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Government surplus of €8 bn as debt ratio down
Pic: Ibrahim Boran on Unsplash
18 Apr 2023 / ireland Print

Government surplus of €8bn as debt ratio down

Provisional CSO data for 2022 show a general Government surplus of €8 billion, which is 1.6% of Gross Domestic Product (GDP).

In 2022, revenue increased by €16.6 billion (+16.8%), while expenditure rose by €1.8 billion (+1.7%), resulting in an improvement of €14.8 billion over the 2021 deficit. 

The general Government debt ratio decreased to 44.7% of GDP at end of 2022.

Debt

Gross debt fell by €11.3 billion during 2022, with an end-year position of €224.8 billion. This compared with the 2021 figure of €236.1 billion (55.4% of GDP).

Today's results are provisional. The detailed release and tables will be published on 21 April, the CSO has said.

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