The text on this page has been created from Hansard archive content, it may contain typographical errors.
42.
Mr. Hardy
To ask the Chancellor of the Exchequer if he will give his estimate of the trade deficit for 1990; and what are the comparable volume and real terms figures for 10 years earlier.
Mr. Norman Lamont
The visible trade balance in the first three quarters of 1990 was a deficit of 14·8 billion, or about 3½ per cent. of GDP. In 1980 there was a visible trade surplus of £1·4 billion, or ½ per cent. of GDP.