HC Deb 21 March 1978 vol 946 c523W
Mr. Tebbit

asked the Chancellor of the Exchequer what was the growth in gross domestic product expressed in real terms to take account of inflation, for each

GROSS DOMESTIC PRODUCT* AT CONSTANT MARKET PRICES
First quarter 1974=100
United Kingdom United States* West Germany* Japan* Italy
1974—
1st quarter … … … 100.0 100.0 100.0 100.0 100.0
2nd quarter … … … 102.7 99.5 99.8 101.2 100.5
3rd quarter … … … 104.6 98.9 99.5 102.4 98.9
4th quarter … … … 101.9 97.5 97.3 102.3 96.4
1975—
1st quarter … … … 102.1 95.1 95.6 102.3 95.8
2nd quarter … … … 100.5 96.6 95.5 103.2 94.7
3rd quarter … … … 99.0 99.2 96.7 104.9 94.4
4th quarter … … … 99.8 100.0 98.8 106.4 96.9
1976—
1st quarter … … … 103.2 102.1 100.9 108.8 99.2
2nd quarter … … … 102.5 103.4 101.9 110.5 100.6
3rd quarter … … … 103.2 104.4 102.2 110.9 100.7
4th quarter … … … 104.7 104.7 103.6 111.8 102.7
1977—
1st quarter … … … 102.9 106.6 104.6 114.2 104.6
2nd quarter … … … 103.3 108.2 104.4 116.1 101.9
3rd quarter … … … 104.0 109.5 104.3 116.6 104.3
Source:
United Kingdom—latest published estimates.
Other countries—OECD Main Economic Indicators.
* Gross national product for United States, West Germany and Japan.

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