asked the Taoiseach (a) the adverse trade balance in each year since 1972, (b) the balance-of-payments deficit for the same period and (c) the percentage of GNP each year since 1972.
Written Answers. - Trading Statistics.
397.
The information requested by the Deputy is shown in the following table.
|
Year |
(a) Import excess (merchandise) |
(b) Balance of payments deficit |
(c) Balance of payments deficit as a percentage of GNP |
|
£ million |
£ million |
% |
|
|
1972 |
190.5 |
48.4 |
2.1 |
|
1973 |
268.1 |
82.3 |
3.0 |
|
1974 |
492.0 |
280.2 |
9.4 |
|
1975 |
263.0 |
6.0 |
0.2 |
|
1976 |
478.9 |
157.1 |
3.5 |
|
1977 |
572.7 |
155.2 |
2.9 |
|
1978 |
749.9 |
148.8 |
2.4 |
|
1979 |
1,317.2 |
730 (e) |
10 (e) |
(e) estimated.