Economic Growth Rate 14.2.15

Economic Growth Rate

 150. Deputy Tom Barry Information on Tom Barry Zoom on Tom Barry asked the Minister for Finance Information on Michael Noonan Zoom on Michael Noonan the worth in monetary terms to the Irish economy of each percentage point in growth in terms of GDP. [1086/15]

Minister for Finance (Deputy Michael Noonan): Information on Michael Noonan Zoom on Michael Noonan 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.