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Ireland GDP Growth Rate

Last Release
Sep 2021
Actual
0.9 %
Forecast
N/A
Previous
5.2 %
Frequency
Quarterly
Units In
%
Next Release
Mar 4, 2022
Time to Release
1 Months 6 Days 0 Hours
Highest
Lowest
Average
Date Range
Source
23.2 %
Mar 2015
-5.9 %
Mar 2017
1.48 %1995 - 2021Central Statistics Office Ireland
Irish economy is based on foreign trade, industry and investment. The country is major high-tech manufacturer and is one of the world’s biggest exporters of pharmaceuticals and software. On the expenditure side, household consumption is the main component of GDP and accounts for 44 percent, followed by gross fixed capital formation (19 percent) and government expenditure (17 percent). Net exports adds 19 percent to total GDP as exports account for 114 percent while imports for 95 percent.

Latest Updates

Ireland’s gross domestic product expanded 0.9 percent on quarter in the three months to September of 2021, easing from a downwardly revised 5.2 percent expansion in Q2. Household consumption edged up 0.5 percent, slowing sharply from a 14.5 percent surge in the previous period and gross domestic fixed capital declined 3.8 percent, after a 4.8 percent rise while government expenditure rose further (0.8 percent vs 0.5 percent). Also, net foreign demand contributed negatively to growth, as imports jumped 4.5 percent while exports increased at a softer 1.3 percent. On a yearly basis, the economy expanded 11.4 percent, following a 21.1 percent gain in Q2.

Ireland GDP Growth Rate History

Last 12 readings

Latest Releases and Calendar Events

DATETIMETITLE
Dec 3, 202111:24Irish GDP Growth Slows Sharply in Q3
Sep 2, 202110:26Irish GDP Growth Slows to 6.3% in Q2
Dec 13, 201911:35Irish Economy Returns to Growth in Q3
Sep 13, 201910:19Irish GDP Growth Rate Eases in Q2
Jul 11, 201911:14Irish GDP Grows the Most in a Year

Ireland gdp Indicators

All Ireland indicators
Indicator
Last
Previous
Min
Max
Unit
Frequency
Range
GDP
425.89
Dec 2020
399.12
Dec 2019
1.94
Dec 1960
425.89
Dec 2020
USD BillionYearly1960 - 2020
GDP Annual Growth Rate
11.4
Sep 2021
21.1
Jun 2021
-10.4
Dec 2008
29.2
Mar 2015
%Quarterly1996 - 2021
Gdp Constant Prices
110,258
Sep 2021
109,378
Jun 2021
22,399
Mar 1995
110,258
Sep 2021
EUR MillionQuarterly1995 - 2021
GDP From Agriculture
936
Sep 2021
736
Jun 2021
371
Dec 2012
973
Dec 2019
EUR MillionQuarterly1995 - 2021
GDP From Construction
1,844
Sep 2021
1,795
Jun 2021
1,114
Dec 1995
2,898
Mar 2007
EUR MillionQuarterly1995 - 2021
GDP From Manufacturing
48,707
Sep 2021
44,399
Jun 2021
5,165
Sep 1995
48,707
Sep 2021
EUR MillionQuarterly1995 - 2021

GDP Growth Rate across Europe

GDP Growth Rate global view
Country
Last
Previous
Min
Max
Unit
Frequency
Range
Albania
0.73
Sep 2021
2.11
Jun 2021
-8.8
Jun 2020
9.8
Sep 2020
%Quarterly2005 - 2021
Austria
3.8
Sep 2021
4.2
Jun 2021
-11.6
Jun 2020
12
Sep 2020
%Quarterly1996 - 2021
Belgium
2
Sep 2021
1.7
Jun 2021
-11.8
Jun 2020
15.8
Mar 1995
%Quarterly1980 - 2021
Bosnia and Herzegovina
1.7
Sep 2021
1.9
Jun 2021
-10.5
Jun 2020
6
Dec 2010
%Quarterly2009 - 2021
Czech Republic
1.5
Sep 2021
1
Jun 2021
-8.7
Jun 2020
7.1
Sep 2020
%Quarterly1995 - 2021
Denmark
1.1
Sep 2021
2.1
Jun 2021
-7.1
Jun 2020
5.2
Sep 2020
%Quarterly1991 - 2021

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