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.

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.

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;

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.

Ireland GDP: Deflator: sa: Gross Fixed Capital Formation data was reported at 120.509 2015=100 in 2024. This records an increase from the previous number of 115.839 2015=100 for 2023. Ireland GDP: Deflator: sa: Gross Fixed Capital Formation data is updated yearly, averaging 92.899 2015=100 from Dec 1997 (Median) to 2024, with 28 observations. The data reached an all-time high of 120.509 2015=100 in 2024 and a record low of 59.122 2015=100 in 1997. Ireland GDP: Deflator: sa: Gross Fixed Capital Formation data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Ireland – Table IE.OECD.MEI: Gross Domestic Product: GDP Deflator: Seasonally Adjusted: OECD Member: Annual.

GDP: Deflator: sa: Exports of Goods and Services data was reported at 113.467 2015=100 in Dec 2024. This records an increase from the previous number of 111.850 2015=100 for Sep 2024. GDP: Deflator: sa: Exports of Goods and Services data is updated quarterly, averaging 94.929 2015=100 from Mar 1997 (Median) to Dec 2024, with 112 observations. The data reached an all-time high of 113.467 2015=100 in Dec 2024 and a record low of 87.477 2015=100 in Dec 2003. GDP: Deflator: sa: Exports of Goods and Services data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Ireland – Table IE.OECD.MEI: Gross Domestic Product: GDP Deflator: Seasonally Adjusted: OECD Member: Quarterly.

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: 2015 Price: USD: Gross Value Added Per Worker: Industry data was reported at 0.370 USD mn in 2023. This records a decrease from the previous number of 0.468 USD mn for 2022. Ireland IE: GDP: 2015 Price: USD: Gross Value Added Per Worker: Industry data is updated yearly, averaging 0.160 USD mn from Dec 1995 (Median) to 2023, with 29 observations. The data reached an all-time high of 0.468 USD mn in 2022 and a record low of 0.077 USD mn in 1995. Ireland IE: GDP: 2015 Price: USD: Gross Value Added Per Worker: Industry 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: Real. Value added per worker is a measure of labor productivity—value added per unit of input. Value added denotes the net output of a sector after adding up all outputs and subtracting intermediate inputs. Data are in constant 2015 U.S. dollars. Industry corresponds to the International Standard Industrial Classification (ISIC) tabulation categories C-F (revision 3) or tabulation categories B-F (revision 4), and includes mining and quarrying (including oil production), manufacturing, construction, and public utilities (electricity, gas, and water).;Derived using World Bank national accounts data and OECD National Accounts data files, and employment data from International Labour Organization, ILOSTAT database.;Weighted average;

Graph and download economic data for Hourly Earnings: Earnings: Economic Activity: Manufacturing: Total Economy for Ireland (IRLHOUREAAISMEI) from 1955 to 2024 about Ireland, earnings, hours, and manufacturing.

Ireland GDP: Deflator: sa: Government Final Consumption Expenditure data was reported at 113.830 2015=100 in 2024. This records an increase from the previous number of 111.915 2015=100 for 2023. Ireland GDP: Deflator: sa: Government Final Consumption Expenditure data is updated yearly, averaging 92.256 2015=100 from Dec 1997 (Median) to 2024, with 28 observations. The data reached an all-time high of 113.830 2015=100 in 2024 and a record low of 53.424 2015=100 in 1997. Ireland GDP: Deflator: sa: Government Final Consumption Expenditure data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Ireland – Table IE.OECD.MEI: Gross Domestic Product: GDP Deflator: Seasonally Adjusted: OECD Member: Annual.

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

Graph and download economic data for National Accounts: GDP by Expenditure: Constant Prices: Exports of Goods and Services for Ireland (NAEXKP06IEQ661S) from Q1 1997 to Q3 2023 about Ireland, exports, goods, services, real, and GDP.

Graph and download economic data for National Accounts: GDP by Expenditure: Constant Prices: Gross Domestic Product: Total for Ireland (NAEXKP01IEA661S) from 1997 to 2022 about Ireland, real, and GDP.

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 - Direct investment in the reporting economy (flows) was 0.70 % of GDP in December of 2024, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for Ireland - Direct investment in the reporting economy (flows) - last updated from the EUROSTAT on July of 2025. Historically, Ireland - Direct investment in the reporting economy (flows) reached a record high of 75.40 % of GDP in December of 2015 and a record low of -25.50 % of GDP in December of 2023.

Graph and download economic data for Gross Domestic Product (Euro/ECU series) for Ireland (CPMEURSAB1GQIE) from Q1 1997 to Q4 2015 about Ireland and GDP.

Material recovery service providers have contended with numerous economic headwinds in recent years, ranging from subdued economic growth during the cost-of-living crisis and the high base rate environment as central banks aimed to curb spiralling inflation. Revenue is expected to grow at a compound annual rate of 4.1% over the five years through 2025 to €120.7 billion, including an estimated dip of 0.7% in 2025. Demand for material recovery services is highly contingent on downstream construction, mining and manufacturing sectors producing hefty waste. Since the end of the pandemic, high interest rates have ramped up the cost of borrowing while building material costs skyrocketed, putting off many developers from beginning projects and weighing on construction activity. Subdued economic growth has also hit the manufacturing sector, eroding demand for material recovery services. According to the European Commission, 527 kilograms (kg) of municipal waste per capita was generated in the EU in 2021, while 49% of municipal waste in the EU was recycled. This figure declined to 511kg of municipal waste per capita generated in 2023, with 48% of waste being recycled. The decrease in municipal waste per capita suggests a potential shift towards more sustainable consumption and production patterns. This can positively influence the quality of materials recovered, as higher-quality waste streams may become available for recycling. Decreased waste generation and stagnating recycling rates also signify reduced available materials for recovery, which has impacted revenue streams for companies reliant on high volumes. This stagnation might indicate challenges in public engagement and infrastructure that need addressing to prevent further declines. However, growing recycling rates in the coming years are set to maintain demand, supported by government initiatives like the European Green Deal, which includes the Circular Economy Action Plan. Revenue is expected to climb at a compound annual rate of 3.1% over the five years through 2030 to €140.9 billion. Economic conditions are set to improve in the short term as inflationary pressures subside, allowing central banks to adopt looser monetary policy and support GDP growth. This will drive downstream construction and manufacturing sector activity in the short term, lifting demand for material recovery services. The growing emphasis on sustainability will also persist in the coming years as countries across Europe strive for a circular economy, driving demand and supporting revenue growth.

Ireland recorded a Government Debt to GDP of 40.90 percent of the country's Gross Domestic Product in 2024. This dataset provides the latest reported value for - Ireland Government Debt to GDP - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Ireland IE: GDP: 2015 Price: USD: Gross Capital Formation data was reported at 120.058 USD bn in 2023. This records an increase from the previous number of 111.001 USD bn for 2022. Ireland IE: GDP: 2015 Price: USD: Gross Capital Formation data is updated yearly, averaging 23.915 USD bn from Dec 1970 (Median) to 2023, with 54 observations. The data reached an all-time high of 195.910 USD bn in 2019 and a record low of 8.736 USD bn in 1970. Ireland IE: GDP: 2015 Price: USD: Gross Capital Formation 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: Real. Gross capital formation (formerly gross domestic investment) consists of outlays on additions to the fixed assets of the economy plus net changes in the level of inventories. Fixed assets include land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. Inventories are stocks of goods held by firms to meet temporary or unexpected fluctuations in production or sales, and 'work in progress.' According to the 2008 SNA, net acquisitions of valuables are also considered capital formation. Data are in constant 2015 prices, expressed in U.S. dollars.;World Bank national accounts data, and OECD National Accounts data files.;Gap-filled total;

Ireland IE: GDP: % of GDP: Gross Value Added: Industry: Manufacturing data was reported at 32.139 % in 2016. This records a decrease from the previous number of 34.319 % for 2015. Ireland IE: GDP: % of GDP: Gross Value Added: Industry: Manufacturing data is updated yearly, averaging 20.895 % from Dec 1995 (Median) to 2016, with 22 observations. The data reached an all-time high of 34.319 % in 2015 and a record low of 17.503 % in 2008. Ireland IE: GDP: % of GDP: 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: Share of GDP. 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. Note: For VAB countries, gross value added at factor cost is used as the denominator.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted Average; Note: Data for OECD countries are based on ISIC, revision 4.