The Gross Domestic Product (GDP) in Ireland expanded 9.70 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 22.20 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.

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.

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.

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.

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;

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.

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 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 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;

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.

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.

Economic growth, quarterly in Ireland, March, 2025 The most recent value is 9.7 percent as of Q1 2025, an increase compared to the previous value of 5 percent. Historically, the average for Ireland from Q2 1995 to Q1 2025 is 1.47 percent. The minimum of -6.6 percent was recorded in Q1 2023, while the maximum of 20.6 percent was reached in Q1 2015. | TheGlobalEconomy.com

In 2023, the gross domestic product of Northern Ireland grew by 0.8 percent, compared with three percent in 2022.

Ireland IE: GDP: Growth: Gross Capital Formation data was reported at -21.579 % in 2017. This records a decrease from the previous number of 59.165 % for 2016. Ireland IE: GDP: Growth: Gross Capital Formation data is updated yearly, averaging 6.710 % from Dec 1971 (Median) to 2017, with 47 observations. The data reached an all-time high of 59.165 % in 2016 and a record low of -21.939 % in 1975. Ireland IE: GDP: Growth: 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: Gross Domestic Product: Annual Growth Rate. Annual growth rate of gross capital formation based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. 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 1993 SNA, net acquisitions of valuables are also considered capital formation.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted Average;

Historical chart and dataset showing Ireland economic growth by year from 1960 to 2018.

As of 2025, there were approximately 315,517 enterprises operating in the non-financial business economy of the Republic of Ireland, compared to 239,742 enterprises in 2008.

Full Year GDP Growth in Ireland increased to 0.30 percent in 2024 from -3.20 percent in 2023. This dataset includes a chart with historical data for Ireland Full Year GDP Growth.

Ireland - Real GDP growth rate was 1.20% 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 -5.50% in December of 2023.