HC Deb 27 June 1978 vol 952 c501W
Mr. Knox

asked the Chancellor of the Exchequer what was the growth in gross

GROSS DOMESTIC PRODUCT AT CONSTANT MARKET PRICES
First Quarter 1974 = 100
United Kingdom United States* Japan Italy
1974 1st Quarter 100.0 100.0 100.0
2nd Quarter 102.7 99.5 101.3
3rd Quarter 104.6 98.9 102.4
4th Quarter 101.9 97.5 102.9
1975 1st Quarter 102.1 94.3 102.4
2nd Quarter 100.5 96.6 103.3
3rd Quarter 99.0 99.2 105.0
4th Quarter 99.8 100.0 106.5
1976 1st Quarter 103.1 102.1 108.9
2nd Quarter 102.5 103.4 110.5
3rd Quarter 103.2 104.3 111.9
4th Quarter 104.8 104.6 114.3
1977 1st Quarter 103.0 106.6 114.3
2nd Quarter 103.3 108.2 116.2
3rd Quarter 104.1 109.5 116.7
4th Quarter 104.0 110.6 117.9
Source:
United Kingdom—latest published estimates.
Other countries—OECD Quarterly National Accounts Bulletin.
* Gross national product.
† Based on 1972 constant prices.

The series has been derived from data which have not been adjusted to standardised international definitions; but differences in definition are unlikely to have an appreciable effect on the comparability of growth rates over this period.