Table 10

Trend in Service of National Debt as % of Net Current Expenditure and as % of Overall Taxation

 

   
Service of National Debt
Year   €m % of Net Current Expenditure (a) As a % of Tax Revenue (b)
1980   839 17.8 25.2
1981   1,124 18.5 26.7
1982   1,586 21.2 30.8
1983   1,849 21.8 31.1
1984   2,165 24.4 32.1
1985   2,498 25.8 35.3
1986   2,526 24.6 32.6
1987   2,689 25.4 32.6
1988   2,719 26.7 29.2
1989   2,719 26.7 28.8
1990   2,923 27.3 29.1
1991   2,967 25.8 28.0
1992   2,945 23.7 26.0
1993   2,930 21.9 23.8
1994   2,936 20.7 21.3
1995   2,972 19.5 20.7
1996   3,143 19.5 19.8
1997   3,498 19.7 19.3
1998   3,060 16.7 14.9
1999   2,800 14.2 11.9
2000 2,575 12.5 9.5
2001   2,379 9.9 8.5
2002   2,169 8.3 7.4
2003 (c) 2,280 7.9 7.2
2004 (d) 2,381 7.6 7.1

 

(a) Current expenditure is measured on a net basis as in Table 4.
(b) PRSI receipts are not included in Tax Revenue.
(c) Provisional Outturn.
(d) Post-Budget Estimate.