Share of government expenditure going to interest payments in Ireland

Ireland: Share of government expenditure going to interest payments was 3.3 in 2022. ◆ Volatile

Latest (2022)
3.3
Change on year
up 0.6%
World rank
107th
of 152 countries
All-time high
20.99
in 1990
All-time low
3.13
in 2007
Years of data
51
1972–2022

Share of government expenditure going to interest payments in Ireland, 1972–2022

5101520197219972022

Source: Our World in Data.

Analysis

In 2022, share of government expenditure going to interest payments in Ireland stood at 3.3.

Compared with earlier readings it is up 0.6% on the previous year and down 67.9% over ten years.

Over the whole period, share of government expenditure going to interest payments in Ireland peaked at 20.99 in 1990 and was at its lowest, 3.13, in 2007.

Ireland ranks 107th of 152 countries on this measure, in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Share of government expenditure going to interest payments in Ireland, year by year

Annual values for Share of government expenditure going to interest payments in Ireland, 1972 to 2022.
Year Value Change
1972 10.76
1973 10.97 +2.0%
1974 10.52 -4.1%
1975 10.92 +3.8%
1976 12.43 +13.9%
1977 13.46 +8.3%
1978 14.14 +5.1%
1979 14.34 +1.4%
1980 14.09 -1.7%
1981 15.27 +8.3%
1982 17.15 +12.3%
1983 17.36 +1.2%
1984 18.18 +4.7%
1985 19.54 +7.5%
1986 18.69 -4.4%
1987 18.52 -0.9%
1988 18.9 +2.1%
1989 19.88 +5.2%
1990 20.99 +5.6%
1991 19.57 -6.8%
1992 17.95 -8.3%
1993 16.79 -6.4%
1994 15.55 -7.4%
1995 13.67 -12.1%
1996 12.33 -9.8%
1997 11.06 -10.3%
1998 10.64 -3.8%
1999 7.93 -25.4%
2000 6.9 -13.1%
2001 4.85 -29.7%
2002 4.35 -10.3%
2003 3.99 -8.1%
2004 3.61 -9.6%
2005 3.31 -8.4%
2006 3.21 -2.9%
2007 3.13 -2.5%
2008 3.44 +9.8%
2009 4.55 +32.3%
2010 4.53 -0.4%
2011 7.46 +64.9%
2012 10.3 +38.0%
2013 11.24 +9.1%
2014 10.98 -2.3%
2015 9.56 -13.0%
2016 8.82 -7.7%
2017 8.06 -8.6%
2018 6.86 -14.9%
2019 5.76 -16.0%
2020 3.98 -30.9%
2021 3.29 -17.5%
2022 3.3 +0.6%

Averages by decade

DecadeAverage LowestHighest Years
1970s 12.19 10.52 14.34 8
1980s 17.76 14.09 19.88 10
1990s 14.65 7.93 20.99 10
2000s 4.13 3.13 6.9 10
2010s 8.36 4.53 11.24 10
2020s 3.52 3.29 3.98 3

Countries ranked near Ireland

  1. 104 Saudi Arabia 3.41 compare
  2. 105 France 3.4 compare
  3. 106 Burundi 3.33 compare
  4. 108 Belgium 3.2 compare
  5. 109 Kyrgyzstan 3.16 compare
  6. 110 Czechia 3.15 compare

See the full ranking of 152 places →

More reference data data for Ireland

All data for Ireland →

Frequently asked questions

What is share of government expenditure going to interest payments in Ireland?
Share of government expenditure going to interest payments in Ireland was 3.3 in 2022, according to Our World in Data.
What is the highest share of government expenditure going to interest payments recorded in Ireland?
The highest recorded value was 20.99 in 1990.
What is the lowest share of government expenditure going to interest payments recorded in Ireland?
The lowest recorded value was 3.13 in 2007.
How does Ireland rank for share of government expenditure going to interest payments?
Ireland ranks 107th out of 152 countries with data for 2022.
Is share of government expenditure going to interest payments rising or falling in Ireland?
Over the last ten years it is down 67.9%. The long-run trend across the full record is volatile.
Where does this Ireland data come from?
The figures come from Our World in Data, published as part of Share of government expenditure going to interest payments. Statizoid updates them automatically from the source API.

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Share of government expenditure going to interest payments in Ireland. Statizoid, drawing on Our World in Data. Retrieved 27 August 2026, from https://reference.statizoid.com/stat/share-of-government-expenditure-going-to-interest-payments/ireland/

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About this data

Indicator
Share of government expenditure going to interest payments
Source
Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
152 places, 4,278 data points, 1972–2024
Last refreshed