Written answers
Tuesday, 12 February 2019
Department of Finance
Economic Data
Pearse Doherty (Donegal, Sinn Fein)
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169. To ask the Minister for Finance the level and projected levels of general expenditure from 2010 to 2024, inclusive, or the latest available date by current and capital (details supplied) in tabular form. [6560/19]
Pearse Doherty (Donegal, Sinn Fein)
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170. To ask the Minister for Finance the level and projected levels of general revenue from 2010 to 2024, inclusive, or the latest available date by tax and non-tax revenue (details supplied) in tabular form. [6561/19]
Paschal Donohoe (Dublin Central, Fine Gael)
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I propose to take Questions Nos. 169 and 170 together.
Firstly, it is worth noting that projections for the General Government (GG) revenue and expenditure for 2018 to 2023 can be found in table 11 of the Economic and Fiscal Outlook, published as part of Budget 2019. The figures are reproduced below for the Deputy’s convenience. As the Deputy will appreciate, projections beyond 2023 have not been complied by my Department. All nominal GG revenue and expenditure figures provided as follows are displayed in millions.
Table 1 as follows sets out the Central Statistics Office's (CSO) outturns for the period 2010 to 2017 in respect of GG revenue and GG revenue expressed as a percentage of GNI*, GDP and GG expenditure. The CSO will publish its first official estimate for 2018 in April.
In addition, the table also includes EU-15 and EU-28 comparisons of GG revenue as percentage of GDP. The latter data, up to and including 2017, is available on Eurostat's database.
Table 1: general government revenue outturns
- | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 |
---|---|---|---|---|---|---|---|---|
GG revenue, € million | 55,376 | 57,746 | 59,498 | 61,502 | 66,012 | 70,901 | 73,655 | 76,540 |
GG revenue, per cent of GNI* | 42.9 | 45.6 | 47.1 | 44.9 | 44.4 | 43.9 | 41.9 | 42.2 |
GG revenue, per cent of GG expenditure | 50.8 | 72.5 | 80.8 | 84.8 | 90.4 | 93.4 | 98.0 | 99.1 |
GG revenue, per cent of GDP | 33.0 | 33.7 | 34.0 | 34.2 | 33.8 | 27.0 | 27.0 | 26.0 |
EU-15 GG revenue, per cent of GDP | 43.9 | 44.4 | 45.1 | 45.8 | 45.5 | 45.0 | 45.1 | 45.3 |
EU-28 GG revenue, per cent of GDP | 43.5 | 44.0 | 44.6 | 45.3 | 45.0 | 44.6 | 44.6 | 44.8 |
Table 2 sets out the projections in respect of GG revenue, and GG revenue expressed as a percentage of GNI*, GDP and GG expenditure for the period 2018 to 2023, as per Budget 2019, Economic and Fiscal Outlook.
Table 2: general government revenue projections
- | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
---|---|---|---|---|---|---|
GG revenue, € million | 80,830 | 85,235 | 88,900 | 92,600 | 96,645 | 100,675 |
GG revenue, per cent of GNI* | 41.3 | 41.1 | 40.7 | 40.7 | 40.7 | 40.6 |
GG revenue, per cent of GDP | 25.1 | 25.0 | 24.7 | 24.6 | 24.6 | 24.6 |
GG revenue, per cent of GG expenditure | 99.6 | 99.9 | 101.2 | 101.8 | 104.5 | 106.1 |
Table 3 sets out the CSO's finalised outturn for the period 2010 to 2017 in respect of GG expenditure and GG expenditure expressed as a percentage of GNI*, GDP and GG revenue. Likewise, the table also includes EU-15 and EU-28 comparisons of GG expenditure as percentage of GDP. This data up to and including 2017 is available on Eurostat's database.
Table 3: general government expenditure outturns
- | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 |
---|---|---|---|---|---|---|---|---|
GG expenditure, € million | 109,088 | 79,622 | 73,612 | 72,529 | 73,057 | 75,915 | 75,121 | 77,269 |
GG expenditure, per cent of GNI* | 84.6 | 62.9 | 58.2 | 53.0 | 49.2 | 47.0 | 42.7 | 42.6 |
GG expenditure, per cent of GG revenue | 197.0 | 137.9 | 123.7 | 117.9 | 110.7 | 107.1 | 102.0 | 101.0 |
GG expenditure, per cent of GDP | 65.0 | 46.5 | 42.0 | 40.3 | 37.4 | 28.9 | 27.5 | 26.3 |
EU-15 GG expenditure, per cent of GDP | 50.3 | 49.0 | 49.4 | 49.2 | 48.4 | 47.4 | 46.8 | 46.3 |
EU-28 GG expenditure, per cent of GDP | 49.9 | 48.5 | 48.9 | 48.6 | 47.9 | 46.9 | 46.3 | 45.8 |
Table 4, as follows, sets out the projections in respect of GG expenditure, and GG expenditure expressed as a percentage of GNI*, GDP and GG Revenue for the period 2018 to 2023, as per Budget 2019 Economic and Fiscal Outlook.
Table 4: general government expenditure projections
- | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
---|---|---|---|---|---|---|
GG expenditure, € million | 81,845 | 85,310 | 87,840 | 90,985 | 92,480 | 94,865 |
GG expenditure, per cent of GNI* | 41.4 | 41.1 | 40.2 | 40.0 | 39.0 | 38.3 |
GG expenditure, per cent of GDP | 25.2 | 25.0 | 24.4 | 24.2 | 23.6 | 23.2 |
GG expenditure, per cent of GG revenue | 100.4 | 100.1 | 98.8 | 98.3 | 95.7 | 94.2 |
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