Interest payments in Ireland
Ireland: Interest payments was 3.34 billion current LCU in 2024. ◆ Volatile
Interest payments in Ireland, 1972–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
The most recent figure for interest payments in Ireland is 3.34 billion current LCU, measured in 2024.
Compared with earlier readings it is down 2.6% on the previous year and down 55.9% over ten years.
Over the whole period, interest payments in Ireland peaked at 7.74 billion current LCU in 2013 and was at its lowest, 99.04 million current LCU, in 1972.
Ireland ranks 101st of 155 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 290.77 million current LCU | 99.04 million current LCU | 601.86 million current LCU | 8 |
| 1980s | 1.88 billion current LCU | 763.11 million current LCU | 2.46 billion current LCU | 10 |
| 1990s | 2.69 billion current LCU | 2.16 billion current LCU | 2.85 billion current LCU | 10 |
| 2000s | 2.02 billion current LCU | 1.68 billion current LCU | 3.39 billion current LCU | 10 |
| 2010s | 6.21 billion current LCU | 4.61 billion current LCU | 7.74 billion current LCU | 10 |
| 2020s | 3.44 billion current LCU | 3.28 billion current LCU | 3.82 billion current LCU | 5 |
Countries ranked near Ireland
- 98 Trinidad and Tobago 5.06 billion current LCU compare
- 99 Cape Verde 4.77 billion current LCU compare
- 100 Finland 3.42 billion current LCU compare
- 102 Belarus 3.31 billion current LCU compare
- 103 Sudan 2.97 billion current LCU compare
- 104 Papua New Guinea 2.95 billion current LCU compare
More public sector data for Ireland
- Arms imports 63.00 million SIPRI trend indicator values (2023)
- Tax revenue 17.9% (2024)
- Taxes on income, profits and capital gains 45.2% (2024)
- Taxes on goods and services 22.9% (2024)
- Net investment in nonfinancial assets 1.8% (2024)
- Net lending (+) / net borrowing (-) 4.4% (2024)
- Interest payments 2.3% (2024)
- Grants and other revenue 9.3% (1994)
- Interest payments 3.3% (2022)
- Other taxes 1.8% (2024)
Frequently asked questions
- What is interest payments in Ireland?
- Interest payments in Ireland was 3.34 billion current LCU in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest interest payments recorded in Ireland?
- The highest recorded value was 7.74 billion current LCU in 2013.
- What is the lowest interest payments recorded in Ireland?
- The lowest recorded value was 99.04 million current LCU in 1972.
- How does Ireland rank for interest payments?
- Ireland ranks 101st out of 155 countries with data for 2024.
- Is interest payments rising or falling in Ireland?
- Over the last ten years it is down 55.9%. The long-run trend across the full record is volatile.
- Where does this Ireland data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Interest payments (current LCU). Statizoid updates them automatically from the source API.
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About this data
Interest payments include interest payments on government debt (including long-term bonds, long-term loans, and other debt instruments) to domestic and foreign residents. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.