Gross Domestic Product — Value Standard Local Currency, annual growth in Ireland
Ireland: Gross Domestic Product — Value Standard Local Currency, annual growth was 4.61 % change on previous year in 2024. ◆ Volatile
Gross Domestic Product — Value Standard Local Currency, annual growth in Ireland, 1971–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2024, gross domestic product — value standard local currency, annual growth in Ireland stood at 4.61 % change on previous year.
Compared with earlier readings it is up 318.5% on the previous year and down 52.1% over ten years.
Over the whole period, gross domestic product — value standard local currency, annual growth in Ireland peaked at 35.72 % change on previous year in 2015 and was at its lowest, -9.48 % change on previous year, in 2009.
Ireland ranks 157th of 218 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Domestic Product — Value Standard Local Currency, annual growth in Ireland, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 14.38 % change on previous year | — |
| 1972 | 20.74 % change on previous year | +44.3% |
| 1973 | 20.72 % change on previous year | -0.1% |
| 1974 | 10.61 % change on previous year | -48.8% |
| 1975 | 26.93 % change on previous year | +153.9% |
| 1976 | 22.71 % change on previous year | -15.7% |
| 1977 | 22.57 % change on previous year | -0.6% |
| 1978 | 18.47 % change on previous year | -18.2% |
| 1979 | 17.17 % change on previous year | -7.0% |
| 1980 | 18.24 % change on previous year | +6.2% |
| 1981 | 21.35 % change on previous year | +17.1% |
| 1982 | 17.81 % change on previous year | -16.6% |
| 1983 | 10.44 % change on previous year | -41.4% |
| 1984 | 11.01 % change on previous year | +5.5% |
| 1985 | 8.43 % change on previous year | -23.4% |
| 1986 | 6.09 % change on previous year | -27.7% |
| 1987 | 6.96 % change on previous year | +14.3% |
| 1988 | 8.63 % change on previous year | +24.0% |
| 1989 | 11.66 % change on previous year | +35.0% |
| 1990 | 7.68 % change on previous year | -34.2% |
| 1991 | 3.77 % change on previous year | -50.9% |
| 1992 | 6.25 % change on previous year | +65.9% |
| 1993 | 8.01 % change on previous year | +28.1% |
| 1994 | 7.55 % change on previous year | -5.7% |
| 1995 | 12.96 % change on previous year | +71.7% |
| 1996 | 9.84 % change on previous year | -24.1% |
| 1997 | 15.38 % change on previous year | +56.3% |
| 1998 | 15.89 % change on previous year | +3.3% |
| 1999 | 15.37 % change on previous year | -3.3% |
| 2000 | 16.92 % change on previous year | +10.1% |
| 2001 | 12.53 % change on previous year | -26.0% |
| 2002 | 11.39 % change on previous year | -9.1% |
| 2003 | 7.04 % change on previous year | -38.2% |
| 2004 | 7.34 % change on previous year | +4.2% |
| 2005 | 8.99 % change on previous year | +22.5% |
| 2006 | 8.58 % change on previous year | -4.6% |
| 2007 | 6.57 % change on previous year | -23.4% |
| 2008 | -4.97 % change on previous year | -175.6% |
| 2009 | -9.48 % change on previous year | +91.0% |
| 2010 | -1.22 % change on previous year | -87.1% |
| 2011 | 3.54 % change on previous year | -389.7% |
| 2012 | 2.03 % change on previous year | -42.8% |
| 2013 | 3.56 % change on previous year | +75.7% |
| 2014 | 9.62 % change on previous year | +170.2% |
| 2015 | 35.72 % change on previous year | +271.2% |
| 2016 | 1.34 % change on previous year | -96.2% |
| 2017 | 11.7 % change on previous year | +770.8% |
| 2018 | 8.54 % change on previous year | -27.0% |
| 2019 | 8.6 % change on previous year | +0.8% |
| 2020 | 5.1 % change on previous year | -40.8% |
| 2021 | 17.53 % change on previous year | +244.1% |
| 2022 | 15.97 % change on previous year | -8.9% |
| 2023 | -2.11 % change on previous year | -113.2% |
| 2024 | 4.61 % change on previous year | -318.5% |
Biggest year-on-year movements
Years where Gross Domestic Product — Value Standard Local Currency, annual growth 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 |
|---|---|---|---|
| 2017 | +770.8% | 1.34 % change on previous year | 11.7 % change on previous year |
| 2011 | +389.7% | -1.22 % change on previous year | 3.54 % change on previous year |
| 2024 | +318.5% | -2.11 % change on previous year | 4.61 % change on previous year |
| 2015 | +271.2% | 9.62 % change on previous year | 35.72 % change on previous year |
| 2021 | +244.1% | 5.1 % change on previous year | 17.53 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 19.37 % change on previous year | 10.61 % change on previous year | 26.93 % change on previous year | 9 |
| 1980s | 12.06 % change on previous year | 6.09 % change on previous year | 21.35 % change on previous year | 10 |
| 1990s | 10.27 % change on previous year | 3.77 % change on previous year | 15.89 % change on previous year | 10 |
| 2000s | 6.49 % change on previous year | -9.48 % change on previous year | 16.92 % change on previous year | 10 |
| 2010s | 8.34 % change on previous year | -1.22 % change on previous year | 35.72 % change on previous year | 10 |
| 2020s | 8.22 % change on previous year | -2.11 % change on previous year | 17.53 % change on previous year | 5 |
Countries ranked near Ireland
- 154 Bermuda 4.67 % change on previous year compare
- 155 Greenland 4.64 % change on previous year compare
- 156 Canada 4.61 % change on previous year compare
- 158 New Caledonia 4.57 % change on previous year compare
- 159 Dominica 4.49 % change on previous year compare
- 160 United Arab Emirates 4.46 % 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 — value standard local currency, annual growth in Ireland?
- Gross domestic product — value standard local currency, annual growth in Ireland was 4.61 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gross domestic product — value standard local currency, annual growth recorded in Ireland?
- The highest recorded value was 35.72 % change on previous year in 2015.
- What is the lowest gross domestic product — value standard local currency, annual growth recorded in Ireland?
- The lowest recorded value was -9.48 % change on previous year in 2009.
- How does Ireland rank for gross domestic product — value standard local currency, annual growth?
- Ireland ranks 157th out of 218 countries with data for 2024.
- Is gross domestic product — value standard local currency, annual growth rising or falling in Ireland?
- Over the last ten years it is down 52.1%. 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 — Value Standard Local Currency, annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 54 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 — Value Standard Local Currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross Domestic Product — Value Standard Local Currency Food and Agriculture Organization of the United Nations
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 — Value Standard Local Currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.