§ Mr. Meacher
asked the Chancellor of the Exchequer what has been the annual percentage growth of GNP in, respectively, the United Kingdom, United States of America, France, Germany, Italy, Netherlands, Belgium, Japan and Sweden for each year since 1950; and what are now the current absolute and per capita levels, respectively, of GNP in each of these countries.
§ Mr. Nott
Details of the annual percentage growth in GNP at constant (1963) market prices in the period 1956 to 1968 for all the countries specified, with the exception of Sweden, are given in Table A3 (pages 4–7) of "National Accounts 1961–1971", published by the Statistical Office of the European Communities (SOEC). Corresponding figures for the period 1950–55, and the latest estimates for the period 1969–72 as published by the SOEC are given in the following table:
in GDP (Gross Domestic Product) at constant market prices in the period 1961–71 are given in "National Accounts of OECD Countries 1960–1971"207W
(page 460) published by the OECD. Comparable figures for the years 1950–60 are not available.
The latest available absolute and per capita levels of GNP in each of the countries other than Sweden are given in the following table. The figures have been converted from national currencies at par values or central rates of exchange. However, differences in the internal purchasing power of the national currencies are not necessarily reflected in international rates of exchange.
GNP AT MARKET PRICES, 1972 Total 000 million EUR Percapita EUR United Kingdom 147.6 2,646 U.S.A.* 1,066.1 5,149 France 180.4 3,504 Germany 236.8 3,839 Italy 109.3 2,014 Netherlands 42.6 3,197 Belgium 32.5 3,347 Japan * 219.8 2,101 EUR=Unit of account of European Communities (equivalent to U.S. $ 1.08571 in 1972). * Data relate to 1971.