Overseas Investments (Hansard, 31 March 1988)

HC Deb 31 March 1988 vol 130 c613W 613W

§ Mr. Cran
To ask the Chancellor of the Exchequer what was the amount of earnings from overseas investments in 1987–l88; what proportion this constitutes of the national income; and what are the comparable figures for the preceding five years.

§ Mr. Major
The figures are shown in the table.

Year Net earnings¹on overseas assets £ million Per cent. of GDP

1982–83 2,056 0.7

1983–84 2,678 0.9

1984–85 4,493 1.4

1985–86 2,905 0.8

1986–87 5,629 1.4

1987–88² 4,196 1.3

¹In respect of United Kingdom investments overseas less overseas investments in the United Kingdom.

² First three quarters only available.

Year	Net earnings¹on overseas assets £ million	Per cent. of GDP
1982–83	2,056	0.7
1983–84	2,678	0.9
1984–85	4,493	1.4
1985–86	2,905	0.8
1986–87	5,629	1.4
1987–88²	4,196	1.3
¹In respect of United Kingdom investments overseas less overseas investments in the United Kingdom.
² First three quarters only available.