HC Deb 23 May 1978 vol 950 cc552-3W
Mr. John Moore

asked the Chancellor of the Exchequer if he will publish a table showing the total of gross domestic fixed capital formation as a percentage of gross domestic product, and expenditure on machinery and equipment other than transport equipment as a percentage of gross domestic product each year since 1973 for the United Kingdom, other EEC countries, the United States of America, Japan and Canada.

GDFCF as percentage of GDP at market prices Expenditure on machinery and equipment as percentage of total GDFCF
1973 1974 1975 1976 1973 1974 1975
United Kingdom 19.7 20.7 20.0 19.2 34.2 34.1 32.5
Belgium 21.1 22.5 22.0 20.6 36.0† 36.4† 35.6†
Denmark 23.0 22.2 19.8 21.5 30.1 30.5 28.0
France 23.8 24.5 23.3 23.1 34.6 34.5 33.1
Germany 24.5 21.9 20.8 20.7 34.1 35.1 36.8
Ireland 25.3 26.1 23.4 24.5 n.a. n.a. n.a.
Italy 20.8 22.6 20.8 20.3 33.8 34.9 31.7
Luxembourg 27.2 27.3 29.2 28.2* 27.3 27.6 23.6
Netherlands 16.3 17.0 18.4 18.3 27.3 30.6 30.3
USA 18.5 17.9 16.3 16.2 27.7 30.2 32.0
Japan 36.6 34.1 30.8 29.6 n.a. n.a. n.a.
Canada 22.4 23.1 24.1 23.1 24.1‡ 25.1‡ 24.8‡
Sources:
National Accounts of OECD countries 1976, Vol. I.
National Accounts of OECD countries 1975, Vol. II.
* OECD estimate.
† Including transport equipment.
‡ Includes work put in place on uncompleted heavy machinery and equipment.

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