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Goods And Services (Exports)

Volume 986: debated on Monday 16 June 1980

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26.

asked the Secretary of State for Trade what has been the value of exports of goods and services, expressed as a percentage of gross domestic product in the years 1970, 1975 and the most recent year for which figures are available ; and how this performance compares with other major industrialised countries.

For the United Kingdom, the share of exports of goods and services in GDP at market prices was 24 per cent. in 1970, 27 per cent. in 1975 and 30 per cent. in 1978. For each year, this has been higher than for any of the other major industrial countries.