Fiscal Balance in Ireland
The fiscal balance in Ireland averaged -1.7% of GDP in the decade to 2022, in line with the Euro Area average of -2.7% of GDP. The fiscal balance in 2022 was 1.7% of GDP. For more fiscal balance information, visit our dedicated page.
Ireland Fiscal Balance Chart
Note: This chart displays Fiscal Balance (% of GDP) for Ireland from 2014 to 2023.
Source: Macrobond.
Ireland Fiscal Balance Data
| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Fiscal Balance (% of GDP) | 0.4 | -4.9 | -1.4 | 1.7 | 1.5 |
How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Irish fiscal balance projections for the next ten years from a panel of 17 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable fiscal balance forecast available for Irish fiscal balance.
Download one of our sample reports to visualize what a Consensus Forecast is and see our Irish fiscal balance projections.
Want to get access to the full dataset of Irish fiscal balance forecasts? Send an email to info@focus-economics.com.