Appendix C-Contd.
Diagram 2
Historical and Projected Relationship
between Gross Domestic Product and Consolidated Account Expenditure
Illustrates the historical relationship between GDP and Government's Consolidated Account Expenditure since 1975-76 and projected figures up to 1990–91.
Consolidated Account
Expenditure as
percentage of GDP
20%
19%
18%
17%
16%
15%
14%
13%
12%
0
Actual
Projection
75-76 76-77 77-78 78-79 79-80 80-81 81-82 82-83 83-84 84-85 85-86 86-87 87-88 88-89 89-90 90-91
37
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Year