Balance of Payments

HC Deb 31 July 1978 vol 955 c81W

Mr. Lawson

asked the Chancellor of the Exchequer, further to the Written Answer to the hon. Member for Blaby on 19th July, if he will provide, for the periods end June 1970 to end-February 1974 and end-February 1974 to end June 1978, respectively, a breakdown of the balance of payments on current account between (a) the current account balance of payments with the OPEC countries and

BALANCE OF VISIBLE TRADE
					£ million, seasonally adjusted
				Total	With oil exporting countries*	With rest of world
End-June 1970 to end-March 1974	…	…	…	-4,056	-1,266	-2,790
End-March 1974 to end-March 1978	…	…	…	-12,855	-1,833	-11,022
* Abu Dhabi, Algeria, Bahrain, Brunei, Dubai, Ecuador, Gabon, Indonesia, Iran, Iraq, Kuwait, Libya, Nigeria, Oman, Qatar, Saudi Arabia, Sharjah etc., Trinidad and Tobago and Venezuela.