Ireland | Interest payments (% of revenue)

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 revenue)
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969
1970
1971
1972 11.22302158
1973 11.40142518
1974 11.71548117
1975 13.48221671
1976 14.18047882
1977 15.312985
1978 16.93262411
1979 17.37536657
1980 16.92957746
1981 18.68082223
1982 21.09862672
1983 20.70288521
1984 21.11853088
1985 23.49797993
1986 22.55714645
1987 21.94357367
1988 20.7995678
1989 20.83288497
1990 22.1869576
1991 20.65238371
1992 19.0627687
1993 17.85616197
1994 16.35117848
1995 14.48793413
1996 12.38742859
1997 10.63668603
1998 9.89668056
1999 7.02539107
2000 5.79584731
2001 4.56410888
2002 4.30826553
2003 3.94896163
2004 3.44471187
2005 3.1262865
2006 2.91664364
2007 3.00802884
2008 3.98938693
2009 6.48228842
2010 9.11965516
2011 10.48740976
2012 12.82490477
2013 13.21057622
2014 11.9230071
2015 10.13818919
2016 8.82607865
2017 7.97785469
2018 6.6390448
2019 5.43647355
2020 4.73705126
2021 3.43105372
2022

Ireland | Interest payments (% of revenue)

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