Ireland recorded a Government Debt to GDP of 40.90 percent of the country's Gross Domestic Product in 2024. This dataset provides the latest reported value for - Ireland Government Debt to GDP - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Key information about Ireland Government Debt: % of GDP

• Ireland Government debt accounted for 42.1 % of the country's Nominal GDP in Sep 2024, compared with the ratio of 42.7 % in the previous quarter.
• Ireland government debt to GDP ratio data is updated quarterly, available from Mar 2000 to Sep 2024.
• The data reached an all-time high of 123.1 % in Mar 2013 and a record low of 24.6 % in Jun 2007.

CEIC calculates quarterly Government Debt as % of Nominal GDP from quarterly Government Debt and rolling sum of quarterly Nominal GDP. Central Statistics Office provides Government Debt in EUR and Nominal GDP in EUR, based on ESA 2010. Government Debt as % of Nominal GDP prior to Q1 2009 is based on ESA 1995.


Related information about Ireland Government Debt: % of GDP

• In the latest reports, Ireland National Government Debt reached 242.3 USD bn in Sep 2024.
• The country's Nominal GDP reached 132.9 USD bn in Mar 2023.

In 2024, the ratio of national debt to gross domestic product (GDP) of Ireland was estimated at approximately 41.11 percent. Between 1995 and 2024, the figure dropped by around 37.41 percentage points, though the decline followed an uneven course rather than a steady trajectory. The forecast shows the ratio will steadily decline by about 13.15 percentage points from 2024 to 2030.The general government gross debt consists of all liabilities that require payment or payments of interest and/or principal by the debtor to the creditor at a date or dates in the future. Here it is depicted in relation to the country's GDP, which refers to the total value of goods and services produced during a year.

Historical chart and dataset showing Ireland debt to gdp ratio by year from 1998 to 2022.

Graph and download economic data for Central government debt, total (% of GDP) for Ireland (DEBTTLIEA188A) from 1998 to 2022 about Ireland, debt, government, and GDP.

Key information about Ireland Household Debt: % of GDP

• Ireland household debt accounted for 31.6 % of the country's Nominal GDP in Sep 2024, compared with the ratio of 32.1 % in the previous quarter.
• Ireland household debt to GDP ratio is updated quarterly, available from Mar 2002 to Sep 2024.
• The data reached an all-time high of 123.2 % in Dec 2009 and a record low of 27.6 % in Mar 2023.

CEIC calculates quarterly Household Debt as % of Nominal GDP from quarterly Household Debt and quarterly Nominal GDP. The Central Bank of Ireland provides Household Debt in EUR. Central Statistics Office provides Nominal GDP in EUR. Federal Reserve Board average market exchange rate is used for currency conversions. Household Debt includes NPISH.


Related information about Ireland Household Debt: % of GDP

• In the latest reports, Ireland Household Debt reached 182.0 USD bn in Sep 2024.
• Money Supply M2 in Ireland increased 3.7 % YoY in Jan 2025.
• Ireland Foreign Exchange Reserves was measured at 5.1 USD bn in Dec 2024.
• The Foreign Exchange Reserves equaled 0.4 Months of Import in Dec 2024.
• Ireland Domestic Credit reached 319.1 USD bn in Dec 2024, representing an increased of 2.5 % YoY.
• The country's Non Performing Loans Ratio stood at 1.2 % in Sep 2024, compared with the ratio of 1.2 % in the previous quarter.

Key information about Ireland External Debt: % of GDP

• Ireland External Debt accounted for 575.3 % of the country's Nominal GDP in 2024, compared with the ratio of 556.6 % in the previous year.
• Ireland External Debt: % of Nominal GDP data is updated yearly, available from Dec 2002 to Dec 2024.
• The data reached an all-time high of 1,091.5 % in Dec 2010 and a record low of 399.2 % in Dec 2002.

CEIC calculates External Debt as % of Nominal GDP from quarterly External Debt and quarterly Nominal GDP. Central Statistics Office provides External Debt in EUR based on BPM6 and Nominal GDP in EUR based on ESA 2010. External Debt excludes Equity and Financial Derivative contracts. External Debt as % of Nominal GDP prior to 2012 is calculated from External Debt based on BPM5 and Nominal GDP based on ESA 1995.


Related information about Ireland External Debt: % of GDP

• In the latest reports of Ireland, Current Account recorded a surplus of 14.8 USD bn in Mar 2023.
• Foreign Direct Investment (FDI) fell by 25.9 USD bn in Dec 2024.
• Ireland Direct Investment Abroad fell by 12.3 USD bn in Dec 2024.
• Its Foreign Portfolio Investment increased by 144.0 USD bn in Dec 2024.
• The country's External Debt reached 3,176,621.5 in Dec 2024.
• The country's Nominal GDP was reported at 132.9 USD bn in Mar 2023.

Dług prywatny do PKB w Irlandii spadł do 232,11 procent w 2023 roku z poziomu 233 procent w 2022 roku. Aktualne wartosci, dane historyczne, prognozy, statystyki, wykresy i kalendarz ekonomiczny - Irlandia - Prywatna dlugu do PKB.

External Debt to GDP in Ireland remained unchanged at 575 percent of GDP in the fourth quarter of 2024 from 575 percent of GDP in the third quarter of 2024. This dataset includes a chart with historical data for Ireland External Debt To GDP.

Central government debt, total (% of GDP) in Ireland was reported at 45.4 % in 2022, according to the World Bank collection of development indicators, compiled from officially recognized sources. Ireland - Central government debt, total (% of GDP) - actual values, historical data, forecasts and projections were sourced from the World Bank on June of 2025.

Graph and download economic data for Outstanding Total International Debt Securities to GDP for Ireland (DDDM07IEA156NWDB) from 1980 to 2020 about Ireland, issues, debt, and GDP.

Key information about Ireland Total Debt: % of GDP

• Ireland Total Debt accounted for 963.7 % of the country's GDP in 2024, compared with the ratio of 971.1 % in the previous quarter.
• Ireland Total Debt: % of GDP data is updated quarterly, available from Mar 2002 to Sep 2024.
• The data reached an all-time high of 1,959.4 % in Jun 2010 and a record low of 726.1 % in Sep 2002.

CEIC calculates quarterly Total Debt as % of Nominal GDP from quarterly Total Debt and quarterly Nominal GDP. Total Debt is calculated as Total Liabilities less Equity & Investment Fund Shares and Financial Derivatives. The Central Bank of Ireland provides Total Debt in EUR. Central Statistics Office provides Nominal GDP in EUR.

Ireland: Government debt as percent of GDP: The latest value from 2023 is 43.7 percent, a decline from 44.4 percent in 2022. In comparison, the world average is 61.85 percent, based on data from 137 countries. Historically, the average for Ireland from 1995 to 2023 is 59.46 percent. The minimum value, 23.6 percent, was reached in 2006 while the maximum of 120.1 percent was recorded in 2013.

Key information about Ireland Private Debt: % of Nominal GDP

• Ireland Private Debt accounted for 25.58 % of its Nominal GDP in Sep 2024, compared with a ratio of 25.76 % in the previous quarter
• Ireland Private Debt contribution to Nominal GDP ratio is updated quarterly, available from Mar 2003 to Sep 2024, with an average share of 82.71 %
• The data reached an all-time high of 172.19 % in Jun 2009 and a record low of 24.91 % in Mar 2023

CEIC calculates quarterly Private Debt as % of Nominal GDP from monthly Private Debt and quarterly Nominal GDP. Private Debt is calculated as the sum of Domestic Credits to Private Enterprises and Households, then subtract Domestic Credits to Financial Intermediation excl. MFIs. The Central Bank of Ireland provides Private Debt in EUR. Central Statistics Office provides Nominal GDP in EUR.

Graph and download economic data for Outstanding Domestic Private Debt Securities to GDP for Ireland (DDDM03IEA156NWDB) from 1996 to 2011 about Ireland, debt, securities, domestic, private, and GDP.

Household debt to GDP, in percent in Ireland, December, 2024 The most recent value is 29.7 percent as of December 2024, a decline compared to the previous value of 30.5 percent. Historically, the average for Ireland from March 2002 to December 2024 is 68.68 percent. The minimum of 26.5 percent was recorded in March 2023, while the maximum of 117.5 percent was reached in December 2009. | TheGlobalEconomy.com

Ireland IE: Gross Public Debt: % of GDP: Budgetary Central Government data was reported at 72.088 % in Mar 2018. This records an increase from the previous number of 71.413 % for Dec 2017. Ireland IE: Gross Public Debt: % of GDP: Budgetary Central Government data is updated quarterly, averaging 43.092 % from Dec 1995 (Median) to Mar 2018, with 90 observations. The data reached an all-time high of 128.264 % in Mar 2013 and a record low of 0.000 % in Sep 1999. Ireland IE: Gross Public Debt: % of GDP: Budgetary Central Government data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Ireland – Table IE.World Bank: QPSD: Gross Public Debt: % of GDP: Budgetary Central Government.

Households Debt in Ireland decreased to 29.70 percent of GDP in the fourth quarter of 2024 from 30.50 percent of GDP in the third quarter of 2024. This dataset provides - Ireland Households Debt To Gdp- actual values, historical data, forecast, chart, statistics, economic calendar and news.

During the Great Recession of 2008-2009, the advanced economies of the G7 experienced a period of acute financial crises, downturns in the non-financial economy, and political instability. The governments of these countries in many cases stepped in to backstop their financial sectors and to try to stimulate their economies. The scale of these interventions was large by historical standards, with observers making comparisons to the measures of the New Deal which the U.S. undertook in the 1930s to end the Great Depression.

The bailouts of financial institutions and stimulus packages caused the government debt ratios of the United States, United Kingdom, and Japan in particular to rise sharply. The UK's government debt ratio almost doubled due to the bailouts of Northern Rock and Royal Bank of Scotland. On the other hand, the increases in government debt in the Eurozone were more measured, due to the comparative absence of stimulus spending in these countries. They would later be hit hard during the Eurozone crisis of the 2010s, when bank lending to the periphery of the Eurozone (Portugal, Spain, Ireland and Greece in particular) would trigger a sovereign debt crisis. The Canadian government, led by a Conservative premier, engaged in some fiscal stimulus to support its economy, but these packages were small in comparison to that in most other of the G7 countries.

This dataset provides values for GOVERNMENT DEBT TO GDP reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.