Noel Ahern
Question:104 Mr. N. Ahern asked the Minister for Finance if he will give details, for each of the years 1987 to 1999, of the size of the national debt; and the debt to GDP ratio for each year. [18738/00]
Written Answers. - National Debt.
Yearly national debt totals and the general Government debt/GDP ratios for the years 1987 to 1999 are as follows:
|
Year |
National Debt (£m) |
GGDebt/GDP % |
|
1987 |
23,694 |
119 |
|
1988 |
24,611 |
111 |
|
1989 *1 |
24,828 |
102 |
|
1990 |
25,083 |
94 |
|
1991 |
25,378 |
95 |
|
1992 |
26,344 |
92 |
|
1993 |
28,357 |
97 |
|
1994 |
29,227 |
91 |
|
1995 |
30,209 |
84 |
|
1996 |
29,912 |
75 |
|
1997 |
30,688 |
66 |
|
1998 |
29,541 |
56 |
|
1999 *2 |
31,383 |
52 |
Notes:
*1 1987-1989 on an ESA79 basis.
1990 onwards on an ESA95 basis.
*2 The increase in the debt between 1998 and 1999 reflects the accounting effect of the Securities Exchange Programme and the absorption of FEOGA debt (IR£375m) into the National Debt.