Ireland Government Debt to GDP — 2026 Data & Trend
Ireland's government debt was 32.90% in December 2025, up from 32.80% the previous quarter. A year earlier it stood at 38.30%.
Ireland's government debt stands at 32.90% as of December 2025. Over the latest readings, the government debt has moved within a band of 23.60% to 123.40%. The most recent figure of 32.90% is up from 32.80% a quarter earlier, and is 5.40% lower than a year ago.
The trend
Among the 121 economies tracked on this platform, Ireland ranks #95 on government debt by latest value. It rose from 32.80% in the previous quarter, and compares with a year-earlier 38.30%.
What's driving it
The debt ratio moves with budget deficits, growth, interest costs and the currency; faster nominal growth lowers it, while wide deficits push it up.
Recent readings
| Period | Government debt |
|---|---|
| Dec 2025 | 32.90% |
| Sep 2025 | 32.80% |
| Jun 2025 | 33.40% |
| Mar 2025 | 34.50% |
| Dec 2024 | 38.30% |
| Sep 2024 | 40.00% |
| Jun 2024 | 40.50% |
| Mar 2024 | 40.70% |
Data: Source: Eurostat (Commission Decision 2011/833/EU — reuse permitted with attribution). Figures carry an effective date; confirm with the source before relying on them.
Frequently asked questions
How Much Government Debt Does Ireland Have in 2026?
Ireland's government debt was 32.90% in December 2025, up from 32.80% the previous quarter. A year earlier it stood at 38.30%.
Is the government debt rising or falling in Ireland?
It rose in the latest reading — 32.90% in December 2025 versus 32.80% a quarter earlier. Year on year it is lower.
What is government debt?
It measures total public debt expressed as a share of gross domestic product (debt-to-GDP).