§ Mr. Knoxasked the Chancellor of the Exchequer if he will publish in the Official Report a table showing for 1977 both in current market prices and in 1970 prices (a) gross domestic product per capita and (b) gross domestic product per family.
§ Mr. Denzil DaviesIn 1977 the gross domestic product per capita at current market prices was £2,496 and at constant '1970 prices £1,024. Estimates of gross domestic product per family or per household have not been provided as this would require an allocation of GDP between the household and non-household population on some arbitrary basis.
§ Mr. John Mooreasked the Chancellor of the Exchequer if he will publish in the Official Report a table showing for each year since 1970 for each present member State of the EEC, the United States and Japan the proportion of gross domestic product at factor cost and market prices absorbed by (a) income taxes, (b) incomes taxes plus indirect taxes and excise duties, 439W (c) excise duties, (d) employee's social security contributions and (e) Government revenue as a whole.
§ Mr. Denzil Davies,pursuant to his reply [Official Report, 23rd June 1978], gave the following information:
An analysis of taxes and social security contributions and the proportions which they represent of gross domestic product at current market prices for each of the countries specified is given in "Revenue Statistics of OECD Member Countries 1965–1975"—pages 82–89—published by OECD. Corresponding data for 1976 are not yet available. Similar information relating to gross national product at factor cost is given in the article on international comparisons of taxes and social security contributions published in the December 1977 edition of Economic Trends.
To repeat the analysis on a third basis, gross domestic product at factor cost, would entail a disproportionate use of resources.
I shall write to the hon. Member about data on Government revenue as a whole as soon as possible.
§ Mr. Knoxasked the Chancellor of the Exchequer if he will publish a table showing for each current member State of the EEC, the United States of America and Japan the percentage of gross domestic product taken in taxation in each year since 1970.
§ Mr. Denzil DaviesI refer the hon. Member to the answer that I gave to the hon. Member for Croydon, Central (Mr. Moore) today.
§ Mr. John Mooreasked the Chancellor of the Exchequer if he will publish in the Official Report a table showing the percentage increase or decrease in gross domestic product at constant 1970 prices and at factor cost in each year since 1945.
§ Mr. Denzil Davies,pursuant to his reply [Official Report, 23rd June 1978], gave the following information:
For details of year to year changes in gross domestic product at constant 1970 prices and at factor cost in the years up to 1963 I refer the hon. Member to the answer that I gave on 18th November 1977 to the hon. Member for Leek (Mr. 440W Knox)—[Vol. 939, cols 407–8.] The latest estimate of changes in subsequent periods are given below:
PERCENTAGE CHANGE OVER PRECEDING YEAR IN GROSS DOMESTIC PRODUCT AT CONSTANT FACTOR COST (AVERAGE ESTIMATE) 1964 +5.7 1965 +2.9 1966 +1.8 1967 +2.2 1968 +4.0 1969 +2.4 1970 +1.9 1971 +1.7 1972 +2.3 1973 +6.5 1974 -1.5 1975 -1.6 1976 +2.3 1977 +1.0
§ Mr. John Mooreasked the Chancellor of the Exchequer if he will publish in the Official Report a table showing for each year since 1946 in terms of 1976 prices gross domestic product per capita.
§ Mr. Denzil Davies,pursuant to his reply [Official Report, 23rd June 1978], gave the following information:
Figures at constant prices of gross domestic product per capita are available only in terms of 1970 prices. 1948 is the earliest year for which constant price estimates of GDP have been prepared and the latest per capita figures for the years 1948 to 1963 are given on page 37 of the 1977 edition of the annual supplement to Economic Trends. For subsequent years the estimates of GDP have been revised and the latest per capita figures for the year 1964–77 are as follows:
GROSS DOMESTIC PRODUCT PER CAPITA (1) AT 1970 FACTOR COST £ 1964 693 1965 707 1966 718 1967 734 1968 757 1969 767 1970 780 1971 799 1972 806 1973 863 1974 852 1975 834 1976 860 1977 861 (1) Expenditure based estimate of GDP
§ Mr. John Mooreasked the Chancellor of the Exchequer if he will list the average annual rate of growth in gross domestic product, adjusted for price changes in each member State of the EEC, the 441W United States of America and Japan for the periods 1964 to 1970, 1970 to 1974 and 1974 to the latest date for which figures are available.
AVERAGE ANNUAL RATE OF GROWTH IN GROSS DOMESTIC PRODUCT AT CONSTANT 1970 MARKET PRICES Per cent. 1964–70 1970–74 1974–76 1974–77 United Kingdom … … 2.3 2.8 0.5 0.4* Belgium … … 4.6 5.0 — N.A. Denmark … … 4.4 2.7 2.1 N.A. France … … 5.3 4.9 3.0 N.A. Germany … … 4.6 3.1 1.4 1.8† Irish Republic … … 4.3 3.8 1.7 N.A. Italy … … 5.5 3.9 1.0 1.2† Luxembourg … … 3.0 4.3 ―2.6 N.A. Netherlands 5.6 … … 4.6 1.7 N.A. United States … … 3.6 3.2 2.4 3.2‡§ Japan … … 10.5 6.2 4.2 4.5‡ Sources (except where otherwise stated): National Accounts of OECD countries 1976 Volume 1 (OECD). * Source: Latest United Kingdom national accounts estimates (expenditure measure of GDP). † Source: OECD Main Economic Indicators. Growth rate based on GNP at constant market prices. ‡ Source: OECD Quarterly National Accounts Bulletin. § GNP at constant 1972 market prices. Data other than those derived from National Accounts of OECD Countries have not been standardised to international definitions; but differences in definitions, including the choice of base year for constant price data, are unlikely to have an appreciable effect on the comparability of the growth rates over the period 1974–77.