Tuesday March 31, 2020

Irish government debt rises to 117.6% of GDP in 2012

Irish government debt as a percentage of GDP, or gross domestic product, rose to 117.6 per cent last year from 106.4 per cent in 2011, new figures show.

22nd April, 2013
Irish government debt rose to 117.6 per cent of GDP last year

Irish government debt as a percentage of GDP, or gross domestic product, rose to 117.6 per cent last year from 106.4 per cent in 2011, new figures show.

The data, released by Eurostat in Luxembourg, showed that government expenditure, as a percentage of GDP, slipped to 42.1 per cent last year from 48.1 per cent a year earlier.

Meanwhile, government revenue as a percentage of GDP was down to 34.6 per cent from 34.9 per cent.

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