Ireland Government Debt to GDP
General government gross debt as % of GDP GGXWDG_NGDP
Ireland's government debt to gdp was 33.00% in 2025, ranked 144th globally. This represents a 14.9% decrease from 2024. Data from IMF WEO, covering 1995–2025.
Overview
Ireland's government debt to gdp stood at 33.00% in 2025, a decline of +5.77% from 2024. The IMF projects 33.00% by 2025. Ireland ranked 144th globally.
Ireland's government debt-to-GDP ratio has shown significant fluctuations over the past three decades. At its all-time peak in 2012, this ratio reached 118.91, largely due to the country's response to the global financial crisis. Conversely, the ratio hit its lowest point in 2006 at 23.65, a period characterized by robust economic growth. The current ratio of 33.00, ranked #144 globally, is a relatively stable figure compared to the past. In comparison to peer countries, Ireland's ratio is lower than Sweden's 34.16 but higher than Peru's 32.13. The ratio has generally trended downward since its peak, indicating a gradual reduction in Ireland's public debt burden. A sustained economic growth, especially in industries such as technology and pharmaceuticals, could further decrease the ratio and improve Ireland's economic stability.
Data & projection
| Year | Government Debt to GDP | YoY change | Rank |
|---|---|---|---|
| 2030* IMF | 28.23% | - | - |
| 2029* IMF | 29.00% | - | - |
| 2028* IMF | 29.98% | - | - |
| 2027* IMF | 30.95% | - | - |
| 2026* IMF | 31.51% | - | - |
| 2025* IMF | 33.00% | - | - |
| 2025 | 33.00% | −5.77% | #144 |
| 2024 | 38.77% | −3.30% | #50 |
| 2023 | 42.06% | −1.10% | #59 |
| 2022 | 43.17% | −9.49% | #64 |
| 2021 | 52.65% | −4.43% | #84 |
| 2020 | 57.08% | +1.17% | #94 |
| 2019 | 55.91% | −5.51% | #111 |
| 2018 | 61.42% | −3.85% | #129 |
| 2017 | 65.27% | −7.44% | #137 |
| 2016 | 72.71% | −1.32% | #143 |
| 2015 | 74.03% | −27.36% | #153 |
| 2014 | 101.39% | −16.29% | #174 |
| 2013 | 117.68% | −1.24% | #179 |
| 2012 | 118.91% | +9.32% | #179 |
| 2011 | 109.59% | +23.36% | #177 |
Detected Pattern
Analysis
Ireland matched the Export Boom Cycle pattern in 2021. Historically, 71% of countries showing this pattern (546 out of 768) saw government debt to gdp improve within 24 months. View full analysis →
Frequently Asked Questions
Ireland's government debt to gdp was 33.00% in 2025. Ranked 144th globally. This represents a 14.9% decrease from the previous year.
Ireland's government debt to gdp peaked at 118.91% in 2012.
The lowest government debt to gdp in Ireland was 23.65% in 2006.
Ireland ranks 144th globally in government debt to gdp as of 2025.
The World Bank indicator code is GGXWDG_NGDP. Data sourced from IMF WEO.
Ireland's government debt to gdp is projected to reach 33.00% by 2025 based on IMF projection.
The government debt to gdp of Ireland in 2025 was 33.00%. This ranks 144th in the world.
Cite this page
@misc{historysaid_ireland_government-debt-to-gdp,
title = {Ireland Government Debt to GDP},
url = {https://historysaid.com/ireland/government-debt-to-gdp/},
publisher = {HistorySaid},
year = {2026}
}