HC Deb 23 July 1984 vol 64 c445W
Mr. Knox

asked the Chancellor of the Exchequer what proportion of disposable income was saved in each of the Organisation for Economic Co-operation and Development countries in each of the past 10 years.

Mr. Peter Rees

There are no available estimates of the proportion of disposable income saved in each OECD member country in each of the last 10 years. But figures of gross saving as a percentage of the gross domestic product are published on page 155 of the July 1984 issue ofOECD Economic Outlook, covering the period 1962 to 1982. Corresponding figures for 1983 have not yet been produced. Copies of the publications are available in the Library.

Total public expenditure by programme as a percentage of GDP
1978–79 1979–80 1980–81 1981–82 1982–83 *1983–84
Defence 4.4 4.5 4.8 4.9 5.1 5.2
Overseas services 1.1 1.0 0.7 0.7 0.8 0.8
Agriculture, fisheries, food and forestry 0.5 0.5 0.6 0.5 0.7 0.7
Trade, industry, energy and employment 2.3 1.9 2.2 2.6 2.1 2.0
Arts and libraries 0.2 0.2 0.2 0.2 0.2 0.2
Transport 1.6 1.6 1.7 1.7 1.6 1.5
Housing 2.1 2.2 1.9 1.2 0.9 0.9
Other environmental services 1.3 1.3 1.3 1.2 1.3 1.2
Law, order and protective services 1.2 1.3 1.3 1.5 1.5 1.5
Education and science 4.5 4.3 4.7 4.6 4.5 4.4
Health and personal social services 4.3 4.3 4.9 4.9 4.9 4.8
Social security 9.6 9.4 10.0 11.1 11.5 11.6
Other public services 0.6 0.6 0.6 0.6 0.6 0.5
Common services 0.5 0.5 0.5 0.6 0.6 0.3
Scotland 2.2 2.2 2.3 2.3 2.2 2.2
Wales 0.9 0.9 0.9 0.9 0.8 0.9
Northern Ireland 1.2 1.2 1.2 1.2 1.2 1.2
Adjustments† 2.1 2.1 2.8 3.3 3.0 3.0
Public expenditure as a percentage of GDP 40.5 40.0 42.5 44.0 43.5 43.0
* Provisional.
† The adjustments consist of the additional expenditure other than that on programmes included in the planning total, plus net debt interest, payments of VAT by local authorities and non-trading Government consumption to make the total comparable with GDP at market prices.