This article analyses the net external asset position of the United Kingdom. It considers the identified investment flows into and out of the country, the valuation changes to existing assets and the accrued flows of interest, profits and dividends-and also offers some international comparisons. A supplementary section features problems associated with balance of payments statistics, as reflected in the UK balancing item.
Continuing an annual series, the article covers developments during 1989 (using figures published in the 1990 CSO Pink Book) and gives indications for the first half of 1990.
The external balance sheet of the United Kingdom: recent developments