Gross capital formation (current US$) in Ireland
Ireland: Gross capital formation (current US$) was 165.50 billion current US$ in 2025. ◆ Volatile
Latest (2025)
165.50 billion current US$
Change on year
up 48.9%
World rank
24th
of 187 countries
All-time high
218.68 billion current US$
in 2019
All-time low
1.06 billion current 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 current US$.
Analysis
Ireland recorded 165.50 billion current US$ for gross capital formation in 2025.
The figure is up 48.9% on the previous year and up 110.0% over ten years.
Over the whole period, gross capital formation in Ireland peaked at 218.68 billion current US$ in 2019 and was at its lowest, 1.06 billion current US$, in 1970.
Ireland ranks 24th of 187 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross capital formation (current US$) in Ireland, year by year
| Year | current US$ | Change |
|---|---|---|
| 1970 | 1.06 billion current US$ | — |
| 1971 | 1.20 billion current US$ | +13.7% |
| 1972 | 1.55 billion current US$ | +29.4% |
| 1973 | 1.97 billion current US$ | +26.8% |
| 1974 | 2.25 billion current US$ | +14.2% |
| 1975 | 2.17 billion current US$ | -3.4% |
| 1976 | 2.36 billion current US$ | +8.5% |
| 1977 | 3.08 billion current US$ | +30.8% |
| 1978 | 4.17 billion current US$ | +35.4% |
| 1979 | 5.94 billion current US$ | +42.2% |
| 1980 | 5.94 billion current US$ | +0.0% |
| 1981 | 5.75 billion current US$ | -3.1% |
| 1982 | 5.85 billion current US$ | +1.7% |
| 1983 | 4.85 billion current US$ | -17.0% |
| 1984 | 4.49 billion current US$ | -7.5% |
| 1985 | 4.16 billion current US$ | -7.2% |
| 1986 | 5.28 billion current US$ | +26.7% |
| 1987 | 5.68 billion current US$ | +7.6% |
| 1988 | 6.16 billion current US$ | +8.6% |
| 1989 | 7.22 billion current US$ | +17.2% |
| 1990 | 10.61 billion current US$ | +46.9% |
| 1991 | 9.79 billion current US$ | -7.7% |
| 1992 | 9.30 billion current US$ | -5.0% |
| 1993 | 8.11 billion current US$ | -12.8% |
| 1994 | 9.43 billion current US$ | +16.3% |
| 1995 | 13.05 billion current US$ | +38.4% |
| 1996 | 15.56 billion current US$ | +19.2% |
| 1997 | 18.42 billion current US$ | +18.4% |
| 1998 | 21.74 billion current US$ | +18.0% |
| 1999 | 24.36 billion current US$ | +12.1% |
| 2000 | 24.56 billion current US$ | +0.8% |
| 2001 | 26.52 billion current US$ | +8.0% |
| 2002 | 30.97 billion current US$ | +16.8% |
| 2003 | 42.39 billion current US$ | +36.9% |
| 2004 | 52.90 billion current US$ | +24.8% |
| 2005 | 64.22 billion current US$ | +21.4% |
| 2006 | 74.05 billion current US$ | +15.3% |
| 2007 | 78.99 billion current US$ | +6.7% |
| 2008 | 67.94 billion current US$ | -14.0% |
| 2009 | 48.01 billion current US$ | -29.3% |
| 2010 | 38.34 billion current US$ | -20.1% |
| 2011 | 41.22 billion current US$ | +7.5% |
| 2012 | 45.13 billion current US$ | +9.5% |
| 2013 | 44.61 billion current US$ | -1.1% |
| 2014 | 58.46 billion current US$ | +31.0% |
| 2015 | 78.80 billion current US$ | +34.8% |
| 2016 | 108.82 billion current US$ | +38.1% |
| 2017 | 118.56 billion current US$ | +8.9% |
| 2018 | 111.51 billion current US$ | -5.9% |
| 2019 | 218.68 billion current US$ | +96.1% |
| 2020 | 185.70 billion current US$ | -15.1% |
| 2021 | 122.16 billion current US$ | -34.2% |
| 2022 | 125.48 billion current US$ | +2.7% |
| 2023 | 151.25 billion current US$ | +20.5% |
| 2024 | 111.16 billion current US$ | -26.5% |
| 2025 | 165.50 billion current US$ | +48.9% |
Ireland compared with similar countries
- Ireland's 165.50 billion current US$ is above the median for high income countries, which is 48.39 billion current US$, 3.4× the median. (67 countries reporting)
- Ireland's 165.50 billion current US$ is above the median for Europe & Central Asia, which is 29.72 billion current US$, 5.6× the median. (52 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 2.57 billion current US$ | 1.06 billion current US$ | 5.94 billion current US$ | 10 |
| 1980s | 5.54 billion current US$ | 4.16 billion current US$ | 7.22 billion current US$ | 10 |
| 1990s | 14.04 billion current US$ | 8.11 billion current US$ | 24.36 billion current US$ | 10 |
| 2000s | 51.06 billion current US$ | 24.56 billion current US$ | 78.99 billion current US$ | 10 |
| 2010s | 86.41 billion current US$ | 38.34 billion current US$ | 218.68 billion current US$ | 10 |
| 2020s | 143.54 billion current US$ | 111.16 billion current US$ | 185.70 billion current US$ | 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)
- 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 165.50 billion current 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 218.68 billion current US$ in 2019.
- What is the lowest gross capital formation recorded in Ireland?
- The lowest recorded value was 1.06 billion current US$ in 1970.
- How does Ireland rank for gross capital formation?
- Ireland ranks 24th 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 110.0%. 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 US$). Statizoid updates them automatically from the source API.
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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 indicator is expressed in United States dollars.