From Table 8.4 it can be seen that,

From Table 8.4 it can be seen that, like gross investment, the level of replacement
investment is cyclical. It rose as a percentage of gross investment in the boom of the late
1980s and fell in the recession of the early 1990s. In 1995, net investment was nearly 31
per cent of gross investment, so that nearly 70 per cent of investment that took place in
that year was for replacement purposes. More up-to-date information is unavailable as
the ONS has ceased publication of the data used in Tables 8.3 and 8.4.