Written answers
Tuesday, 4 October 2011
Department of Finance
Balance of Payments Statistics
8:00 pm
Peter Mathews (Dublin South, Fine Gael)
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Question 125: To ask the Minister for Finance the balance of payments each year from 1980 to date in 2011 broken down into the current account and the capital account in tabular form; and if he will make a statement on the matter. [26891/11]
Michael Noonan (Limerick City, Fine Gael)
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The Central Statistics Office is responsible for the production of statistics relating to the Balance of Payments. It should be noted that there are discontinuities in the balance of payments series and that the data from 1998 onwards are not comparable with the old series because of greater enterprise coverage and a radically different compilation methodology. From 1998 onwards a financial account is published alongside the capital account.
Year | Balance on Current Account | Balance on Capital Account | Net errors and omissions |
1980 | -1,318 | 1,243 | 75 |
1981 | -2,025 | 1,877 | 148 |
1982 | -1,671 | 1,965 | -294 |
1983 | -1,175 | 1,496 | -322 |
1984 | -1,200 | 1,419 | -219 |
1985 | -826 | 1,284 | -458 |
1986 | -776 | 1,801 | -1,023 |
1987 | -76 | -224 | 300 |
1988 | 79 | -368 | 288 |
1989 | -442 | -575 | 1,017 |
1990 | -284 | -1,638 | 1,922 |
1991 | 265 | -1,484 | 1,219 |
1992 | 406 | -748 | 342 |
1993 | 1,585 | -2,560 | 975 |
1994 | 1,267 | -2,815 | 1,548 |
1995 | 1,359 | -1,186 | -173 |
1996 | 1,606 | -1,501 | -105 |
1997 | 1,629 | -4,783 | 3,154 |
Year | Balance on Current Account | Balance on Capital Account | Balance on Financial Account | Net errors and omissions |
1998 | 627 | 840 | 1,135 | -2,602 |
1999 | 226 | 560 | -2,211 | 1,425 |
2000 | -379 | 1,182 | 8,420 | -9,223 |
2001 | -757 | 703 | -319 | 372 |
2002 | -1,295 | 512 | 1,070 | -287 |
2003 | -2 | 93 | -1,372 | 1,280 |
2004 | -867 | 279 | 3,801 | -3,212 |
2005 | -5,690 | 264 | -487 | 5,912 |
2006 | -6,304 | 223 | 4,770 | 1,311 |
2007 | -10,124 | 39 | 12,051 | -1,966 |
2008 | -10,169 | 47 | 16,132 | -6,010 |
2009 | -4,697 | -1,252 | -885 | 6,833 |
2010 | 761 | -673 | 12,390 | -12,479 |
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