HC Deb 19 July 1976 vol 915 c355W
Mr. Knox

asked the Chancellor of the Exchequer what was the average annual surplus or deficit in the current account of the balance of payments in the following periods: (a) 1945 to 1951, (b) 1952 to 1964, (c) 1965 to 1970, (d) 1971 to 1973 and (e) 1974 to the present time.

Mr. Robert Sheldon

Current balance figures for 1945 are not available. Otherwise, the annual average surplus or deficit on the current account of the balance of payments has run as follows:

£ million
1946–51 —108
1952–64 69
1965–70 117
1971–73 116
1974–75 —2,656