Provisional data for 2024 shows a general government surplus of €23.4 billion which was 4.4% of Gross Domestic Product (GDP).
In 2024, revenue increased by €24.5 billion (19.8%) while expenditure rose by €9 billion (7.8%) resulting in an improvement of €15.5 billion on the 2023 surplus (See Table 1.2).
The general government debt ratio decreased to 40.9% of GDP at year end 2024.
Gross debt fell by €2.5 billion during 2024 with an end-year position of €218.2 billion, compared with the 2023 figure of €220.7 billion (43.3% of GDP).
| Table 1.1 General Government Finances Main Aggregates | ||||||
| Balance | Gross Debt | Net Debt | ||||
| Year | €bn | % GDP | €bn | % GDP | €bn | % GDP |
| 2021 | -6.1 | -1.4 | 236.1 | 52.6 | 191.4 | 42.6 |
| 2022 | 8.7 | 1.7 | 224.8 | 43.1 | 186.5 | 35.8 |
| 2023 | 7.9 | 1.5 | 220.7 | 43.3 | 179.3 | 35.2 |
| 2024 | 23.4 | 4.4 | 218.2 | 40.9 | 157.2 | 29.5 |
| X-axis label | GG gross debt (LHS) | GG net debt (LHS) | GG balance (RHS) |
|---|---|---|---|
| 2021 | 52.6 | 42.6 | -1.4 |
| 2022 | 43.1 | 35.8 | 1.7 |
| 2023 | 43.3 | 35.2 | 1.5 |
| 2024 | 40.9 | 29.5 | 4.4 |
Today's results are provisional. The detailed release and tables will be published on 22/4/2025. PxStat is not updated with this provisional data. It will be updated when the detailed release and tables are published.
The main Excessive Deficit Procedure (EDP) notification tables for Ireland - details of government guarantees, Public Private Partnerships (PPPs) and concessions and tables showing the impact of government interventions in the financial sector - will be published on 23/4/2025, the same day as Eurostat's EDP statistics release.
Government accounts are compiled in the EU according to the European System of National Accounts 2010 (ESA2010) framework.
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