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Mr. Nicholas Winterton
asked the Chancellor of the Exchequer what was the annual average net balance of payments of Great Britain at 1970 prices for each of the years 1969 to the first quarter of 1978.
Mr. Robert Sheldon
Goods, services and net property income from abroad
£ million | ||||
Calendar year | Exports of goods and services | Imports of goods and services | Balance of goods and services | Net property income from abroad |
1969 | 10,862 | 10,559 | +303 | +530 |
1970 | 11,466 | 11,101 | +365 | +556 |
1971 | 12,323 | 11,660 | +663 | +486 |
1972 | 12,500 | 12,840 | -340 | +499 |
1973 | 13,967 | 14,393 | -426 | +1,002 |
1974 | 14,816 | 14,681 | +135 | +702 |
1975 | 14,357 | 13,689 | +668 | +427 |
1976 | 15,431 | 14,207 | +1,224 | +590 |
1977 | 16,516 | 14,858 | +1,658 | +142 |
First quarter 1978 (seasonally adjusted) | 4,184 | 3,985 | +199 | +38 |