Dáil Éireann Debate, Thursday - 22 March 2018
55. Deputy Brendan Howlin asked the Minister for Finance the gross and net debt-to-GDP and GNI ratios following the publication of the 2017 national accounts by the CSO on 8 March 2018; and if he will make a statement on the matter. [13405/18]
Amharc ar fhreagraOn 8 March 2018, the Central Statistics Office (CSO) published the Quarterly National Accounts for the fourth quarter of 2017, which included a preliminary GDP estimate for 2017.
The CSO will update modified GNI (GNI*) with the annual National Income and Expenditure publication in June/July.
The nominal gross and net general government debt forecasts are unchanged since the publication of the Economic and Fiscal Outlook as part of Budget 2018. Updated forecasts will be presented in the Stability Programme Update 2018, to be published in draft form in mid-April.
The information below sets out the results when the CSO's latest nominal GDP is used as the denominator. For convenience the Budget 2018 figures are also presented.
|
2017 |
With forecast GDP as at Budget 2018 |
With GDP as per Q4 2017 National Accounts |
|
General government gross debt (per cent GDP) |
70.1 |
68.4 |
|
General government net debt (per cent GDP) |
61.2 |
59.8 |
