Euro area vs Ireland: Net lending (+) / net borrowing (-) (% of GDP)
Net lending (+) / net borrowing (-) (% of GDP) over time
- Euro area
- Ireland
How they compare
Ireland currently reports 4.4% against -2.7% in Euro area, a difference of 7.1%.
That makes Ireland's figure about 1.6 times Euro area's.
The two have swapped places 5 times across 53 shared years of data; in 1972 it was Euro area ahead.
Euro area ranks 9th and Ireland ranks 10th of 26 groups.
Across the 6 decades both report, Euro area averaged higher in 3 and Ireland in 3.
Head to head by decade
| Decade | Euro area | Ireland | Difference | Ahead |
|---|---|---|---|---|
| 1970s | -1.3% | -5.1% | 3.9% | Euro area |
| 1980s | -3.0% | -7.3% | 4.3% | Euro area |
| 1990s | -2.8% | -0.7% | 2.0% | Ireland |
| 2000s | -1.7% | -0.9% | 0.9% | Ireland |
| 2010s | -2.3% | -6.6% | 4.3% | Euro area |
| 2020s | -4.3% | 0.3% | 4.7% | Ireland |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher net lending (+) / net borrowing (-), Euro area or Ireland?
- Ireland, at 4.4% against -2.7% in Euro area as of 2024.
- What is the difference in net lending (+) / net borrowing (-) between Euro area and Ireland?
- 7.1%, with Ireland ahead.
- How many years of comparable data are there for Euro area and Ireland?
- 53 years are reported by both, from 1972 to 2024.
- How do Euro area and Ireland rank globally for net lending (+) / net borrowing (-)?
- Euro area ranks 9th and Ireland ranks 10th of 26 groups.
- Where does this data come from?
- Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as Net lending (+) / net borrowing (-) (% of GDP). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Net lending (+) / net borrowing (–) equals government revenue minus expense, minus net investment in nonfinancial assets. It is also equal to the net result of transactions in financial assets and liabilities. Net lending/net borrowing is a summary measure indicating the extent to which government is either putting financial resources at the disposal of other sectors in the economy or abroad, or utilizing the financial resources generated by other sectors in the economy or from abroad. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.