Ireland's GDP growth slowed to a near two-year low of 3 percent year-on-year in the fourth quarter of 2018 from 5.4 percent in the previous three-month period. Considering 2018 full year, the economy expanded 6.7 percent, slower than 7.2 percent in 2017. GDP Annual Growth Rate in Ireland averaged 5.87 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 4.20 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 4.10 in 12 months time. In the long-term, the Ireland GDP Annual Growth Rate is projected to trend around 3.20 percent in 2020, according to our econometric models.

Ireland GDP Annual Growth Rate
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Calendar GMT Actual Previous Consensus TEForecast
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 4.9% 8.7% 5.1%
2019-03-14 11:00 AM GDP Growth Rate YoY 3% 5.4% 4.5%
2019-07-19 10:00 AM GDP Growth Rate YoY 3% 4.2%
2019-09-13 10:00 AM GDP Growth Rate YoY 4.4%
2019-12-17 11:00 AM GDP Growth Rate YoY 4%


Ireland GDP Last Previous Highest Lowest Unit
GDP Growth Rate 0.10 0.90 22.60 -5.00 percent [+]
GDP Annual Growth Rate 3.00 5.40 29.30 -10.30 percent [+]
GDP 333.73 304.82 333.73 1.94 USD Billion [+]
GDP Constant Prices 78828.00 78764.00 78828.00 21184.00 EUR Million [+]
Gross National Product 61823.00 63338.00 63338.00 19915.00 EUR Million [+]
Gross Fixed Capital Formation 21807.00 18952.00 28090.00 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 567.00 563.00 684.00 307.00 EUR Million [+]
GDP From Construction 2075.00 2126.00 2608.00 1008.00 EUR Million [+]
GDP From Manufacturing 25008.00 25530.00 26107.00 5062.00 EUR Million [+]
GDP From Public Administration 8025.00 7904.00 8025.00 4047.00 EUR Million [+]
GDP From Transport 8760.00 8800.00 8800.00 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 March of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
3.00 5.40 29.30 -10.30 1996 - 2018 percent Quarterly
NSA




Country Last Previous
India 6.60 Dec/18
China 6.40 Dec/18
Indonesia 5.18 Dec/18
South Korea 3.10 Dec/18
United States 3.10 Dec/18
Saudi Arabia 2.50 Sep/18
Spain 2.40 Dec/18
Australia 2.30 Dec/18
Netherlands 2.00 Dec/18
Singapore 1.90 Dec/18
Mexico 1.70 Dec/18
Canada 1.60 Dec/18
Russia 1.50 Sep/18
Switzerland 1.40 Dec/18
United Kingdom 1.30 Dec/18
Brazil 1.10 Dec/18
Euro Area 1.10 Dec/18
South Africa 1.10 Dec/18
France 0.90 Dec/18
Germany 0.60 Dec/18
Japan 0.30 Dec/18
Italy 0.00 Dec/18
Turkey -3.00 Dec/18
Argentina -6.20 Dec/18


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