Ireland GDP

The Gross Domestic Product (GDP) in Ireland was worth 210 billion US dollars in 2012. The GDP value of Ireland represents 0.34 percent of the world economy. GDP in Ireland is reported by the The World Bank Group. From 1960 until 2012, Ireland GDP averaged 66.6 USD Billion reaching an all time high of 262.0 USD Billion in December of 2008 and a record low of 1.9 USD Billion in December of 1960. The gross domestic product (GDP) measures of national income and output for a given country's economy. The gross domestic product (GDP) is equal to the total expenditures for all final goods and services produced within the country in a stipulated period of time. This page provides - Ireland GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-16

Actual Previous Highest Lowest Forecast Dates Unit Frequency
210.00 221.00 262.00 1.90 200.51 | 2013/12 1960 - 2012 USD Billion Yearly

TO

Ireland GDP
LIST BY COUNTRY

GDP Last Previous Highest Lowest Forecast Unit
GDP Growth Rate -2.30 2013-12-31 2.10 5.50 -3.60 0.48 2014-03-31 Percent [+]
GDP Annual Growth Rate -0.70 2013-12-31 2.70 14.60 -7.40 1.84 2014-03-31 Percent [+]
GDP Constant Prices 40375.00 2013-11-15 41336.00 44647.00 22482.00 41107.59 2014-03-31 EUR Million [+]
Gross Fixed Capital Formation 4894.00 2013-11-15 4747.00 10055.00 3758.00 5093.75 2014-03-31 EUR Million [+]
Gross National Product 34786.00 2013-11-15 34726.00 36186.00 18816.00 35181.86 2014-03-31 EUR Million [+]
GDP per capita 46175.52 2012-12-31 45866.91 51721.35 5046.75 46164.98 2013-12-31 USD [+]
GDP per capita PPP 36754.52 2012-12-31 36508.88 41168.86 6180.68 36767.19 2013-12-31 USD [+]
GDP 210.00 2012-12-31 221.00 262.00 1.90 200.51 2013-12-31 USD Billion [+]
[+]


GDP | Notes
The gross domestic product (GDP) or gross domestic income (GDI) is one of the measures of national income and output. GDP can be defined in three ways, which should give identical results. First, it is equal to the total expenditures for all final goods and services produced within the country in a specified period of time (usually a 365-day year). Second, it is equal to the sum of the value added at every stage of production by all the industries, plus taxes and minus subsidies on products. Third, it is equal to the sum of the income generated by production like compensation of employees, taxes on production and imports less subsidies, and gross operating surplus.


RELATED NEWS

Irish Trade Surplus Widens in February  
Preliminary figures for February of 2014 indicate an increase in seasonally adjusted exports of € 57 million (+1 percent) to €7,232 million from January 2014. Coupled with a decrease in seasonally adjusted imports of € 69 million (-2 percent) to € 4,022 million, the seasonally adjusted trade surplus increased by € 127 million (+4 percent) to € 3,210 million.
Irish Inflation Rate Rises in March  
Irish annual consumer prices rose 0.2 percent in March of 2014, following a 0.1 percent fall in February, mainly due to higher cost of services.
Irish Unemployment Rate Down To 5-Year Low in March  
Ireland’ seasonally adjusted jobless rate fell for the third consecutive month in March of 2014 to 11.8 percent, down from 11.9 percent in the previous month, and 13.7 percent a year earlier.
Ireland Posts € 3 Billion Trade Surplus in January  
Irish trade balance widened 10.13 percent over a year earlier to € 3.09 billion in the first month of 2014. Compared with December of 2013, the trade surplus narrowed 9.1 percent.
Ireland Inflation Rate Falls to 3-1/2-Year Low  
Irish annual inflation rate dropped to -0.1 percent in February of 2014, from 0.2 percent in the previous month. It is the first time since July of 2010 the inflation rate enters in negative territory.
Irish Economic Growth Disappoints in Q4  
Irish GDP contracted by a shocking 2.3 percent in the last quarter of 2013 from the previous three months, hurt by a surge in imports and a fall in consumer spending. Initial estimates showed the economy shrank by 0.3 percent in 2013.
Irish Unemployment Rate Falls Below 12%  
In February of 2014, Ireland’s jobless rate continued its downward trend and fell to 11.9 percent, down from a revised 12 percent in the previous month.
Irish Inflation Rate Stable in January  
In January of 2014, Irish consumer prices remained steady at an annual rate of 0.2 percent. From December to January, the CPI decreased by 0.5 percent. This compares to a decrease of 0.5 percent recorded in January of last year.
Irish Trade Surplus Narrows 12.5% in 2013  
In 2013, Irish trade surplus decreased to € 37.25 billion, down from € 42.54 billion in 2012, hurt by lower exports of medical and pharmaceutical products and a fall in petroleum sales. This is the lowest annual trade surplus since 2008.
Irish Unemployment Down to 12.3% in January  
In January of 2014, Irish jobless rate declined for the eight straight month to 12.3 percent, from 12.4 percent in December last year. A year earlier, unemployment reached 13.8 percent.
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Turkish jobless rate increased for the third consecutive month in January of 2014 to 10.1 percent, up from 10.0 percent in the previous month, but decreased compared with 10.6 percent recorded a year earlier.
Euro Area Trade Surplus Widens in February On Rising Exports  
The first estimate for the Euro Area trade in goods balance with the rest of the world in February of 2014 gave a € 13.6 billion surplus, compared with € +9.8 bn in February of 2013. The January 2014 balance was € +0.8 bn.
UK Inflation Rate Slows Further in March  
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