Economic and Investment Outlook
Government surplus expected again in 2023
Debt metrics all improved again last year
Forecasted 2023 GG surplus (3.5%) despite Debt metrics set to improve this year again
slowing growth
Debt to GNI* expected to fall rapidly
10
5
do -5
-10
-15
-20
2000
175
Debt-to-GNI*
(78.8% 2023f; 95% in 2019)
150
125
Debt-to-GG Revenue
(181% 2023f; 232% in 2019)
100
do
75
Average interest rate
50
(1.5% 2023f, from 2.2% in 2019)
25
2010
2020
0₁
GGB (% GNI*)
Primary Balance (% GNI*)
Source: CSO, Irish Department of Finance forecasts
Gníomhaireacht Bainistíochta an Chisteáin Náisiúnta
National Treasury Management Agency
Debt-to-GDP^
(40.5% 2023f, from 57% in 2019)
^ Debt to GDP is not an appropriate metric to use for Ireland
|
I
1995 2000 2005 2010 2015 2020 2025
Debt-to-GNI*
Debt-to-GDP
Source: CSO, Irish Department of Finance forecasts
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