Wednesday, 27 February 2013

Questions (101)

Richard Boyd Barrett

Question:

101. Deputy Richard Boyd Barrett asked the Minister for Finance if he will provide, in tabular form, the annual figures on gross capital information here between the years 2000 and 2012 or up to as recently as such figures are available; and if he will make a statement on the matter. [10730/13]

View answer

Written answers (Question to Finance)

Set out below are the annual amounts of gross fixed capital formation from 2000 to 2011, as produced by the Central Statistics Office (CSO). The CSO will publish the Q4 2012 National Accounts data in the coming months, at which time the full year figure for 2012 will be available.

Gross Domestic Fixed Capital Formation at Current Market Prices - €m

2000

2001

2002

2003

2004

2005

2006

2007

2008

2009

2010

2011

24,451

26,343

28,306

31,583

36,649

43,566

48,294

48,377

39,324

25,601

18,745

16,112

Source: CSO National Accounts

Further information is available here - http://www.cso.ie/en/media/csoie/releasespublications/documents/economy/2011/nie2011.pdf

In nominal terms, the level of gross fixed capital formation peaked in 2007, falling thereafter inter alia as a result of the sharp fall in house building. A modest recovery is expected in 2013 with a projected increase of 3.2 per cent in real terms from 2012 levels.