Gross Government debt declines by €2.5bn in 2024 

Ireland recorded a general Government surplus of €23.4bn during 2024, largely due to the conclusion of the €13bn tech giant Apple paid in back taxes

Last week, finance minister Paschal Donohoe published the latest exchequer results showing tax receipts are €3.5bn higher so far this year compared to last year. Picture: Sam Boal/Collins 

Ireland’s gross national debt fell by €2.5bn during 2024 to €218.2bn, as the Government recorded a surplus of €23.4bn, provisional data from the Central Statistics Office (CSO) shows.

The data shows the general Government debt ratio fell to 40.9% of gross domestic product (GDP) at year end 2024. Gross debt during 2023 was 43.3% of GDP.