Written answers

Wednesday, 27 February 2013

Department of Finance

Economic Statistics

Photo of Richard Boyd BarrettRichard 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]

Photo of Michael NoonanMichael 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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