HC Deb 11 December 1996 vol 287 cc204-5W
Mr. Milburn

To ask the Chancellor of the Exchequer if he will update his answer of 9 June 1995,Official Report, columns 339–40, on economic statistics relating to exports, investments, imports and gross domestic product of EU and G7 countries, to cover the period 1979 to 1995. [7820]

Mrs. Angela Knight

[holding answer 6 December 1996]: G7 and EC growth, investment, exports and imports data can be found in the Organisation for Economic Co-operation and Development publications "OECD Quarterly National Accounts" and the "OECD National Accounts, Vol. I", which are available in the House of Commons Library.

Average annual export volume growth 1979–95 Percentage Average annual GDP growth 1979–95 Percentage
G7
US 6.1 2.4
Canada 6.3 2.4
Japan 5.6 3.1
France 3.9 1.9
Italy 4.5 2.0
UK 3.6 1.9
West Germany 5.3 2.1
Rest of EC
Austria 4.4 2.2
Belgium1 4.2 1.9
Denmark 4.5 1.9
Finland 4.3 2.0
Greece1 5.7 1.4
Ireland1 8.8 3.6
Luxembourg1 3.9 3.0
Netherlands 4.2 1.9
Portugal1 6.2 2.5
Spain 6.7 2.4
Sweden 4.6 1.4
1 Latest available year 1994.

Investment to GDP average ratio 1979–95 Imports to GDP average ratio 1979–95
G7
US 18.5 10.6
Canada 20.6 26.7
Japan 29.4 10.0
France 20.3 21.9
Italy 20.3 20.6
UK 17.1 26.3
West Germany1 22.7 30.2
Rest of EC
Austria 24.1 37.7
Belgium1 18.1 69.6
Denmark 17.4 32.0
Finland 22.7 27.9

Investment to GDP average ratio 1979–95 Imports to GDP average ratio 1979–95
Greece1 22.0 26.8
Ireland1 20.7 57.3
Luxembourg1 22.1 91.8
Netherlands 20.1 49.4
Portugal1 28.1 37.2
Spain 21.4 20.1
Sweden 18.4 30.9
1 Latest available year 1994.