Pearse Doherty
Question:192. Deputy Pearse Doherty asked the Minister for Finance the expected growth in gross national income in both monetary value and percentage terms for each of the years 2016 to 2021 in tabular form. [9594/16]
View answerTuesday, 17 May 2016
Questions (192)
Written answers
Gross National Income (GNI) is calculated as Gross National Product (GNP) plus EU subsidies less EU taxes. The table following sets out the level and percentage point change in GNI over 2016 to 2021, in nominal terms, which is consistent with 2016 Stability Programme Update (SPU) projections.
|
2016 |
2017 |
2018 |
2019 |
2020 |
2021 |
|
|
GNI € billions |
194.7 |
204.5 |
214.6 |
223.5 |
232.2 |
240.8 |
|
change in € billions |
12.4 |
9.8 |
10.1 |
8.8 |
8.8 |
8.6 |
|
change in % |
6.8 |
5.0 |
4.9 |
4.1 |
3.9 |
3.7 |
Note: Levels above are reported on an ESA 2010 basis consistent with the SPU 2016 outlook. Until all Member States have ratified the Own Resources Decision (ORD) the EU budget contribution for 2016 will continue to be determined using the former ESA 95 basis.