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The gross national income (GNI), previously known as gross national product (GNP), is the total amount of factor incomes earned by the residents of a country. It is equal to gross domestic product (GDP), plus factor incomes received from non-resident by residents, minus factor income paid by residents to non-resident.
Although the absolute size of Northern Ireland's deficit has fallen slightly from £9.7 billion in 2016–17 to £9.4 billion in 2018–19, proportional to the size of the economy, the deficit was higher during the 2018–19 fiscal year than any year from 1970 to 2000. [4]
On a gross public debt-to-GDP basis, Ireland's 2015 figure at 78.8% is not of concern; On a gross public debt-to-GNI* basis, Ireland's 2015 figure at 116.5% is more serious, but not alarming; On a gross public debt-per-capita basis, Ireland's 2015 figure at over $62,686 per capita, is the second highest in the OECD, after Japan. [71]
Government Buildings, where the department is headquartered. The department took over two of the six divisions within the Department of Finance. They are: Public Expenditure Division – to establish and review short-term and medium-term current and capital public expenditure targets
A consensus exists among all government parties about the sustained economic growth. [77] Between 1985 and 2002, private sector jobs increased 59%. The economy shifted from an agriculture to a knowledge economy, focusing on services and high-tech industries. Economic growth averaged 10% from 1995 to 2000, and 7% from 2001 to 2004.
It also considers the Comptroller and Auditor General's reports of economy, efficiency, effectiveness evaluation systems, procedures and practices. The PAC has a key role to play in ensuring accountability and transparency in the way Government agencies allocate, spend and manage their finances and in guaranteeing that the taxpayer receives ...
Ireland allocated €870 million in official development assistance (ODA) in 2019. [3] This represents 0.32% of gross national income (GNI). Since the beginning of 2000 has been an overall expansion in the scale and scope of Ireland's development assistance programme which has seen the foreign aid budget rise from €255 million in 2000 to € ...
Countries by GNI (PPP) per capita in 2016. This article includes a list of countries of the world and their gross national income (GNI) (formerly GNP) per capita at purchasing power parity (PPP) in 2023, as reported by the World Bank.