Gross capital formation (constant 2015 US$) in Ireland
Ireland: Gross capital formation (constant 2015 US$) was 121.15 billion constant 2015 US$ in 2025. ◆ Volatile
Latest (2025)
121.15 billion constant 2015 US$
Change on year
up 39.8%
World rank
25th
of 163 countries
All-time high
195.91 billion constant 2015 US$
in 2019
All-time low
8.74 billion constant 2015 US$
in 1970
Years of data
56
1970–2025
Gross capital formation in Ireland, 1970–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant 2015 US$.
Analysis
The most recent figure for gross capital formation in Ireland is 121.15 billion constant 2015 US$, measured in 2025.
The figure is up 39.8% on the previous year and up 53.7% over ten years.
Over the whole period, gross capital formation in Ireland peaked at 195.91 billion constant 2015 US$ in 2019 and was at its lowest, 8.74 billion constant 2015 US$, in 1970.
That places Ireland 25th out of 163 countries with data for 2025, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross capital formation (constant 2015 US$) in Ireland, year by year
| Year | constant 2015 US$ | Change |
|---|---|---|
| 1970 | 8.74 billion constant 2015 US$ | — |
| 1971 | 8.96 billion constant 2015 US$ | +2.5% |
| 1972 | 10.30 billion constant 2015 US$ | +15.1% |
| 1973 | 11.93 billion constant 2015 US$ | +15.7% |
| 1974 | 11.86 billion constant 2015 US$ | -0.6% |
| 1975 | 9.26 billion constant 2015 US$ | -21.9% |
| 1976 | 10.85 billion constant 2015 US$ | +17.2% |
| 1977 | 12.68 billion constant 2015 US$ | +16.9% |
| 1978 | 13.98 billion constant 2015 US$ | +10.3% |
| 1979 | 16.27 billion constant 2015 US$ | +16.4% |
| 1980 | 13.79 billion constant 2015 US$ | -15.2% |
| 1981 | 15.06 billion constant 2015 US$ | +9.2% |
| 1982 | 15.83 billion constant 2015 US$ | +5.1% |
| 1983 | 14.13 billion constant 2015 US$ | -10.7% |
| 1984 | 14.18 billion constant 2015 US$ | +0.3% |
| 1985 | 12.98 billion constant 2015 US$ | -8.5% |
| 1986 | 12.61 billion constant 2015 US$ | -2.8% |
| 1987 | 11.72 billion constant 2015 US$ | -7.0% |
| 1988 | 11.86 billion constant 2015 US$ | +1.2% |
| 1989 | 14.03 billion constant 2015 US$ | +18.3% |
| 1990 | 17.36 billion constant 2015 US$ | +23.8% |
| 1991 | 16.20 billion constant 2015 US$ | -6.7% |
| 1992 | 14.16 billion constant 2015 US$ | -12.6% |
| 1993 | 13.57 billion constant 2015 US$ | -4.1% |
| 1994 | 15.20 billion constant 2015 US$ | +12.0% |
| 1995 | 18.86 billion constant 2015 US$ | +24.1% |
| 1996 | 21.89 billion constant 2015 US$ | +16.1% |
| 1997 | 25.94 billion constant 2015 US$ | +18.5% |
| 1998 | 29.95 billion constant 2015 US$ | +15.5% |
| 1999 | 32.70 billion constant 2015 US$ | +9.2% |
| 2000 | 34.89 billion constant 2015 US$ | +6.7% |
| 2001 | 36.20 billion constant 2015 US$ | +3.7% |
| 2002 | 38.39 billion constant 2015 US$ | +6.1% |
| 2003 | 42.04 billion constant 2015 US$ | +9.5% |
| 2004 | 45.13 billion constant 2015 US$ | +7.4% |
| 2005 | 53.13 billion constant 2015 US$ | +17.7% |
| 2006 | 57.76 billion constant 2015 US$ | +8.7% |
| 2007 | 57.12 billion constant 2015 US$ | -1.1% |
| 2008 | 49.36 billion constant 2015 US$ | -13.6% |
| 2009 | 39.75 billion constant 2015 US$ | -19.5% |
| 2010 | 34.53 billion constant 2015 US$ | -13.1% |
| 2011 | 36.22 billion constant 2015 US$ | +4.9% |
| 2012 | 41.72 billion constant 2015 US$ | +15.2% |
| 2013 | 39.40 billion constant 2015 US$ | -5.6% |
| 2014 | 50.93 billion constant 2015 US$ | +29.3% |
| 2015 | 78.80 billion constant 2015 US$ | +54.7% |
| 2016 | 107.31 billion constant 2015 US$ | +36.2% |
| 2017 | 111.91 billion constant 2015 US$ | +4.3% |
| 2018 | 98.11 billion constant 2015 US$ | -12.3% |
| 2019 | 195.91 billion constant 2015 US$ | +99.7% |
| 2020 | 167.25 billion constant 2015 US$ | -14.6% |
| 2021 | 102.18 billion constant 2015 US$ | -38.9% |
| 2022 | 108.99 billion constant 2015 US$ | +6.7% |
| 2023 | 122.81 billion constant 2015 US$ | +12.7% |
| 2024 | 86.64 billion constant 2015 US$ | -29.5% |
| 2025 | 121.15 billion constant 2015 US$ | +39.8% |
Ireland compared with similar countries
- Ireland's 121.15 billion constant 2015 US$ is above the median for high income countries, which is 50.23 billion constant 2015 US$, 2.4× the median. (58 countries reporting)
- Ireland's 121.15 billion constant 2015 US$ is above the median for Europe & Central Asia, which is 21.86 billion constant 2015 US$, 5.5× the median. (47 countries reporting)
Biggest year-on-year movements
Years where Gross capital formation (constant 2015 US$) 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 |
|---|---|---|---|
| 2019 | +99.7% | 98.11 billion constant 2015 US$ | 195.91 billion constant 2015 US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 11.48 billion constant 2015 US$ | 8.74 billion constant 2015 US$ | 16.27 billion constant 2015 US$ | 10 |
| 1980s | 13.62 billion constant 2015 US$ | 11.72 billion constant 2015 US$ | 15.83 billion constant 2015 US$ | 10 |
| 1990s | 20.58 billion constant 2015 US$ | 13.57 billion constant 2015 US$ | 32.70 billion constant 2015 US$ | 10 |
| 2000s | 45.38 billion constant 2015 US$ | 34.89 billion constant 2015 US$ | 57.76 billion constant 2015 US$ | 10 |
| 2010s | 79.48 billion constant 2015 US$ | 34.53 billion constant 2015 US$ | 195.91 billion constant 2015 US$ | 10 |
| 2020s | 118.17 billion constant 2015 US$ | 86.64 billion constant 2015 US$ | 167.25 billion constant 2015 US$ | 6 |
Countries ranked near Ireland
- 22 United Arab Emirates 134.43 billion constant 2015 US$ compare
- 23 Poland 131.44 billion constant 2015 US$ compare
- 24 Belgium 126.47 billion constant 2015 US$ compare
- 26 Algeria 118.44 billion constant 2015 US$ compare
- 27 Singapore 106.08 billion constant 2015 US$ compare
- 28 Argentina 103.96 billion constant 2015 US$ 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)
- 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)
- IMF holdings of currency, US dollar, per unit of GDP 0.0048 units per US$ of GDP (2025)
Frequently asked questions
- What is gross capital formation in Ireland?
- Gross capital formation in Ireland was 121.15 billion constant 2015 US$ in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross capital formation recorded in Ireland?
- The highest recorded value was 195.91 billion constant 2015 US$ in 2019.
- What is the lowest gross capital formation recorded in Ireland?
- The lowest recorded value was 8.74 billion constant 2015 US$ in 1970.
- How does Ireland rank for gross capital formation?
- Ireland ranks 25th out of 163 countries with data for 2025.
- Is gross capital formation rising or falling in Ireland?
- Over the last ten years it is up 53.7%. The long-run trend across the full record is volatile.
- Where does this Ireland data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Gross capital formation (constant 2015 US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 56 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Gross capital formation includes acquisitions less disposals of produced assets for purposes of fixed capital formation, inventories or valuables. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.