The budget balance in Ireland was forecast to continuously decrease between 2024 and 2029 by in total 20.3 billion Euros (-97.13 percent). According to this forecast, in 2029, the budget balance will have decreased for the fifth consecutive year to 0.56 billion Euros. The indicator describes the general government net lending/borrowing which is calculated as revenue minus total expenditure. The International Monetary Fund defines the general government expenditure as consisting of total expense and the net acquisition of nonfinancial assets. The general government revenue consists of the revenue from taxes, social contributions, grants receivable, and other revenue.
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IMF. (October 22, 2024). Ireland: Budget balance from 2019 to 2029 (in billion euros) [Graph]. In Statista. Retrieved November 17, 2024, from https://www.statista.com/statistics/270396/budget-balance-in-ireland/
IMF. "Ireland: Budget balance from 2019 to 2029 (in billion euros)." Chart. October 22, 2024. Statista. Accessed November 17, 2024. https://www.statista.com/statistics/270396/budget-balance-in-ireland/
IMF. (2024). Ireland: Budget balance from 2019 to 2029 (in billion euros). Statista. Statista Inc.. Accessed: November 17, 2024. https://www.statista.com/statistics/270396/budget-balance-in-ireland/
IMF. "Ireland: Budget Balance from 2019 to 2029 (in Billion Euros)." Statista, Statista Inc., 22 Oct 2024, https://www.statista.com/statistics/270396/budget-balance-in-ireland/
IMF, Ireland: Budget balance from 2019 to 2029 (in billion euros) Statista, https://www.statista.com/statistics/270396/budget-balance-in-ireland/ (last visited November 17, 2024)
Ireland: Budget balance from 2019 to 2029 (in billion euros) [Graph], IMF, October 22, 2024. [Online]. Available: https://www.statista.com/statistics/270396/budget-balance-in-ireland/