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Average debt at €38k

THE average debt per person in the country now stands at €38,938, new figures show.

The data from the Central Bank also shows Ireland's per capita net wealth (the value of houses and financial assets minus borrowings) to be €97,394.

Total household debt -- defined as total loans to the non-business, non-government sectors of the economy -- has continued to fall, and now stands at €178.5bn. This is €25.2bn lower than the peak level at the end of 2008.