§ 1973 and 1993. Mr. Austin MitchellTo ask the Chancellor of the Exchequer what is the average rate of economic growth between(a) 1964 and 1973 and (b)
§ Mr. NelsonThe average annual growth rate of real gross domestic product between 1964 and 1973 was 3.1 per cent. The average growth rate between 1973 and 1993 was 1.6 per cent. Within this period, the average growth rate over the past 10 years has been significantly higher than over the previous 10 years.