Ireland’s gross domestic product expanded by 11 percent year-on-year in the first quarter of 2022, accelerating from a 9.6 percent growth in Q4. source: Central Statistics Office Ireland

GDP Annual Growth Rate in Ireland averaged 6.08 percent from 1996 until 2022, reaching an all time high of 29.10 percent in the first quarter of 2015 and a record low of -10.20 percent in the fourth quarter of 2008. This page provides - Ireland GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Ireland GDP Annual Growth Rate - data, historical chart, forecasts and calendar of releases - was last updated on June of 2022.

GDP Annual Growth Rate in Ireland is expected to be 6.20 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Ireland GDP Annual Growth Rate is projected to trend around 2.00 percent in 2023, according to our econometric models.

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Ireland GDP Annual Growth Rate



Calendar GMT Actual Previous Consensus TEForecast
2022-03-04 11:00 AM Q4 9.6% 11.3% 13%
2022-06-03 10:00 AM Q1 11% 9.6% 3.5%
2022-09-02 10:00 AM Q2 11%


Related Last Previous Unit Reference
GDP Growth Rate 10.80 -6.20 percent Mar 2022
GDP Annual Growth Rate 11.00 9.60 percent Mar 2022
GDP Constant Prices 115482.00 104408.00 EUR Million Mar 2022
Gross National Product 80810.00 81102.00 EUR Million Mar 2022
Gross Fixed Capital Formation 20500.00 34066.00 EUR Million Mar 2022
GDP From Public Administration 9175.00 9329.00 EUR Million Mar 2022
GDP From Manufacturing 48814.00 42971.00 EUR Million Mar 2022
GDP From Construction 1924.00 2037.00 EUR Million Mar 2022
GDP From Agriculture 804.00 753.00 EUR Million Mar 2022
GDP From Transport 9536.00 8518.00 EUR Million Mar 2022
GDP From Services 20231.00 20385.00 EUR Million Dec 2016

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.
Actual Previous Highest Lowest Dates Unit Frequency
11.00 9.60 29.10 -10.20 1996 - 2022 percent Quarterly
NSA