Paschal Donohoe (Dublin Central, Fine Gael) | Oireachtas source

Approximately 90% to 95% is at fixed rates. If the Deputy looks at page 34 of our document, the average interest rate across the period is set out at the bottom of table 13 and it is approximately 2%, which is a staggering turnaround from where we have been over recent years. If one goes back to the point I made earlier, one sees that as a percentage of gross national income, our debt begins to come down quite a bit, in particular after we go through 2020. If the Deputy was to use debt as a percentage of GDP, it would be a far lower figure, continuing to reduce. Indeed, that is at the top in the second row. Debt as a percentage of gross national income is a better measurement of how we are doing.