Markets Actual Q3 Q4 Q1 Q2 2020
Currency 1.11 1.1 1.1 1.09 1.09 1.08
Stock Market (points) 5749.46 5742 5668 5596 5524 5384
Government Bond 10Y (%) -0.04 0.11 0.12 0.13 0.14 0.17
Overview Actual Q3 Q4 Q1 Q2 2020
GDP Growth Rate (%) 2.40 1.5 1.6 0.3 0.4 0.5
GDP Annual Growth Rate (%) 6.30 3.5 5 4.9 4.3 1.6
Unemployment Rate (%) 4.60 4.4 4.4 5.1 4.6 4.6
Inflation Rate (%) 0.50 0.7 1 1.2 1.2 1.5
Inflation Rate Mom (%) -0.20 -0.3 0.5 0.4 0.5 0.6
Interest Rate (%) 0.00 0 0 0 0 0
Balance of Trade (EUR Thousand) 4653000.00 5200000 3600000 5900000 5900000 3000000
Current Account (EUR Million) 10990.00 12500 4750 4440 10100 3560
Current Account to GDP (%) 9.10 9 9 8.5 8.5 8.5
Government Debt to GDP (%) 64.80 61.5 61.5 55.9 55.9 55.9
Government Budget (% of GDP) 0.00 0.1 0.1 0.2 0.2 0.2
Business Confidence (%) -4.00 -16 -14 -12 -10 -6
Services PMI (Index Points) 55.00 56.3 55.8 56.2 56.5 56
Manufacturing PMI 48.70 52.5 53.6 53 53.7 54.5
Consumer Confidence (Index Points) 85.50 84 87 88 89 97
Retail Sales MoM (%) 1.20 -0.4 0.4 -0.4 0.6 0.5
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 2020
GDP Growth Rate (%) 2.40 1.5 1.6 0.3 0.4 0.5
GDP Annual Growth Rate (%) 6.30 3.5 5 4.9 4.3 1.6
GDP (USD Billion) 375.90 381 381 381 404 404
GDP Constant Prices (EUR Million) 83580.00 84185 85675 87675 87174 87046
Gross National Product (EUR Million) 62561.00 64605 64358 64172 64900 66739
Gross Fixed Capital Formation (EUR Million) 16417.00 19331 22701 22636 22876 23541
GDP per capita (USD) 78764.60 79500 79500 81000 81000 81000
GDP per capita PPP (USD) 70361.05 72000 72000 73500 73500 73500
GDP From Agriculture (EUR Million) 828.00 745 828 869 864 842
GDP From Construction (EUR Million) 2212.00 2207 2200 2320 2307 2235
GDP From Manufacturing (EUR Million) 26988.00 28733 28229 28310 28148 28681
GDP From Public Administration (EUR Million) 7811.00 8092 8256 8194 8147 8388
GDP From Transport (EUR Million) 9259.00 9613 9727 9713 9657 9883
Labour Actual Q3 Q4 Q1 Q2 2020
Unemployment Rate (%) 4.60 4.4 4.4 5.1 4.6 4.6
Labor Force Participation Rate (%) 62.50 63.6 64 64 64.2 64.5
Youth Unemployment Rate (%) 10.30 11.7 11.5 11.5 10.5 12.7
Labour Costs (Index Points) 80.20 74.7 76.57 76.28 76.28 78.64
Wages in Manufacturing (EUR/Week) 910.39 886 905 902 936 930
Minimum Wages (EUR/Hour) 9.80 9.8 9.8 10.2 10.2 10.2
Population (Million) 4.84 4.9 4.9 4.96 4.96 4.96
Initial Jobless Claims (Persons) 45185.00 32600 30800 32800 31500 30200
Wages (EUR/Week) 769.98 769 786 783 792 807
Average Hourly Earnings (EUR) 23.93 24.4 25.1 25.5 26 26.6
Employment Rate (%) 69.30 69.1 69 69 68.8 68.6
Prices Actual Q3 Q4 Q1 Q2 2020
Inflation Rate (%) 0.50 0.7 1 1.2 1.2 1.5
Inflation Rate Mom (%) -0.20 -0.3 0.5 0.4 0.5 0.6
Consumer Price Index CPI (Index Points) 102.30 102 102 103 104 104
Core Consumer Prices (Index Points) 102.00 102 102 103 103 103
Core Inflation Rate (%) 0.60 0.9 1 1 1.2 1.5
Producer Prices (Index Points) 94.10 96.88 95.61 94.7 94.7 97.24
Producer Prices Change (%) -5.90 -0.3 0.5 1 1.5 1.5
CPI Housing Utilities (Index Points) 110.80 109 109 111 112 111
CPI Transportation (Index Points) 105.80 104 103 105 106 104
Food Inflation (%) -0.50 0.1 0.5 0.5 1 1.5
Money Actual Q3 Q4 Q1 Q2 2020
Interest Rate (%) 0.00 0 0 0 0 0
Interbank Rate (%) -0.38 -0.35 -0.35 -0.35 -0.35 -0.35
Loans to Private Sector (EUR Million) 41087.00 41610 55100 42929 42194 65600
Private Debt to GDP (%) 382.27 365 365 341 341 341
Trade Actual Q3 Q4 Q1 Q2 2020
Balance of Trade (EUR Thousand) 4653000.00 5200000 3600000 5900000 5900000 3000000
Current Account (EUR Million) 10990.00 12500 4750 4440 10100 3560
Current Account to GDP (%) 9.10 9 9 8.5 8.5 8.5
Imports (EUR Thousand) 7450500.00 6700000 7900000 7900000 8100000 8900000
Exports (EUR Thousand) 12103500.00 11900000 11500000 13800000 13200000 11900000
External Debt (EUR Million) 2328683.00 2610000 2620000 2448584 2446252 2740000
Tourist Arrivals (Thousand) 3021.80 3020 3280 3280 3300 3600
Gold Reserves (Tonnes) 6.00 6 6 6 6 6
Foreign Direct Investment (EUR Million) 5281.00 4400 5200 8500 16000 4500
Government Actual Q3 Q4 Q1 Q2 2020
Government Debt to GDP (%) 64.80 61.5 61.5 55.9 55.9 55.9
Government Budget (% of GDP) 0.00 0.1 0.1 0.2 0.2 0.2
Government Spending (EUR Million) 7845.00 7827 8138 8114 8200 8439
Government Spending to GDP (%) 25.70 26 26 26.5 26.5 26.5
Taxes Actual Q3 Q4 Q1 Q2 2020
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
Social Security Rate (%) 14.95 14.75 14.75 14.75 14.95 14.75
Social Security Rate For Companies (%) 10.95 10.75 10.75 10.75 10.95 10.75
Social Security Rate For Employees (%) 4.00 4 4 4 4 4
Business Actual Q3 Q4 Q1 Q2 2020
Business Confidence (%) -4.00 -16 -14 -12 -10 -6
Services PMI (Index Points) 55.00 56.3 55.8 56.2 56.5 56
Manufacturing PMI 48.70 52.5 53.6 53 53.7 54.5
Industrial Production (%) -1.70 -2 9.5 -6.4 2.5 4.5
Industrial Production Mom (%) -8.80 2.5 -6.2 1.9 -2.6 -2.4
Manufacturing Production (%) -2.10 -2.2 9.9 -7.2 3.2 4.7
Car Registrations 18741.00 5500 800 15000 5000 950
Consumer Actual Q3 Q4 Q1 Q2 2020
Consumer Confidence (Index Points) 85.50 84 87 88 89 97
Retail Sales MoM (%) 1.20 -0.4 0.4 -0.4 0.6 0.5
Retail Sales YoY (%) 0.10 3.4 3.2 3.6 3.1 2.9
Consumer Spending (EUR Million) 26782.00 26053 26716 26639 26922 27705
Disposable Personal Income (EUR Million) 251186.00 237673 242567 241867 244431 251541
Personal Savings (%) 11.40 12.5 12.6 12.7 12.7 13
Bank Lending Rate (%) 1.00 1 1 1 1 1
Consumer Credit (EUR Million) 13514.00 13228 13867 13887 13977 14380
Gasoline Prices (USD/Liter) 1.55 1.51 1.47 1.43 1.39 1.4
Households Debt To GDP (% of GDP) 43.20 42.5 42.5 42.5 41.5 41.5
Households Debt To Income (%) 133.22 134 134 125 125 125
Housing Actual Q3 Q4 Q1 Q2 2020
Housing Index (Index Points) 107.40 114 117 117 120 125
New Home Sales (Units) 608.00 680 750 650 770 800
Building Permits 1823.00 1750 1850 1750 1730 2000
Construction Output (%) 5.90 10.5 4.5 5.1 8.3 4
Construction Pmi 51.40 54.5 54.2 53.5 53 52.9
Existing Home Sales (Units) 2783.00 3220 3510 3510 3510 3580


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.