HC Deb 25 July 1988 vol 138 cc9-11W
Mr. Tom Clarke

To ask the Secretary of State for Foreign and Commonwealth Affairs if he will publish a table in theOfficial Report showing, for each of the years 1973 to 1987, as a total for all non-oil developing countries for (a) the current account balance, (b) the current account balance excluding interest payments on external debts and official transfers and (c) the interest payments on external debt.

Mr. Chris Patten

The information is as follows:

Mr. Chris Patten

The information for 1979 is as follows:

US$ thousand million
Non-oil developing countries
Current account balance Current account balance1 Interest payments on external debt
1973 -11.3 -9.9 6.9
1974 -37.0 -36.4 9.3
1975 -46.3 -42.9 10.5
1976 -32.6 -29.2 10.9
1977 -29.6 -22.2 15.6
1978 -33.2 -19.6 21.9
1979 -50.7 -29.8 32.2
1980 -73.4 -36.4 49.5
1981 -98.4 -43.6 68.3
1982 -77.4 -12.1 78.4
1983 -41.8 15.4 71.2
1984 -25.9 38.5 78.5
Non-oil developing countries
Current account balance Current account balance1 Interest payments on external debt
1985 -28.1 31.9 77.1
1986 -13.1 43.8 74.6
1987 6.6 48.9 73.9

Source: World Economic Outlook, International Monetary Fund, 1983–1988.

1 Excluding official transfers and interest payments on external debts.

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