The annual contribution of Ireland to the EU Budget from 2019 to 2024 is outlined in Table 1 below:
Table 1: EU Budget payments 2019-2024
|
Year
|
Payments to EU Budget € billion
|
|
2019
|
2.4
|
|
2020
|
2.6
|
|
2021
|
3.5
|
|
2022
|
3.6
|
|
2023
|
3.7
|
|
2024
|
3.4
|
With regard to projected contributions, my Department’s most recent forecast was prepared for Budget 2026, for the remaining years of the current Multiannual Financial Framework period, which ends in 2027. My officials will continue to work on revising these forecasts as the MFF period progresses. The projected contributions for the remaining three years are as follows:
Table 2: EU Budget payment forecast 2025-2027
|
Forecast Gross Payments to EU Budget
|
2025 (€ billion)
|
2026(€ billion)
|
2027(€billion)
|
|
|
Total
|
3.4
|
4.3
|
4.9
|
|
Based on my Department’s forecasts, Ireland’s contributions to the EU budget will continue to grow over the remainder of the MFF period. This is directly linked to several factors, including in particular the overall level of payments in the EU budget, which Member States must finance, and Ireland’s economic performance, which drives Ireland’s share of the overall budget. A significant proportion of how Member States finance the EU budget is according to relative Gross National Income (GNI).