Gross debt in Ireland
The government gross debt refers to the total of all sums of money that have to be paid to other countries, communities or institutions. On the other hand not included in the gross debt are the demands of a country to foreign ones.
The gross debt in Ireland in the period from 1998 to 2018 was between 37.2 billion and 215.3 billion Euro. The hightest level within the past 20 years was reached in 2013. However, the liabilities in 2018 have been only 206.21 billion Euro
Based on the number of inhabitants, this is in Ireland a debt of 42,367 Euro per person. For comparison: The average debt per person in the same year in the European Union was 28,460 Euro.
Back to overview: IrelandGross debt of the past 20 years in billion Euro
| Jahr | Ireland total | European Union total | Ireland per capita | European Union per capita |
|---|
| 1998 | 42.08 bn € | 542.28 bn € | 11,334 € | 11,144 € |
| 1999 | 43.85 bn € | 564.55 bn € | 11,679 € | 11,580 € |
| 2000 | 37.17 bn € | 569.72 bn € | 9,767 € | 11,669 € |
| 2001 | 40.52 bn € | 585.17 bn € | 10,482 € | 11,966 € |
| 2002 | 41.54 bn € | 601.06 bn € | 10,565 € | 12,260 € |
| 2003 | 43.56 bn € | 626.46 bn € | 10,898 € | 12,731 € |
| 2004 | 44.06 bn € | 673.97 bn € | 10,824 € | 13,642 € |
| 2005 | 44.38 bn € | 711.45 bn € | 10,668 € | 14,344 € |
| 2006 | 43.69 bn € | 737.12 bn € | 10,224 € | 14,806 € |
| 2007 | 47.15 bn € | 747.91 bn € | 10,718 € | 14,964 € |
| 2008 | 79.62 bn € | 794.75 bn € | 17,735 € | 15,842 € |
| 2009 | 104.69 bn € | 903.82 bn € | 23,082 € | 17,962 € |
| 2010 | 144.23 bn € | 1,014.27 bn € | 31,628 € | 22,971 € |
| 2011 | 189.73 bn € | 1,078.12 bn € | 41,424 € | 24,461 € |
| 2012 | 210.02 bn € | 1,132.19 bn € | 45,662 € | 25,650 € |
| 2013 | 215.34 bn € | 1,167.12 bn € | 46,571 € | 26,377 € |
| 2014 | 203.36 bn € | 1,218.04 bn € | 43,662 € | 27,460 € |
| 2015 | 201.64 bn € | 1,254.07 bn € | 42,883 € | 28,210 € |
| 2016 | 200.71 bn € | 1,247.85 bn € | 42,207 € | 28,011 € |
| 2017 | 201.37 bn € | 1,257.98 bn € | 41,887 € | 28,197 € |
| 2018 | 206.21 bn € | 1,271.52 bn € | 42,367 € | 28,460 € |
Comparison of the gross debt per capita with the European Union in Euro
Ireland European UnionBudget deficit in Ireland
The budget deficit of a country is the result of all its claims and liabilities. This includes incomes and expenses, repayments and building of new debts in other countries, but also domestic positions of the government, such as social insurances, local authorities and communities. It is the financial balance of the economic accounts. In simple terms: If a country at the end of the year has more money, than at at the beginning, it is a surplus - it is less, it is called deficit.
The budget balance in Ireland in the period between 1998 and 2018 varied between -53.77 billion Euro and +5.22 billion Euro. In 2018 was reached a balance of 45.60 million Euro.
In ratio to population, this equals a surplus of 9 Euro per capita in Ireland. For comparison, the average debt per capita in the European Union was in the same year at 222 Euro.
Budget deficit and surplus in the last 20 years
| Jahr | Ireland total | European Union total | Ireland per capita | European Union per capita |
|---|
| 1998 | 1.87 bn € | -153.24 bn € | 503 € | -315 € |
| 1999 | 2.46 bn € | -82.11 bn € | 655 € | -168 € |
| 2000 | 4.99 bn € | 52.06 bn € | 1,311 € | 107 € |
| 2001 | 1.07 bn € | -143.52 bn € | 276 € | -293 € |
| 2002 | -0.52 bn € | -257.29 bn € | -132 € | -525 € |
| 2003 | 0.58 bn € | -321.17 bn € | 144 € | -653 € |
| 2004 | 2.08 bn € | -320.91 bn € | 511 € | -650 € |
| 2005 | 2.74 bn € | -287.69 bn € | 658 € | -580 € |
| 2006 | 5.22 bn € | -197.73 bn € | 1,222 € | -397 € |
| 2007 | 0.52 bn € | -115.05 bn € | 118 € | -230 € |
| 2008 | -13.18 bn € | -325.54 bn € | -2,935 € | -649 € |
| 2009 | -23.52 bn € | -813.10 bn € | -5,185 € | -1,616 € |
| 2010 | -53.77 bn € | -821.13 bn € | -11,792 € | -1,860 € |
| 2011 | -21.94 bn € | -603.66 bn € | -4,790 € | -1,370 € |
| 2012 | -14.17 bn € | -574.22 bn € | -3,082 € | -1,301 € |
| 2013 | -11.09 bn € | -450.90 bn € | -2,399 € | -1,019 € |
| 2014 | -7.12 bn € | -406.19 bn € | -1,528 € | -916 € |
| 2015 | -5.09 bn € | -346.32 bn € | -1,082 € | -779 € |
| 2016 | -1.81 bn € | -248.75 bn € | -380 € | -558 € |
| 2017 | -0.83 bn € | -154.01 bn € | -173 € | -345 € |
| 2018 | 0.05 bn € | -99.20 bn € | 9 € | -222 € |
(negative numbers = deficit)