HC Deb 28 July 1983 vol 46 cc532-3W
Mr. Gould

asked the Chancellor of the Exchequer whether he will publish in the Official Report a table showing for each year since 1970 the public sector borrowing requirement and the savings ratio as a percentage of gross domestic product.

Mr. Lawson

The figures are:

Public sector borrowing requirement (£ million) Saving ratio* (per cent.) Gross domestic product† (£ million) Column (1) as a percentage of column (3)
(1) (2) (3) (4)
1970–71 817 8.8 52,407 1.6
1971–72 1,003 7.6 58,929 1.7
1972–73 2,520 10.3 66,258 3.8
1973–74 4,449 12.6 73,826 6.0
1974–75 7,929 12.8 88,255 9.0
1975–76 10,592 12.3 110,470 9.6
1976–77 8,512 11.4 128,454 6.6
1977–78 5,576 10.6 149,436 3.7
1978–79 9,224 13.9 169,862 5.4
1979–80 9,915 14.4 202,687 4.9
1980–81 13,201 15.9 232,873 5.7
1981–82 8,701 13.4 253,005 3.4
1982–83 9,001 11.3 277,374 3.2
* Personal sector savings as a percentage of disposable income.
† Expenditure based, at current market prices.