Dáil Éireann Debate, Tuesday - 19 July 2016
503. Deputy David Cullinane asked the Minister for Public Expenditure and Reform to outline expenditure as a percentage of gross domestic product for each of the years 2002 to 2015; and if he will make a statement on the matter. [22073/16]
View answerThe Table below sets out General Government Expenditure and Gross Domestic Product for the period 2002 to 2015 as published by the Central Statistics Office (CSO), with the figures for 2015 reflecting the CSO's recent releases in relation to National Accounts and Government Income and Expenditure.
|
(€bn) |
2002 |
2003 |
2004 |
2005 |
2006 |
2007 |
2008 |
2009 |
2010 |
2011 |
2012 |
2013 |
2014 |
2015 |
|
General Government Expenditure |
44.9 |
48.0 |
51.8 |
56.7 |
62.6 |
70.7 |
78.5 |
80.0 |
109.1 |
79.6 |
73.5 |
71.7 |
73.0 |
75.2 |
|
Nominal GDP |
136.0 |
145.6 |
156.1 |
170.2 |
185.1 |
197.3 |
187.7 |
169.7 |
167.1 |
173.1 |
175.8 |
180.2 |
193.2 |
255.8 |
|
Expressed as a % GDP |
33.0% |
33.0% |
33.2% |
33.3% |
33.8% |
35.8% |
41.8% |
47.1% |
65.3% |
46.0% |
41.8% |
39.8% |
37.8% |
29.4% |
The Deputy will appreciate, that the recent revisions to Ireland's GDP level published by the CSO highlight that the ratio set out above must be interpreted with very significant caution taking account of the exceptional factors impacting on the measurement of GDP for Ireland.
