Terence Flanagan (Dublin North East, Independent)
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334. To ask the Minister for Finance the new measurement of economic growth, GDP and GNP, in view of a recent EU directive; the way this compares to the previous measurement; and if he will make a statement on the matter. [41896/14]

Michael Noonan (Limerick City, Fine Gael)
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The first full-year estimates of GDP and GNP for 2013 were published in March of this year, along with estimates for previous years. The second estimate of 2013 GDP and GNP was released in July of this year and included revisions for 2013 and previous years. This was subsequently updated in September.

I am advised by the CSO that the estimates subsequent to July include the impact of the transition to the new statistical standard ESA 2010, the inclusion of some previously unrecorded illicit activities, as well as regular revisions due to updated source data. Estimates are also impacted by the move to a new base year for chain linking.

The growth in GDP and GNP at constant prices for 2008 to 2013  as set out in March and more recently in September is set out in the table below.