Ireland GDP Annual Growth Rate  1998-2016 | Data | Chart | Calendar

The Irish economy expanded 4.1 percent year-on-year in the second quarter of 2016, following an upwardly revised 3.9 percent growth in the previous period. On the expenditure side, capital investment rose by 21 percent. Government expenditure increased by 5.2 percent and personal expenditure increased by 1.8 percent. Net exports were 14.6 percent lower in the second quarter of 2016 compared with the corresponding quarter of 2015. GDP Annual Growth Rate in Ireland averaged 5.22 percent from 1998 until 2016, reaching an all time high of 28.40 percent in the fourth quarter of 2015 and a record low of -10.10 percent in the fourth quarter of 2008.

Ireland GDP Annual Growth Rate
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Calendar GMT Reference Actual Previous Consensus Forecast (i)
2016-03-10 11:00 AM Q4 9.2% 7.2% 6.5% 6.7%
2016-07-12 10:00 AM Q1 2.3% 28.4% 7.2% 8.4%
2016-09-14 10:00 AM Q2 4.1% 3.9% 7.2%
2016-12-09 11:00 AM Q3 4.1% 6.5%
2017-03-10 11:00 AM Q4
2017-07-12 10:00 AM Q1




Ireland GDP Last Previous Highest Lowest Unit
GDP Growth Rate 0.60 -2.10 20.30 -4.10 percent [+]
GDP Annual Growth Rate 4.10 3.90 28.40 -10.10 percent [+]
GDP 238.02 250.81 274.71 1.94 USD Billion [+]
GDP Constant Prices 62304.00 61904.00 63262.00 24270.00 EUR Million [+]
Gross National Product 51587.00 51278.00 51587.00 21991.00 EUR Million [+]
Gross Fixed Capital Formation 15983.00 11508.00 15983.00 5067.00 EUR Million [+]
GDP per capita 56053.73 52256.77 56053.73 12053.93 USD [+]
GDP per capita PPP 51899.20 48383.66 51899.20 21291.54 USD [+]
GDP From Agriculture 1197.00 1179.00 1225.00 793.00 EUR Million [+]
GDP From Construction 1583.00 1504.00 2766.00 1103.00 EUR Million [+]
GDP From Manufacturing 21111.00 21106.00 23120.00 6751.00 EUR Million [+]
GDP From Public Administration 2002.00 1976.00 2002.00 1306.00 EUR Million [+]
Gdp From Services 20133.00 19824.00 20133.00 8392.00 EUR Million [+]
GDP From Transport 13360.00 13140.00 13360.00 5526.00 EUR Million [+]



Ireland GDP Annual Growth Rate Notes

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 December of 2016.

Actual Previous Highest Lowest Dates Unit Frequency
4.10 3.90 28.40 -10.10 1998 - 2016 percent Quarterly
NSA



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