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 Ireland contracted 1 percent in the second 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.

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: Current account balance as percent of GDP: The latest value from 2023 is 9.9 percent, a decline from 10.8 percent in 2022. In comparison, the world average is -1.56 percent, based on data from 133 countries. Historically, the average for Ireland from 1980 to 2023 is -1.12 percent. The minimum value, -19.9 percent, was reached in 2019 while the maximum of 13.7 percent was recorded in 2021.

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.

Ireland: GDP per capita, current U.S. dollars: The latest value from 2023 is 103887.8 U.S. dollars, a decline from 106194.76 U.S. dollars in 2022. In comparison, the world average is 19958.31 U.S. dollars, based on data from 185 countries. Historically, the average for Ireland from 1960 to 2023 is 27934.95 U.S. dollars. The minimum value, 706.55 U.S. dollars, was reached in 1960 while the maximum of 106194.76 U.S. dollars was recorded in 2022.

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.

Ireland Current Economic Conditions Index data was reported at 110.302 4Q1995=100 in Oct 2018. This records a decrease from the previous number of 115.378 4Q1995=100 for Sep 2018. Ireland Current Economic Conditions Index data is updated monthly, averaging 103.310 4Q1995=100 from Feb 1996 (Median) to Oct 2018, with 273 observations. The data reached an all-time high of 129.607 4Q1995=100 in Jan 2018 and a record low of 63.831 4Q1995=100 in Jul 2008. Ireland Current Economic Conditions Index data remains active status in CEIC and is reported by The Economic and Social Research Institute. The data is categorized under Global Database’s Ireland – Table IE.H015: Consumer Sentiment Indicator.

Ireland recorded a Current Account surplus of 17.20 percent of the country's Gross Domestic Product in 2024. This dataset provides - Ireland Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Gross Domestic Product (GDP) in Ireland expanded 12.50 percent in the second 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.

Ireland IE: GDP: Net Current Transfers from Abroad data was reported at 122,563.000 EUR mn in 2018. This records an increase from the previous number of 116,875.000 EUR mn for 2017. Ireland IE: GDP: Net Current Transfers from Abroad data is updated yearly, averaging 95,664.000 EUR mn from Dec 1995 (Median) to 2018, with 24 observations. The data reached an all-time high of 122,563.000 EUR mn in 2018 and a record low of 30,664.000 EUR mn in 1995. Ireland IE: GDP: Net Current Transfers from Abroad data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s Ireland – Table IE.IMF.IFS: Gross Domestic Product: by Expenditure: Annual.

Ireland IE: GDP: USD: Net Current Transfer from Abroad data was reported at -3.468 USD bn in 2015. This records an increase from the previous number of -3.622 USD bn for 2014. Ireland IE: GDP: USD: Net Current Transfer from Abroad data is updated yearly, averaging -386.015 USD mn from Dec 1960 (Median) to 2015, with 31 observations. The data reached an all-time high of 484.016 USD mn in 1995 and a record low of -4.074 USD bn in 2009. Ireland IE: GDP: USD: Net Current Transfer from Abroad 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: Nominal. Current transfers comprise transfers of income between residents of the reporting country and the rest of the world that carry no provisions for repayment. Net current transfers from abroad is equal to the unrequited transfers of income from nonresidents to residents minus the unrequited transfers from residents to nonresidents. Data are in current U.S. dollars.; ; World Bank national accounts data, and OECD National Accounts data files.; ;

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: Net Current Transfer from Abroad data was reported at -3,126.879 EUR mn in 2015. This records a decrease from the previous number of -2,730.345 EUR mn for 2014. Ireland IE: GDP: Net Current Transfer from Abroad data is updated yearly, averaging -418.981 EUR mn from Dec 1960 (Median) to 2015, with 31 observations. The data reached an all-time high of 383.341 EUR mn in 1995 and a record low of -3,126.879 EUR mn in 2015. Ireland IE: GDP: Net Current Transfer from Abroad 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: Nominal. Current transfers comprise transfers of income between residents of the reporting country and the rest of the world that carry no provisions for repayment. Net current transfers from abroad is equal to the unrequited transfers of income from nonresidents to residents minus the unrequited transfers from residents to nonresidents. Data are in current local currency.; ; World Bank national accounts data, and OECD National Accounts data files.; ;

Graph and download economic data for National Accounts: GDP by Expenditure: Current Prices: Government Final Consumption Expenditure for Ireland (IRLGFCEADSMEI) from 1995 to 2022 about Ireland, consumption expenditures, consumption, and government.

Graph and download economic data for National Accounts: GDP by Expenditure: Current Prices: Private Final Consumption Expenditure for Ireland (IRLPFCEQDSMEI) from Q1 1995 to Q3 2023 about Ireland, consumption expenditures, consumption, and private.

Ireland: GDP per capita, current Euro: The latest value from is Euro, unavailable from Euro in . In comparison, the world average is 0 Euro, based on data from countries. Historically, the average for Ireland from to is Euro. The minimum value, Euro, was reached in while the maximum of Euro was recorded in .

Key information about Ireland Current Account Balance

• Ireland Current Account recorded a surplus of 14.8 USD bn in Mar 2023, compared with a surplus of 16.1 USD bn in the previous quarter.
• Ireland Current Account Balance: USD mn data is updated quarterly, available from Mar 1981 to Mar 2023, with an averaged value of -128.9 USD mn.
• The data reached an all-time high of 26.7 USD bn in Sep 2021 and a record low of -65.1 USD bn in Dec 2019.
• CEIC converts quarterly Current Account Balance into USD. Central Statistics Office provides Current Account Balance in EUR. Federal Reserve Board average market exchange rate is used for currency conversions. Current Account Balance prior to Q1 2002 is sourced from the International Monetary Fund.
• Foreign Direct Investment (FDI) increased by 2.0 USD bn in Mar 2023.
• Ireland Direct Investment Abroad expanded by 10.5 USD bn in Mar 2023.
• Its Foreign Portfolio Investment increased by 15.8 USD bn in Mar 2023.
• The country's Nominal GDP was reported at 132.9 USD bn in Mar 2023.

Ireland IE: BOP: Current Account: Secondary Income: Net data was reported at -4.847 USD bn in 2017. This records a decrease from the previous number of -2.985 USD bn for 2016. Ireland IE: BOP: Current Account: Secondary Income: Net data is updated yearly, averaging -1.840 USD bn from Dec 2005 (Median) to 2017, with 13 observations. The data reached an all-time high of 284.066 USD mn in 2005 and a record low of -4.847 USD bn in 2017. Ireland IE: BOP: Current Account: Secondary Income: Net 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: Balance of Payments: Current Account. Secondary income refers to transfers recorded in the balance of payments whenever an economy provides or receives goods, services, income, or financial items without a quid pro quo. All transfers not considered to be capital are current. Data are in current U.S. dollars.; ; International Monetary Fund, Balance of Payments Statistics Yearbook and data files.; ; Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.

The inflation rate for the Republic of Ireland in July 2025 was *** percent, down from ****percent in the previous month. During the provided time period, inflation reached a peak of *** percent in October 2022 and was at its lowest in October 2020, when prices were falling by *** percent. In the most recent month, the sector that had the fastest rate of price rises was food, at **** percent, while prices were falling by *** percent for transportation. Inflation subsides but remains a key issue Like in many other economies, the global inflation crisis led to increased inflation in Ireland from 2021 to 2023, reaching a peak of *** percent in late 2022. As of October 2024, approximately ** percent of people in Ireland still saw inflation as one of the top two most important issues facing the country, down from ** percent in July 2022. Furthermore, inflation was second only to housing as a top issue in the country, ahead of health, immigration, and climate change. Another survey highlights the fact that despite inflation subsiding, people are still struggling with the cost of living. When asked how well they are coping financially, just ****** percent of respondents advised they were living comfortably, with ** percent just getting by and almost a quarter finding it quite or very difficult. Key economic indicators of Ireland Ireland's overall gross domestic product (GDP) in 2024 was estimated to be over ***** billion U.S. dollars, up from ***** billion dollars in 2023. Due to the presence of several multinational companies in the country, however, Ireland's GDP figure can be misleading. In 2022, for example, while overall GDP was ***** billion Euros, gross national income (GNI) was just ***** billion Euros, with modified GNI even lower at ***** billion Euros. Looking at Ireland's labor market, there were around **** million people employed in the country in 2024, while the unemployment rate has, as of early 2025, fluctuated between **** and *** percent since April 2022.