Gross domestic product (GDP), annual growth rate in Ireland
Ireland: Gross domestic product (GDP), annual growth rate was -8.44 % change on previous year in 2023. ◆ Volatile
Latest (2023)
-8.44 % change on previous year
Change on year
down 187.9%
World rank
179th
of 184 countries
All-time high
32.39 % change on previous year
in 2015
All-time low
-8.44 % change on previous year
in 2023
Years of data
73
1951–2023
Gross domestic product (GDP), annual growth rate in Ireland, 1951–2023
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2023, gross domestic product (gdp), annual growth rate in Ireland stood at -8.44 % change on previous year. That is the lowest value across all 73 years on record.
Compared with earlier readings it is down 187.9% on the previous year and down 1,182.0% over ten years.
Over the whole period, gross domestic product (gdp), annual growth rate in Ireland peaked at 32.39 % change on previous year in 2015 and was at its lowest, -8.44 % change on previous year, in 2023.
That places Ireland 179th out of 184 countries with data for 2023, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross domestic product (GDP), annual growth rate in Ireland, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1951 | 1.21 % change on previous year | — |
| 1952 | 3.78 % change on previous year | +212.0% |
| 1953 | 2.29 % change on previous year | -39.4% |
| 1954 | 1.27 % change on previous year | -44.5% |
| 1955 | 2.36 % change on previous year | +85.3% |
| 1956 | -1.16 % change on previous year | -149.2% |
| 1957 | -0.4616 % change on previous year | -60.2% |
| 1958 | -1.63 % change on previous year | +253.1% |
| 1959 | 3.8 % change on previous year | -333.1% |
| 1960 | 5.08 % change on previous year | +33.8% |
| 1961 | 4.53 % change on previous year | -10.9% |
| 1962 | 2.5 % change on previous year | -44.7% |
| 1963 | 4.66 % change on previous year | +86.2% |
| 1964 | 3.04 % change on previous year | -34.8% |
| 1965 | 1.43 % change on previous year | -52.9% |
| 1966 | 1.65 % change on previous year | +15.2% |
| 1967 | 5.95 % change on previous year | +261.1% |
| 1968 | 7.7 % change on previous year | +29.4% |
| 1969 | 4.85 % change on previous year | -37.0% |
| 1970 | 1.53 % change on previous year | -68.6% |
| 1971 | 3.45 % change on previous year | +126.0% |
| 1972 | 7.65 % change on previous year | +121.7% |
| 1973 | 5.78 % change on previous year | -24.4% |
| 1974 | 2.52 % change on previous year | -56.5% |
| 1975 | 4.95 % change on previous year | +96.7% |
| 1976 | 4.39 % change on previous year | -11.2% |
| 1977 | 9.84 % change on previous year | +123.9% |
| 1978 | 9.58 % change on previous year | -2.6% |
| 1979 | 5.25 % change on previous year | -45.2% |
| 1980 | 4.68 % change on previous year | -10.8% |
| 1981 | 1.5 % change on previous year | -68.0% |
| 1982 | 0.9107 % change on previous year | -39.1% |
| 1983 | -1.86 % change on previous year | -304.0% |
| 1984 | 2.1 % change on previous year | -213.0% |
| 1985 | 0.2911 % change on previous year | -86.1% |
| 1986 | 6.16 % change on previous year | +2017.3% |
| 1987 | 6.89 % change on previous year | +11.7% |
| 1988 | 4.12 % change on previous year | -40.2% |
| 1989 | 6.47 % change on previous year | +57.3% |
| 1990 | 7.93 % change on previous year | +22.6% |
| 1991 | 1.66 % change on previous year | -79.1% |
| 1992 | 6.86 % change on previous year | +313.0% |
| 1993 | 6.08 % change on previous year | -11.3% |
| 1994 | 4.87 % change on previous year | -19.9% |
| 1995 | 14.04 % change on previous year | +188.2% |
| 1996 | 7.88 % change on previous year | -43.9% |
| 1997 | 11.73 % change on previous year | +48.9% |
| 1998 | 9.64 % change on previous year | -17.8% |
| 1999 | 9.53 % change on previous year | -1.1% |
| 2000 | 12.09 % change on previous year | +26.8% |
| 2001 | 7.6 % change on previous year | -37.1% |
| 2002 | 13.14 % change on previous year | +72.9% |
| 2003 | 8.62 % change on previous year | -34.4% |
| 2004 | 5.53 % change on previous year | -35.9% |
| 2005 | 9.21 % change on previous year | +66.4% |
| 2006 | 1.86 % change on previous year | -79.8% |
| 2007 | 10.57 % change on previous year | +467.3% |
| 2008 | -4.81 % change on previous year | -145.5% |
| 2009 | -2.69 % change on previous year | -44.0% |
| 2010 | 1.38 % change on previous year | -151.1% |
| 2011 | 3.73 % change on previous year | +170.7% |
| 2012 | 1.13 % change on previous year | -69.8% |
| 2013 | 0.7804 % change on previous year | -30.6% |
| 2014 | 9.07 % change on previous year | +1062.6% |
| 2015 | 32.39 % change on previous year | +257.1% |
| 2016 | 5.7 % change on previous year | -82.4% |
| 2017 | 9.43 % change on previous year | +65.5% |
| 2018 | 4.18 % change on previous year | -55.7% |
| 2019 | 14.91 % change on previous year | +256.5% |
| 2020 | 5.45 % change on previous year | -63.5% |
| 2021 | 12.89 % change on previous year | +136.8% |
| 2022 | 9.61 % change on previous year | -25.5% |
| 2023 | -8.44 % change on previous year | -187.9% |
Biggest year-on-year movements
Years where Gross domestic product (GDP), annual growth rate 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 |
|---|---|---|---|
| 1986 | +2017.3% | 0.2911 % change on previous year | 6.16 % change on previous year |
| 2014 | +1062.6% | 0.7804 % change on previous year | 9.07 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1950s | 1.27 % change on previous year | -1.63 % change on previous year | 3.8 % change on previous year | 9 |
| 1960s | 4.14 % change on previous year | 1.43 % change on previous year | 7.7 % change on previous year | 10 |
| 1970s | 5.49 % change on previous year | 1.53 % change on previous year | 9.84 % change on previous year | 10 |
| 1980s | 3.13 % change on previous year | -1.86 % change on previous year | 6.89 % change on previous year | 10 |
| 1990s | 8.02 % change on previous year | 1.66 % change on previous year | 14.04 % change on previous year | 10 |
| 2000s | 6.11 % change on previous year | -4.81 % change on previous year | 13.14 % change on previous year | 10 |
| 2010s | 8.27 % change on previous year | 0.7804 % change on previous year | 32.39 % change on previous year | 10 |
| 2020s | 4.88 % change on previous year | -8.44 % change on previous year | 12.89 % change on previous year | 4 |
Countries ranked near Ireland
- 176 Estonia -6.45 % change on previous year compare
- 177 Yemen -6.74 % change on previous year compare
- 178 Bahrain -7.84 % change on previous year compare
- 180 Antigua and Barbuda -8.49 % change on previous year compare
- 181 Sudan -13.97 % change on previous year compare
- 182 Moldova -20.29 % change on previous year 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)
- 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 domestic product (gdp), annual growth rate in Ireland?
- Gross domestic product (gdp), annual growth rate in Ireland was -8.44 % change on previous year in 2023, according to Statizoid (derived).
- What is the highest gross domestic product (gdp), annual growth rate recorded in Ireland?
- The highest recorded value was 32.39 % change on previous year in 2015.
- What is the lowest gross domestic product (gdp), annual growth rate recorded in Ireland?
- The lowest recorded value was -8.44 % change on previous year in 2023.
- How does Ireland rank for gross domestic product (gdp), annual growth rate?
- Ireland ranks 179th out of 184 countries with data for 2023.
- Is gross domestic product (gdp), annual growth rate rising or falling in Ireland?
- Over the last ten years it is down 1,182.0%. The long-run trend across the full record is volatile.
- Where does this Ireland data come from?
- The figures come from Statizoid (derived), published as part of Gross domestic product (GDP), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 73 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Gross domestic product (GDP). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross domestic product (GDP) Feenstra et al. – Penn World Table (2025) – with major processing by Our World in Data
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Gross domestic product (GDP). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.