	45.7
1967	39.3	49.6
1968	41.1	50.6
1969	40.1	49.7
1970	40.2	50.1
1971	40.4	49.7
1972	40.9	49.8
1973	40.0	50.3
1974	44.4	56.8