HC Deb 12 January 1995 vol 252 c193W
Mr. Austin Mitchell

To ask the Chancellor of the Exchequer what is the current ratio of the national debt to gross domestic product; and what was the average figure for the 1970s.

Mr. Nelson

At end-March 1994, the national debt was 46½ per cent. of gross domestic product. The average ratio for the 1970's was 52¾ per cent. of GDP.