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.

Ireland GDP Annual Growth Rate
width
height
Forecast Data Chart
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.


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




Country Last Previous
India 7.10 Sep/18
China 6.50 Sep/18
Indonesia 5.17 Sep/18
United States 3.00 Sep/18
Australia 2.80 Sep/18
Mexico 2.50 Sep/18
Spain 2.50 Sep/18
Netherlands 2.40 Sep/18
Switzerland 2.40 Sep/18
Singapore 2.20 Sep/18
South Korea 2.00 Sep/18
Canada 1.90 Jun/18
Saudi Arabia 1.61 Jun/18
Euro Area 1.60 Sep/18
Turkey 1.60 Sep/18
Russia 1.50 Sep/18
United Kingdom 1.50 Sep/18
France 1.40 Sep/18
Brazil 1.30 Sep/18
Germany 1.10 Sep/18
South Africa 1.10 Sep/18
Italy 0.70 Sep/18
Japan 0.00 Sep/18
Argentina -4.20 Jun/18


Related

Latest