The Estimates in the Context of the Economy

Relationship between Government Expenditure, Public Expenditure and GDP in 2000-01

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	(All figures in $million at 2000-01 prices)
	Government Expenditure	Public Expenditure
General Revenue Account
Recurrent Account	193,550	193,550
Capital Account	4,925 __________	4,925 __________
	198,475	198,475
Capital Works Reserve Fund	34,880	34,880
Loan Fund	9,470	9,470
Innovation and Technology Fund	870 __________	870 __________
	243,695 __________	243,695
Trading Funds		3,525
Lotteries Fund		1,090
Housing Authority		38,825 __________
		287,135 __________
GDP(see Note)		1,311,635
Public Expenditure as a % of GDP  (see Note)		21.9%

Note : GDP is calculated by applying trend growth to the latest 1999 estimate

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Comparison of Cumulative Growth in Government Expenditure with Cumulative Growth in GDP since the introduction of the Medium Range Forecast

　

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Public Expenditure as a Percentage of Gross Domestic Product

　

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