Oireachtas Joint and Select Committees

Thursday, 13 October 2016

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach

National Economic Output: Director General, Central Statistics Office

10:00 am

Mr. Pádraig Dalton:

Within Europe the owners would be the Commission which is EUROSTAT, and the legal basis is ESA 2010, the European system of regional and national accounts. ESA 2010 is a derivative of the system of national accounts 2008, which is the global standard. The responsibility and lead for that is the United Nations. Of course, this is not just the United Nations on its own; obviously, there is a huge level of stakeholder engagement with economists and policy-makers to provide input to that. An inter-agency group has been established to start talking about the next set of global indicators. That will take many years to develop. Ireland has been invited onto that group. The CSO's, Mr. Michael Connolly, has been personally invited onto that group because of Ireland's expertise in globalisation. On a global level, it is led by the United Nations and at European level it is EUROSTAT.

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