HC Deb 08 June 1995 vol 261 cc264-5W
Mr. Austin Mitchell

To ask the Chancellor of the Exchequer, pursuant to his answer of 22 July 1982,Official Report, columns 291–92, if he will update the table showing gross and net investment for the whole economy and for manufacturing industry together with undistributed profits. [27125]

Mr. Nelson

The latest estimates of gross and net investment for the whole economy and for manufacturing industry, together with undistributed profits, are shown in the following table.

Percentage of gross national product1
1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994
Whole economy
Gross domestic fixed capital formation
All assets 17.9 16.1 16.0 15.8 16.7 16.9 16.7 17.6 19.2 20.3 19.5 17.0 15.6 15.0 14.6
Plant and Machinery 6.5 5.9 5.8 5.8 6.1 6.6 6.3 6.3 6.6 7.0 6.7 6.0 5.7 5.6 5.6
Net domestic fixed capital formation
All assets 5.9 3.8 4.0 4.1 5.0 5.2 5.1 6.3 8.2 9.4 8.4 5.9 5.0 4.7 n/a
Manufacturing industries2
Gross domestic fixed capital formation 3.2 2.5 2.3 2.2 2.5 2.9 2.6 2.6 2.6 2.7 2.6 2.3 2.0 1.9 1.9
Net domestic fixed capital formation n/a n/a -0.5 -0.5 -0.1 0.3 0.1 0.2 0.4 0.5 0.3 0.0 -0.2 -0.2 n/a
Industrial and Commercial Companies
Undistributed profits 9.3 9.1 9.1 10.1 11.1 11.2 10.3 11.7 11.3 9.2 7.8 7.3 7.2 9.6 11.3
1 Gross national product (GNP) at market prices has been used as the denominator for investment percentages and GNP at factor cost for the calculation related to undistributed profits.
2 Manufacturing is defined as all industries which contribute to Section D of the Standard Industrial Classification 1992.