Interest payments in Ireland
Ireland: Interest payments 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 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% |
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
- Arms imports 63.00 million SIPRI trend indicator values (2023)
- Arms imports (SIPRI trend indicator values), per capita 11.86 SIPRI trend indicator values per person (2023)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0001 SIPRI trend indicator values per US$ of GDP (2023)
- Arms imports (SIPRI trend indicator values), annual growth rate -74.29 % change on previous year (2020)
- Arms imports (SIPRI trend indicator values), gaps filled 63.00 million SIPRI trend indicator values (2023)
- Military expenditure (current USD), per capita 246.58 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0022 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate 4.83 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 1.33 billion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 914.5 SIPRI trend indicator values per square kilometre (2023)
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.