Ireland GDP Annual Growth Rate 1996-2018 | Data | Chart | Calendar

The Irish economy grew by 8.4 percent year-on-year in the fourth quarter of 2017, following an upwardly revised 10.9 percent expansion in the previous period. In 2017, the GDP increased by 7.8 percent, compared with 5.1 percent in 2016. Net exports rose strongly by 65.2 percent during 2017 and personal consumption, which accounts for almost half of domestic demand, rose by 1.9 percent (vs 3.3 percent) while government expenditure exhibited an increase of 1.8 percent (vs 5.3 percent). Capital investment declined by 22.3 percent in 2017 compared with a 61.2 percent growth in 2016. GDP Annual Growth Rate in Ireland averaged 5.92 percent from 1996 until 2017, reaching an all time high of 27.60 percent in the first quarter of 2015 and a record low of -9.80 percent in the fourth quarter of 2008.

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Calendar	GMT		Actual	Previous	Consensus	TEForecast
2017-09-15	10:00 AM	GDP Growth Rate YoY	5.8%	5.2%	5.75%	5.9%
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%
2018-07-14	10:00 AM	GDP Growth Rate YoY		8.4%		6.5%
2018-09-15	10:00 AM	GDP Growth Rate YoY				5.1%
2018-12-08	11:00 AM	GDP Growth Rate YoY				4.9%

Ireland GDP	Last	Previous	Highest	Lowest	Unit
GDP Growth Rate	3.20	4.80	21.70	-3.80	percent	[+]
GDP Annual Growth Rate	8.40	10.90	27.60	-9.80	percent	[+]
GDP	304.82	290.62	304.82	1.94	USD Billion	[+]
GDP Constant Prices	78088.00	75694.00	78088.00	21057.00	EUR Million	[+]
Gross National Product	65818.00	61935.00	65818.00	19745.00	EUR Million	[+]
Gross Fixed Capital Formation	14697.00	13847.00	24873.00	3873.00	EUR Million	[+]
GDP per capita	66787.14	64784.09	66787.14	12323.69	USD	[+]
GDP per capita PPP	62828.34	60944.02	62828.34	22116.98	USD	[+]
GDP From Agriculture	666.00	710.00	710.00	370.00	EUR Million	[+]
GDP From Construction	2182.00	2120.00	2996.00	1171.00	EUR Million	[+]
GDP From Manufacturing	28551.00	26206.00	28551.00	4601.00	EUR Million	[+]
GDP From Public Administration	7620.00	7591.00	7620.00	3874.00	EUR Million	[+]
GDP From Transport	8365.00	8272.00	8365.00	4167.00	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 May of 2018.

	Actual	Previous	Highest	Lowest	Dates	Unit	Frequency
	8.40	10.90	27.60	-9.80	1996 - 2017	percent	Quarterly	NSA

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GDP annual growth rate by Country

Country	Last		Previous	Highest	Lowest
Turkey	7.30	Dec/17	11.3	11.7	-14.4	%	Quarterly
India	7.20	Dec/17	6.5	11.4	-5.2	%	Quarterly
China	6.80	Mar/18	6.8	15.4	3.8	%	Quarterly
Indonesia	5.06	Mar/18	5.19	7.16	1.56	%	Quarterly
Canada	2.90	Dec/17	3	8.8	-4.1	%	Quarterly
Spain	2.90	Mar/18	3.1	5.6	-4.3	%	Quarterly
United States	2.90	Mar/18	2.6	13.4	-4.1	%	Quarterly
Netherlands	2.80	Mar/18	2.9	6.1	-4.9	%	Quarterly
South Korea	2.80	Mar/18	2.8	19.6	-7.4	%	Quarterly
Euro Area	2.50	Mar/18	2.8	5	-5.5	%	Quarterly
Australia	2.40	Dec/17	2.9	9	-3.5	%	Quarterly
Germany	2.30	Mar/18	2.9	7.2	-6.8	%	Quarterly
Brazil	2.10	Dec/17	1.4	10.1	-5.6	%	Quarterly
France	2.10	Mar/18	2.6	12.5	-3.8	%	Quarterly
Switzerland	1.90	Dec/17	1.2	5.8	-3.4	%	Quarterly
Italy	1.40	Mar/18	1.6	10.3	-7.2	%	Quarterly
Mexico	1.30	Mar/18	1.5	9	-9.1	%	Quarterly
Russia	1.30	Mar/18	0.9	12.1	-11.2	%	Quarterly
United Kingdom	1.20	Mar/18	1.4	9.7	-5.9	%	Quarterly
Japan	0.90	Mar/18	1.8	9.4	-8.8	%	Quarterly