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For Written Answer on : 26/07/2022
Question Number(s): 397 Question Reference(s): 41181/22
Department: Finance
Asked by: David Stanton T.D.
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QUESTION
To ask the Minister for Finance the current value of cash in circulation in Ireland; the value in circulation in each of the years from 2017 to 2021, inclusive; and if he will make a statement on the matter.
REPLY
The total cash in circulation in Ireland comprises the cash issued by the Central Bank of Ireland, as well as any other euro cash which has migrated into Ireland from other euro area countries, or out of Ireland to other countries.
On that basis it is not possible to provide data on the actual value of cash in circulation.
However, I have been informed by the Central Bank of Ireland that the current value of net issuance (issues by the CBI minus lodgements to the CBI), as at 20 July 2022 is €45,155.2m.
In addition, the net issuance figure for the end of each year 2017 to 2021 is as follows:
31.12.2017 €35,405.3m
31.12.2018 €36,923.9m
31.12.2019 €38,951.3m
31.12.2020 €41,948.9m
31.12.2021 €44,281.4m
20.07.2022 €45,155.2m