As we enter the final quarter of the year, Ireland has an outstanding €2.5 trillion of outstanding government bonds, with outstanding principal repayments of about €1.3 trillion.
This means that, as of the end of June, the country had outstanding debt of about 4.5 times GDP.
The total debt of the Republic of Ireland, according to the latest data, stands at €4.4 trillion.
It has also taken on huge debt obligations for services and infrastructure.
This is largely due to the huge number of people who have moved abroad.
However, Ireland’s total debt has declined over the last decade, from a peak of over 5.2 trillion in 2004, to around 4.8 trillion today.
It’s now down to around 2.8 percent of GDP, below the OECD average of 5.7 percent.
The debt in Ireland is a function of three things: debt to public sector and private sector debt, and the share of the GDP of the public sector.
The share of GDP of Irish public sector debt is currently around 13 percent.
This includes the debt of both the State and the local government.
It also includes debt of local government, as well as the public-sector debt of public enterprises and banks.
Irish public-private debt as a share of Ireland’s GDP is around 15.5 percent.
A further 2.5 percentage points of GDP is attributable to the share held by the banks.
The banks account for approximately 1.8 million of the total public sector balance of €6.7 trillion, and they account for another 1.5 million of this, at around €1 billion.
This puts the public banks debt at around 3.4 percent of Ireland in 2020.
The ratio of Irish banks debt to the GDP is now about 5.5 to 1.
This has been historically low.
Ireland’s public-service debt is now a proportionally smaller proportion of GDP.
Its share of public sector borrowing is around 1.6 percent of the economy, and its share of private sector borrowing has been increasing over the years.
In addition, there is a large gap between the share in public-owned enterprises and private-sector borrowing.
Irish private-owned companies account for roughly 8.4 million of GDP (the equivalent of 2.9 percent of Irish GDP), but their share of government borrowing is slightly less than 2 percent of total debt.
This explains why there is so much debt held by Irish private companies compared with their share in GDP.
There is also a substantial increase in debt held in the State, particularly in the public and private sectors.
This, along with the large amount of debt in the banks, is one of the main reasons that the State has been struggling to meet its deficit targets.
The amount of outstanding debt in Irish public and public-public sectors is the highest of any European country.
This accounts for nearly 10 percent of public debt in Europe, but less than 1 percent of its total GDP.
Ireland has one of Europe’s highest public-debt ratios.
The State accounts for over 9 percent of European GDP, but it has one-quarter of the debt in its public sector (or about 5 percent of gross domestic product).
However, this debt is primarily held by banks.
There are also significant public-company debt levels.
These levels of debt are much lower than the average European level of public-business debt.
These include the private-debts of the major European banks, as shown in the chart below.
The top three European banks have debt of over 4 percent of their GDP, while the remaining two banks account only for 1.2 percent.
In contrast, Ireland is the only country in Europe where debt to private sector companies accounts for less than 3 percent of all total debt, according the data compiled by Credit Suisse, which has an excellent track record on debt data.
In 2018, the government announced that it had taken a significant step towards debt restructuring.
This involved the closure of some large private- and public sector banks and the reduction of the size of the State’s debt.
However it remains to be seen whether this is enough to get Ireland on track for sustainable growth and economic recovery.
It is estimated that the Government will have to reduce the debt-to-GDP ratio in 2021 by about 5 percentage points, or about 10 percentage points in 2019 and 2020.
There have also been reports of further steps being taken to reduce debt, including the opening of new finance lines.
But it’s unclear how long the Government can sustain these measures and how much additional debt will need to be reduced to reach the same level of GDP as Ireland’s current debt.
As the economic recovery continues, there will be further measures taken to make the debt manageable, such as reducing the interest rate, cutting interest payments, and reducing interest charges.
However these measures will only be effective if the debt is kept in line with the growth of GDP and the inflation rate.
There has been much debate about whether the Irish economy is growing sufficiently to meet the