The figures for the Exchequer Balance for the years 2006-2010 as well as the latest estimate for 2011 are set out in the following table, along with nominal GDP figures for the years 2006-2010 as well as the latest estimate for 2011. The Deputy may wish to note that the Exchequer Balance figures for the years 2006-2009 are available from the September 2010 edition of my Department's Budgetary and Economic Statistics publication. The 2010 figure is from the end-December 2010 Exchequer Statement. The 2011 figure is the Department of Finance forecast from the recently published Stability Programme Update (SPU). These documents are available on my Department's website.
The nominal GDP figures for the years 2006-2010 are from the CSO Quarter 4 2010 Quarterly National Accounts publication, which is available on the CSO website. The 2011 figure is the Department of Finance forecast from the recently published SPU.
Revisions to the GDP level could affect the Exchequer Balance/GDP ratios
|
Exchequer Balance
|
Nominal GDP
|
Exchequer Balance
|
|
€ million
|
€ million
|
% of GDP
|
2006
|
+2,264
|
177,342
|
+1.3
|
2007
|
-1,619
|
189,374
|
-0.9
|
2008
|
-12,714
|
179,988
|
-7.1
|
2009
|
-24,641
|
159,647
|
-15.4
|
2010
|
-18,745
|
153,939
|
-12.2
|
2011 (Forecast)
|
-18,165
|
156,075
|
-11.6
|