Markets Actual Q3 Q4 Q1 Q2 2021
Currency 1.18 1.17 1.16 1.16 1.16 1.15
Stock Market (points) 6487.25 6269 6110 5953 5802 5498
Government Bond 10Y (%) -0.11 0.01 0.03 0.04 0.06 0.09

Overview Actual Q3 Q4 Q1 Q2 2021
GDP Growth Rate (%) 1.20 4.7 2 2.6 1.8 1.5
GDP Annual Growth Rate (%) 5.10 -10.8 -7.6 -3.5 10.5 9.8
Unemployment Rate (%) 5.00 7.5 7.6 7.3 7.1 6.8
Inflation Rate (%) -0.40 -1 -0.1 0.2 1.2 1.1
Inflation Rate Mom (%) 0.30 -0.2 0.4 0.3 0.5 0.3
Interest Rate (%) 0.00 0 0 0 0 0
Balance of Trade (EUR Thousand) 7110900.00 3800000 3000000 8500000 4000000 3000000
Current Account (EUR Million) -14557.00 12300 3560 4500 6800 2960
Current Account to GDP (%) -9.40 4 4 3.2 3.2 3.2
Government Debt to GDP (%) 58.80 68 68 67.8 67.8 67.8
Government Budget (% of GDP) 0.40 -7.4 -7.4 -3.2 -3.2 -3.2
Business Confidence (points) 13.00 -36 -30 -28 -24 -12
Manufacturing PMI (points) 57.30 52 50.4 51.1 52.6 52.7
Services PMI (points) 51.90 49 50 51 53.6 52
Consumer Confidence (points) 62.60 55 58 62 65 67
Retail Sales MoM (%) 38.40 -0.1 -1 0.6 0.3 0.7
Corporate Tax Rate (%) 12.50 12.5 12.5 12.5 12.5 12.5
Personal Income Tax Rate (%) 48.00 48 48 48 48 48

GDP Actual Q3 Q4 Q1 Q2 2021
GDP Growth Rate (%) 1.20 4.7 2 2.6 1.8 1.5
GDP Annual Growth Rate (%) 5.10 -10.8 -7.6 -3.5 10.5 9.8
GDP (USD Billion) 388.70 340 340 370 370 370
GDP Constant Prices (EUR Million) 88642.00 82501 80910 85540 97949 88839
Gross National Product (EUR Million) 68442.00 63000 66739 65600 75100 68875
Gross Fixed Capital Formation (EUR Million) 71193.00 28385 48717 68701 78668 53491
GDP per capita (USD) 79703.40 77000 77000 78500 78500 78500
GDP per capita PPP (USD) 86781.40 84500 84500 85400 85400 85400
GDP From Agriculture (EUR Million) 931.00 850 971 898 1029 1066
GDP From Construction (EUR Million) 2156.00 2063 2024 2081 2382 2222
GDP From Manufacturing (EUR Million) 32572.00 29386 27550 31432 35992 30250
GDP From Public Administration (EUR Million) 8632.00 8094 7969 8330 9538 8749
GDP From Transport (EUR Million) 9010.00 8763 8581 8695 9956 9422

Labour Actual Q3 Q4 Q1 Q2 2021
Unemployment Rate (%) 5.00 7.5 7.6 7.3 7.1 6.8
Labor Force Participation Rate (%) 62.70 61.1 61.5 61.9 62.2 62.6
Youth Unemployment Rate (%) 16.00 12.8 12.8 12.5 12.3 12.1
Labour Costs (points) 101.40 93.56 96.33 103 104 98.74
Wages in Manufacturing (EUR/Week) 950.34 853 891 965 975 914
Minimum Wages (EUR/Hour) 10.10 10.1 10.1 10.7 10.7 10.7
Population (Million) 4.90 4.96 4.96 5.02 5.02 5.02
Retirement Age Women 66.00 66 66 66 66 66
Retirement Age Men 66.00 66 66 66 66 66
Initial Jobless Claims (Persons) 70822.00 59000 60000 58000 54000 45000
Wage Growth (%) 3.90 -1 -1.2 1.5 2.6 2.5
Wages (EUR/Week) 801.83 761 777 814 823 796
Employment Change (%) 0.30 0.6 -1 0.3 0.2 0.2
Employment Rate (%) 69.80 64.2 65 65.1 66 67

Prices Actual Q3 Q4 Q1 Q2 2021
Inflation Rate (%) -0.40 -1 -0.1 0.2 1.2 1.1
Inflation Rate Mom (%) 0.30 -0.2 0.4 0.3 0.5 0.3
Consumer Price Index CPI (points) 102.10 102 102 103 103 103
Harmonised Consumer Prices (points) 101.50 0.3 104 104 104 106
Core Consumer Prices (points) 102.50 103 102 104 104 104
Core Inflation Rate (%) 0.40 0.5 0.4 1 1.4 1.5
GDP Deflator (points) 105.41 102 104 106 107 105
Producer Prices (points) 87.00 91.2 97.24 90.78 88.98 98.89
Producer Prices Change (%) -8.20 -3.8 -1.6 0.2 1 1.4
CPI Housing Utilities (points) 108.00 111 112 111 109 113
CPI Transportation (points) 103.20 102 104 106 104 105
Food Inflation (%) -1.50 -1.2 -0.1 0.5 1.4 1.5

Money Actual Q3 Q4 Q1 Q2 2021
Interest Rate (%) 0.00 0 0 0 0 0
Interbank Rate (%) -0.46 -0.42 -0.42 -0.42 -0.42 -0.42
Loans to Private Sector (EUR Million) 38900.00 46200 51900 49800 47600 54600
Private Debt to GDP (%) 374.10 390 390 387 387 387

Trade Actual Q3 Q4 Q1 Q2 2021
Balance of Trade (EUR Thousand) 7110900.00 3800000 3000000 8500000 4000000 3000000
Current Account (EUR Million) -14557.00 12300 3560 4500 6800 2960
Current Account to GDP (%) -9.40 4 4 3.2 3.2 3.2
Imports (EUR Thousand) 5857100.00 6800000 6500000 6600000 7900000 8800000
Exports (EUR Thousand) 12968100.00 10600000 10100000 15100000 11900000 11900000
Tourist Arrivals (Thousand) 2424.60 1270 1500 1650 2600 2750
Gold Reserves (Tonnes) 6.00 6 6 6 6 6
Foreign Direct Investment (EUR Million) 4076.00 -6200 -2300 1590 4500 6900

Government Actual Q3 Q4 Q1 Q2 2021
Government Debt to GDP (%) 58.80 68 68 67.8 67.8 67.8
Government Budget (% of GDP) 0.40 -7.4 -7.4 -3.2 -3.2 -3.2
Government Budget Value (EUR Million) -2324.00 -7400 -6950 -5470 690 -2400
Government Spending (EUR Million) 8634.00 8153 7939 8332 9541 8717
Government Spending to GDP (%) 24.80 32 32 28 28 28
Government Revenues (EUR Million) 13994.00 12800 17450 12980 16290 18800
Fiscal Expenditure (EUR Million) 16529.00 20200 24400 18450 15600 21200

Taxes Actual Q3 Q4 Q1 Q2 2021
Corporate Tax Rate (%) 12.50 12.5 12.5 12.5 12.5 12.5
Personal Income Tax Rate (%) 48.00 48 48 48 48 48
Sales Tax Rate (%) 23.00 23 23 23 23 23
Social Security Rate (%) 15.05 15.05 15.05 15.05 15.05 15.05
Social Security Rate For Companies (%) 11.05 11.05 11.05 11.05 11.05 11.05
Social Security Rate For Employees (%) 4.00 4 4 4 4 4

Business Actual Q3 Q4 Q1 Q2 2021
Business Confidence (points) 13.00 -36 -30 -28 -24 -12
Manufacturing PMI (points) 57.30 52 50.4 51.1 52.6 52.7
Services PMI (points) 51.90 49 50 51 53.6 52
Industrial Production (%) 5.10 -7.3 -2.3 -11.7 8.6 4.6
Industrial Production Mom (%) -9.80 2.8 -2.4 1.5 -1.3 1
Manufacturing Production (%) -11.60 -7.6 -2.3 -12 8.5 4.5
Car Registrations 2189.00 2600 650 8600 2980 780

Consumer Actual Q3 Q4 Q1 Q2 2021
Consumer Confidence (points) 62.60 55 58 62 65 67
Retail Sales MoM (%) 38.40 -0.1 -1 0.6 0.3 0.7
Retail Sales YoY (%) 3.50 -9.2 -3.8 7.5 17.6 4.7
Consumer Spending (EUR Million) 26360.00 25852 25144 25437 29128 27608
Disposable Personal Income (EUR Million) 266155.00 237622 232096 242394 277561 254841
Personal Savings (%) 16.40 16.5 13.4 11.8 12 11.1
Bank Lending Rate (%) 1.10 1.1 1.1 1.1 1.1 1.1
Households Debt To GDP (% of GDP) 38.50 48 48 45 45 45
Households Debt To Income (%) 120.66 129 129 126 126 126
Consumer Credit (EUR Million) 12169.00 13116 12803 12118 13405 14058
Gasoline Prices (USD/Liter) 1.49 1.29 1.23 1.17 1.11 1.05

Housing Actual Q3 Q4 Q1 Q2 2021
Housing Index (points) 134.10 127 125 129 130 132
New Home Sales (Units) 236.00 320 650 580 610 740
Home Ownership Rate (%) 70.30 70 70 68.7 68.7 68.7
Building Permits 1737.00 1200 980 1500 1680 1480
Construction Output (%) 14.90 -7.3 -3.8 -12 18.9 5.2
Construction Pmi (points) 53.20 51.5 50.2 52 51 53.4
Existing Home Sales (Units) 1701.00 1870 2200 2680 2500 2970


This page has economic forecasts for Ireland including a long-term outlook for the next decades, plus medium-term expectations for the next four quarters and short-term market predictions for the next release affecting the Ireland economy.