Lord BRUCE of DONINGTONasked Her Majesty's Government:
To state, for each of the years 1946 to 1974 inclusive, what percentage of the gross national product is represented by domestic investment in manufacturing industry, and to state the comparable figures, where available, in respect of France, West Germany and Italy.
§ Lord JACQUESComparable estimates are available only from 1956 for investment, in the manufacturing and construction industries combined, in the United Kingdom, France and West Germany. The available figures for Italy relate to a wider grouping of industries. The information, including figures for the 1531WA United Kingdom of investment in manufacturing alone, and from 1948, is as follows:
PERCENTAGES OF GNP AT MARKET PRICES Manufacturing investment Manufacturing and construction investment United Kingdom United Kingdom France* Germany 1948 2.7 2.9 — — 1949 3.1 3.3 — — 1950 3.3 3.5 — — 1951 3.5 3.7 — — 1952 3.5 3.7 — — 1953 3.2 3.4 — — 1954 3.3 3.5 — — 1955 3.5 3.8 — — 1956 4.0 4.3 4.3† 6.4‡ 1957 4.2 4.4 4.8† 6.0‡ 1958 3.9 4.2 4.5† 6.0‡ 1959 3.6 3.8 5.5 6.1‡ 1960 4.0 4.2 5.8 6.8 1961 4.6 4.9 6.6 7.2 1962 4.1 4.4 6.8 7.3 1963 3.5 3.8 6.8 6.8 1964 3.7 4.1 6.8 6.9 1965 4.0 4.4 6.7 6.9 1966 40 4.3 6.8 6.6 1967 3.7 4.1 6.7 5.8 1968 3.7 4.1 6.3 5.8 1969 4.0 4.4 6.6 — 1970 4.2 4.5 7.4 — 1971 3.9 4.1 7.4 — 1972 3.4 3.7 — — 1973 3.5 3.8 — — * Includes fishing, and quarrying of building materials. † Unrevised figures, not comparable with 1959 onwards. ‡For years before 1960, both GNP and investment exclude the Saar and West Berlin. Sources:
National Accounts of OECD countries 1950–68; 1960–71 and 1961–72.