asked the Minister for Finance if he will indicate the level of (a) public capital investment and (b) private investment in the national economy in each of the years 1983, 1984 and 1985 and if he will express each figure as a proportion of gross national product in each year.
Written Answers - National Economy Investment.
21.
I propose to circulate the reply in the form of a tabular statement. The information is as follows:
Investment(1) 1983-85
|
£m |
% GNP |
|||||
|
1983 |
1984 |
1985 |
1983 |
1984 |
1985 |
|
|
Public Capital Programme Expenditure |
1,709 |
1,734 |
1,696 |
12.7 |
11.8 |
10.8 |
|
Private Investment Expenditure(²) |
1,604 |
1,681 |
1,983(³) |
11.9 |
11.5 |
12.7(³) |
Notes:
(¹) Gross domestic fixed capital formation.
(²) Private investment expenditure is estimated on the basis of total fixed capital formation less Public Capital Programme expenditure.
(³) The estimates for private investment expenditure and GNP in 1985 are approximate and based on current indicators. The 1985 PCP expenditure figure is a provisional outturn for the year.