§ 33. Mr. William Hamiltonasked the Chancellor of the Exchequer what was the total investment overseas in each of the last 10 years; and how much of it was investment in developed and underdeveloped countries, respectively.
UNITED KINGDOM LONG-TERM INVESTMENT OVERSEAS, 1955–1964 Outflow-/Inflow+ £ million 1955 1956 1957 1958 1959 A. Government loans and other official investment, net of capital repayments and disinvestment— In developing countries - 36 - 12 - 14 - 14 - 42 In other countries + 22 + 19 + 21 + 24 + 68 TOTAL - 14 + 7 + 7 + 10 + 26 B. Private investment, net of disinvestment— In developing countries -182 -258 -298 -144 -149 In other countries -163 -162 TOTAL -182 -258 -298 -307 -311 C. Total long-term investment, net (A and B together)— In developing countries -196 -251 -291 -158 -191 In other countries -139 - 94 TOTAL -196 -251 -291 -297 -285 132W
1960 1961 1962 1963 1964 A. Government loans and other official investment, net of capital repayments and disinvestment In developing countries - 57 - 74 - 59 - 57 - 79 In other countries + 37 +102 + 12 + 6 + 4 TOTAL - 20 + 28 47 - 51 - 75 B. Private investment, net of disinvestment— In developing countries - 143 - 131 - 69 - 65 - 75* In other countries - 171 - 190 - 184 - 273 - 348* TOTAL - 314 - 321 -253 -338 - 423 C. Total long-term investment, net (A and B together)— In developing countries - 200 - 205 -128 -122 -154* In other countries - 134 - 88 -172 -267 -344* TOTAL -334 - 293 -300 -389 - 498 * Preliminary estimates, subject to a margin of error of the order of plus or minus £15 million.
§ Mr. CallaghanAs the Answer comprises of a number of figures, I will, with permission, give it in the form of a table. Separate figures of investment in developing and in developed countries are only available from 1958 on a comparable basis.