Ireland is a small, modern, trade-dependent economy. Ireland was among the initial group of 12 EU nations that began circulating the euro on 1 January 2002. GDP growth averaged 6% in 1995-2007, but economic activity dropped sharply during the world financial crisis and the subsequent collapse of its domestic property market and construction industry. Faced with sharply reduced revenues and a burgeoning budget deficit from efforts to stabilize its fragile banking sector, the Irish Government introduced the first in a series of draconian budgets in 2009. These measures were not...
GDP | Reference | Last | Previous | Units | Frequency |
---|---|---|---|---|---|
Real Private Consumption | 2023 Q4 | 32,343 | 32,333 | Mil. Ch. 2021 EUR, SA | Quarterly |
Private Consumption | 2023 Q4 | 37,624 | 37,051 | Mil. EUR, SA | Quarterly |
Real Gross Domestic Product | 2023 Q4 | 110,443 | 114,353 | Mil. Ch. 2021 EUR, SA | Quarterly |
Real Investment | 2023 Q4 | 39,909 | 26,163 | Mil. Ch. 2019 EUR, SA | Quarterly |
Government Consumption | 2023 Q4 | 13,570 | 12,991 | Mil. EUR, SA | Quarterly |
Nominal Fixed Investment (gross fixed capital formation) | 2023 Q4 | 41,669 | 25,357 | Mil. EUR, SA | Quarterly |
Nominal Gross Domestic Product | 2023 Q4 | 123,309 | 123,607 | Mil. EUR, SA | Quarterly |
Real Fixed Investment (gross fixed capital formation) | 2023 Q4 | 37,009 | 22,374 | Mil. Ch. 2021 EUR, SA | Quarterly |
Real Government Consumption | 2023 Q4 | 12,022 | 11,884 | Mil. Ch. 2021 EUR, SA | Quarterly |
Investment | 2023 Q4 | 46,666 | 28,260 | Mil. EUR, SA | Quarterly |
Price | Reference | Last | Previous | Units | Frequency |
Consumer Price Index (CPI) | Mar 2024 | 100.2 | 99.7 | Index Dec2023=100, NSA | Monthly |
Wholesale Price Index | Jan 2018 | 101.72 | 103.12 | 2010=100, SA | Monthly |
Labor | Reference | Last | Previous | Units | Frequency |
Secondary Industries Employment | 2023 Q4 | 481.7 | 494.6 | Ths. #, NSA | Quarterly |
Primary Industries Employment | 2023 Q4 | 112.9 | 114.7 | Ths. #, NSA | Quarterly |
Unemployment | 2023 Q4 | 117.7 | 129.9 | Ths. #, NSA | Quarterly |
Unemployment Rate | 2023 Q4 | 4.2 | 4.6 | %, NSA | Quarterly |
Labor Force Employment | 2023 Q4 | 2,706 | 2,696 | Ths. #, NSA | Quarterly |
Tertiary Industries Employment | 2023 Q4 | 2,104 | 2,078 | Ths. #, NSA | Quarterly |
Labor Force | 2023 Q4 | 2,824 | 2,826 | Ths. #, NSA | Quarterly |
Wage & Salaries | 2018 Q3 | 740.32 | 745.09 | EUR, NSA | Quarterly |
Agriculture Employment | 2017 | 121,178 | 125,994 | # | Annual |
Trade | Reference | Last | Previous | Units | Frequency |
Imports of Goods | Feb 2024 | 10,393,000 | 9,682,800 | Thousands of Euros, SA | Monthly |
Balance of Goods | Feb 2024 | 7,198,200 | 8,375,400 | Thousands of Euros, SA | Monthly |
Exports of Goods | Feb 2024 | 17,591,200 | 18,058,200 | Thousands of Euros, SA | Monthly |
Current Account Balance | 2023 Q4 | -382 | 20,775 | Mil. EUR, NSA | Quarterly |
Real Imports of Goods and Services | 2023 Q4 | -129,822 | -113,286 | Mil. Ch. 2021 EUR, SA | Quarterly |
Real Exports of Goods and Services | 2023 Q4 | 152,295 | 153,814 | Mil. Ch. 2021 EUR, SA | Quarterly |
Exports of Goods and Services | 2023 Q4 | 164,325 | 164,009 | Mil. EUR, SA | Quarterly |
Imports of Goods and Services | 2023 Q4 | -141,113 | -122,753 | Mil. EUR, SA | Quarterly |
Real Net Exports | 2023 Q4 | 22,473 | 40,528 | Mil. Ch. 2019 EUR, SA | Quarterly |
Net Exports | 2023 Q4 | 23,212 | 41,256 | Mil. EUR, SA | Quarterly |
Government | Reference | Last | Previous | Units | Frequency |
Government Expenditures | 2022 | 110,910 | 105,805 | Millions of Euro, NSA | Annual |
Government Budget Balance | 2022 | 965 | -7,040 | Millions of Euro, NSA | Annual |
Government Revenues | 2022 | 112,475 | 98,765 | Millions of Euro, NSA | Annual |
Gross External Debt | 2020 Q2 | 0 | 0 | USD, NSA | Quarterly |
Outstanding Public Debt | 2016 | 230,468,000,000 | 232,665,000,000 | NCU | Annual |
Markets | Reference | Last | Previous | Units | Frequency |
Stock Market Index | 25 Apr 2024 | 9,915 | 9,963 | Index, NSA | Business Daily |
Treasury Bills (over 31 days) | 2023 Q4 | 0 | 0 | Mil. EUR, NSA | Quarterly |
Money Market Rate | Dec 2023 | 3.91 | 3.96 | % per annum, NSA | Monthly |
Average Long-term Government Bond | Sep 2020 | -0.17 | -0.05 | % | Monthly |
Lending Rate | 2005 | 2.65 | 2.57 | % | Annual |
Real Estate | Reference | Last | Previous | Units | Frequency |
House Price Index | Feb 2024 | 178.19 | 177.01 | Index 2015=100, SA | Monthly |
Building Permits | 2023 Q4 | 6,399 | 6,830 | #, NSA | Quarterly |
Residential Building Permits | 2023 Q4 | 1,372 | 1,373 | #, NSA | Quarterly |
Residential Building Completions | 2023 Q4 | 10,289 | 8,450 | #, NSA | Quarterly |
Dwelling Stocks | 2021 | 2,081 | 2,065 | Ths. # | Annual |
Building Completions | 2017 Q1 | 3,896 | 4,425 | #, NSA | Quarterly |
House Price Value for New Homes | 2016 Q4 | 323,875 | 305,300 | EUR, NSA | Quarterly |
House Price Value for Existing Homes | 2016 Q4 | 292,457 | 284,332 | EUR, NSA | Quarterly |
Consumer | Reference | Last | Previous | Units | Frequency |
Retail Sales | Feb 2024 | 139.5 | 140.5 | Index 2015=100, SA | Monthly |
Real Retail Sales | Feb 2024 | 130.4 | 133.1 | Vol. Index 2015=100, SA | Monthly |
Consumer Confidence | Apr 2019 | 87.7 | 93.14 | 1995=100, NSA | Monthly |
Business | Reference | Last | Previous | Units | Frequency |
Industrial Production | Feb 2024 | 109.8 | 160.7 | Vol. Index 2015=100, NSA | Monthly |
Real Change in Inventories | 2023 Q4 | 2,900 | 3,789 | Mil. Ch. 2021 EUR, SA | Quarterly |
Change in Inventories | 2023 Q4 | 4,997 | 2,903 | Mil. EUR, SA | Quarterly |
Capacity Utilization | 2023 Q1 | 79.7 | 80.3 | %, NSA | Quarterly |
Business Confidence | Jan 2023 | 102.29 | 100.02 | Index long term avg=100, SA | Monthly |
Demographics | Reference | Last | Previous | Units | Frequency |
Deaths | 2022 Q2 | 9,326 | 9,535 | # | Quarterly |
Births | 2022 Q2 | 14,449 | 16,131 | # | Quarterly |
Population | 2018 | 4,857 | 4,792 | Ths. #, NSA | Annual |
Net Migration | 2017 | 23,497 | # | Annual | |
Birth Rate | 2015 | 14.1 | 14.6 | # per Ths. pop. | Annual |
Death Rate | 2015 | 6.5 | # per Ths. pop. | Annual |