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Economic Data

Dáil Éireann Debate, Thursday - 3 April 2014

Thursday, 3 April 2014

Questions (64)

Brendan Griffin

Question:

64. Deputy Brendan Griffin asked the Minister for Finance the rate of GNP expansion and-or contraction, in tabular form for each year since 2000; and if he will make a statement on the matter. [15800/14]

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Written answers

The following table sets out the level of Gross National Product (GNP) in both current and constant prices in Ireland and the annual volume percentage changes since 2000. GNP is a measure of income accruing to residents of a country.  In Ireland, GNP is currently considerably lower than GDP because of outward income flows to non-residents, especially profits and dividends of foreign direct investment enterprises.  Since 2000, GNP has ranged between 80 per cent and 87 per cent of the value of GDP and stood at close to 84 per cent in 2013.

Year

GNP at Current Market Prices €m

GNP at Constant (2011) Market Prices €m

GNP Volume Change %

2000

90,156

111,350

11.0

2001

98,549

114,397

2.7

2002

107,021

116,411

1.8

2003

118,911

121,879

4.7

2004

127,146

126,493

3.8

2005

138,636

134,117

6.0

2006

154,309

142,874

6.5

2007

163,134

148,033

3.6

2008

154,933

145,317

-1.8

2009

133,919

132,051

-9.1

2010

131,812

132,750

0.5

2011

130,662

130,662

-1.6

2012

132,649

132,984

1.8

2013*

137,917

137,476

3.4

*Provisional

Source: CSO 'National Income and Expenditure'

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