Public debt as a share of GDP fell 8.54% to 39.2% in Ireland in 2024, according to the National Statistical Office.
Historically, public debt as a share of GDP in Ireland reached an all time high of 120% in 2013 and an all time low of 23.6% in 2006. When compared to Ireland's main peers, public debt as a share of GDP in Canada amounted to 96.3%, 113% in France, 60.0% in Iceland and 76.7% in United Kingdom in 2024.
Ireland has been ranked 124th within the group of 166 countries we follow in terms of public debt as a share of GDP, 111 places below the position seen 10 years ago.
Public Debt (As % of GDP) | Unit | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 |
Australia | % | 58.4% | 56.7% | 58.6% | 60.5% | 60.4% | ||||||||||||||||
Belgium | % | 108% | 104% | 105% | 107% | 110% | ||||||||||||||||
Canada | % | 113% | 102% | 98.7% | 96.3% | 93.3% | ||||||||||||||||
Denmark | % | 36.6% | 31.8% | 32.1% | 31.4% | 31.1% | ||||||||||||||||
France | % | 113% | 112% | 113% | 113% | 115% | ||||||||||||||||
Germany | % | 69.6% | 71.1% | 68.3% | 65.6% | 63.1% | ||||||||||||||||
Iceland | % | 74.6% | 68.2% | 63.1% | 60.0% | 56.7% | ||||||||||||||||
Ireland | % | 55.3% | 47.0% | 42.8% | 39.2% | 36.5% | ||||||||||||||||
Italy | % | 151% | 147% | 147% | 146% | 145% | ||||||||||||||||
Mexico | % | 57.6% | 56.8% | 58.7% | 59.0% | 59.3% | ||||||||||||||||
Norway | % | 43.4% | 40.3% | 39.5% | 39.2% | 38.7% | ||||||||||||||||
Spain | % | 119% | 114% | 112% | 110% | 109% | ||||||||||||||||
Sweden | % | 36.8% | 33.5% | 31.2% | 28.8% | 26.9% | ||||||||||||||||
USA | % | 128% | 122% | 123% | 126% | 129% | ||||||||||||||||
United Kingdom | % | 95.3% | 87.0% | 79.9% | 76.7% | 73.7% |