Ireland GDP Annual Growth Rate

Ireland's gross domestic product rose by 9.0 percent year-on-year in the second quarter of 2018, following an upwardly revised 9.3 percent increase in the previous three-month period. GDP Annual Growth Rate in Ireland averaged 5.90 percent from 1996 until 2018, reaching an all time high of 29.30 percent in the first quarter of 2015 and a record low of -10.30 percent in the fourth quarter of 2008.

GDP Annual Growth Rate in Ireland is expected to be 1.20 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate GDP Annual Growth Rate in Ireland to stand at 3.80 in 12 months time. In the long-term, the Ireland GDP Annual Growth Rate is projected to trend around 2.90 percent in 2020, according to our econometric models.

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Calendar	GMT		Actual	Previous	Consensus	TEForecast
2017-12-15	11:00 AM	GDP Growth Rate YoY	10.5%	6.3%	5.8%	5.5%
2018-03-15	11:00 AM	GDP Growth Rate YoY	8.4%	10.9%		7.9%
2018-07-19	10:00 AM	GDP Growth Rate YoY	9.1%	6.5%		6.5%
2018-09-13	10:00 AM	GDP Growth Rate YoY	9%	9.3%		7.5%
2018-12-13	11:00 AM	GDP Growth Rate YoY		9%		5.1%
2019-03-15	11:00 AM	GDP Growth Rate YoY				1.20%
2019-07-19	10:00 AM	GDP Growth Rate YoY				3.20%

Ireland GDP	Last	Previous	Highest	Lowest	Unit
GDP Growth Rate	2.50	-0.40	22.60	-4.80	percent	[+]
GDP Annual Growth Rate	9.00	9.30	29.30	-10.30	percent	[+]
GDP	333.73	304.82	333.73	1.94	USD Billion	[+]
GDP Constant Prices	78200.00	76257.00	78200.00	21184.00	EUR Million	[+]
Gross National Product	59578.00	59193.00	62248.00	19915.00	EUR Million	[+]
Gross Fixed Capital Formation	15204.00	15420.00	28188.00	3972.00	EUR Million	[+]
GDP per capita	74433.46	69892.32	74433.46	12430.71	USD	[+]
GDP per capita PPP	67335.29	63227.21	67335.29	21453.24	USD	[+]
GDP From Agriculture	608.00	629.00	679.00	307.00	EUR Million	[+]
GDP From Construction	1957.00	1897.00	2608.00	1008.00	EUR Million	[+]
GDP From Manufacturing	24736.00	23488.00	25939.00	5062.00	EUR Million	[+]
GDP From Public Administration	7768.00	7852.00	7852.00	4047.00	EUR Million	[+]
GDP From Transport	8828.00	8496.00	8828.00	4675.00	EUR Million	[+]

Ireland GDP Annual Growth Rate

From 1995 to 2007, Irish economy was growing rapidly averaging 6 percent a year, benefiting from a rise in consumer spending, construction, and business investment. However in 2008, as a result of a crash in real estate market, economic activity dropped sharply and the country entered into a recession for the first time in more than a decade. After series of economic reforms aiming at reducing budget deficit and government debt, the GDP started to expand from Q3 of 2010 and after three quarters of contraction in 2012, it has gained the status of fastest growing economy in the Euro Area. . This page provides - Ireland GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Ireland GDP Annual Growth Rate - actual data, historical chart and calendar of releases - was last updated on December of 2018.

	Actual	Previous	Highest	Lowest	Dates	Unit	Frequency
	9.00	9.30	29.30	-10.30	1996 - 2018	percent	Quarterly	NSA

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Country	Last		Previous	Range
India	7.10	Sep/18	8.2	11.4 : -5.2	%
China	6.50	Sep/18	6.7	15.4 : 3.8	%
Indonesia	5.17	Sep/18	5.27	7.16 : 1.56	%
United States	3.00	Sep/18	2.9	13.4 : -3.9	%
Australia	2.80	Sep/18	3.1	9 : -3.4	%
Mexico	2.50	Sep/18	2.6	9 : -9.1	%
Spain	2.50	Sep/18	2.5	5.6 : -4.3	%
Netherlands	2.40	Sep/18	3.1	6.1 : -4.6	%
Switzerland	2.40	Sep/18	3.5	5.8 : -3.7	%
Singapore	2.20	Sep/18	4.1	19 : -8.8	%
South Korea	2.00	Sep/18	2.8	20.8 : -7.3	%
Canada	1.90	Jun/18	2.3	9.3 : -4.1	%
Saudi Arabia	1.61	Jun/18	1.15	24.2 : -20.7	%
Euro Area	1.60	Sep/18	2.2	5 : -5.5	%
Turkey	1.60	Sep/18	5.3	11.7 : -14.4	%
Russia	1.50	Sep/18	1.9	12.1 : -11.2	%
United Kingdom	1.50	Sep/18	1.2	9.7 : -6.1	%
France	1.40	Sep/18	1.6	12.6 : -3.8	%
Brazil	1.30	Sep/18	0.9	10.1 : -5.5	%
Germany	1.10	Sep/18	2	7.2 : -6.8	%
South Africa	1.10	Sep/18	0.4	7.1 : -2.6	%
Italy	0.70	Sep/18	1.2	10.3 : -7.2	%
Japan	0.00	Sep/18	1.4	9.4 : -8.8	%
Argentina	-4.20	Jun/18	3.9	16.2 : -16.3	%