What is Ireland’s deficit?

What is Irelands deficit?

Government deficit of €2.5 billion in the second quarter of 2021. The deficit in Q2 2021 of €2.5bn represents the sixth consecutive quarterly deficit. While public health restrictions began to ease over the second quarter, the ongoing pandemic supports are reflected in the size of the deficit.

Does Ireland have a deficit?

Although the absolute size of Northern Ireland’s deficit has fallen slightly from £9.7 billion in 2016–17 to £9.4 billion in 2018–19, proportional to the size of the economy, the deficit was higher during the 2018–19 fiscal year than any year from 1970 to 2000.

How much Ireland is in debt?

Ireland’s €240bn debt: how does it compare with other countries?

How much does Ireland owe the ECB?

The Irish banks owe around €150 billion to the European Central Bank and the Irish Central Bank.

How much debt is Ireland 2021?

Gross National Debt at End-October 2021

Composition of National Debt at End-October 2021 €bn Movement from end-2020 €bn
Gross National Debt 238.6 19.1
Cash and Liquid Assets 28.3 10.9
Other Non-Liquid Financial Assets 2.1 0.3
National Debt 208.2 7.9

Who owns Ireland’s debt?

Ownership of Irish Government Bonds

€ million Dec. 2015 Dec. 2020
1. Resident 50,846 65,752
Resident as % of total 40.6% 48.3%
Credit Institutions and Central Bank* 46,949 62,297
General Government 787 452
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Is Irelands debt sustainable?

So can Ireland just carry on borrowing? To an extent we will, for some years anyway, but adding the guts of €20 billion to debt each year through spending, as in 2020 and 2021, is not sustainable. … If they do, then debt ratios – the size of the debt compared with the size of the economy – keeps falling.

How much debt does Ireland owe to the EU?

In the third quarter of 2020, Greece’s national debt amounted to about 341.02 billion euros.

National debt in the member states of the European Union in the 4rd quarter 2020 (in billion euros)

Characteristic National debt in billion euros
Ireland 218.16
Greece 341.02
Spain 1,345.57
France 2,650.12