§ 19. Mr. Merchant
To ask the Chancellor of the Exchequer what is the ratio of debt to gross domestic product in(a) the United Kingdom, (b) Italy, (c) France and (d) Germany.
§ Mr. Portillo
The OECD estimates that the gross general Government debt to GDP ratio in 1992 was 42 per cent. in the United Kingdom, compared with 44 per cent. in Germany, 50 per cent. in France and 108 per cent. in Italy.