asked the Minister for Finance if he will give the current budget deficit as a percentage of GNP for each year from 1975 to 1985.
Written Answers. - Budget Deficit.
The table following sets out, in respect of the current budget deficit, the budget estimate, the outturn as published in the budget booklets, and the outturn presented as a percentage of GNP for each of the years 1975 to 1984. The budget estimate for the current budget deficit for 1985 was £1,234 million, equivalent to some 7.9 per cent of GNP.
Estimate |
Outturn |
Outturn as % of GNP |
|
£m |
£m |
% |
|
1975 |
242 |
259 |
6.8 |
1976 |
327 |
201 |
4.4 |
1977 |
218 |
201 |
3.6 |
1978 |
405 |
397 |
6.1 |
1979 |
289 |
522 |
6.8 |
1980 |
353 |
547 |
6.1 |
1981 |
515 |
802 |
7.4 |
1982 |
679 |
988 |
8.0 |
1983 |
897 |
960 |
7.1 |
1984 |
1,089 |
1,039 |
7.1 |
Note: Because of the transfer from January 1984 of responsibility for the day-to-day operation of the postal and telecommunications services to An Post and Bord Telecom Éireann, the figures for 1984 are not directly comparable with those for 1983 and earlier years.