The Gross Domestic Product (GDP) in Ireland expanded 7.40 percent in the first quarter of 2025 over the previous quarter. This dataset provides - Ireland GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

In 2024, the growth of the real gross domestic product (GDP) in Ireland stood at about 1.22 percent. Between 1980 and 2024, the figure dropped by approximately 1.68 percentage points, though the decline followed an uneven course rather than a steady trajectory. From 2024 to 2030, the growth will rise by around 1.04 percentage points, showing an overall upward trend with periodic ups and downs.This indicator describes the annual change in the gross domestic product at constant prices, expressed in national currency units. Here the gross domestic product represents the total value of the final goods and services produced during a year.

The Gross Domestic Product (GDP) in Ireland expanded 20 percent in the first quarter of 2025 over the same quarter of the previous year. This dataset provides - Ireland GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

In the first quarter of 2025, gross domestic product in the Republic of Ireland grew by 9.7 percent when compared with the previous quarter. Between 2022 and 2024, GDP grew fastest in the fourth quarter of 2025 at five percent, and declined the most in the first quarter of 2023, at -6.6 percent.

Key information about Ireland Real GDP Growth

• The Gross Domestic Product (GDP) in Ireland contracted 0.3 % YoY in Mar 2023, following a growth of 12.8 % in the previous quarter.
• Real GDP Growth YoY data in Ireland is updated quarterly, available from Mar 1996 to Mar 2023, with an average rate of 6.2 %.
• The data reached an all-time high of 26.6 % in Mar 2015 and a record low of -9.6 % in Dec 2008.

• In the latest reports, Nominal GDP of Ireland reached 132.9 USD bn in Mar 2023.
• Its GDP deflator (implicit price deflator) increased 5.0 % in Mar 2023.
• GDP Per Capita in Ireland reached 100,604.6 USD in Dec 2021.
• Its Gross Savings Rate was measured at 65.0 % in Mar 2023.
• For Nominal GDP contributions, Investment accounted for 22.8 % in Mar 2023.
• Public Consumption accounted for 9.6 % in Mar 2023.
• Private Consumption accounted for 25.4 % in Mar 2023.

Ireland gdp growth rate for 2023 was -3.20%, a 12.63% decline from 2022.

<ul style='margin-top:20px;'>

<li>Ireland gdp growth rate for 2022 was <strong>9.43%</strong>, a <strong>5.69% decline</strong> from 2021.</li>
<li>Ireland gdp growth rate for 2021 was <strong>15.13%</strong>, a <strong>8.51% increase</strong> from 2020.</li>
<li>Ireland gdp growth rate for 2020 was <strong>6.62%</strong>, a <strong>1.32% increase</strong> from 2019.</li>
</ul>Annual percentage growth rate of GDP at market prices based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources.

In 2023, the gross domestic product of Northern Ireland grew by *** percent, compared with ***** percent in 2022.

Ireland: Economic growth forecast: The latest value from 2030 is 2.26 percent, an increase from 2.15 percent in 2029. In comparison, the world average is 3.25 percent, based on data from 182 countries. Historically, the average for Ireland from 1980 to 2030 is 4.6 percent. The minimum value, -5.53 percent, was reached in 2023 while the maximum of 24.62 percent was recorded in 2015.

The Gross Domestic Product (GDP) in Ireland was worth 577.39 billion US dollars in 2024, according to official data from the World Bank. The GDP value of Ireland represents 0.54 percent of the world economy. This dataset provides the latest reported value for - Ireland GDP - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The gross domestic product (GDP) in current prices in Ireland was about 577.22 billion U.S. dollars in 2024. Between 1980 and 2024, the GDP rose by approximately 555.79 billion U.S. dollars, though the increase followed an uneven trajectory rather than a consistent upward trend. The GDP will steadily rise by around 156.96 billion U.S. dollars over the period from 2024 to 2030, reflecting a clear upward trend.This indicator describes the gross domestic product at current prices. The values are based upon the GDP in national currency converted to U.S. dollars using market exchange rates (yearly average). The GDP represents the total value of final goods and services produced during a year.

Ireland IE: GDP: Growth: GNI per Capita data was reported at 15.405 % in 2015. This records an increase from the previous number of 8.118 % for 2014. Ireland IE: GDP: Growth: GNI per Capita data is updated yearly, averaging 4.401 % from Dec 1996 (Median) to 2015, with 20 observations. The data reached an all-time high of 15.405 % in 2015 and a record low of -8.945 % in 2009. Ireland IE: GDP: Growth: GNI per Capita data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Ireland – Table IE.World Bank: Gross Domestic Product: Annual Growth Rate. Annual percentage growth rate of GNI per capita based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. GNI per capita is gross national income divided by midyear population. GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted Average;

As of 2025, there were approximately 787 large enterprises, that employed 250 or more people, operating in the non-financial business economy of the Republic of Ireland, compared to 467 large enterprises in 2008.

Full Year GDP Growth in Ireland increased to 1.20 percent in 2024 from -5.50 percent in 2023. This dataset includes a chart with historical data for Ireland Full Year GDP Growth.

Ireland IE: GDP: Growth data was reported at 7.802 % in 2017. This records an increase from the previous number of 5.141 % for 2016. Ireland IE: GDP: Growth data is updated yearly, averaging 5.141 % from Dec 1971 (Median) to 2017, with 47 observations. The data reached an all-time high of 25.557 % in 2015 and a record low of -4.627 % in 2009. Ireland IE: GDP: Growth data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Ireland – Table IE.World Bank.WDI: Gross Domestic Product: Annual Growth Rate. Annual percentage growth rate of GDP at market prices based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted average;

The latest data from show economic growth of 21.1 percent, which is an increase from the rate of growth of 9.5 percent in the previous quarter and
an increase compared to the growth rate of -4.1 percent in the same quarter last year. The economic growth time series for Ireland cover the period...

Ireland - Real GDP growth rate was 2.60% in December of 2024, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for Ireland - Real GDP growth rate - last updated from the EUROSTAT on July of 2025. Historically, Ireland - Real GDP growth rate reached a record high of 24.60% in December of 2015 and a record low of -2.50% in December of 2023.

Economic growth, quarterly in Ireland, March, 2025 The most recent value is 7.4 percent as of Q1 2025, an increase compared to the previous value of 4.5 percent. Historically, the average for Ireland from Q2 1995 to Q1 2025 is 1.52 percent. The minimum of -4.8 percent was recorded in Q4 2008, while the maximum of 22.8 percent was reached in Q1 2015. | TheGlobalEconomy.com

The Gross Domestic Product per capita in Ireland was last recorded at 91514.33 US dollars in 2024. The GDP per Capita in Ireland is equivalent to 725 percent of the world's average. This dataset provides the latest reported value for - Ireland GDP per capita - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Ireland IE: GDP: Growth: Gross Value Added: Industry: Manufacturing data was reported at 9.238 % in 2017. This records an increase from the previous number of 2.709 % for 2016. Ireland IE: GDP: Growth: Gross Value Added: Industry: Manufacturing data is updated yearly, averaging 6.233 % from Dec 1996 (Median) to 2017, with 22 observations. The data reached an all-time high of 93.866 % in 2015 and a record low of -8.649 % in 2008. Ireland IE: GDP: Growth: Gross Value Added: Industry: Manufacturing data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Ireland – Table IE.World Bank: Gross Domestic Product: Annual Growth Rate. Annual growth rate for manufacturing value added based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. Manufacturing refers to industries belonging to ISIC divisions 15-37. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted Average; Note: Data for OECD countries are based on ISIC, revision 4.

For most of the 20th century, Ireland stood out as one of the poorest countries in Western Europe, not experience the same post-war boom in prosperity that was felt by virtually all other countries in the region. At the onset of the 1973-1975 Recession, Ireland's GDP per capita was less than 60 percent of GDP per capita in the European Union and less than a quarter of GDP per capita in the U.S. Catching up in the 1980s By the 1980s, a wave of foreign investment saw Ireland's export sector grow exponentially, and between 1975 and 1990, Ireland had the second-fastest growth of exports in the world (behind Japan). Additionally, as Ireland joined the European Communities in 1973, it became more integrated into the European economy; before 1973, around three-quarters of Ireland's exports went to the United Kingdom, but this fell to one-third by the 1990s. Ireland's period of industrialization was relatively short in comparison to its neighbors, as it transitioned from an agriculture-based economy to a producer of high-tech products and services. Ireland's low tax rate and other incentives also attracted many American tech companies in the 1980s, such as Apple, Intel, and Microsoft, who were keen on establishing a presence in the European Union. The Celtic Tiger Named after the Four Asian Tigers (Hong Kong, Singapore, South Korea, and Taiwan), which experienced rapid economic growth in the 1970s and 1980s, the period of prosperity between the 1990s and 2000s in Ireland has been dubbed the "Celtic Tiger." Over this time, Ireland's GDP per capita grew to exceed the average in the EU by 10 percent in 2000, and it would eventually surpass that of the U.S. in 2003. Ireland was severely impacted by the financial crisis of 2008 due to the instability of its property sector and extensive lending by banks, and it was the first European economy to go into recession. By the late 2010s, most sectors of the economy had returned to pre-recession levels, and today, Ireland's GDP per capita remains among the top in the world, second in the EU only to Luxembourg.