Dáil Éireann Debate, Tuesday - 16 April 2013
330. Deputy Kevin Humphreys asked the Minister for Finance if he will provide, in tabular form, the underlying general Government deficit, exclusive of supports to the banks, for each of the years from 2008 to 2012 and estimates for 2013 to 2015, in percentage terms of GDP and monetary terms for each of those years; and if he will make a statement on the matter. [17226/13]
Amharc ar fhreagraThe data requested by the Deputy relating to underlying general government deficit, covering the period 2008 to 2015, is listed in the following table.
|
Underlying general government deficit (€m) |
Underlying general government deficit as % GDP |
|
|
2008 |
13,160 |
7.4 |
|
2009 |
18,484 |
11.5 |
|
2010 |
16,723 |
10.7 |
|
2011 |
14,432 |
9.1 |
|
2012 |
13,305 |
8.2 |
|
2013 |
12,646 |
7.5 |
|
2014 |
8,905 |
5.1 |
|
2015 |
5,325 |
2.9 |
Source: Eurostat, DOF
General government deficit information 2008-2011 was sourced from Eurostat. Figures relating to 2012 and subsequent years were obtained from Budget 2013 receipts and expenditures of general government tables. The underlying deficit is derived using my Department’s estimates of banking recapitalisation and is consistent with the concept of underlying deficit used in the Budget 2013 document and other Department of Finance publications.
Revised figures 2009-2012 will be issued as part of the March 2013 EDP return on the 22nd April 2013 while updated projections for periods 2013-2016 will be published in the forthcoming Stability Program Update document.
