asked the Taoiseach (a) total exports, (b) total imports, (c) the adverse trade balance and (d) the deficit in the balance of payments in respect of each year from 1954 to the latest available date.
Written Answers. - Balance of Payments.
The information requested by the Deputy, as compiled for balance of payments purposes, is shown in the following table:
Year |
Merchandise exports* (f.o.b.) |
Merchandise imports* (c.i.f.) |
Balance on merchandise trade |
Overall balance on current account† |
£ million |
||||
1954 |
110.1 |
174.9 |
–64.8 |
–5.5 |
55 |
104.7 |
202.3 |
–97.6 |
–35.5 |
56 |
102.3 |
176.7 |
–74.4 |
–14.4 |
57 |
123.7 |
176.9 |
–53.2 |
+9.2 |
58 |
121.8 |
190.0 |
–68.2 |
–1.0 |
59 |
122.4 |
204.6 |
–82.2 |
–8.7 |
1960 |
144.5 |
218.1 |
–73.6 |
–0.8 |
61 |
169.8 |
251.6 |
–81.8 |
+1.2 |
62 |
164.6 |
264.8 |
–100.2 |
–13.4 |
63 |
186.4 |
297.6 |
–111.2 |
–22.1 |
64 |
212.3 |
339.9 |
–127.6 |
–31.4 |
65 |
211.4 |
362.6 |
–151.2 |
–41.8 |
65‡ |
233.8 |
380.9 |
–147.1 |
–41.8 |
66 |
266.1 |
390.6 |
–124.5 |
–16.1 |
67 |
307.0 |
407.1 |
–100.1 |
+15.2 |
68 |
355.7 |
508.6 |
–152.9 |
–16.3 |
69 |
395.9 |
605.8 |
–209.9 |
–69.1 |
1970 |
457 |
666 |
–209 |
–62 |
* As adjusted for the Balance of International Payments Statement.
† Including the "Balance unaccounted for".
‡ For years from 1965 the method of presentation has been altered, the principal change being that the external trade of Shannon Free Airport is included with merchandise trade instead of with other items.