Interest payments (% of expense) in Ireland
Ireland: Interest payments (% of expense) was 3.3% in 2022. ◆ Volatile
Interest payments in Ireland, 1972–2022
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of expense.
Analysis
The most recent figure for interest payments in Ireland is 3.3%, measured in 2022.
The figure is up 0.6% on the previous year and down 67.9% over ten years.
Over the whole period, interest payments in Ireland peaked at 21.0% in 1990 and was at its lowest, 3.1%, in 2007.
That places Ireland 107th out of 152 countries with data for 2022, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Interest payments (% of expense) in Ireland, year by year
| Year | % of expense | Change |
|---|---|---|
| 1972 | 10.8% | — |
| 1973 | 11.0% | +2.0% |
| 1974 | 10.5% | -4.1% |
| 1975 | 10.9% | +3.8% |
| 1976 | 12.4% | +13.9% |
| 1977 | 13.5% | +8.3% |
| 1978 | 14.1% | +5.1% |
| 1979 | 14.3% | +1.4% |
| 1980 | 14.1% | -1.7% |
| 1981 | 15.3% | +8.3% |
| 1982 | 17.2% | +12.3% |
| 1983 | 17.4% | +1.2% |
| 1984 | 18.2% | +4.7% |
| 1985 | 19.5% | +7.5% |
| 1986 | 18.7% | -4.4% |
| 1987 | 18.5% | -0.9% |
| 1988 | 18.9% | +2.1% |
| 1989 | 19.9% | +5.2% |
| 1990 | 21.0% | +5.6% |
| 1991 | 19.6% | -6.8% |
| 1992 | 17.9% | -8.3% |
| 1993 | 16.8% | -6.4% |
| 1994 | 15.5% | -7.4% |
| 1995 | 13.7% | -12.1% |
| 1996 | 12.3% | -9.8% |
| 1997 | 11.1% | -10.3% |
| 1998 | 10.6% | -3.8% |
| 1999 | 7.9% | -25.4% |
| 2000 | 6.9% | -13.1% |
| 2001 | 4.8% | -29.7% |
| 2002 | 4.3% | -10.3% |
| 2003 | 4.0% | -8.1% |
| 2004 | 3.6% | -9.6% |
| 2005 | 3.3% | -8.4% |
| 2006 | 3.2% | -2.9% |
| 2007 | 3.1% | -2.5% |
| 2008 | 3.4% | +9.8% |
| 2009 | 4.5% | +32.3% |
| 2010 | 4.5% | -0.4% |
| 2011 | 7.5% | +64.9% |
| 2012 | 10.3% | +38.0% |
| 2013 | 11.2% | +9.1% |
| 2014 | 11.0% | -2.3% |
| 2015 | 9.6% | -13.0% |
| 2016 | 8.8% | -7.7% |
| 2017 | 8.1% | -8.6% |
| 2018 | 6.9% | -14.9% |
| 2019 | 5.8% | -16.0% |
| 2020 | 4.0% | -30.9% |
| 2021 | 3.3% | -17.5% |
| 2022 | 3.3% | +0.6% |
Ireland compared with similar countries
- Ireland's 3.3% is above the median for high income countries, which is 3.3%, 1.0× the median. (54 countries reporting)
- Ireland's 3.3% is above the median for Europe & Central Asia, which is 3.3%, 1.0× the median. (47 countries reporting)
Biggest year-on-year movements
Years where Interest payments (% of expense) in Ireland changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2011 | +64.9% | 4.5% | 7.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 12.2% | 10.5% | 14.3% | 8 |
| 1980s | 17.8% | 14.1% | 19.9% | 10 |
| 1990s | 14.6% | 7.9% | 21.0% | 10 |
| 2000s | 4.1% | 3.1% | 6.9% | 10 |
| 2010s | 8.4% | 4.5% | 11.2% | 10 |
| 2020s | 3.5% | 3.3% | 4.0% | 3 |
Countries ranked near Ireland
More public sector data for Ireland
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Frequently asked questions
- What is interest payments in Ireland?
- Interest payments in Ireland was 3.3% in 2022, 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 21.0% in 1990.
- What is the lowest interest payments recorded in Ireland?
- The lowest recorded value was 3.1% in 2007.
- How does Ireland rank for interest payments?
- Ireland ranks 107th out of 152 countries with data for 2022.
- Is interest payments rising or falling in Ireland?
- Over the last ten years it is down 67.9%. 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 (% of expense). 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 as percentage of total expenses which is any decrease in net worth resulting from a transaction.