§ Lord Greavesasked Her Majesty's Government:
What is the estimated annual contribution to Gross National Product of farming and tourism respectively in (a) Cumbria; and (b) the Lake District National Park. [HL1731]
§ Baroness HaymanComparable estimates are only available in terms of Gross Value Added at basic pricesa, GVA. Estimates are not separately available for the Lake District National Park. The approximate contributions made by the agricultural industry and the tourism industry in Cumbria in 1999 to Gross Value Added at basic prices are as follows:
Percentage of total GVA GVA Cumbria UK Agricultural Industry £140 million 2 per cent 0.02 per cent Tourism Industryb £435 million 7 per cent 0.06 per cent a Gross value added denotes estimates that were previously known as gross domestic product at basic prices, i.e. which include subsidies less taxes on products. Gross National Product is the income available to residents arising from gross domestic product, and receipts from, less payments to, the Rest of the World of employment, property income and current transfers. b Assumes that gross value added at basic prices of the tourism industry equates to 50 per cent of tourist expenditure.