Written answers
Tuesday, 17 June 2014
Department of Finance
National Debt
Michael Kitt (Galway East, Fianna Fail)
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180. To ask the Minister for Finance if he will outline on a schedule the current budget deficit for each year from 1987 to 2013; if he will outline by schedule the Exchequer borrowing requirement from 1984 to 2013; the total capital budget for each year from 1984 to 2013; the debt-GDP ratio for each year from 1984 to 2013; and if he will make a statement on the matter. [25898/14]
Michael Noonan (Limerick City, Fine Gael)
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I would point the Deputy to the "Budgetary & Economic Statistics 2013" document which was published by my Department in Decemebr 2013. This is available on my Department's website at the following link and contains the requested information to 2012:.
Data on 2013 Exchequer outturns are avilable on my Departments website at:
CSO relevant data are available on the following link:
For ease of reference, the figures from the Budgetary & Economic Statistics and outturns for 2013 are shown below.
| €bn | Current Spending | Current Revenue | Current Budget Deficit | Capital Budget | Exchequer Borrowing Requirment | National Debt (% of GDP) |
|---|---|---|---|---|---|---|
| 1984 | 10.1 | 9.1 | -1.0 | 2.1 | -2.3 | 93% |
| 1985 | 11.0 | 9.6 | -1.4 | 2.1 | -2.7 | 94% |
| 1986 | 11.7 | 10.2 | -1.5 | 2.0 | -2.7 | 103% |
| 1987 | 12.2 | 11.0 | -1.2 | 1.7 | -2.3 | 106% |
| 1988 | 12.3 | 11.8 | -0.5 | 1.8 | -0.8 | 103% |
| 1989 | 12.4 | 11.9 | -0.5 | 2.1 | -0.6 | 94% |
| 1990 | 13.2 | 13.0 | -0.2 | 2.1 | -0.6 | 87% |
| 1991 | 14.3 | 13.9 | -0.4 | 2.3 | -0.3 | 85% |
| 1992 | 15.4 | 14.8 | -0.6 | 2.6 | -0.9 | 83% |
| 1993 | 16.5 | 16.0 | -0.5 | 2.8 | -0.9 | 83% |
| 1994 | 17.6 | 17.5 | -0.1 | 3.3 | -0.9 | 79% |
| 1995 | 18.9 | 18.0 | -0.9 | 3.8 | -0.8 | 71% |
| 1996 | 20.6 | 19.8 | -0.8 | 4.4 | -0.6 | 64% |
| 1997 | 21.5 | 22.4 | 0.8 | 4.3 | -0.3 | 57% |
| 1998 | 22.3 | 25.2 | 2.9 | 5.1 | 0.9 | 48% |
| 1999 | 24.1 | 28.9 | 4.8 | 6.1 | 1.5 | 44% |
| 2000 | 25.9 | 33.3 | 7.4 | 7.3 | 3.2 | 35% |
| 2001 | 29.9 | 35.3 | 5.4 | 8.6 | 0.7 | 31% |
| 2002 | 33.0 | 38.9 | 5.9 | 8.5 | 0.1 | 28% |
| 2003 | 36.3 | 41.1 | 4.8 | 8.4 | -1.0 | 27% |
| 2004 | 39.1 | 45.2 | 6.1 | 8.6 | 0.0 | 25% |
| 2005 | 43.1 | 50.0 | 6.9 | 9.4 | -0.5 | 23% |
| 2006 | 47.5 | 57.4 | 9.9 | 11.8 | 2.3 | 20% |
| 2007 | 52.5 | 60.2 | 7.6 | 12.5 | -1.6 | 20% |
| 2008 | 57.3 | 54.0 | -3.3 | 10.7 | -12.7 | 28% |
| 2009 | 60.7 | 46.9 | -13.8 | 10.2 | -24.6 | 46% |
| 2010 | 60.7 | 47.3 | -13.4 | 6.9 | -18.7 | 59% |
| 2011 | 59.5 | 48.4 | -11.1 | 5.7 | -24.9 | 73% |
| 2012 | 60.2 | 50.2 | -10.1 | 5.7 | -14.9 | 84% |
| 2013 | 62.2 | 51.6 | -10.6 | 5.4 | -11.5 | 106% |
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