Dáil Éireann Debate, Thursday - 21 July 2016
853. Deputy James Lawless asked the Minister for Jobs, Enterprise and Innovation based on latest projections for 2017, the cost of having total research and development Exchequer funding as a percentage of GDP at the levels of, 0.4%, 0.5%, 0.6%, 0.7%, 0.8%, 0.9% and 1%; and if she will make a statement on the matter. [24201/16]
View answerThe latest projections for GDP for 2017 are as per the Summer Economic Statement published on 21 June 2016 and were also published in the Stability Programme Update on 26 April 2016. Updated macroeconomic forecasts will be published with Budget 2017 in October.
The cost of having total Research and Development Exchequer funding as a percentage of GDP at the levels of 0.4 per cent, 0.5 per cent, 0.6 per cent, 0.7 per cent, 0.8 per cent, 0.9 per cent and 1 per cent is set out in the following table.
|
Percentage |
€m* |
|
0.4 |
1,163 |
|
0.5 |
1,453 |
|
0.6 |
1,744 |
|
0.7 |
2,035 |
|
08 |
2,325 |
|
0.9 |
2,616 |
|
1.0 |
2,907 |
*Figures are subject to rounding
