(South Tipperary) asked the Taoiseach the annual capital investment on a per capita basis over the last five available years in the public sector, and the estimated annual investment over the same period in the private sector on the same per capita basis.
Ceisteanna—Questions. Oral Answers. - Annual Capital Investment.
7.
It is not clear whether the Deputy requires the gross domestic capital formation of the public sector or the gross domestic capital formation financed by the public sector, some of which is actually carried out in the private sector of the economy. The information available, based on national income accounting concepts and definitions, relates to (a) total gross domestic capital formation (including the value of changes in stocks) in each year, (b) the gross domestic capital formation financed each year by public authorities (central government and local government), distinguishing that carried out in the public authority sector. The difference between (a) and (b) is the amount of gross domestic capital formation financed each year by the private sector, including semi-State bodies. I propose, with your permission, Sir, to circulate in the Official Report a statement showing the data available, which also includes figures expressed per head of the total population.
Following is the statement:
ANNUAL gross domestic capital formation, 1958-62.*
|
Sector |
1958 |
1959 |
1960 |
1961 |
1962 |
|
£ million |
|||||
|
(a) Total gross domestic capital formation |
71.9 |
104.8 |
98.4 |
107.4 |
130 |
|
(b) Gross domestic capital formation financed by public authorities |
31.8 |
34.9 |
42.5 |
46.0 |
54 |
|
of which gross domestic capital formation carried out in the public authority sector |
16.9 |
17.4 |
17.9 |
21.5 |
27 |
|
(c) = (a)-(b) Gross domestic capital formation financed from sources outside the public authority sector |
40.1 |
69.9 |
55.9 |
61.4 |
76 |
|
£ per head of population |
|||||
|
(a) Total gross domestic capital formation |
25.2 |
36.8 |
34.7 |
38.1 |
46 |
|
(b) Gross domestic capital formation financed by public authorities |
11.1 |
12.3 |
15.0 |
16.3 |
19 |
|
(c) Gross domestic capital formation financed from sources outside the public authority sector |
14.1 |
24.5 |
19.7 |
21.8 |
27 |
*For gross domestic capital formation financed by public authorities the years are the financial years commencing 1st April.