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Structural Budget Balance

Dáil Éireann Debate, Tuesday - 23 October 2018

Tuesday, 23 October 2018

Questions (211)

Michael McGrath

Question:

211. Deputy Michael McGrath asked the Minister for Finance the projected structural balance each year from 2019 to 2023 inclusive, both in money terms and as a percentage of GDP; and if he will make a statement on the matter. [43511/18]

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Written answers

I can advise the Deputy that the projected structural balance for each year 2019 to 2023 is detailed in percentage terms in table 1 of the Economic and Fiscal Outlook published as part of Budget 2019.

Estimates of the approximate equivalent levels in nominal terms are presented in tabular form below.

 

2019

2020

2021

2022

2023

Structural balance, per cent of GDP

-0.7

0.0

0.2

1.0

1.4

Structural balance, €m

-2,390

0.0

750

3,920

5,735

Nominal GDP, €m

341,475

359,975

375,775

392,225

409,725

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