Irish Sovereign Green Bonds Update
Need to assess other metrics apart from debt to GDP when
analysing debt sustainability
2020F
GG debt to GG revenue % GG interest to GG rev % GG debt to GDP %
Greece
411.7%
6.1%
207.1%
Italy
332.7%
7.5%
159.6%
Portugal
316.1%
6.9%
135.1%
Spain
292.8%
5.8%
120.3%
Cyprus
272.7%
5.7%
112.6%
Ireland
254.4%
4.3%
59.5%
Belgium
234.5%
4.1%
117.7%
France
220.1%
2.6%
115.9%
EA19
218.8%
3.4%
101.7%
Slovenia
182.2%
3.8%
82.2%
EU28
177.2%
3.5%
79.4%
Austria
175.8%
2.9%
84.2%
Germany
154.1%
1.5%
71.2%
Slovakia
149.2%
3.0%
63.4%
Netherlands
142.2%
1.4%
60.0%
Finland
134.3%
1.4%
69.8%
Source: EU Commission forecasts, Irish numbers are actual outturn
Gníomhaireacht Bainistíochta an Chisteáin Náisiúnta Ireland 105.6% Debt to GNI* ratio in 2020 (SPU 2021 Forecast)
National Treasury Management Agency
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