3.6 Government investment
|Why is it
The public sector is responsible for a significant part of the nationís capital stock and plays a lead role in investment in transport and other communications infrastructure.
How does the UK perform?
terms of government investment as a percentage of GDP, the UK hIn
terms of government investment as a percentage of GDP, the UK has
consistently underperformed compared with its main competitors, lagging
all G7 countries for the periods 1980-1989 and 1990-2001 (Chart
The legacy of under-investment
can be seen in our transport infrastructure for example. Total transport
investment has been falling in both real terms and as a percentage of GDP
since the early 1990s (Chart 3.6.2),
but is forecast to rise under the Governmentís Ten Year transport Plan.
Last updated on 14 October 2002