Subsidies and other transfers in Ireland
Ireland: Subsidies and other transfers was 43.67 billion current LCU in 2024. ◆ Volatile
Subsidies and other transfers in Ireland, 1990–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
Ireland recorded 43.67 billion current LCU for subsidies and other transfers in 2024. That is the highest value across all 35 years on record.
The figure is up 7.1% on the previous year and up 50.9% over ten years.
Over the whole period, subsidies and other transfers in Ireland peaked at 43.67 billion current LCU in 2024 and was at its lowest, 5.19 billion current LCU, in 1992.
That places Ireland 91st out of 153 countries with data for 2024, putting it 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 |
|---|---|---|---|---|
| 1990s | 7.93 billion current LCU | 5.19 billion current LCU | 11.30 billion current LCU | 10 |
| 2000s | 17.71 billion current LCU | 8.72 billion current LCU | 29.16 billion current LCU | 10 |
| 2010s | 29.67 billion current LCU | 28.94 billion current LCU | 31.69 billion current LCU | 10 |
| 2020s | 41.79 billion current LCU | 38.91 billion current LCU | 43.67 billion current LCU | 5 |
Countries ranked near Ireland
- 88 Afghanistan 52.93 billion current LCU compare
- 89 Belarus 46.69 billion current LCU compare
- 90 Nicaragua 45.51 billion current LCU compare
- 92 Guatemala 41.03 billion current LCU compare
- 93 Guinea-Bissau 38.43 billion current LCU compare
- 94 Mozambique 34.77 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 subsidies and other transfers in Ireland?
- Subsidies and other transfers in Ireland was 43.67 billion current LCU in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest subsidies and other transfers recorded in Ireland?
- The highest recorded value was 43.67 billion current LCU in 2024.
- What is the lowest subsidies and other transfers recorded in Ireland?
- The lowest recorded value was 5.19 billion current LCU in 1992.
- How does Ireland rank for subsidies and other transfers?
- Ireland ranks 91st out of 153 countries with data for 2024.
- Is subsidies and other transfers rising or falling in Ireland?
- Over the last ten years it is up 50.9%. 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 Subsidies and other transfers (current LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 35 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Subsidies are current unrequited payments that government units, including nonresident government units, make to enterprises on the basis of the levels of their production activities or the quantities or values of the goods or services that they produce, sell, export or import. 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.