Ireland recorded a Government Budget surplus equal to 0.10 percent of the country's Gross Domestic Product in 2018. Government Budget in Ireland averaged -2.93 percent of GDP from 1995 until 2018, reaching an all time high of 4.90 percent of GDP in 2000 and a record low of -32.10 percent of GDP in 2010. source: Central Statistics Office Ireland

Government Budget in Ireland is expected to be 0.20 percent of GDP by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Ireland Government Budget is projected to trend around 0.40 percent of GDP in 2020, according to our econometric models.

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Ireland Government Budget

Actual Previous Highest Lowest Dates Unit Frequency
0.10 -0.30 4.90 -32.10 1995 - 2018 percent of GDP Yearly

Ireland Government Budget
Government Budget is an itemized accounting of the payments received by government (taxes and other fees) and the payments made by government (purchases and transfer payments). A budget deficit occurs when an government spends more money than it takes in. The opposite of a budget deficit is a budget surplus.

Ireland Government Last Previous Highest Lowest Unit
Government Debt to GDP 63.60 67.80 119.90 23.60 percent [+]
Government Budget 0.10 -0.30 4.90 -32.10 percent of GDP [+]
Government Budget Value 1524.00 2621.00 6733.00 -4927.00 EUR Million [+]
Government Spending 8094.00 7997.00 8094.00 3893.00 EUR Million [+]
Government Spending to GDP 25.70 26.30 65.10 25.70 percent [+]
Government Revenues 14295.00 16541.00 19214.00 315.40 EUR Million [+]
Government Debt 213784.00 215096.00 218539.00 36004.00 EUR Million [+]
Fiscal Expenditure 14517.00 15315.00 19435.00 410.00 EUR Million [+]
Credit Rating 77.00 [+]
Military Expenditure 1140.00 1025.00 1231.00 244.00 USD Million [+]
Asylum Applications 430.00 665.00 665.00 55.00 persons [+]