A notice about cookies

This website uses cookies. Some cookies may have been set already. To find out more about our use of cookies you can visit our Privacy policy. By browsing this website, you agree to our use of cookies.


This is a prototype - your feedback will help us to improve it.


Fiscal Monitor October 2019

Published: 4 November 2019
From: Department of Finance and Department of Public Expenditure and Reform
  • An Exchequer deficit of €1,697 million was recorded to end-October 2019. This compares to a deficit of €2,694 million in the same period last year. The €998 million year-on-year improvement is driven by increases across all revenue streams; tax, non-tax and capital receipts, and somewhat offset by increases in both current and capital voted expenditure.
  • Tax revenues of €44,973 million to end-October 2019 were ahead of target by 1.6% or €706 million and exceeded the 2018 performance by 6.7% or €2,810 million.
  • Total net voted expenditure to end-October 2019, at €43,224 million, was up €3,082 million or 7.7% in year-on-year terms, comprised of a 6.0% increase in current spending and a 23.9% increase in capital spending. This was slightly below profile, by 1.3% or €575 million.

Fiscal Monitor October 2019