Oireachtas Joint and Select Committees
Tuesday, 13 September 2016
Committee on Budgetary Oversight
Pre-Budget Statement: Irish Fiscal Advisory Council
1:05 pm
Dr. Thomas Conefrey:
On the per capitaitems first, we looked previously at debt per capitaand it may be a ratio we use in the next report depending on whether we have new or improved macro data at that point. Some of the macro indicators that we looked at in the report were underlying domestic demand, excluding planes and intangibles, and consumption and net national income. In terms of the latter two, consumption per capitaand net national income per capita, it is interesting that if one looks at those measures in real terms, the level of consumption per head and the level of net national income per head are both still slightly below their 2007 peak as of 2015. That is obviously showing a different picture from what one gets using GDP or GNP based on the revised data. It is certainly something that is useful.
In terms of an international comparison-----
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