Written answers
Wednesday, 14 January 2015
Department of Finance
Economic Growth Rate
Tom Barry (Cork East, Fine Gael)
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150. To ask the Minister for Finance the worth in monetary terms to the Irish economy of each percentage point in growth in terms of GDP. [1086/15]
Michael Noonan (Limerick City, Fine Gael)
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The most recent estimate by the CSO of gross domestic product at current market prices in 2013 is €174,791m. Nominal growth of one per cent is therefore equivalent to €1,748m in monetary terms.
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