Business Investment

HC Deb 12 March 1992 vol 205 c597W

Mr. McAvoy

To ask the Chancellor of the Exchequer what proportion of gross domestic product at current prices business investment in current prices represented in 1979 and in the fourth quarter of 1991.

Mr. Mellor

The figures requested are 14.3 per cent. and 12 per cent. In volume terms, the share of business investment in GDP rose from 12¾ per cent. in 1979 to 14¼ per cent. in 1991.