asked the Minister for Finance how Ireland's rate of economic growth compares with other EEC countries.
Written Answers. - Economic Growth Rate.
172.
In 1983, Ireland's gross domestic product grew by 0.6 per cent in real terms compared with an increase of 1 per cent for the European Community as a whole. For 1984, Ireland's GDP growth is expected to be a little over 3 per cent, while the European Commission's latest published forecast of growth in the European Community is 2.2 per cent. The figures for the individual member states are contained in a tabular statement which I propose to circulate in the Official Report.
Comparative Real Growth in Gross Domestic Product, Ireland and the European Community.
|
1983 |
1984 (forecast) |
|
|
% |
% |
|
|
Ireland |
0.6 |
3¼ |
|
Federal Republic of Germany |
0.9 |
3.0 |
|
France |
0.8 |
1.1 |
|
United Kingdom |
3.5 |
2.7 |
|
Italy |
-1.3 |
2.4 |
|
Netherlands |
0.8 |
2.1 |
|
Belgium |
0.0 |
1.3 |
|
Denmark |
2.5 |
2.7 |
|
Greece |
0.2 |
1.7 |
|
Luxembourg |
-1.4 |
0.3 |
|
European Community |
1.0 |
2.2 |
Sources: Ireland: For 1983, CSO preliminary estimate; for 1984, projection included in “Building on Reality, 1985-1987”. Other member states:“European Economy”, Supplement A, June 1984; forecasts for 1984 are by the Commission services.