§ Mr. WareingTo ask the President of the Board of Trade what has been the volume of United Kingdom outward investment in each year since 1979; and what percentage change this represented in each year. [479]
115W
§ Mr. Greg Knight[holding answer 28 October 1996]: Information on the volume of United Kingdom outward investment is not available. The level of outward investment, by value, is given in current prices in the following table.
United Kingdom outward investment Value (£ million, current prices) Percentage change on previous year Direct Portfolio Total Direct Portfolio Total 1979 5,889 887 6,776 — — — 1980 4,867 3,310 8,177 -17.4 273.2 20.7 1981 6,005 4,467 10,472 23.4 35.0 28.1 1982 4,091 7,565 11,656 -31.9 69.4 11.3 1983 5,417 7,350 12,767 32.4 -2.8 9.5 1984 6,042 9,755 15,797 11.5 32.7 23.7 1985 8,430 16,754 25,184 39.5 71.7 59.4 1986 11,649 22,288 33,937 38.2 33.0 34.8 1987 19,147 -5,324 13,823 64.4 n/a -59.3 1988 20,863 11,209 32,072 9.0 n/a 132.0 1989 21,503 36,524 58,027 3.1 225.8 80.9 1990 10,490 17,206 27,696 -51.2 -52.9 -52.3 1991 9,056 29,157 38,213 -13.7 69.5 38.0 1992 10,850 27,346 38,196 19.8 -6.2 0.0 1993 17,026 84,828 101,854 56.9 210.2 166.7 1994 18,363 -17,968 395 7.9 n/a -99.6 1995 25,546 40,327 65,873 39.1 n/a 16576.7 Source:
United Kingdom Balance of Payments, The Pink Book, Office for National Statistics.