Windsor Framework & Northern Ireland Protocol Overview
Large government surplus expected
Debt metrics all improved again in 2023
Forecasted 2024 GG surplus (2.7%) despite
slowing growth
Debt metrics set to improve this year again
Debt to GNI* expected to fall rapidly
10
5
do -5
-10
-15
-20
N
11
175
Debt-to-GNI*
(76.1% 2023f; 97% in 2019)
150
125
Debt-to-GG Revenue
100
(178% 2023f; 230% in 2019)
do
75
50
25
0₁
Average interest rate
(1.5% 2023f, from 2.2% in 2019)
2000
2010
2020
GGB (% GNI*)
Primary Balance (% GNI*)
Source: CSO, Irish Department of Finance forecasts
Gníomhaireacht Bainistíochta an Chisteáin Náisiúnta
National Treasury Management Agency
Debt-to-GDP^
(41.4% 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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