Mr Major’s Written Parliamentary Answer on GDP (Taxation) – 14 November 1988

Below is the text of Mr Major’s written Parliamentary Answer on GDP (Taxation) on 14th November 1988.

Mr. Ralph Howell To ask the Chancellor of the Exchequer what percentage of the gross domestic product taxation represented in 1970, 1979, 1984 and 1988.

Mr. Major Information for 1988 is not yet available. Figures for other years are as follows:

Year | Taxes as percentage of GDP (1)
1970 31.8
1979 28.3
1984 31.2

(1) Taxes cover taxes on income, expenditure (including local authority rates) and capital. GDP is GDP(A) at market prices.