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Economic Data

Dáil Éireann Debate, Tuesday - 12 February 2019

Tuesday, 12 February 2019

Questions (169, 170)

Pearse Doherty

Question:

169. Deputy Pearse Doherty asked the Minister for Finance the level and projected levels of general expenditure from 2010 to 2024, inclusive, or the latest available date by current and capital (details supplied) in tabular form. [6560/19]

View answer

Pearse Doherty

Question:

170. Deputy Pearse Doherty asked the Minister for Finance the level and projected levels of general revenue from 2010 to 2024, inclusive, or the latest available date by tax and non-tax revenue (details supplied) in tabular form. [6561/19]

View answer

Written answers

I propose to take Questions Nos. 169 and 170 together.

Firstly, it is worth noting that projections for the General Government (GG) revenue and expenditure for 2018 to 2023 can be found in table 11 of the Economic and Fiscal Outlook, published as part of Budget 2019. The figures are reproduced below for the Deputy’s convenience. As the Deputy will appreciate, projections beyond 2023 have not been complied by my Department. All nominal GG revenue and expenditure figures provided as follows are displayed in millions.

Table 1 as follows sets out the Central Statistics Office's (CSO) outturns for the period 2010 to 2017 in respect of GG revenue and GG revenue expressed as a percentage of GNI*, GDP and GG expenditure. The CSO will publish its first official estimate for 2018 in April.

In addition, the table also includes EU-15 and EU-28 comparisons of GG revenue as percentage of GDP. The latter data, up to and including 2017, is available on Eurostat's database.

Table 1: general government revenue outturns

-

2010

2011

2012

2013

2014

2015

2016

2017

GG revenue, € million

55,376

57,746

59,498

61,502

66,012

70,901

73,655

76,540

GG revenue, per cent of GNI*

42.9

45.6

47.1

44.9

44.4

43.9

41.9

42.2

GG revenue, per cent of GG expenditure

50.8

72.5

80.8

84.8

90.4

93.4

98.0

99.1

GG revenue, per cent of GDP

33.0

33.7

34.0

34.2

33.8

27.0

27.0

26.0

EU-15 GG revenue, per cent of GDP

43.9

44.4

45.1

45.8

45.5

45.0

45.1

45.3

EU-28 GG revenue, per cent of GDP

43.5

44.0

44.6

45.3

45.0

44.6

44.6

44.8

Source: CSO, Eurostat

Table 2 sets out the projections in respect of GG revenue, and GG revenue expressed as a percentage of GNI*, GDP and GG expenditure for the period 2018 to 2023, as per Budget 2019, Economic and Fiscal Outlook.

Table 2: general government revenue projections

-

2018

2019

2020

2021

2022

2023

GG revenue, € million

80,830

85,235

88,900

92,600

96,645

100,675

GG revenue, per cent of GNI*

41.3

41.1

40.7

40.7

40.7

40.6

GG revenue, per cent of GDP

25.1

25.0

24.7

24.6

24.6

24.6

GG revenue, per cent of GG expenditure

99.6

99.9

101.2

101.8

104.5

106.1

Source: Department of Finance

Table 3 sets out the CSO's finalised outturn for the period 2010 to 2017 in respect of GG expenditure and GG expenditure expressed as a percentage of GNI*, GDP and GG revenue. Likewise, the table also includes EU-15 and EU-28 comparisons of GG expenditure as percentage of GDP. This data up to and including 2017 is available on Eurostat's database.

Table 3: general government expenditure outturns

-

2010

2011

2012

2013

2014

2015

2016

2017

GG expenditure, € million

109,088

79,622

73,612

72,529

73,057

75,915

75,121

77,269

GG expenditure, per cent of GNI*

84.6

62.9

58.2

53.0

49.2

47.0

42.7

42.6

GG expenditure, per cent of GG revenue

197.0

137.9

123.7

117.9

110.7

107.1

102.0

101.0

GG expenditure, per cent of GDP

65.0

46.5

42.0

40.3

37.4

28.9

27.5

26.3

EU-15 GG expenditure, per cent of GDP

50.3

49.0

49.4

49.2

48.4

47.4

46.8

46.3

EU-28 GG expenditure, per cent of GDP

49.9

48.5

48.9

48.6

47.9

46.9

46.3

45.8

Source: CSO, Eurostat

Table 4, as follows, sets out the projections in respect of GG expenditure, and GG expenditure expressed as a percentage of GNI*, GDP and GG Revenue for the period 2018 to 2023, as per Budget 2019 Economic and Fiscal Outlook.

Table 4: general government expenditure projections

-

2018

2019

2020

2021

2022

2023

GG expenditure, € million

81,845

85,310

87,840

90,985

92,480

94,865

GG expenditure, per cent of GNI*

41.4

41.1

40.2

40.0

39.0

38.3

GG expenditure, per cent of GDP

25.2

25.0

24.4

24.2

23.6

23.2

GG expenditure, per cent of GG revenue

100.4

100.1

98.8

98.3

95.7

94.2

Source: Department of Finance

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