GDP weights used in the calculation of the global specific indicator in Ireland
Ireland: GDP weights used in the calculation of the global specific indicator was 2.7% in 2023. ▲ Rising
GDP weights used in the calculation of the global specific indicator in Ireland, 2014–2023
Source: Eurostat. Measured in Percentage of EU27 (from 2020) total (based on million purchasing power standard.
Analysis
Ireland recorded 2.7% for gdp weights used in the calculation of the global specific indicator in 2023. That is the highest value across all 10 years on record.
Compared with earlier readings it is up 8.0% on the previous year and up 145.5% over ten years.
Over the whole period, gdp weights used in the calculation of the global specific indicator in Ireland peaked at 2.7% in 2023 and was at its lowest, 1.1%, in 2014.
That places Ireland 14th out of 37 countries with data for 2023, putting it in the middle of the range.
GDP weights used in the calculation of the global specific indicator in Ireland, year by year
| Year | Percentage of EU27 (from 2020) total (based on million purchasing power standard | Change |
|---|---|---|
| 2014 | 1.1% | — |
| 2015 | 1.2% | +9.1% |
| 2016 | 1.6% | +33.3% |
| 2017 | 1.7% | +6.2% |
| 2018 | 1.7% | +0.0% |
| 2019 | 1.8% | +5.9% |
| 2020 | 1.9% | +5.6% |
| 2021 | 2.4% | +26.3% |
| 2022 | 2.5% | +4.2% |
| 2023 | 2.7% | +8.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 1.5% | 1.1% | 1.8% | 6 |
| 2020s | 2.4% | 1.9% | 2.7% | 4 |
Countries ranked near Ireland
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)
- Gross capital formation (constant 2015 US$), annual growth rate 39.84 % change on previous year (2025)
- Gross capital formation (constant 2015 US$), per unit of GDP 0.1679 constant 2015 US$ per US$ of GDP (2025)
- Gross capital formation (constant 2015 US$), per capita 22,090 constant 2015 US$ per person (2025)
- Imports of goods and services (current US$), annual growth rate 15.82 % change on previous year (2025)
- Imports of goods and services (current US$), per unit of GDP 0.9989 current US$ per US$ of GDP (2025)
- Imports of goods and services (current US$), per capita 131,451 current US$ per person (2025)
- Imports of goods and services (current LCU), annual growth rate 10.94 % change on previous year (2025)
- Imports of goods and services (current LCU), per unit of GDP 0.884 current LCU per US$ of GDP (2025)
Frequently asked questions
- What is gdp weights used in the calculation of the global specific indicator in Ireland?
- Gdp weights used in the calculation of the global specific indicator in Ireland was 2.7% in 2023, according to Eurostat.
- What is the highest gdp weights used in the calculation of the global specific indicator recorded in Ireland?
- The highest recorded value was 2.7% in 2023.
- What is the lowest gdp weights used in the calculation of the global specific indicator recorded in Ireland?
- The lowest recorded value was 1.1% in 2014.
- How does Ireland rank for gdp weights used in the calculation of the global specific indicator?
- Ireland ranks 14th out of 37 countries with data for 2023.
- Is gdp weights used in the calculation of the global specific indicator rising or falling in Ireland?
- Over the last ten years it is up 145.5%. The long-run trend across the full record is rising.
- Where does this Ireland data come from?
- The figures come from Eurostat, published as part of GDP weights used in the calculation of the global specific indicator. Statizoid updates them automatically from the source API.
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