§ Mr. Knoxasked the Chancellor of the Exchequer what has been the balance of payment surplus or deficit in each year since 1945.
§ 1980 Mr. LawsonEstimates of the United Kingdom's balance on current account for the years 1946 to 1975 are available on page 125 ofEconomic Trends, Annual SupplementEdition, a copy of which is available in the House of Commons Library. The official comparable figures are not available for 1945. The latest estimates for 1976–79 are as follows:
£ million 1976 —1,152 1977 —202 1978 +714 1979 —2,418 The estimate for 1979 includes a projection of invisibles transactions for the fourth quarter and so is particularly subject to revision as further information becomes available.