Ivor Callely
Ceist:120 Mr. Callely asked the Minister for Finance Ireland's GNP and GDP for 1998; and if he will make a statement on the large difference between both figures. [16771/99]
Written Answers. - GDP-GNP Ratios.
Estimates of Ireland's gross domestic product and gross national product for 1998 are not yet available. They will be published by the Central Statistics Office on 30 June.
For 1997, GDP was estimated to be £48,241 million compared with GNP of £41,919 million, a difference of £6,322 million or 13 per cent of GDP. This difference relates to a number of items, the most important of which are interest payments on the foreign held component of the national debt and the profits of multinational companies operating in Ireland.