Annual growth of the gross capital formation (%) in Ireland
Ireland: Annual growth of the gross capital formation (%) was -29.5% in 2024. ◆ Volatile
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 171st out of 175 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% |
Ireland compared with similar countries
- Ireland's -29.5% is below the median for high income countries, which is -0.2%, 121.3× the median. (55 countries reporting)
- Ireland's -29.5% is below the median for Europe & Central Asia, which is 1.6%. (48 countries reporting)
Biggest year-on-year movements
Years where Annual growth of the gross capital formation (%) in Ireland changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2008 | -1133.5% | -1.1% | -13.6% |
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
- 168 Argentina -17.7% compare
- 169 Eswatini -22.4% compare
- 170 San Marino -27.7% compare
- 172 State of Palestine -30.0% compare
- 173 Puerto Rico -32.7% compare
- 174 Haiti -36.3% compare
More economy & growth data for Ireland
- Real gdp growth, annual growth rate 374.72 % change on previous year (2025)
- 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)
- SDRs holdings, US dollar, annual growth rate 7.18 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0082 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 1,078 units per person (2025)
- SDRs holdings, SDR, annual growth rate 2.06 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.006 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 787.03 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 2.45 % change on previous year (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 171st out of 175 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.
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