Annual growth of the gross capital formation in Ireland
Ireland: Annual growth of the gross capital formation was -29.5% in 2024. ◆ Volatile
Latest (2024)
-29.5%
Change on year
down 332.3%
World rank
170th
of 174 countries
All-time high
99.7%
in 2019
All-time low
-38.9%
in 2021
Years of data
25
2000–2024
Annual growth of the gross capital formation in Ireland, 2000–2024
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
Ireland recorded -29.5% for annual growth of the gross capital formation in 2024.
The figure is down 332.3% on the previous year and down 200.6% over ten years.
Over the whole period, annual growth of the gross capital formation in Ireland peaked at 99.7% in 2019 and was at its lowest, -38.9%, in 2021.
That places Ireland 170th out of 174 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Annual growth of the gross capital formation in Ireland, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 6.7% | — |
| 2001 | 3.7% | -44.3% |
| 2002 | 6.1% | +62.4% |
| 2003 | 9.5% | +56.2% |
| 2004 | 7.4% | -22.5% |
| 2005 | 17.7% | +141.2% |
| 2006 | 8.7% | -50.9% |
| 2007 | -1.1% | -112.6% |
| 2008 | -13.6% | +1133.5% |
| 2009 | -19.5% | +43.2% |
| 2010 | -13.1% | -32.5% |
| 2011 | 4.9% | -137.3% |
| 2012 | 15.2% | +209.6% |
| 2013 | -5.6% | -136.7% |
| 2014 | 29.3% | -624.9% |
| 2015 | 54.7% | +87.0% |
| 2016 | 36.2% | -33.9% |
| 2017 | 4.3% | -88.1% |
| 2018 | -12.3% | -387.7% |
| 2019 | 99.7% | -908.1% |
| 2020 | -14.6% | -114.7% |
| 2021 | -38.9% | +165.9% |
| 2022 | 6.7% | -117.1% |
| 2023 | 12.7% | +90.1% |
| 2024 | -29.5% | -332.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 2.6% | -19.5% | 17.7% | 10 |
| 2010s | 21.3% | -13.1% | 99.7% | 10 |
| 2020s | -12.7% | -38.9% | 12.7% | 5 |
Countries ranked near Ireland
- 167 Argentina -17.7% compare
- 168 Eswatini -22.4% compare
- 169 San Marino -27.7% compare
- 171 State of Palestine -30.0% compare
- 172 Puerto Rico -32.7% compare
- 173 Haiti -36.3% compare
More economy & growth data for Ireland
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.96 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.52 Percent per annum (2029)
- Total reserves minus gold (current US$), annual growth rate 2.4 % change on previous year (2025)
- Total reserves minus gold (current US$), per unit of GDP 0.0166 current US$ per US$ of GDP (2025)
- Total reserves minus gold (current US$), per capita 2,182 current US$ per person (2025)
- General government final consumption expenditure (current US$) 10.36 % change on previous year (2025)
- General government final consumption expenditure (current US$), per 0.1124 current US$ per US$ of GDP (2025)
- General government final consumption expenditure (current US$), per 14,794 current US$ per person (2025)
- General government final consumption expenditure (current LCU) 5.71 % change on previous year (2025)
- General government final consumption expenditure (current LCU), per 0.0995 current LCU per US$ of GDP (2025)
Frequently asked questions
- What is annual growth of the gross capital formation in Ireland?
- Annual growth of the gross capital formation in Ireland was -29.5% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest annual growth of the gross capital formation recorded in Ireland?
- The highest recorded value was 99.7% in 2019.
- What is the lowest annual growth of the gross capital formation recorded in Ireland?
- The lowest recorded value was -38.9% in 2021.
- How does Ireland rank for annual growth of the gross capital formation?
- Ireland ranks 170th out of 174 countries with data for 2024.
- Is annual growth of the gross capital formation rising or falling in Ireland?
- Over the last ten years it is down 200.6%. The long-run trend across the full record is volatile.
- Where does this Ireland data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Annual growth of the gross capital formation (%). Statizoid updates them automatically from the source API.
Download this data
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