Carol Nolan
Question:498. Deputy Carol Nolan asked the Minister for Finance the annual cost of servicing the national debt since 2011 to date in tabular form; and if he will make a statement on the matter. [20054/22]
View answerTuesday, 26 April 2022
Questions (498)
Written answers
The NTMA have informed me that the table below shows the national debt service cost for each year from 2011 to 2021. The figure for 2021 is a provisional outturn as per the end-December 2021 Exchequer Statement. National debt service is a combination of interest together with fees and operating expenses. The years 2011 – 2014 in the table below also include a Sinking Fund payment.
|
€m |
National Debt Service |
|
2021 |
3,745 |
|
2020 |
4,676 |
|
2019 |
5,220 |
|
2018 |
5,967 |
|
2017 |
6,227 |
|
2016 |
6,845 |
|
2015 |
7,107 |
|
2014 |
8,212 |
|
2013 |
8,083 |
|
2012 |
6,468 |
|
2011 |
5,375 |
The NTMA have also informed me that most recently, for Q1 2022, National debt service costs totalled €2,017m, marginally below the same period in 2021.