Back to Top

 Skip navigation

Extra information
Methodology Previous Releases
International comparison:
Eurostat EDP Notification Tables
See also:
YouTube Video
For more information on this release:
E-mail: gfs@cso.ie Derek Stynes (+353) 1 498 4303 Jason Sibley (+353) 1 498 4219 Ciara O'Shea (+353) 1 498 4312
For general information on CSO statistics:
information@cso.ie (+353) 21 453 5000 On-line ISSN 2009-9436
CSO statistical release, , 11am

Government Income and Expenditure

2013 to 2018 (July 2019 Results)

 General Government Revenue and Expenditure
 GG Deficit/Surplus Revenue Expenditure
End of year€bn% GDP% GNI*€bn% GDP€bn% GDP
2013-11.09-6.17-8.1061.534.272.640.4
2014-7.12-3.65-4.7966.033.973.137.5
2015-5.09-1.94-3.1370.927.076.028.9
2016-1.81-0.67-1.0373.527.175.427.7
2017-0.83-0.28-0.4576.525.877.426.0
20180.050.010.0282.025.382.025.3

Government Surplus of 0.01% of GDP in 2018

Figure 1: GG Balance, total Revenue, and Total Expenditure
go to full release

In 2018, the government surplus was €0.05 billion (0.01% of GDP, 0.02% of GNI*), an improvement on the 2017 deficit of €0.83 billion (-0.28% of GDP, -0.45% of GNI*).  During 2018, government revenues increased by 7.2% to €82.0 billion with government expenditures increasing by 6.0% to €82.0 billion (Table 1 & Figures 3 and 4).

The main driver of the increase in government revenues was an increase in Taxes of €4.6 billion (+8.2%).  There were also increased revenues from Social contributions (+5.8%) and Sales of goods and services (+5.9%).  Investment income decreased markedly between 2017 and 2018 (-26.8%). 

Government expenditures rose by €4.6 billion between 2017 and 2018.  There were increases of €1.5 billion (+7.5%) in Compensation of employees/Pay, €0.7 billion (+2.5%) in Social benefits and €1.0 billion (+10.0%) in Use of goods and services. Debt services costs, or Interest, decreased by €0.57 billion (-9.9%) (Tables 1 and 4).

In 2018, central government collected €78.0 billion (95%) of total revenue (Table 4).  The balance was generated by local government in the form of commercial rates (Other taxes on production, D.29), social housing rents (included in Incidental sales and fees, P.131) and Other capital transfers (Table 8).

Central government spent €78.0 billion in 2018 (Table 4), resulting in a central government surplus of €0.05 billion an improvement on the deficit of €1.0 billion in 2017.  Local government recorded a deficit of €3 million in 2018 (Table 7).  The central and local balances combine to make up the general government surplus of €0.05 billion in 2018.

National accounts are compiled in the EU according to the European System of National Accounts 2010 (ESA 2010) framework.

The data in this release reflect the previously published tables under the Excessive Debt Procedure in April 2019, however there has been some revisions in the expenditure profile -see Background notes for further information.

The Government Income and Expenditure (GIE) 2018 release is fully aligned with the National Income and Expenditure (NIE) 2018, published on 11 July 2019.

 

Total RevenueTotal Expenditure
201334.240.4
201433.937.5
20152728.9
201627.127.7
201725.826
201825.325.3
Government Revenue
Taxes60.343
Social contributions 13.392
Sales of goods and services5.851
Investment income1.294
Other1.149
Government Expenditure
Pay22.228
Intermediate consumption10.864
Other9.691
Interest 5.231
Depreciation4.143
Social benefits29.826
Table 1 General Government transactions: revenue, expenditure and deficit
         €million
DescriptionESA2010 code201320142015201620172018
General Government transactions
RevenueTR61,51366,02770,91473,54576,53382,029
Taxes and social contributionsD2 + D5 + D91 + D6152,93857,45662,24465,02268,39973,735
TaxesD2 + D5 + D9142,51646,46050,84452,96855,74660,343
Social contributions D6110,42110,99611,40012,05412,65313,392
Sales of goods and servicesP1O4,8684,8295,3525,4335,5265,851
Investment incomeD43,2723,0712,7141,8211,7681,294
Current transfer revenue (excluding taxes)D7150265293269413596
Capital transfer revenue (excluding taxes)D9N286406310999428553
 
ExpenditureTE72,60773,14575,99975,35477,36381,983
ExpenseExpense72,07672,09074,69373,71075,95179,542
Compensation of employeesD118,59418,36618,95219,44220,68122,228
Use of goods and services plus taxes payableP2 + D5 + D298,1968,9379,2439,5259,87310,864
Depreciation (Consumption of fixed capital)P51c3,1663,2843,4763,6893,9044,143
Interest (excluding FISIM)D417,7607,5896,8506,1665,8035,231
SubsidiesD31,9091,8671,7901,7741,8231,685
Social benefitsD62 + D63228,60328,15528,50428,52229,08529,826
Other current transfersD72,9152,7592,5283,0053,1703,701
Capital transfersD99331,1323,3501,5871,6131,864
 
 Net operating balanceNOB-10,563-6,063-3,779-1655822,487
 
Net acquisition of non-financial assetsP5 + NP - P51c5311,0551,3071,6441,4122,441
           
 General Government Surplus/DeficitB9-11,094-7,118-5,086-1,809-83046
           
 General Government Surplus/Deficit (% of GDP) -6.17-3.65-1.94-0.67-0.280.01
 General Government Surplus/Deficit (% of GNI*) -8.10-4.79-3.13-1.03-0.450.02
 GDP at current market prices 179,661194,818262,833271,684297,131324,038
 GNI* 136,959148,738162,656175,631183,955197,460
Table 2 General Government: detailed classification of revenue and output
          €million
DescriptionESA2010 code201320142015201620172018
Total RevenueTR61,51366,02770,91473,54576,53382,029
 Taxes and social contributions52,93857,45662,24465,02268,39973,735
  TaxesD2 + D5 + D9142,51646,46050,84452,96855,74660,343
   Indirect taxes (taxes on production and imports)D219,30921,21322,58123,62524,68125,264
    Taxes on productsD2116,74818,23519,43720,76021,42922,117
    of which Value-Added TaxD21110,37211,52211,95612,80213,11214,134
    Other taxes on production D292,5622,9783,1442,8663,2523,147
   Direct taxesD522,92924,88927,86328,93230,61634,561
    Taxes on income, profits and capital gainsD5121,29823,01626,59927,89329,60133,575
    Other current direct taxesD591,6301,8731,2631,0391,016986
   Capital taxesD91278359401411448518
  Social contributions D6110,42110,99611,40012,05412,65313,392
   Actual social contributionsD611 + D6139,0199,61010,21810,71711,43912,264
    PRSI receipts D611 + D613(pt)7,3107,9608,5249,2389,83610,643
    Government employees' social contributionsD613(pt)1,7091,6491,6941,4791,6031,621
   Employers' imputed social contributionsD6121,4021,3871,1821,3371,2141,128
 Sales of goods and servicesP1O4,8684,8295,3525,4335,5265,851
  Sales of market establishments (= market output)P119911,0391,1171,2211,3261,432
  Imputed sales related to production of own-use capital assets (= output for own final use)P12333321212222
Incidental sales and fees of non-market establishmentsP1313,8443,7574,2144,1924,1794,398
Investment incomeD43,2723,0712,7141,8211,7681,294
Interest (excluding FISIM)D411,3981,044675246131160
DividendsD421,7711,9221,9321,4681,5321,020
Current transfer revenueD39 + D7150265293269413596
SubsidiesD39000000
Other current transfersD7150265293269413596
Non-life insurance claimsD72978181818
Other Domestic - Current D7N_S113122210463105207
From Rest of World - CurrentD7N_S21136182188290371
Capital transfer revenueD9N286406310999428553
            
Output P130,33030,99232,13833,19335,07737,961
Market output (sales of market establishments)P119911,0391,1171,2211,3261,432
Output for own final useP12333321212222
Non-market outputP1329,30629,92031,00031,95133,72936,507
= Non-market compensation of employeesD1_nonmarket18,56118,33318,93119,42120,65922,207
= Total compensation of employeesD118,59418,36618,95219,44220,68122,228
- Compensation of employees of market establishmentsD1_market      
- Compensation related to production of own-use capital assetsD1_own-use-33-33-21-21-22-22
+ Non-market intermediate consumptionP2_nonmarket7,9768,7189,0189,2789,62110,612
= Total intermediate consumptionP28,1968,9379,2439,5259,87310,864
- Intermediate consumption of market establishmentsP2_market-219-219-225-247-252-252
- Intermediate consumption related to production of own-use capital assetsP2_own-use      
+ Non-market consumption of fixed capitalP51c_nonmarket2,7682,8693,0513,2523,4503,689
= Total consumption of fixed capitalP51c3,1663,2843,4763,6893,9044,143
- Consumption of fixed capital by market establishmentsP51c_market-397-415-425-437-454-454
- Consumption of fixed capital related to production of own-use capital assetsP51c_own-use      
+ Other taxes on production, payable D29_pay000000
  - Other subsidies on production, receivableD39_rec000000
Table 3 General Government: detailed classification of expenditure and consumption
       €million
DescriptionESA2010 code201320142015201620172018
Total ExpenditureTE72,60773,14575,99975,35477,36381,983
Expense72,07672,09074,69373,71075,95179,542
Compensation of employeesD118,59418,36618,95219,44220,68122,228
Of which: Related to production of own-use capital assets333321212222
Use of goods and services plus taxes payableP2 + D5 + D298,1968,9379,2439,5259,87310,864
Use of goods and services [Intermediate consumption]P28,1968,9379,2439,5259,87310,864
Of which: Intermediate consumption of market establishments 219219225247252252
Taxes, payableD5000000
Depreciation (Consumption of fixed capital)P51c3,1663,2843,4763,6893,9044,143
Of which: Depreciation by market establishments 397415425437454454
Interest (excluding FISIM)D417,7607,5896,8506,1665,8035,231
Other domestic interest payableD41_S13,1222,8992,4532,2582,1061,836
Interest payable to rest of worldD41_S24,6384,6904,3973,9083,6983,395
SubsidiesD31,9091,8671,7901,7741,8231,685
Product subsidiesD311,071957864909930932
Other subsidies on productionD39838910926865893753
Social benefitsD62 + D63228,60328,15528,50428,52229,08529,826
Social benefits in cashD6223,61823,05323,09222,82623,02923,375
Social benefits in kind (via market producers)D6324,9865,1025,4125,6966,0566,452
Other current transfersD72,9152,7592,5283,0053,1703,701
Net non-life insurance premiumsD71587455105107107
Current international cooperationD74530434473438503531
Miscellaneous current transfersD75764768493611829689
VAT and GNI based EU budget contributionD761,5641,4831,5071,8511,7312,374
VAT-based EU own resourcesD761202203215219262245
GNI-based EU own resourcesD7621,3611,2801,2921,6321,4702,129
Capital transfersD99331,1323,3501,5871,6131,864
Investment grantsD928959391,2391,5871,5831,651
Other capital transfersD99381932,111030213
Net acquisition of non-financial assetsP5 + NP - P51c5311,0551,3071,6441,4122,441
= Gross investment in non-financial assetsP5 + NP3,6964,3394,7835,3335,3156,584
Gross fixed capital formationP513,6134,2794,7235,2735,3606,524
Net acquisition of stocksP52836060606060
Net acquisition of unproduced assetsNP0000-1050
- Consumption of fixed capitalP51c-3,166-3,284-3,476-3,689-3,904-4,143
Net expenditure on current goods and servicesP3 excl. D63225,46226,16326,78627,76029,55132,110
= OutputP130,33030,99232,13833,19335,07737,961
- Sales of goods and services P11+P12+P131-4,868-4,829-5,352-5,433-5,526-5,851
Market output (sales of market establishments)P11-991-1,039-1,117-1,221-1,326-1,432
Output for own final useP12-33-33-21-21-22-22
Incidental sales and fees of non-market establishmentsP131-3,844-3,757-4,214-4,192-4,179-4,398
Final consumption expenditureP330,44731,26632,19733,45635,60638,561
= Net expenditure on current goods and servicesP3 excl. D63225,46226,16326,78627,76029,55132,110
+ Social transfers in kind via market producers D6324,9865,1025,4125,6966,0566,452
made up of      
Individual consumption (= social transfers in kind)P31 (= D63)20,54121,06321,75622,61324,17326,015
Social transfers in kind (via market producers)D6324,9865,1025,4125,6966,0566,452
Social transfers in kind (provided directly by government)D63115,55515,96116,34516,91718,11819,563
Collective consumption (= actual final consumption of government)P329,90610,20310,44110,84211,43312,547
Total social transfersD62 + D6344,15944,11644,84845,43947,20249,389
Social benefits in cashD62 23,61823,05323,09222,82623,02923,375
 Social transfers in kind (= individual consumption)D6320,54121,06321,75622,61324,17326,015
Table 4 Central Government transactions: revenue, expenditure, financing and deficit
         €million
DescriptionESA2010 code201320142015201620172018
Central Government transactions       
RevenueTR58,05862,68267,48069,93572,76578,033
Taxes and social contributionsD2 + D5 + D91 + D6151,20555,78560,61163,45166,82872,120
TaxesD2 + D5 + D9141,11045,05749,45651,61454,39758,959
Social contributions D6110,09510,72811,15611,83712,43113,161
Sales of goods and servicesP1O3,3173,3983,8333,7813,7433,934
Investment incomeD43,3223,1012,7281,8511,8111,334
Current transfer revenue (excluding taxes)D7124224252224373555
Capital transfer revenue (excluding taxes)D9N90174566281090
  
ExpenditureTE69,14369,95273,12971,89273,79477,983
ExpenseExpense68,05767,92371,05569,63771,68574,809
Compensation of employeesD116,56816,81917,43017,89918,99920,377
Use of goods and services plus taxes payableP2 + D5 + D296,7967,2157,4917,6198,0128,835
Depreciation (Consumption of fixed capital)P51c1,3321,5911,7181,8531,9972,236
Interest (excluding FISIM)D417,7387,5746,8336,1585,7975,225
SubsidiesD31,9091,8671,7901,7741,8231,685
Social benefitsD62 + D63227,13426,91327,15927,08627,42727,993
Other current transfersD74,6684,3304,1464,7765,2055,886
Capital transfersD91,9131,6134,4882,4732,4252,572
  
 Net operating balanceNOB-9,999-5,241-3,5762981,0803,223
  
Net acquisition of non-financial assetsP5 + NP - P51c1,0862,0302,0742,2552,1093,174
           
 Central Government Surplus/DeficitB9-11,085-7,270-5,649-1,957-1,02950
Table 5 Central Government: detailed classification of revenue and output
          €million
DescriptionESA2010 code201320142015201620172018
Total RevenueTR58,05862,68267,48069,93572,76578,033
 Taxes and social contributions51,20555,78560,61163,45166,82872,120
  TaxesD2 + D5 + D9141,11045,05749,45651,61454,39758,959
   Indirect taxes (taxes on production and imports)D217,90319,81021,19222,27123,33223,880
    Taxes on productsD2116,74818,23519,43720,76021,42922,117
    of which Value-Added TaxD21110,37211,52211,95612,80213,11214,134
    Other taxes on production D291,1551,5751,7551,5111,9031,763
   Direct taxesD522,92924,88927,86328,93230,61634,561
    Taxes on income, profits and capital gainsD5121,29823,01626,59927,89329,60133,575
    Other current direct taxesD591,6301,8731,2631,0391,016986
   Capital taxesD91278359401411448518
  Social contributions D6110,09510,72811,15611,83712,43113,161
   Actual social contributionsD611 + D6138,8339,48010,09210,63411,33812,146
    PRSI receipts D611 + D613(pt)7,3107,9608,5249,2389,83610,643
    Government employees' social contributionsD613(pt)1,5231,5191,5681,3971,5021,502
   Employers' imputed social contributionsD6121,2621,2481,0641,2031,0931,015
 Sales of goods and servicesP1O3,3173,3983,8333,7813,7433,934
  Sales of market establishments (= market output)P110000-10-16
  Imputed sales related to production of own-use capital assets (= output for own final use)P12333321212222
Incidental sales and fees of non-market establishmentsP1313,2843,3653,8123,7603,7313,928
Investment incomeD43,3223,1012,7281,8511,8111,334
Interest (excluding FISIM)D411,4481,074690276174201
 of which received from local governmentD41_LG997251627572
DividendsD421,7711,9221,9321,4681,5321,020
Current transfer revenueD39 + D7124224252224373555
SubsidiesD39000000
Other current transfersD7124224252224373555
Non-life insurance claimsD72978181818
Grants from local governmentD73333344
Other Domestic - Current D7N_S1102178591461161
From Rest of World - CurrentD7N_S21136182188290371
Capital transfer revenueD9N90174566281090
            
Output P124,69525,62626,63927,37128,99831,433
Market output (sales of market establishments)P110000-10-16
Output for own final useP12333321212222
Non-market outputP1324,66225,59326,61827,35028,98631,427
= Non-market compensation of employeesD1_nonmarket16,53516,78617,40917,87818,97720,355
= Total compensation of employeesD116,56816,81917,43017,89918,99920,377
- Compensation of employees of market establishmentsD1_market000000
- Compensation related to production of own-use capital assetsD1_own-use-33-33-21-21-22-22
+ Non-market intermediate consumptionP2_nonmarket6,7967,2157,4917,6198,0128,835
= Total intermediate consumptionP26,7967,2157,4917,6198,0128,835
- Intermediate consumption of market establishmentsP2_market000000
- Intermediate consumption related to production of own-use capital assetsP2_own-use000000
+ Non-market consumption of fixed capitalP51c_nonmarket1,3321,5911,7181,8531,9972,236
= Total consumption of fixed capitalP51c1,3321,5911,7181,8531,9972,236
- Consumption of fixed capital by market establishmentsP51c_market000000
- Consumption of fixed capital related to production of own-use capital assetsP51c_own-use000000
+ Other taxes on production, payable D29_pay000000
  - Other subsidies on production, receivableD39_rec000000
Table 6 Central Government: detailed classification of expenditure and consumption
       €million
DescriptionESA2010 code201320142015201620172018
Total ExpenditureTE69,14369,95273,12971,89273,79477,983
Expense68,05767,92371,05569,63771,68574,809
Compensation of employeesD116,56816,81917,43017,89918,99920,377
Of which: Related to production of own-use capital assets333321212222
Use of goods and services plus taxes payableP2 + D5 + D296,7967,2157,4917,6198,0128,835
Use of goods and services [Intermediate consumption]P26,7967,2157,4917,6198,0128,835
Of which: Intermediate consumption of market establishments 000000
Taxes, payableD5000000
Depreciation (Consumption of fixed capital)P51c1,3321,5911,7181,8531,9972,236
Of which: Depreciation by market establishments 000000
Interest (excluding FISIM)D417,7387,5746,8336,1585,7975,225
Other domestic interest payableD41_S13,1002,8842,4362,2502,1001,831
Interest payable to rest of worldD41_S24,6384,6904,3973,9083,6983,395
SubsidiesD31,9091,8671,7901,7741,8231,685
Product subsidiesD311,071957864909930932
Other subsidies on productionD39838910926865893753
Social benefitsD62 + D63227,13426,91327,15927,08627,42727,993
Social benefits in cashD6222,96222,68722,72622,52422,72723,053
Social benefits in kind (via market producers)D6324,1724,2264,4334,5624,6994,940
Other current transfersD74,6684,3304,1464,7765,2055,886
Net non-life insurance premiumsD71587455105107107
Current grants to local governmentD73 _LG1,7981,6071,6571,8082,0822,232
Current international cooperationD74530434473438503531
Miscellaneous current transfersD75719731455574782643
VAT and GNI based EU budget contributionD761,5641,4831,5071,8511,7312,374
VAT-based EU own resourcesD761202203215219262245
GNI-based EU own resourcesD7621,3611,2801,2921,6321,4702,129
Capital transfersD91,9131,6134,4882,4732,4252,572
 Capital grants to local governmentD9_LG1,1326421,3001,054948848
Investment grantsD927437781,0771,4201,4471,511
Other capital transfersD99381932,111030213
        
Net acquisition of non-financial assetsP5 + NP - P51c1,0862,0302,0742,2552,1093,174
= Gross investment in non-financial assetsP5 + NP2,4183,6213,7924,1084,1065,410
Gross fixed capital formationP512,3353,5613,7924,0484,1505,350
Net acquisition of stocksP52836060606060
Net acquisition of unproduced assetsNP00-600-1050
- Consumption of fixed capitalP51c-1,332-1,591-1,718-1,853-1,997-2,236
            
Net expenditure on current goods and servicesP3 excl. D63221,37822,22822,80623,59025,25527,499
= OutputP124,69525,62626,63927,37128,99831,433
- Sales of goods and services P11+P12+P131-3,317-3,398-3,833-3,781-3,743-3,934
Market output (sales of market establishments)P1100001016
Output for own final useP12-33-33-21-21-22-22
Incidental sales and fees of non-market establishmentsP131-3,284-3,365-3,812-3,760-3,731-3,928
            
Final consumption expenditureP325,55026,45427,23928,15129,95532,439
= Net expenditure on current goods and servicesP3 excl. D63221,37822,22822,80623,59025,25527,499
+ Social transfers in kind via market producers D6324,1724,2264,4334,5624,6994,940
made up of      
Individual consumption (= social transfers in kind)P31 (= D63)18,09118,78619,35820,01821,45223,128
Social transfers in kind (via market producers)D6324,1724,2264,4334,5624,6994,940
Social transfers in kind (provided directly by government)D63113,91914,56014,92515,45616,75318,189
Collective consumption (= actual final consumption of government)P327,4597,6687,8818,1338,5029,310
            
Total social transfersD62 + D6341,05341,47242,08442,54244,17946,182
Social benefits in cashD62 22,96222,68722,72622,52422,72723,053
 Social transfers in kind (= individual consumption)D6318,09118,78619,35820,01821,45223,128
Table 7 Local Government transactions: revenue, expenditure, financing and deficit
         €million
DescriptionESA2010 code201320142015201620172018
Local Government transactions       
RevenueTR6,4875,6696,4456,5366,8777,152
Taxes and social contributionsD2 + D5 + D91 + D611,7331,6711,6331,5701,5701,615
TaxesD2 + D5 + D911,4071,4031,3891,3541,3491,384
Social contributions D61326269244216222231
Sales of goods and servicesP1O1,5511,4311,5191,6531,7831,917
Investment incomeD4494237323231
Current transfer revenue (excluding taxes)D71,8271,6511,7021,8562,1262,277
Capital transfer revenue (excluding taxes)D9N1,3288741,5541,4251,3661,311
  
ExpenditureTE6,4965,5175,8816,3886,6787,155
ExpenseExpense7,0516,4916,6486,9997,3757,888
Compensation of employeesD12,0271,5471,5221,5441,6821,851
Use of goods and services plus taxes payableP2 + D5 + D291,4001,7221,7521,9051,8612,029
Depreciation (Consumption of fixed capital)P51c1,8331,6931,7581,8361,9071,907
Interest (excluding FISIM)D411228768718177
SubsidiesD3000000
Social benefitsD62 + D6321,4691,2421,3451,4361,6581,834
Other current transfersD7484041405151
Capital transfersD9153161162167136140
  
 Net operating balanceNOB-564-822-203-464-498-736
  
Net acquisition of non-financial assetsP5 + NP - P51c-556-975-767-612-697-733
           
 Local Government Surplus/DeficitB9-9153564148199-3
Table 8 Local Government: detailed classification of revenue and output
          €million
DescriptionESA2010 code201320142015201620172018
Total RevenueTR6,4875,6696,4456,5366,8777,152
 Taxes and social contributions1,7331,6711,6331,5701,5701,615
  TaxesD2 + D5 + D911,4071,4031,3891,3541,3491,384
   Indirect taxes (taxes on production and imports)D21,4071,4031,3891,3541,3491,384
   Other taxes on production D291,4071,4031,3891,3541,3491,384
   Capital taxesD91000000
  Social contributions D61326269244216222231
   Actual social contributionsD611 + D61318613012682100118
   Employers' imputed social contributionsD612140139118134121113
 Sales of goods and servicesP1O1,5511,4311,5191,6531,7831,917
  Sales of market establishments (= market output)P119911,0391,1171,2211,3351,448
  Imputed sales related to production of own-use capital assets (= output for own final use)P12000000
Incidental sales and fees of non-market establishmentsP131560391402431448470
Investment incomeD4494237323231
Interest (excluding FISIM)D41494237323231
in which received from Central GovernmentD41_CG000000
DividendsD42000000
Current transfer revenueD39 + D71,8271,6511,7021,8562,1262,277
SubsidiesD39000000
Other current transfersD71,8271,6511,7021,8562,1262,277
Grants from central governmentD731,7981,6071,6571,8082,0822,232
Other Domestic - Current D7N_S1294445494446
Capital transfer revenueD9N1,3288741,5541,4251,3661,311
  Grants from central governmentD9N_CG1,1326421,3001,054948848
  Other capital transfers receivableD99196232254371418463
            
Output P15,6345,3675,4995,8226,0796,528
Market output (sales of market establishments)P119911,0391,1171,2211,3351,448
Output for own final useP12000000
Non-market outputP134,6444,3274,3824,6014,7435,081
= Non-market compensation of employeesD1_nonmarket2,0271,5471,5221,5441,6821,851
= Total compensation of employeesD12,0271,5471,5221,5441,6821,851
- Compensation of employees of market establishmentsD1_market000000
- Compensation related to production of own-use capital assetsD1_own-use000000
+ Non-market intermediate consumptionP2_nonmarket1,1811,5031,5271,6591,6091,777
= Total intermediate consumptionP21,4001,7221,7521,9051,8612,029
- Intermediate consumption of market establishmentsP2_market-219-219-225-247-252-252
- Intermediate consumption related to production of own-use capital assetsP2_own-use000000
+ Non-market consumption of fixed capitalP51c_nonmarket1,4361,2781,3331,3991,4531,453
= Total consumption of fixed capitalP51c1,8331,6931,7581,8361,9071,907
- Consumption of fixed capital by market establishmentsP51c_market-397-415-425-437-454-454
- Consumption of fixed capital related to production of own-use capital assetsP51c_own-use000000
+ Other taxes on production, payable D29_pay000000
  - Other subsidies on production, receivableD39_rec000000
Table 9 Local Government: detailed classification of expenditure and consumption
       €million
DescriptionESA2010 code201320142015201620172018
Total ExpenditureTE6,4965,5175,8816,3886,6787,155
Expense7,0516,4916,6486,9997,3757,888
Compensation of employeesD12,0271,5471,5221,5441,6821,851
Of which: Related to production of own-use capital assets000000
Use of goods and services plus taxes payableP2 + D5 + D291,4001,7221,7521,9051,8612,029
Use of goods and services [Intermediate consumption]P21,4001,7221,7521,9051,8612,029
Of which: Intermediate consumption of market establishments 219219225247252252
Taxes, payableD5 + D29000000
Depreciation (Consumption of fixed capital)P51c1,8331,6931,7581,8361,9071,907
Of which: Depreciation by market establishments 397415425437454454
Interest (excluding FISIM)D411228768718177
Interest payable to central governmentD41_CG997251627572
Other domestic interest payableD41_S1221517965
SubsidiesD3000000
Social benefitsD62 + D6321,4691,2421,3451,4361,6581,834
Social benefits in cashD62656366366302302321
Social benefits in kind (via market producers)D6328148769791,1341,3561,512
Other current transfersD7484041405151
Grants to central governmentD73_CG333344
Miscellaneous current transfersD75453738374747
Capital transfersD9153161162167136140
Investment grantsD92153161162167136140
        
Net acquisition of non-financial assetsP5 + NP - P51c-556-975-767-612-697-733
= Gross investment in non-financial assetsP5 + NP1,2787189901,2251,2101,174
Gross fixed capital formationP511,2787189311,2251,2101,174
Net acquisition of stocksP52000000
Net acquisition of unproduced assetsNP0060000
- Consumption of fixed capitalP51c-1,833-1,693-1,758-1,836-1,907-1,907
            
Net expenditure on current goods and servicesP3 excl. D6324,0843,9363,9794,1704,2964,611
= OutputP15,6345,3675,4995,8226,0796,528
- Sales of goods and services P11+P12+P131-1,551-1,431-1,519-1,653-1,783-1,917
Market output (sales of market establishments)P11-991-1,039-1,117-1,221-1,335-1,448
Output for own final useP12000000
Incidental sales and fees of non-market establishmentsP131-560-391-402-431-448-470
            
Final consumption expenditureP34,8974,8124,9585,3045,6526,123
= Net expenditure on current goods and servicesP3 excl. D6324,0843,9363,9794,1704,2964,611
+ Social transfers in kind via market producers D6328148769791,1341,3561,512
made up of      
Individual consumption (= social transfers in kind)P31 (= D63)2,4502,2782,3982,5952,7212,887
Social transfers in kind (via market producers)D6328148769791,1341,3561,512
Social transfers in kind (provided directly by government)D6311,6361,4011,4191,4611,3651,374
Collective consumption (= actual final consumption of government)P322,4482,5342,5602,7092,9313,236
            
Total social transfersD62 + D633,1052,6442,7642,8973,0233,208
Social benefits in cashD62 656366366302302321
 Social transfers in kind (= individual consumption)D632,4502,2782,3982,5952,7212,887

Background Notes

 Introduction

This release comprises the latest official publication by CSO of annual Government Income and Expenditure (GIE) results for years 2013 to 2018.  The results for 2018 are still provisional estimates and reflect the data published as part of the Excessive Deficit Procedure notification on 15 April 2019. The data published in this series are fully consistent with the National Income and Expenditure 2018.

The tables provide detailed revenue and expenditure data for general government and its two subsectors, central and local government.  A full time series of general government data back to 2000 are available on Statbank. Data back to 1995 for all EU Member States are available on Eurostat’s data base, located here.  Note: These tables have replaced what were tables 19, 20 and 21 of the annual National Income and Expenditure (NIE) publication since NIE 2015.

The full suite of GFS tables are available on the CSO website here and CSO Statbank here.

Reclassification of pension funds

The Eircom No. 2 and Coillte No. 2 pension funds were reclassified retroactively in the sector of general government (S.13) for this publication. This decision was verified by Eurostat at an EDP dialogue visit in February 2019.

Eircom No. 2 fund was established in 1999 by a capital transfer (D.99) of £800m/€1,015m from government (S.13) to the financial sector (S.12).  This transfer has been removed from both S.13 and S.12.  Corresponding adjustments were made to AF.2 in the financial accounts of both sectors.

Data on the value of this fund and payments from this fund are only available from 2011 and currently up to 2017.  For the years 1999 to 2010, transfer payments have been estimated based on the original asset value of the fund and the asset value at end 2011.  Transfer payments (D.62) from government (S.13) have increased and have decreased by a corresponding amount for the financial sector (S.12). The government (S.13) financial account shows corresponding F.2 flows in cash and reduction in AF.2 with the reverse reflected in the financial accounts of S.12.  For the years 2011 to 2017, more detailed data is used as the estimate of D.62 pension payments.  The financial accounts reflects these payments and imputes Other Economic Flows based on the change of the value of assets for this fund from the beginning of the year and the end of the year and the cash payments made during the year.

Data for 2018 has been estimated based on the previous year’s values and will be up-dated once updated 2018 data is available.  This fund is due to run out in 2020 or 2021 at which point the Minister for Finance will take responsibility for the payment of pensioners.

Coillte No. 2 fund was established in 1989 upon the establishment of Coillte.  Data on payments from this fund and receipts of this fund from 2008 to 2017 are available from Coillte’s annual financial reports.  This data was used to estimate transfer payments (D.62) to pensions and actual household contributions (D.6113) payments from households to the fund (i.e. re-routed to households).  The D.6113 payments also include the employer contributions to this fund.

Data for the years 1989 to 2007 have been trended based on average year-on-year change for the years for which data is available.  Thus the D.62 payments and D.6113 receipts of government (S.13) have increased with corresponding decreases in these transactions for the financial sector (S.12).  On the financial accounts, cash flows (F.2) and stock of cash (AF.2) for both the government (S.13) and financial sector (S.12) have corresponding adjustments.

This fund is due to run out in 2019 at which point the Minister for Finance will take responsibility for the payment of pensioners.

Super dividend

In 2018 Q2 the exchequer received a super dividend of €1,426 million from the Central Bank of Ireland.

IBRC payment to Exchequer

In 2013 the payment by the Exchequer of €1.1 billion to meet obligations to IBRC deposit holders under the guarantee schemes in operation was treated as the granting of a loan from the Exchequer to IBRC, on the understanding that the Exchequer would be treated as a creditor of IBRC in the liquidation process and that there was a reasonable expectation of repayment.  The 2018 re-payment of €340.7 million was made in 2018 Q4.

Consultant’s pay settlement

In June 2018 there was a settlement made following a court process with medical consultants in relation to pay arrears.  The backdated payments of €213 million were recorded as D.99 expenditure of central government in Q2 2018.

Revisions to Government Data since EDP

Pension data: (D613) has been revised for years 1995-1999.

VAT MOSS (VAT Mini One Stop Shop): The treatment of VAT MOSS has been partially implemented for 2017 and fully implemented for 2018, resulting in a reclassification between D211 and D7. VAT MOSS is a way of paying VAT on supplies of certain digital services.

Depreciation (P51c): Revisions have been made to the P51c data for 2014 to 2018 due to availability of additional data, this is in line with the latest National Income and Expenditure Accounts published on 11 July 2019.

Social Benefits in cash (D62): Figures for 2018 have been revised due to the availability of more up-to-date data.

Local Government Data: The overall B9 for Local Government remains unchanged for 2017 and 2018; however, the availability of new data sources facilitated a reclassification of the income and expenditure profile within and between the LG and CG sectors for 2017 and 2018. Overall GG income and expenditure remains unchanged.

GDP figures used in publication

The GDP figures used in the current publication are consistent with those published in the latest National Income and Expenditure Accounts published on 11 July 2019.

Government Finance Statistics – concepts and definitions

GFS form the basis for fiscal monitoring in Europe, in particular in relation to the Excessive Deficit Procedure (EDP).

European GFS, including EDP statistics, are produced according to the legally binding accounting rules of the European System of Accounts (ESA2010). The Manual on Government Debt and Deficit (MGDD) provides further guidance on the implementation of ESA 2010 in the context of GFS.

EU Member States are required to report government deficit/surplus and debt data biannually under the EDP - before 1 April and 1 October in year N, for years N-4 to N-1 calendar years, as well as a forecast for the current year. The data are reported in harmonised tables, which provide a consistent framework for the presentation of this data by Member States. The tables provide a structure for linking national budgetary aggregates with government deficit and debt.

In addition to the EDP transmission programme, detailed statistics on government revenue and expenditure are also provided to Eurostat under the ESA transmission programme.

These data are available on the Eurostat website here

Definition of general government and its subsectors

The general government sector of the economy, is defined in ESA2010 paragraph 2.111: as “institutional units which are non-market producers whose output is intended for individual and collective consumption, and are financed by compulsory payments made by units belonging to other sectors, and institutional units principally engaged in the redistribution of national income and wealth”. General government comprises the sub-sectors central government (S.1311), state government (S.1312 – which does not apply in Ireland), local government (S.1313), and social security funds (S.1314 – which does not apply in Ireland).

General government deficit/surplus (GG deficit/surplus) is the standard European measure of the fiscal balance, which is used to monitor compliance with the Stability and Growth Pact.

This measure is by definition equal to both Total revenue (TR) less Total expenditure (TE), and Net acquisition of financial assets less Net incurrence of liabilities (Tables 1 and 5). In order to respect this accounting identity, a technical adjustment is made to the level of transactions recorded in liability category F32 (long-term debt securities) to eliminate any statistical discrepancy between the two approaches to the calculation of GG deficit/surplus. This adjustment has no impact on Gross debt, Net debt or Net worth.

Detailed codes and technical definitions can be seen in the ESA 2010 manual here

A listing of some of the main items included in this release is shown below.

Main components of general government expenditure and revenue

P.1 Total output of government is equal to market output, own account capital formation, and non-market output (i.e. the sum of D.1+P.2+P51c). The market output referred to in this publication is the imputed market value of social housing rented dwellings.

P.2 Intermediate consumption – value of goods and services used in the process of production, excluding fixed assets.

P.3 Final consumption expenditure of government is equal to the total of its output (P.1) plus the expenditure on products/services supplied to households via market producers minus the sales of goods and services (at both market and non-market prices). This is made up of individual non-market services plus collective non-market services (P.31 and P.32).

P.5 Gross capital formation.

P.51g Gross fixed capital formation - acquisitions, less disposals, of fixed assets during a given period plus certain additions to the value of non-produced assets realised by productive activity. Fixed assets are tangible or intangible assets produced as outputs from processes of production that are themselves used repeatedly, or continuously, in processes of production for more than one year.

P.51c Consumption of fixed capital - the amount of fixed assets used up, during the period under consideration, as a result of normal wear and tear and foreseeable obsolescence, including a provision for losses of fixed assets as a result of accidental damage which can be insured against.

P.52 Changes in inventories.

P.53 Acquisitions less disposals of valuables.

D.1 Compensation of employees (Pay) - the total remuneration of government employees.

D.29 Other taxes on production (payable) all taxes that enterprises incur as a result of engaging in production, independently of the quantity or value of the goods and services produced or sold. These include taxes on use or ownership of land or buildings, taxes on use of fixed assets, taxes on total wage bill and payroll, taxes on international transactions related to production.

D.3 Subsidies (payable) - current unrequited payments which general government or the institutions of the European Union make to resident producers, with the objective of influencing their levels of production, their prices or the remuneration of the factors of production.

D.4 Property income accrues when the owners of financial assets and natural resources put them at the disposal of other units of the economy. The income payable for the use of financial assets is called investment income, while that payable for the use of a natural resource is called rent. Property income is the sum of investment income and rent.

D.41 Interest receivable by the owners of a financial asset for putting it at the disposal of another institutional unit. Applies to deposits (AF.2), debt securities (AF.3), loans (AF.4) and other accounts payable (AF.8).

D.42 Dividends receivable by the owners of share equities. Dividends exclude "super dividends" which arise where the dividend paid is large relative to the recent level of dividends and earnings. Super dividends are recorded as withdrawal of equity (F.5). This arises, for example, in the case of dividends paid by the Central Bank in 2015.

D.45 Rent of a natural resource – income receivable by the owner of a natural resource for putting the resource at the disposal of another party.

D.5 Current taxes on income, wealth, etc., (payable) - all compulsory, unrequited payments, in cash or in kind, levied periodically by general government and by the rest of the world on the income and wealth of units in the economy, and some periodic taxes which are assessed neither on income nor wealth.

D.6 Social contributions - transfers to households, in cash or in kind, intended to relieve them from the financial burden of a number of risks or needs.

D.7 Other current transfers – includes VAT and GNI based EU budget contributions, current transfers between subsectors of government, current international co-operation and current transfers to households and non-profit institutions.

D.9 Capital transfers - involve the acquisition or disposal of an asset, or assets, by at least one of the parties to the transaction. Includes capital taxes and investment grants.

 

upArrowHide Background Notes

Scan the QR code below to view this release online or go to
http://www.cso.ie/en/releasesandpublications/er/giea/governmentincomeandexpenditurejuly2019/