Net lending (+) / net borrowing (-) (current LCU) in Ireland
Ireland: Net lending (+) / net borrowing (-) (current LCU) was 24.80 billion current LCU in 2024. ◆ Volatile
Net lending (+) / net borrowing (-) in Ireland, 1972–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
Ireland recorded 24.80 billion current LCU for net lending (+) / net borrowing (-) in 2024. That is the highest value across all 53 years on record.
That represents a change of up 197.0% on the previous year and up 439.1% over ten years.
Over the whole period, net lending (+) / net borrowing (-) in Ireland peaked at 24.80 billion current LCU in 2024 and was at its lowest, -53.75 billion current LCU, in 2010.
That places Ireland 16th out of 156 countries with data for 2024, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Net lending (+) / net borrowing (-) (current LCU) in Ireland, year by year
| Year | current LCU | Change |
|---|---|---|
| 1972 | -67.30 million current LCU | — |
| 1973 | -82.53 million current LCU | +22.6% |
| 1974 | -187.92 million current LCU | +127.7% |
| 1975 | -420.28 million current LCU | +123.6% |
| 1976 | -342.83 million current LCU | -18.4% |
| 1977 | -410.12 million current LCU | +19.6% |
| 1978 | -675.50 million current LCU | +64.7% |
| 1979 | -869.77 million current LCU | +28.8% |
| 1980 | -1.08 billion current LCU | +24.5% |
| 1981 | -1.46 billion current LCU | +34.3% |
| 1982 | -1.89 billion current LCU | +29.7% |
| 1983 | -1.79 billion current LCU | -5.2% |
| 1984 | -1.66 billion current LCU | -7.3% |
| 1985 | -2.19 billion current LCU | +32.3% |
| 1986 | -2.30 billion current LCU | +4.9% |
| 1987 | -2.22 billion current LCU | -3.4% |
| 1988 | -1.33 billion current LCU | -40.1% |
| 1989 | -675.50 million current LCU | -49.2% |
| 1990 | -898.34 million current LCU | +33.0% |
| 1991 | -936.94 million current LCU | +4.3% |
| 1992 | -1.09 billion current LCU | +15.9% |
| 1993 | -1.20 billion current LCU | +10.9% |
| 1994 | -1.12 billion current LCU | -6.6% |
| 1995 | -1.10 billion current LCU | -2.3% |
| 1996 | -77.10 million current LCU | -93.0% |
| 1997 | 979.20 million current LCU | -1370.0% |
| 1998 | 1.81 billion current LCU | +84.6% |
| 1999 | 3.34 billion current LCU | +84.8% |
| 2000 | 5.40 billion current LCU | +61.7% |
| 2001 | 1.73 billion current LCU | -68.0% |
| 2002 | -269.20 million current LCU | -115.6% |
| 2003 | 81.60 million current LCU | -130.3% |
| 2004 | 1.91 billion current LCU | +2242.0% |
| 2005 | 2.34 billion current LCU | +22.5% |
| 2006 | 4.81 billion current LCU | +105.4% |
| 2007 | 894.90 million current LCU | -81.4% |
| 2008 | -12.49 billion current LCU | -1495.7% |
| 2009 | -23.42 billion current LCU | +87.5% |
| 2010 | -53.75 billion current LCU | +129.5% |
| 2011 | -23.09 billion current LCU | -57.0% |
| 2012 | -14.72 billion current LCU | -36.3% |
| 2013 | -11.34 billion current LCU | -23.0% |
| 2014 | -7.31 billion current LCU | -35.5% |
| 2015 | -5.74 billion current LCU | -21.6% |
| 2016 | -2.28 billion current LCU | -60.3% |
| 2017 | -969.50 million current LCU | -57.5% |
| 2018 | 322.20 million current LCU | -133.2% |
| 2019 | 2.08 billion current LCU | +544.8% |
| 2020 | -18.28 billion current LCU | -979.7% |
| 2021 | -5.35 billion current LCU | -70.7% |
| 2022 | 9.00 billion current LCU | -268.2% |
| 2023 | 8.35 billion current LCU | -7.2% |
| 2024 | 24.80 billion current LCU | +197.0% |
Ireland compared with similar countries
- Ireland's 24.80 billion current LCU is above the median for high income countries, which is -2.76 billion current LCU. (57 countries reporting)
- Ireland's 24.80 billion current LCU is above the median for Europe & Central Asia, which is -6.97 billion current LCU. (48 countries reporting)
Biggest year-on-year movements
Years where Net lending (+) / net borrowing (-) (current LCU) 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 |
|---|---|---|---|
| 2004 | +2242.0% | 81.60 million current LCU | 1.91 billion current LCU |
| 2008 | -1495.7% | 894.90 million current LCU | -12.49 billion current LCU |
| 1997 | +1370.0% | -77.10 million current LCU | 979.20 million current LCU |
| 2020 | -979.7% | 2.08 billion current LCU | -18.28 billion current LCU |
| 2019 | +544.8% | 322.20 million current LCU | 2.08 billion current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | -382.03 million current LCU | -869.77 million current LCU | -67.30 million current LCU | 8 |
| 1980s | -1.66 billion current LCU | -2.30 billion current LCU | -675.50 million current LCU | 10 |
| 1990s | -29.86 million current LCU | -1.20 billion current LCU | 3.34 billion current LCU | 10 |
| 2000s | -1.90 billion current LCU | -23.42 billion current LCU | 5.40 billion current LCU | 10 |
| 2010s | -11.68 billion current LCU | -53.75 billion current LCU | 2.08 billion current LCU | 10 |
| 2020s | 3.70 billion current LCU | -18.28 billion current LCU | 24.80 billion current LCU | 5 |
Countries ranked near Ireland
- 13 Kyrgyzstan 50.62 billion current LCU compare
- 14 Macao 27.87 billion current LCU compare
- 15 Singapore 26.36 billion current LCU compare
- 17 Nicaragua 16.84 billion current LCU compare
- 18 United Arab Emirates 7.87 billion current LCU compare
- 19 Azerbaijan 4.96 billion current LCU compare
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Frequently asked questions
- What is net lending (+) / net borrowing (-) in Ireland?
- Net lending (+) / net borrowing (-) in Ireland was 24.80 billion current LCU in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net lending (+) / net borrowing (-) recorded in Ireland?
- The highest recorded value was 24.80 billion current LCU in 2024.
- What is the lowest net lending (+) / net borrowing (-) recorded in Ireland?
- The lowest recorded value was -53.75 billion current LCU in 2010.
- How does Ireland rank for net lending (+) / net borrowing (-)?
- Ireland ranks 16th out of 156 countries with data for 2024.
- Is net lending (+) / net borrowing (-) rising or falling in Ireland?
- Over the last ten years it is up 439.1%. 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 Net lending (+) / net borrowing (-) (current LCU). Statizoid updates them automatically from the source API.
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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 in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.