 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
$ Million |
 |
|
Actual
1997–1998 |
|
Actual
2001–2002 |
Revised
Estimate
2002–2003 |
|
 |
|
|
|
|
|
|
|
Government Expenditure
(see Table 8) |
|
|
|
|
|
|
|
Operating Expenditure |
160,566 |
|
198,743 |
|
202,610 |
|
|
Capital Expenditure |
33,675 |
|
39,842 |
|
37,800 |
|
 |
 |
 |
 |
 |
 |
 |
|
Total Government
Expenditure |
194,241 |
|
238,585 |
|
240,410 |
|
|
Add other public
sector bodies |
40,539 |
|
30,774 |
|
32,650 |
|
 |
 |
 |
 |
 |
 |
 |
|
Total Public Expenditure(1) |
234,780 |
|
269,359 |
|
273,060 |
|
 |
 |
 |
 |
 |
 |
 |
Gross Domestic Product
(GDP) at |
1,344,546 |
|
1,278,995 |
1,271,082 |
|
current market prices
(calendar year) |
|
|
|
|
|
|
Growth in GDP: |
|
|
|
|
|
|
|
Nominal terms |
11.0% |
|
–0.7% |
–0.6% |
|
Real terms |
5.1% |
|
0.6% |
2.3% |
Growth in Public
Expenditure: |
|
|
|
|
|
|
|
Nominal terms |
11.1% |
|
0.7% |
|
1.4% |
|
|
Real terms |
4.2% |
|
0.3% |
|
3.4% |
|
Public Expenditure
as percentage of GDP |
17.5% |
|
21.1% |
|
21.5% |
|
|