Gross capital formation in Ireland
Ireland: Gross capital formation was 146.46 billion current LCU in 2025. ◆ Volatile
Latest (2025)
146.46 billion current LCU
Change on year
up 42.6%
World rank
108th
of 187 countries
All-time high
195.34 billion current LCU
in 2019
All-time low
558.54 million current LCU
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 current LCU.
Analysis
The most recent figure for gross capital formation in Ireland is 146.46 billion current LCU, measured in 2025.
Compared with earlier readings it is up 42.6% on the previous year and up 106.2% over ten years.
Over the whole period, gross capital formation in Ireland peaked at 195.34 billion current LCU in 2019 and was at its lowest, 558.54 million current LCU, in 1970.
That places Ireland 108th out of 187 countries with data for 2025, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross capital formation in Ireland, year by year
| Year | current LCU | Change |
|---|---|---|
| 1970 | 558.54 million current LCU | — |
| 1971 | 626.15 million current LCU | +12.1% |
| 1972 | 789.70 million current LCU | +26.1% |
| 1973 | 1.02 billion current LCU | +29.3% |
| 1974 | 1.22 billion current LCU | +19.6% |
| 1975 | 1.25 billion current LCU | +2.1% |
| 1976 | 1.66 billion current LCU | +33.5% |
| 1977 | 2.24 billion current LCU | +34.7% |
| 1978 | 2.76 billion current LCU | +23.2% |
| 1979 | 3.68 billion current LCU | +33.3% |
| 1980 | 3.67 billion current LCU | -0.4% |
| 1981 | 4.54 billion current LCU | +23.7% |
| 1982 | 5.24 billion current LCU | +15.3% |
| 1983 | 4.96 billion current LCU | -5.3% |
| 1984 | 5.26 billion current LCU | +6.0% |
| 1985 | 5.00 billion current LCU | -4.9% |
| 1986 | 4.98 billion current LCU | -0.4% |
| 1987 | 4.85 billion current LCU | -2.6% |
| 1988 | 5.14 billion current LCU | +5.9% |
| 1989 | 6.47 billion current LCU | +26.0% |
| 1990 | 8.15 billion current LCU | +25.9% |
| 1991 | 7.73 billion current LCU | -5.2% |
| 1992 | 6.94 billion current LCU | -10.1% |
| 1993 | 6.97 billion current LCU | +0.4% |
| 1994 | 8.01 billion current LCU | +14.8% |
| 1995 | 10.33 billion current LCU | +29.1% |
| 1996 | 12.35 billion current LCU | +19.5% |
| 1997 | 15.43 billion current LCU | +24.9% |
| 1998 | 19.38 billion current LCU | +25.6% |
| 1999 | 22.86 billion current LCU | +17.9% |
| 2000 | 26.59 billion current LCU | +16.3% |
| 2001 | 29.61 billion current LCU | +11.4% |
| 2002 | 32.75 billion current LCU | +10.6% |
| 2003 | 37.48 billion current LCU | +14.4% |
| 2004 | 42.53 billion current LCU | +13.5% |
| 2005 | 51.62 billion current LCU | +21.4% |
| 2006 | 58.98 billion current LCU | +14.3% |
| 2007 | 57.64 billion current LCU | -2.3% |
| 2008 | 46.20 billion current LCU | -19.9% |
| 2009 | 34.42 billion current LCU | -25.5% |
| 2010 | 28.92 billion current LCU | -16.0% |
| 2011 | 29.61 billion current LCU | +2.4% |
| 2012 | 35.13 billion current LCU | +18.6% |
| 2013 | 33.59 billion current LCU | -4.4% |
| 2014 | 44.00 billion current LCU | +31.0% |
| 2015 | 71.02 billion current LCU | +61.4% |
| 2016 | 98.31 billion current LCU | +38.4% |
| 2017 | 104.95 billion current LCU | +6.8% |
| 2018 | 94.42 billion current LCU | -10.0% |
| 2019 | 195.34 billion current LCU | +106.9% |
| 2020 | 162.58 billion current LCU | -16.8% |
| 2021 | 103.28 billion current LCU | -36.5% |
| 2022 | 119.16 billion current LCU | +15.4% |
| 2023 | 139.88 billion current LCU | +17.4% |
| 2024 | 102.70 billion current LCU | -26.6% |
| 2025 | 146.46 billion current LCU | +42.6% |
Ireland compared with similar countries
- Ireland's 146.46 billion current LCU is above the median for high income countries, which is 146.46 billion current LCU, 1.0× the median. (67 countries reporting)
- Ireland's 146.46 billion current LCU is below the median for Europe & Central Asia, which is 155.88 billion current LCU, 94% of the median. (52 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1.58 billion current LCU | 558.54 million current LCU | 3.68 billion current LCU | 10 |
| 1980s | 5.01 billion current LCU | 3.67 billion current LCU | 6.47 billion current LCU | 10 |
| 1990s | 11.81 billion current LCU | 6.94 billion current LCU | 22.86 billion current LCU | 10 |
| 2000s | 41.78 billion current LCU | 26.59 billion current LCU | 58.98 billion current LCU | 10 |
| 2010s | 73.53 billion current LCU | 28.92 billion current LCU | 195.34 billion current LCU | 10 |
| 2020s | 129.01 billion current LCU | 102.70 billion current LCU | 162.58 billion current LCU | 6 |
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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 67.14 billion BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.1102 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 12,444 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 4.82 billion BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual 103.44 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0079 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 893.09 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate 7.57 % change on previous year (2025)
Frequently asked questions
- What is gross capital formation in Ireland?
- Gross capital formation in Ireland was 146.46 billion current LCU 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 195.34 billion current LCU in 2019.
- What is the lowest gross capital formation recorded in Ireland?
- The lowest recorded value was 558.54 million current LCU in 1970.
- How does Ireland rank for gross capital formation?
- Ireland ranks 108th out of 187 countries with data for 2025.
- Is gross capital formation rising or falling in Ireland?
- Over the last ten years it is up 106.2%. 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 (current LCU). Statizoid updates them automatically from the source API.
Download this data
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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 current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.