§ Mr. SalmondTo ask the Chancellor of the Exchequer when he predicts that the Scottish GDP growth rate will match the overall UK GDP growth rate. [59397]
§ Ruth KellyNeither the UK Government nor the Scottish Executive produce GDP forecasts for Scotland, or any other country or region of the UK.
§ Mr. SalmondTo ask the Chancellor of the Exchequer what levels of growth the Scottish GDP would have to attain in 2002–03 to keep pace with the projected EU average. [59396]
§ Ruth KellyThe latest EC GDP growth forecast for the EU-15 in 2002 and 2003, as published on 24 April 2002 in 'European Economy—Economic Forecasts Spring 2002' (ref no. 2/2002), was 1.5 per cent. and 2.9 per cent. respectively.
§ Mr. SalmondTo ask the Chancellor of the Exchequer how he devised the UK GDP growth rate that was announced in the Budget. [59395]
§ Ruth KellyThe Government's latest forecasts for UK GDP growth are based on a comprehensive assessment of domestic and world economic developments and prospects, as set out in Chapter B of the Financial Statement and Budget Report (HC592). This assessment takes into account a wide range of economic data from official and private sector sources.
573W
§ Mr. SalmondTo ask the Chancellor of the Exchequer what the GDP growth rate for Scotland was in each of the last five years for which data was available; what it is projected to be for this year; and if he will make a statement. [59394]
§ Ruth KellyThe Scottish Executive produces a constant price index of Scottish Output (Gross Value Added). These data are available on the Scottish Executive website.
Neither the Scottish Executive nor the UK Government produce GDP forecasts for Scotland or any of the other countries and regions of the UK.