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]
View answerDáil Éireann Debate, Thursday - 3 April 2014
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]
View answerThe 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'