§ Lord Rentonasked Her Majesty's Government:
What proportion of the national income was spent by Government departments, local authorities and publicly-owned bodies in the financial years 1978–79 and 1983–84, and what proportion it is proposed to spend in the year 1984–85.
136WA
§ Lord CockfieldThe following table gives public expenditure as a percentage of the gross domestic product over this period.
Public expenditure (1) as a percentage of GDP at market prices 1978–79 1979–80 1980–81 1981–82 1982–83 1983–84 estimated outturn 1984–85 plans 40½% 40½% 42½% 44% 43½% 43% 42% Notes
(1) Defined as the planning total plus general government consumption of non-trading capital plus payments of VAT by local authorities plus net debt interest.
Source: Cmnd. 9143 (Chart 1.8) and the 1984 Financial Statement and Budget report (Table 5.5).