§ 34. Mr. ThurnhamTo ask the Secretary of State for Trade and Industry what is his estimate of the United Kingdom's invisible exports for the last five years; and if he will make a statement.
§ Mr. SainsburyThe latest information is available from the balance of payments Pink Book 1990 and the quarterly balance of payments press notice, available in the Library of the House, or on the Central Statistical Office's database, which may also be accessed through the Library.
Between the first three quarters of 1985 and 1990 invisible credits rose by 40 per cent. In 1988, the latest year for which figures are available, the United Kingdom had the second largest share—14.5 per cent.—of world invisible credits, ranking after the United States of America.