Economic Growth

Treasury written question – answered on 4th May 2004.

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Photo of David Willetts David Willetts Shadow Secretary of State for Work and Pensions

To ask the Chancellor of the Exchequer how much the British economy grew on average per annum (a) in total and (b) per capita in the period (i) 1992 to 1997 and (ii) 1997 to 2003.

Photo of Ruth Kelly Ruth Kelly Financial Secretary, HM Treasury

The information requested falls within the responsibility of the National Statistician, who has been asked to reply.

Letter from Colin Mowl to Mr. David Willetts, dated 4 May 2004

The National Statistician has been asked to reply to your recent Parliamentary Question asking how much the British economy grew on average per annum (a) in total and (b) per capita in the period (i) 1992 to 1997 and (ii) 1997 to 2003. I am replying in his absence. (170100)

The UK economy grew by an average of 3.1% per annum between 1992 and 1997 and by an average of 2.6% per annum between 1997 and 2003.

On a per capita basis the UK economy grew by an average of 2.9% per annum between 1992 and 1997 and by an average of 2.3% per annum between 1997 and 2003.

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