General Government Debt and National Debt

General Government Debt (GGD) is a measure of the total gross consolidated debt of the State compiled by the Central Statistics Office (CSO). It is the measure used for comparative purposes across the European Union.

National Debt is defined by section 1 of the National Treasury Management Agency Act, 1990 as the debt outstanding for the time being of the Exchequer. The NTMA refers to this as Gross National Debt. Net National Debt is presented as the net debt incurred by the Exchequer after taking account of cash and other financial assets.

Historical And Forecast General Government Debt