Gross capital formation in Ireland
Ireland: Gross capital formation was 22.9% in 2025. ▲ Rising
Gross capital formation in Ireland, 1970–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in % of GDP.
Analysis
In 2025, gross capital formation in Ireland stood at 22.9%.
That represents a change of up 25.7% on the previous year and down 12.1% over ten years.
Over the whole period, gross capital formation in Ireland peaked at 53.7% in 2019 and was at its lowest, 15.5%, in 1993.
Ireland ranks 97th of 187 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 56 years of available data.
Gross capital formation in Ireland, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1970 | 24.0% | — |
| 1971 | 23.5% | -2.0% |
| 1972 | 24.6% | +4.5% |
| 1973 | 26.3% | +7.1% |
| 1974 | 28.5% | +8.2% |
| 1975 | 22.9% | -19.6% |
| 1976 | 24.9% | +8.8% |
| 1977 | 27.4% | +9.9% |
| 1978 | 28.5% | +4.0% |
| 1979 | 32.4% | +13.7% |
| 1980 | 27.3% | -15.7% |
| 1981 | 27.8% | +2.0% |
| 1982 | 27.2% | -2.1% |
| 1983 | 23.4% | -14.2% |
| 1984 | 22.3% | -4.5% |
| 1985 | 19.6% | -12.3% |
| 1986 | 18.4% | -6.1% |
| 1987 | 16.7% | -8.9% |
| 1988 | 16.3% | -2.5% |
| 1989 | 18.4% | +12.8% |
| 1990 | 21.5% | +16.9% |
| 1991 | 19.7% | -8.6% |
| 1992 | 16.6% | -15.4% |
| 1993 | 15.5% | -7.0% |
| 1994 | 16.5% | +6.8% |
| 1995 | 18.9% | +14.3% |
| 1996 | 20.5% | +8.8% |
| 1997 | 22.2% | +8.3% |
| 1998 | 24.1% | +8.4% |
| 1999 | 24.6% | +2.2% |
| 2000 | 24.5% | -0.5% |
| 2001 | 24.3% | -1.0% |
| 2002 | 24.1% | -0.7% |
| 2003 | 25.7% | +6.9% |
| 2004 | 27.2% | +5.7% |
| 2005 | 30.3% | +11.4% |
| 2006 | 31.9% | +5.2% |
| 2007 | 29.2% | -8.3% |
| 2008 | 24.7% | -15.7% |
| 2009 | 20.3% | -17.7% |
| 2010 | 17.3% | -14.8% |
| 2011 | 17.1% | -1.1% |
| 2012 | 19.9% | +16.3% |
| 2013 | 18.4% | -7.7% |
| 2014 | 21.9% | +19.4% |
| 2015 | 26.1% | +18.9% |
| 2016 | 35.6% | +36.6% |
| 2017 | 34.0% | -4.5% |
| 2018 | 28.2% | -17.2% |
| 2019 | 53.7% | +90.6% |
| 2020 | 42.6% | -20.7% |
| 2021 | 23.0% | -45.9% |
| 2022 | 22.9% | -0.6% |
| 2023 | 26.7% | +16.5% |
| 2024 | 18.2% | -31.5% |
| 2025 | 22.9% | +25.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 26.3% | 22.9% | 32.4% | 10 |
| 1980s | 21.8% | 16.3% | 27.8% | 10 |
| 1990s | 20.0% | 15.5% | 24.6% | 10 |
| 2000s | 26.2% | 20.3% | 31.9% | 10 |
| 2010s | 27.2% | 17.1% | 53.7% | 10 |
| 2020s | 26.1% | 18.2% | 42.6% | 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)
- Gross capital formation (current US$), annual growth rate 48.88 % change on previous year (2025)
- Gross capital formation (current US$), per unit of GDP 0.2293 current US$ per US$ of GDP (2025)
- Gross capital formation (current US$), per capita 30,177 current US$ per person (2025)
- Gross capital formation (current LCU), annual growth rate 42.61 % change on previous year (2025)
- Gross capital formation (current LCU), per unit of GDP 0.2029 current LCU per US$ of GDP (2025)
- Gross capital formation (current LCU), per capita 26,706 current LCU per person (2025)
- 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)
Frequently asked questions
- What is gross capital formation in Ireland?
- Gross capital formation in Ireland was 22.9% 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 53.7% in 2019.
- What is the lowest gross capital formation recorded in Ireland?
- The lowest recorded value was 15.5% in 1993.
- How does Ireland rank for gross capital formation?
- Ireland ranks 97th out of 187 countries with data for 2025.
- Is gross capital formation rising or falling in Ireland?
- Over the last ten years it is down 12.1%. The long-run trend across the full record is rising.
- 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 (% of GDP). 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 as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.