Public debt equal to €42k per head of population
Ireland has one of the highest levels of public debt in the developed world and is surpassed on a per capita basis globally only by Japan and the US. It amounts to €42,000 for every person resident in the State.
The Department of Finance’s second annual ‘Report on Public Debt in Ireland’ outlines how a decade after the financial crash, “the public debt overhang in Ireland remains significant” at just over €200bn.
