HC Deb 11 July 1977 vol 935 c20W
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 periods 1945–51, 1952–64, 1965–70, 1971–74 and 1975–76.

Mr. Robert Sheldon

Current balance figures for 1945 are not available For the years from 1946 the annual average surplus or deficit on the current account of the balance of payments are now estimated as follows:

£ million
1946–51 — 108
1952–64 69
1965–70 116
1971–74 — 729
1975–76 —1,563