Ireland 3rd quarter 2022 sees record 5.2 billion euros budget surplus

DUBLIN, Ireland: Ireland reported a higher budget surplus than any other country among the 27-member European Union for the third quarter of 2022, according to Eurostat.

Budget surplus is defined as more money being received in taxes and other revenue than was spent on capital investment, public services and debt repayments.

Ireland's budget surplus was reported at 3.1 percent of gross domestic product.