HC Deb 02 February 1995 vol 253 cc791-2W
20. Mr. Mans

To ask the Chancellor of the Exchequer what have been the growth rates over the past two years for each EC country; and if he will list them, with the least growth first.

Mr. Nelson

The UK achieved the highest growth rate of any major EU economy over the last two-years for which full year data are available. EU member countries' growth rates over the two-year period 1992 to 1993 were as set out:

Percentage change real GDP 1992–93
Finland -6.4
Sweden -4.0
Spain -0.7
Germany -0.3
Belgium 0.1
Italy 0.1
France 0.5
Portugal 0.8
Greece 0.8
Austria 1.4
Netherlands 1.6
UK 1.6
Luxembourg 2.2
Denmark 2.7
Ireland 7.1