§ 29. Mr. HendryTo ask the Secretary of State for Culture, Media and Sport what the balance of trade is on tourism. [17013]
§ Dr. HowellsThe latest estimate of balance of payments deficit from tourism (seasonally adjusted figures) in the year to September 2001 is £13.7 billion. Earnings and overseas expenditure in the years to September 2000 and 2001 are summarised in the following table.
Balance of expenditure by overseas visitors to the UK and UK residents abroad £ billion 12 months ending: September 2000 September 2001 Visitors to the UK 12.8 11.8 UK residents 23.8 25.5 Balance (deficit) -11.0 -13.7 Source:
Derived from International Passenger Survey