Debt to GDP ratio
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The tabular format gives more detail.
AFAIK external debt is the debt of everyone in the State (public and private) held by a party outside the State.
Looking at the CSO it's mostly banks and other financial firms that make up the numbers
Looking at the CSO it's mostly banks and other financial firms that make up the numbers
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Thanks, that's what I was looking for. I knew it was basically due to the IFSC etc but those numbers are staggering.AFAIK external debt is the debt of everyone in the State (public and private) held by a party outside the State.
Looking at the CSO it's mostly banks and other financial firms that make up the numbers
What's more important is when the debt is due, not it's composition. The Oireachtas' Parliamentary Budget Office tells all https://data.oireachtas.ie/ie/oirea...1-18_post-budget-2023-debt-infographic_en.pdf
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Does External Debt not include all private sector external debt? If so, would the activities of the big multinationals not impact on this (tax based in Ireland but "owing" money to their US headquarters) ?
"Don't confuse public debt with gross external debt. That's the amount owed to foreign investors by both the government and the private sector. Public debt impacts external debt, but they are not one and the same" https://www.thebalancemoney.com/what-is-the-public-debt-3306294
"Don't confuse public debt with gross external debt. That's the amount owed to foreign investors by both the government and the private sector. Public debt impacts external debt, but they are not one and the same" https://www.thebalancemoney.com/what-is-the-public-debt-3306294
Exactly.