Gross National Product in Ireland increased to 67974 EUR Million in the first quarter of 2020 from 67874 EUR Million in the fourth quarter of 2019.

Gross National Product in Ireland averaged 40572.04 EUR Million from 1995 until 2020, reaching an all time high of 67974 EUR Million in the first quarter of 2020 and a record low of 21303 EUR Million in the first quarter of 1995. This page provides the latest reported value for - Ireland Gross National Product - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Ireland Gross National Product - data, historical chart, forecasts and calendar of releases - was last updated on July of 2020. source: Central Statistics Office Ireland

Gross National Product in Ireland is expected to be 63006.00 EUR Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Gross National Product in Ireland to stand at 75111.00 in 12 months time. In the long-term, the Ireland Gross National Product is projected to trend around 68862.00 EUR Million in 2021 and 71960.00 EUR Million in 2022, according to our econometric models.

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Ireland Gross National Product

Actual Previous Highest Lowest Dates Unit Frequency
67974.00 67874.00 67974.00 21303.00 1995 - 2020 EUR Million Quarterly
Constant Prices 2017, SA

Calendar GMT Actual Previous Consensus TEForecast
2020-03-06 11:00 AM GNP QoQ Q4 2.3% 9.5%
2020-03-06 11:00 AM GNP YoY Q4 10.1% -0.7%
2020-06-05 10:00 AM GNP YoY Q1 5.5% 10.1%
2020-06-05 10:00 AM GNP QoQ Q1 0.1% 1.9%

Ireland GDP Last Previous Highest Lowest Unit
GDP Growth Rate 1.20 1.70 23.30 -5.80 percent [+]
GDP Annual Growth Rate 4.60 6.20 29.20 -10.40 percent [+]
GDP 388.70 382.67 388.70 1.94 USD Billion [+]
GDP Constant Prices 87671.00 86660.00 87671.00 22399.00 EUR Million [+]
Gross National Product 67974.00 67874.00 67974.00 21303.00 EUR Million [+]
Gross Fixed Capital Formation 50246.00 50249.00 53550.00 4063.00 EUR Million [+]
GDP per capita 79703.40 76662.70 79703.40 12745.40 USD [+]
GDP per capita PPP 86781.40 83470.60 86781.40 26474.30 USD [+]
GDP From Agriculture 928.00 973.00 973.00 371.00 EUR Million [+]
GDP From Construction 2251.00 2289.00 2896.00 1114.00 EUR Million [+]
GDP From Manufacturing 32502.00 28158.00 32502.00 5158.00 EUR Million [+]
GDP From Public Administration 8209.00 8193.00 8209.00 4311.00 EUR Million [+]
GDP From Transport 8313.00 9517.00 9517.00 4830.00 EUR Million [+]

Ireland Gross National Product
In Ireland, Gross National Product (GNP) is the sum of GDP and Net factor income from the rest of the world (NFI), which is the difference between investment income (interest, profits etc.) and labour income earned abroad by Irish resident persons and companies (inflows) and similar incomes earned in Ireland by non-residents (outflows). Because NFI is the difference between two large gross flows, its magnitude can fluctuate greatly from one quarter to another. This can lead to significant differences between the GDP and GNP growth rate for the same quarter.