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National Debt

Dáil Éireann Debate, Wednesday - 4 July 2018

Wednesday, 4 July 2018

Questions (133)

Bernard Durkan

Question:

133. Deputy Bernard J. Durkan asked the Taoiseach the degree to which Ireland's total debt has fluctuated in each of the past ten years to date expressed as a percentage of GNP and GDP. [29377/18]

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Written answers

The following table sets out Ireland's Gross General Government Debt as a percentage of GDP, GNP and GNI*.

Modified Gross National Income (GNI*) is a new indicator (introduced in July 2017), recommended by the Economic Statistics Review Group, and is designed to exclude globalisation effects that are disproportionately impacting the measurement of the size of the Irish economy (2017 GNI* not yet available).

Ireland's Gross General Government Debt, 2007-2017

Year

% of  GDP

% of  GNP

% of  GNI*

2007

23.9

27.9

28.0

2008

42.4

49.4

49.6

2009

61.5

74.4

75.6

2010

86.1

103.7

108.7

2011

110.3

137.3

144.5

2012

119.6

147.9

157.8

2013

119.4

141.7

150.6

2014

104.5

123.4

131.7

2015

76.9

97.9

116.6

2016

72.8

88.5

106.1

2017

68.0

83.5

not available

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