Written answers
Wednesday, 7 November 2018
Department of Finance
Fiscal Data
Jonathan O'Brien (Cork North Central, Sinn Fein)
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49. To ask the Minister for Finance if he will complete a table (details supplied). [45997/18]
Paschal Donohoe (Dublin Central, Fine Gael)
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As the Deputy is aware the projections set out by my Department in Budget 2019 Economic and Fiscal Outlookrun to 2023. Projections beyond 2023 are not available at this stage.
Annex 4 of the Economic and Fiscal Outlook contains the nominal GDP and GNI* series used in the calculations below.
| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| a. National Development Plan (NDP), € million | 7,300 | 7,900 | 8,600 | 8,900 | 9,400 |
| b. NDP, per cent GNI* | 3.5 | 3.6 | 3.8 | 3.7 | 3.8 |
| c. NDP, per cent GDP | 2.1 | 2.2 | 2.3 | 2.3 | 2.3 |
| d. alternative plan, € million | 7,300 | 9,500 | 10,100 | 10,800 | 11,500 |
| e. alternative plan, % GNI* | 3.5 | 4.3 | 4.4 | 4.5 | 4.6 |
| f. alternative plan, % GDP | 2.1 | 2.6 | 2.7 | 2.8 | 2.8 |
| g. (=d-a) additional capital expenditure, € millions | 0 | 1,600 | 1,500 | 1,900 | 2,100 |
| h. impact of g on expenditure benchmark (after smoothing), € millions | 0 | 400 | 775 | 1,250 | 1,775 |
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