§ Mr. Alison
asked the Chancellor of the Exchequer if he will circulate in the OFFICIAL REPORT a table showing the ratio of personal savings to personal disposable income for the United Kingdom and member countries of the European Economic Community, from information available from international sources, as 299W an average for the latest available 10 years and for the latest year alone, respectively.
§ Mr. Taverne
The following figures are based on "National Accounts of O.E.C.D. countries, 1958–67" and the latest United Kingdom return to the O.E.C.D. Disposable income and saving are after provision for depreciation and stock appreciation; disposable income includes current transfers to Government and to the rest of the world.
SAVING OF HOUSEHOLDS AND PRIVATE NON-PROFIT INSTITUTIONS AS A PERCENTAGE OF DISPOSABLE INCOME Average 1958 to 1967 1967 Belgium* … 12.0 13.9 France* … 8.6 9.6 West Germany … 13.2 12.0 Italy … 15.0† 14.0 Netherlands … 13.3 13.4 Luxembourg* … 13.3‡ 10.2§ United Kingdom … 5.2 5.7 * Current transfers to government are included net in disposable income. † Average for 1961 to 1967; figures for earlier years are not given. ‡ Average for 1958 to 1965; figures for later years are not given. § Figures for 1965, latest year given.