Ireland - Public finance

Ireland's fiscal year follows the calendar year. Expenditures of local authorities are principally for health, roads, housing, and social welfare.

The US Central Intelligence Agency (CIA) estimates that in 2001 Ireland's central government took in revenues of approximately $34 billion and had expenditures of $27 billion. Overall, the government registered a surplus of approximately $7 billion. External debt totaled $11 billion.

The following table shows an itemized breakdown of government revenues and expenditures. The percentages were calculated from data reported by the International Monetary Fund. The dollar amounts (millions) are based on the CIA estimates provided above.


REVENUE AND GRANTS 100.0% 34,000
Tax revenue 91.0% 30,938
Non-tax revenue 3.8% 1,292
Grants 5.2% 1,770
EXPENDITURES 100.0% 27,000
General public services 9.0% 2,438
Defense 2.9% 784
Education 13.6% 3,668
Health 16.3% 4,391
Social security 25.9% 7,002
Housing and community amenities 2.1% 567
Recreation, cultural, and religious affairs 0.7% 184
Economic affairs and services 16.7% 4,503
Interest payments 12.8% 3,463

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