Written answers
Wednesday, 27 February 2013
Department of Finance
Economic Statistics
Richard Boyd Barrett (Dún Laoghaire, People Before Profit Alliance)
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To ask the Minister for Finance if he will provide, in tabular form, the annual figures on gross capital information here between the years 2000 and 2012 or up to as recently as such figures are available; and if he will make a statement on the matter. [10730/13]
Michael Noonan (Limerick City, Fine Gael)
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Set out below are the annual amounts of gross fixed capital formation from 2000 to 2011, as produced by the Central Statistics Office (CSO). The CSO will publish the Q4 2012 National Accounts data in the coming months, at which time the full year figure for 2012 will be available. Gross Domestic Fixed Capital Formation at Current Market Prices - €m
2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 |
---|---|---|---|---|---|---|---|---|---|---|---|
24,451 | 26,343 | 28,306 | 31,583 | 36,649 | 43,566 | 48,294 | 48,377 | 39,324 | 25,601 | 18,745 | 16,112 |
Source: CSO National Accounts
Further information is available here - http://www.cso.ie/en/media/csoie/releasespublications/documents/economy/2011/nie2011.pdf
In nominal terms, the level of gross fixed capital formation peaked in 2007, falling thereafter inter alia as a result of the sharp fall in house building. A modest recovery is expected in 2013 with a projected increase of 3.2 per cent in real terms from 2012 levels.
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