HC Deb 07 December 1988 vol 143 c203W
Mr. Yeo

To ask the Chancellor of the Exchequer what are the latest figures for the stock of net overseas assets.

Mr. Major

At the end of 1987 the United Kingdom's net stock of overseas assets was worth £89½ billion, or 21 per cent. of GDP. These assets generated earnings of £5½ billion in 1987. The surplus on invisibles in 1986 and 1987 was the largest in the world.