The Gross Domestic Product (GDP) in Ireland expanded 11.10 percent in the second quarter of 2022 over the same quarter of the previous year. source: Central Statistics Office Ireland

GDP Annual Growth Rate in Ireland averaged 6.12 percent from 1996 until 2022, reaching an all time high of 28.40 percent in the first quarter of 2015 and a record low of -10.30 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 November of 2022.

GDP Annual Growth Rate in Ireland is expected to be 3.60 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
2022-06-03 10:00 AM Q1 11% 9.6% 3.5%
2022-09-02 10:00 AM Q2 11.1% 10.8% 3.5%
2022-12-02 11:00 AM Q3

Related Last Previous Unit Reference
GDP Growth Rate 1.80 6.20 percent Jun 2022
GDP Annual Growth Rate 11.10 10.80 percent Jun 2022
GDP Constant Prices 115770.00 113716.00 EUR Million Jun 2022
Gross National Product 83813.00 82331.00 EUR Million Jun 2022
Gross Fixed Capital Formation 24995.00 20500.00 EUR Million Jun 2022
GDP from Public Administration 9583.00 9175.00 EUR Million Jun 2022
GDP from Manufacturing 45226.00 48814.00 EUR Million Jun 2022
GDP from Construction 2309.00 1924.00 EUR Million Jun 2022
GDP from Agriculture 876.00 804.00 EUR Million Jun 2022
GDP from Transport 8554.00 9536.00 EUR Million Jun 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
11.10 10.80 28.40 -10.30 1996 - 2022 percent Quarterly