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Invisible Earnings

Volume 978: debated on Monday 4 February 1980

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asked the Chancellor of the Exchequer if he will list in the Official Reportthe net surplus in invisibles for each of the last five years, including 1979.

The latest estimates are as follows:

£ million
1975+1615
1976+2759
1977+2037
1978+2207
1979+815
The estimate for 1979 includes a projec-

tion of the surplus on invisibles in the fourth quarter and so is particularly subject to revision. Detailed information on invisibles up to the third quarter of 1979 is available in the quarterly article on the balance of payments published in

Economic Trends, December 1979.