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General Government Debt

Dáil Éireann Debate, Tuesday - 28 May 2013

Tuesday, 28 May 2013

Questions (204)

John Deasy

Question:

204. Deputy John Deasy asked the Minister for Finance the projections for the overall national debt levels here for each of the next ten years; and the estimated amounts of interest to be paid in each of those years. [25897/13]

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Written answers

National debt is essentially the debt of the Exchequer and is a subset of general government debt. General government debt is the measure of the total debt of the State used for comparative purposes across the European Union. The latest forecasts available going out to 2019, have been published recently in the Stability Programme Update (SPU). The table restates the forecast for general government debt as contained in the SPU and also contains the forecast nominal amounts for debt and interest.

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2013

2014

2015

2016

2017

2018

2019

General Government Debt % of GDP

123.3%

119.4%

115.5%

110.8%

107.9%

103.6%

97.9%

General Government Debt € Billion

207.0

208.2

209.7

209.5

211.8

212.5

210.8

General Government Interest € Billion

8.2

8.5

8.9

9.2

9.5

9.9

10.1

Source: Department of Finance

Notes: Rounding may affect totals

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