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1987-1990 - Mr Major’s Written Parliamentary Answer on EC Gross Domestic Products

Below is the text of Mr Major's written Parliamentary Answer on EC Gross Domestic Products on 13th November 1990.

Mr. Biffen To ask the Chancellor of the Exchequer if he will list the gross domestic products of the countries comprising the European Community, showing also the estimated respective size of the undeclared or black economies.

Mr. Major Following is the information requested:

GDP at purchasing power parities 1989 (United States dollars billions)

United Kingdom 818.4

Germany 941.7

France 820.0

Italy 798.6

Belgium 135.2

Denmark 73.8

Greece 73.2

Ireland 31.2

Luxembourg 6.3

Netherlands 205.1

Portugal 71.9

Spain 399.3

Source: OECD.

Some of these figures may include an allowance for activity in the undeclared, or black, economy, but no comprehensive statement is available on the size and extent of these allowances.