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Friday 22 September 2023 Dublin: 12°C

# Public Debt

This year
Ireland has one of the highest per capita debt burdens in the world, around €44,250 per citizen
The burden of public debt for each person in Ireland was around €8,000 higher than the euro area average in 2022.
All time
Central Bank tells government to save rather than spend windfalls to help buffer Ireland against future downturns
If windfalls are going to be to be used, they should be used to reduce Ireland’s debt.
Have €42,500? That's the amount of public debt hanging over the head of every person living in the State
Minister Paschal Donohoe said prudent management of the public finances in needed.
S&P downgrades Ireland over growing debt to prop up banks
The rating agency says the EU/IMF loan averted an even deeper downgrade.