HC Deb 25 February 1976 vol 906 cc226-7W
Mr. Nott

asked the Chancellor of the Exchequer whether he will publish in the Official Report, on the same date as the publication of the Public Expenditure White Paper, a table showing the percentage share of GDP of each of the components in the table showing the growth and use of resources (comparable to Table 1.1 in Command Paper No. 5879), for each of the years covered by that table and on the growth assumptions in that table.

Mr. Joel Barnett

The estimated percentage shares are shown in the table below for 1974 and 1979: figures for other years are not available. The shares are calculated at 1970 prices and hence do not incorporate changes in relative prices.

Per cent of GDP (in demand terms at factor cost)
1974 1979
GDP 100.0 100.0
Net flow of resources into (+) or out of (_) balance of trade in goods and services _0.5 4.7
Private investment and stock-building 10.0 12.8
Nationalised industries investment and stockbuilding 2.7 2.8
87.8 79.7
Public consumption 20.2 18.3
Other public investment 4.8 3.4
Direct public expenditure 25.0 21.7
Indirect public expenditure 14.3 13.2
Total public expenditure 39.3 34.9
Privately financed personal consumption 48.5 44.8
Publicly financed personal consumption 14.3 13.2
62.8 58.0