Written answers
Wednesday, 12 December 2012
Department of Finance
General Government Debt
Catherine Murphy (Kildare North, Independent)
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To ask the Minister for Finance if he will provide figures of the total interest payment made by the State on General Government Debt for each year 1990 to date in 2012 by amount and as a percentage of total Government expenditure in each year. [55705/12]
Michael Noonan (Limerick City, Fine Gael)
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The information requested by the Deputy for the years 1995 to 2012 is provided in the following table.
Interest Payments €m | Interest % of Govt. Expenditure | |
---|---|---|
1995 | 2,718 | 12.76% |
1996 | 2,625 | 11.40% |
1997 | 2,935 | 11.09% |
1998 | 2,608 | 9.50% |
1999 | 2,090 | 6.72% |
2000 | 2,144 | 6.50% |
2001 | 1,825 | 4.68% |
2002 | 1,854 | 4.23% |
2003 | 1,805 | 3.86% |
2004 | 1,739 | 3.45% |
2005 | 1,750 | 3.17% |
2006 | 1,865 | 3.05% |
2007 | 1,975 | 2.84% |
2008 | 2,402 | 3.12% |
2009 | 3,294 | 4.20% |
2010 | 4,975 | 4.81% |
2011 | 5,326 | 6.96% |
2012 (f) | 6,292 | 9.11% |
Interest and expenditure payments 1995-2011 were sourced from Eurostat. 2012 figures were obtained from Budget 2013 receipts and expenditures of general government tables.
Interest from 1990-1994 is given in the following table sourced from CSO historical National Accounts. Total Expenditure by General Government consistent with the definition of Expenditure used in the table above is not available for these years.
Interest Payments | |
---|---|
1990 | 2,144 |
1991 | 1,825 |
1992 | 1,854 |
1993 | 1,805 |
1994 | 1,739 |
The information requested by the Deputy for the years 1995 to 2012 is provided in the following table.
Year | Interest Payments | Interest as % of Govt. Expenditure |
---|---|---|
1995 | 2,718 | 12.76% |
1996 | 2,625 | 11.40% |
1997 | 2,935 | 11.09% |
1998 | 2,608 | 9.50% |
1999 | 2,090 | 6.72% |
2000 | 2,144 | 6.50% |
2001 | 1,825 | 4.68% |
2002 | 1,854 | 4.23% |
2003 | 1,805 | 3.86% |
2004 | 1,739 | 3.45% |
2005 | 1,750 | 3.17% |
2006 | 1,865 | 3.05% |
2007 | 1,975 | 2.84% |
2008 | 2,402 | 3.12% |
2009 | 3,294 | 4.20% |
2010 | 4,975 | 4.81% |
2011 | 5,326 | 6.96% |
2012f | 6,292 | 9.11% |
Source: Eurostat, DOF
Interest and expenditure payments 1995-2011 were sourced from Eurostat. 2012 figures were obtained from Budget 2013 receipts and expenditures of general government tables.
Interest from 1990-1994 is given in the following table sourced from CSO historical National Accounts. Total Expenditure by General Government consistent with the definition of Expenditure used in the table above is not available for these years.
Year | Interest Payments |
---|---|
1990 | 2,856 |
1991 | 2,881 |
1992 | 2,850 |
1993 | 2,888 |
1994 | 2,789 |
Source: CSO
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