§ Mr. Colvinasked the Chancellor of the Exchequer (1) if he will publish a table in the Official Report showing total public expenditure, including capital formation, as a percentage of gross domestic product for the years 1960–61 to date;
(2) If he will publish a table in the Official Report showing public expenditure broken down by capital account and revenue account for the years 1960–61 to date;
(3) if he will publish a table in the Official Report showing general Government final consumption as a percentage of total public expenditure for the years 1960–61 to date.
§ Mr. BrittanFigures for the public expenditure "planning total" are not readily available for the years before 1974–75 and a breakdown between expenditure on capital account and current account is not available for any year. Figures for general Government expenditure, from which the planning total is derived, are available for 1961–62 onwards. The relationship between general Government expenditure and the public expenditure planning total is shown in Table 2.4 of "Financial Statistics".
The following table shows the public expenditure planning total, in the years for which this information is available, and general Government expenditure as a percentage of gross domestic product at market prices; and the percentage of general Government expenditure accounted for by current expenditure, within which final consumption is shown separately, and expenditure on capital account. Table 2.4 of "Financial Statistics" will include figures for 1980–81 in the July issue.
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PUBLIC SPENDING(*) Public expenditure planning total(†) as % of GDP at market prices GENERAL GOVERNMENT EXPENDITURE(‡) Total Current Account as % of GDP at market prices Total (of which final consumption) Capital account(‡) £m as % of column(3) (1) (2) (3) (4) (5) (6) 1961–62 36.3 9,979 83.0 46.4 17.0 1962–63 36.0 10,381 84.0 47.5 16.0 1963–64 36.4 11,331 82.2 46.0 17.8 1964–65 36.2 12,249 80.1 45.3 19.9 1965–66 37.6 13,605 80.5 45.1 19.5 1966–67 39.0 15,049 79.3 44.7 20.7 1967–68 42.8 17,449 76.6 42.2 23.4 1968–69 41.3 18,242 78.7 42.3 21.3 1969–70 40.8 19,325 78.2 42.0 21.8 1970–71 41.2 21,579 77.7 43.2 22.3 1971–72 41.3 24,316 78.8 43.9 21.2 1972–73 41.6 27,559 79.2 43.9 20.8 1973–74 43.4 31,989 80.4 43.4 19.6 1974–75 46.4 48.7 42,816 79.5 42.8 20.5 1975–76 46.5 48.9 53,881 81.3 44.6 18.7 1976–77 44.8 46.4 59,441 85.3 46.0 14.7 1977–78 40.7 42.9 63,624 89.8 47.4 10.2 1978–79 41.6 44.2 74,284 88.2 45.5 11.8 1979–80 41.4 44.6 89,039 88.5 45.3 11.5 (*) Includes non-trading Government capital consumption, to be comparable with GDP at market prices. (†) Including net payments of debt interest (as in Table 1.2 of Cmnd 8175). (‡) Including net lending and net expenditure on acquiring company securities.
Source: derived from the national accounts.