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Balance Of Payments

Volume 951: debated on Monday 12 June 1978

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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.

Goods, services and net property income from abroad

£ million
Calendar yearExports of goods and servicesImports of goods and servicesBalance of goods and servicesNet property income from abroad
196910,86210,559+303+530
197011,46611,101+365+556
197112,32311,660+663+486
197212,50012,840-340+499
197313,96714,393-426+1,002
197414,81614,681+135+702
197514,35713,689+668+427
197615,43114,207+1,224+590
197716,51614,858+1,658+142
First quarter 1978 (seasonally adjusted)4,1843,985+199+38
Transfer payments by both the Government and private sectors, which also form part of the balance of payments current account, are available only on a current price basis.