HC Deb 17 October 1975 vol 897 cc830-1W
Mr. Ralph Howell

asked the Chancellor of the Exchequer if he will show the annual growth indices since 1950 for each of gross national product, industrial production and public expenditure, distinguishing between public expenditure on goods and services, on transfer incomes and on investment.

Mr. Joel Barnett

The following table shows the information requested in the form of index numbers. These all show volume changes, except for transfer pay-

GNP at constant factor cost Index of Industrial Production Public Authorities' Current Expenditure on goods and services at constant market prices Public Sector Gross Domestic Fixed Capital Formation at constant market prices* Public Sector Transfer Payments (including net lending) at current market prices
1950 100.0 100.0 100.0 100.0 100.0
1951 102.6 102.3 107.8 107.7 105.1
1952 102.2 99.1 118.0 115.3 110.5
1953 106.9 105.4 121.1 128.8 114.0
1954 110.9 110.9 120.6 128.0 116.5
1955 114.2 116.3 116.9 123.8 126.9
1956 116.7 117.2 115.9 122.4 130.4
1957 119.0 119.3 114.1 127.4 136.8
1958 119.0 118.2 111.5 125.4 151.0
1959 123.0 124.2 113.8 134.8 159.2
1960 128.5 132.7 116.3 139.2 177.0
1961 133.1 134.3 120.5 151.0 194.9
1962 134.9 135.6 124.3 156.4 206.3
1963 140.5 139.6 126.3 162.2 219.2
1964 148.8 151.5 128.3 189.4 232.4
1965 152.7 156.0 131.7 199.0 265.1
1966 155.4 158.7 135.5 213.4 277.6
1967 159.3 160.6 143.0 243.8 326.5
1968 165.0 170.1 143.5 242.9 377.9
1969 167.5 174.6 141.2 227.9 398.9
1970 170.7 175.1 143.4 233.4 429.2
1971 174.2 176.0 147.7 231.9 470.1
1972 177.4 179.7 153.1 224.7 544.4
1973 188.7 193.0 159.5 226.9 653.2
1974 189.1 186.3 164.7 228.4 883.7
* Including expenditure by nationalised industries and other public corporations, the coverage of which has varied over the period.