Ireland | Interest payments (% of expense)

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 (% of expense)
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969
1970
1971
1972 10.75862069
1973 10.97142857
1974 10.51643192
1975 10.91761554
1976 12.43272336
1977 13.46066394
1978 14.14291003
1979 14.3419062
1980 14.09474672
1981 15.26957164
1982 17.15487239
1983 17.36164736
1984 18.17528736
1985 19.54471545
1986 18.68886576
1987 18.51851852
1988 18.90034364
1989 19.88292082
1990 20.9948381
1991 19.56635319
1992 17.94851036
1993 16.79143584
1994 15.54693013
1995 13.67074077
1996 12.32695078
1997 11.05514222
1998 10.635818
1999 7.93092617
2000 6.89504841
2001 4.84586148
2002 4.34520902
2003 3.99356196
2004 3.61023267
2005 3.30805777
2006 3.2109327
2007 3.13017677
2008 3.43549748
2009 4.54552005
2010 4.52686751
2011 7.46372119
2012 10.30194787
2013 11.24224631
2014 10.97473469
2015 9.55168007
2016 8.79303319
2017 8.03973665
2018 6.85318538
2019 5.75286189
2020 3.97234471
2021 3.29222921
2022

Ireland | Interest payments (% of expense)

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