Ireland | Interest payments (current LCU)

Interest payments include interest payments on government debt--including long-term bonds, long-term loans, and other debt instruments--to domestic and foreign residents. Limitations and exceptions: For most countries central government finance data have been consolidated into one account, but for others only budgetary central government accounts are available. Countries reporting budgetary data are noted in the country metadata. Because budgetary accounts may not include all central government units (such as social security funds), they usually provide an incomplete picture. In federal states the central government accounts provide an incomplete view of total public finance. Data on government revenue and expense are collected by the IMF through questionnaires to member countries and by the Organisation for Economic Co-operation and Development (OECD). Despite IMF efforts to standardize data collection, statistics are often incomplete, untimely, and not comparable across countries. Statistical concept and methodology: The IMF's Government Finance Statistics Manual 2014, harmonized with the 2008 SNA, recommends an accrual accounting method, focusing on all economic events affecting assets, liabilities, revenues, and expenses, not just those represented by cash transactions. It accounts for all changes in stocks, so stock data at the end of an accounting period equal stock data at the beginning of the period plus flows over the period. The 1986 manual considered only debt stocks. Government finance statistics are reported in local currency. Many countries report government finance data by fiscal year; see country metadata for information on fiscal year end by country.
Publisher
The World Bank
Origin
Republic of Ireland
Records
63
Source
Ireland | Interest payments (current LCU)
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969
1970
1971
1972 99039570.117476
1973 121894855.5292
1974 142210664.78407
1975 206967306.78396
1976 293309496.11714
1977 375842471.21504
1978 485039945.95995
1979 601855849.17543
1980 763112585.13594
1981 1050073390.8609
1982 1502100146.7817
1983 1712876667.801
1984 1927462403.0555
1985 2289337755.4078
1986 2280449588.8588
1987 2399804968.2312
1988 2444245800.9762
1989 2458212919.8389
1990 2840404081.4461
1991 2853101462.2304
1992 2815009319.8775
1993 2848022509.9166
1994 2797232986.7795
1995 2785404000
1996 2621608000
1997 2537556000
1998 2660097000
1999 2164266000
2000 2071381000
2001 1714541000
2002 1741767000
2003 1728150000
2004 1676534000
2005 1714118000
2006 1820564000
2007 1969524000
2008 2385091000
2009 3393815000
2010 4725363000
2011 5746071000
2012 7275451000
2013 7737760000
2014 7574341000
2015 6922372000
2016 6255546000
2017 5900410000
2018 5307929000
2019 4614135000
2020 3820329000
2021 3281938000
2022

Ireland | Interest payments (current LCU)

Interest payments include interest payments on government debt--including long-term bonds, long-term loans, and other debt instruments--to domestic and foreign residents. Limitations and exceptions: For most countries central government finance data have been consolidated into one account, but for others only budgetary central government accounts are available. Countries reporting budgetary data are noted in the country metadata. Because budgetary accounts may not include all central government units (such as social security funds), they usually provide an incomplete picture. In federal states the central government accounts provide an incomplete view of total public finance. Data on government revenue and expense are collected by the IMF through questionnaires to member countries and by the Organisation for Economic Co-operation and Development (OECD). Despite IMF efforts to standardize data collection, statistics are often incomplete, untimely, and not comparable across countries. Statistical concept and methodology: The IMF's Government Finance Statistics Manual 2014, harmonized with the 2008 SNA, recommends an accrual accounting method, focusing on all economic events affecting assets, liabilities, revenues, and expenses, not just those represented by cash transactions. It accounts for all changes in stocks, so stock data at the end of an accounting period equal stock data at the beginning of the period plus flows over the period. The 1986 manual considered only debt stocks. Government finance statistics are reported in local currency. Many countries report government finance data by fiscal year; see country metadata for information on fiscal year end by country.
Publisher
The World Bank
Origin
Republic of Ireland
Records
63
Source