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 the net debt incurred by the Exchequer after taking account of cash and other financial assets. Gross National Debt is the principal component of GGD. The NTMA’s responsibilities relate to National Debt only.