HC Deb 17 June 1976 vol 913 cc234-5W
Dr. Hampson

asked the Chancellor of the Exchequer if he will publish in the Official Report a table showing for each year since 1964 the proportion of the gross domestic product that has been absorbed by the nationalised industries.

Mr. Denzil Davies

The proportion of the gross domestic product that has been absorbed by the nationalised industries for each year since 1964 is shown in the table below:

(i) (ii) (iii)
Nationalised industries' investment* Gross domestic product (i) as percentage of (ii)
£ million £ million
1964 1,102 29,255 3.8
1965 1,216 31,237 3.9
1966 1,420 33,140 4.3
1967 1,663 34,952 4.8
1968 1,511 37,474 4.0
1969 1,292 39,375 3.3
1970 1,469 43,227 3.4
1971 1,782 48,795 3.7
1972 1,658 54,704 3.0
1973 1,831 62,962 2.9
1974 2,150 72,713 3.0
1975 3,414 91,569 3.7
*Fixed investment, excluding net purchases of land and existing buildings, plus the value of the physical increase in stocks and work in progress.

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