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Balance Of Trade

Volume 974: debated on Monday 26 November 1979

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asked the Chancellor of the Exchequer whether, further to his answer on 13 November concerning the growth in output and productivity over the past five years, he will circulate a table in the Official Report comparing

Balance of trade in goods other than oilManufacturing industries 1975=100Whole economy other than extraction of petroleum and natural gas and manufacturing industries 1975=100
£ millionOutputOutput per person employedOutputOutput per person employed
1974-1,810107·5101·899·8100·9
1975-128100·0100·0100·0100·0
1976372102·1104·6101·5100·8
19771,047103·7105·1102·9102·2
1978840104·1106·5106·0104·5
1979 Jan-June-1,832105·3108·5107·0104·6
Col (1) Trade in goods other than oil on a balance of payments basis.
Col (2) Index of industrial production for manufacturing industries, adjusted to allow for the use of delivery rather than production indicators in certain industries.
Col (3) Derived from regularly published estimates of output per person employed in the manufacturing industries.
Col (4) Derived from output-based measure of gross domestic product GDP (O), excluding manufacturing industries and activities classified to exploration for, and extraction of, mineral oil, natural gas and natural gas condensates on land and offshore.
Col (5) Derived from col (4) divided by the total employed labour force in non-manufacturing sectors.