§ Mr. Hordernasked the Secretary of State for Trade what proportion of the United Kingdom's gross national product was imported as compared with other members of the Organisation for Economic Co-operation and Development during the latest years for which figures are available.
48W
§ Mr. ParkinsonThe information is as follows:
§ Mr. ParkinsonThe available information, in respect of imports of goods and services, for 1976 and 1977 is as follows:
IMPORTS OF GOODS AND SERVICES AS A PERCENTAGE OF GNP* 1976 1977 United Kingdom 30 30 Australia 16 16 Austria 37‡ 39‡ Belgium 48 47 Canada 24‡ 25‡ Denmark 34 33 Finland 30 30 France 21 22 West Germany 24 23 Greece 25 24 Iceland 39‡. 39‡ Ireland 55 60 Italy 28 27 Japan 13 11 Luxembourg 68 66 Netherlands 51 49 New Zealand 31‡ 30‡ Norway 52 52 Portugal 31‡ N/A Spain 18 17 Sweden 31 31 Switzerland 29 33 Turkey† 14 N/A United States of America 8½ 9½ * GNP at market prices, GNP at factor cost not readily available. † 1975. ‡ Estimated. N/A =Not available. Source: National Accounts of OECD Countries 1960–1977 Volume 11.