§ Mr. Craigenasked the Chancellor of the Exchequer what has been the annual rate of investment by public and private sources, respectively, in United Kingdom 363W industry during each of the past 10 years; and if he will express these figures as a percentage of the annual gross national product.
§ Mr. Denzil DaviesThe following table shows estimates of fixed investment—gross domestic fixed capital formation—excluding dwellings but including land
Public corporations sector Private sector Gross national product at factor cost Public corporations investment Private sector investment £ million at current prices As percentage of GNP 1966 … 1,405 3,059 33,527 4.2 9.1 1967 … 1,602 3,116 35,331 4.5 8.8 1968 … 1,554 3,538 37,809 4.1 9.4 1969 … 1,406 4,006 39,874 3.5 10.0 1970 … 1,592 4,432 43,784 3.6 10.1 1971 … 1,777 4,855 49,306 3.6 9.8 1972 … 1,681 5,448 55,282 3.0 9.9 1973 … 1,927 6,550 64,352 3.0 10.2 1974 … 2,555 7,631 74,041 3.5 10.3 1975 … 3,574 9,248 92,841 3.8 10.0