Tuesday 23 May 2017

Irish debt total at €1.64 trillion, new figures

Central Bank headquarters on Dame Street
Central Bank headquarters on Dame Street
Thomas Molloy

Thomas Molloy

The total amount owed by government, the Central Bank, financial institutions, companies and households is €1.64 trillion, the Central Statistics Office said today.

“The gross external debt of all resident sectors (ie general government, the monetary authority, financial and non-financial corporations and households) amounted to €1,638.0bn,” the CSO added.

The figure for the end of June was €37.9bn less than it was at the end of March.

Government foreign borrowing decreased by €1.2bn to €129.7bn at end-June 2013 after the State repaid a bond.

Banks owed €277.3bn at end of June while companies owed €877.7bn or 54pc of the total debt at end-June 2013.

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