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Written question asked by Jonathan Djanogly (Conservative) on Thursday, 6 February 2003, in the House of Commons. It was due for an answer on Thursday, 13 February 2003. It was answered by Ruth Kelly (Labour) on Thursday, 13 February 2003 on behalf of the Office for National Statistics.

Treasury;Office for National Statistics

Question
To ask Mr Chancellor of the Exchequer, what percentage of the total UK GDP was constituted by (a) business-to-business transactions and (b) business-to-consumer transactions in (i) 2000, (ii) 2001 and (iii) 2002. - Including table and text of letter from Len Cook of the Office for National Statistics. (Holding answer 11 February 2003).
Answer

Mr. Djanogly: To ask the Chancellor of the Exchequer what percentage of the total UK GDP was constituted by (a) business-to-business transactions and (b) business-to-consumer transactions in (i) 2000, (ii) 2001 and (iii) 2002. [97236] Ruth Kelly: [holding answer 11 February 2003]: The information requested falls within the responsibility of the National Statistician. I have asked him to reply. Letter from L. Cook to Mr. Jonathon Djanogly, dated 13 February 2003: As National Statistician I have been asked to reply to your recent question concerning what percentage of total UK GDP was constituted by (a) business-to business transactions and (b) business-to-consumer transactions in (i) 2000, (ii) 2001 and (iii) 2002. (97236) The National Accounts do not separately identify business-to- business transactions or business-to-consumer transactions. In the National Accounts only business-to-business transactions on capital items are recorded in GDP. The concept that measures this in the National Accounts is business investment. Business-to-business transactions, non capital items or intermediate expenditure as it is defined in National Accounts, do not add to GDP as the expenditure and incomes in the buying and selling industries cancel out. The ONS publishes estimates of total intermediate expenditure for the corporate sector, the latest figure available is for 2000. The table below summarises the available data. Figures are expressed in billion at current prices or as percentages. First estimates for 2002 will be published on 26 February 2003. _________________________________________________________________________________________________. 1999 2000 2001 Gross Domestic Product (billion) 902.5 950.4 990.9 Business Investment (billion) 108.2 109.8 112.5 Business Investment as a 12.0 11.6 11.3 proportion of GDP (%) Household expenditure (billion) 569.5 603.6 630.8 Household expenditure as a 63.1 63.5 63.7 proportion of GDP (%) Intermediate expenditure by the 683.5 721.2 Not available corporate sector (billion) _________________________________________________________________________________________________.

Secondary information

Type
Written question
Reference
97236; 399 c860W;399 c856W
Session
2002-03
Subjects
Consumers Business Economic situation National income
Contains statistics
Yes
Link
View this Written question on www.publications.parliament.uk