Gross domestic savings in Ireland
Ireland: Gross domestic savings was 63.5% in 2025. ▲ Rising
Gross domestic savings in Ireland, 1970–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in % of GDP.
Analysis
Ireland recorded 63.5% for gross domestic savings in 2025.
That represents a change of up 5.0% on the previous year and up 13.1% over ten years.
Over the whole period, gross domestic savings in Ireland peaked at 64.7% in 2022 and was at its lowest, 11.1%, in 1981.
That places Ireland 3rd out of 188 countries with data for 2025, putting it in the top 10%.
The long-run direction has been consistently rising across the 56 years of available data.
Gross domestic savings in Ireland, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1970 | 13.6% | — |
| 1971 | 13.9% | +1.7% |
| 1972 | 16.9% | +22.2% |
| 1973 | 17.2% | +1.8% |
| 1974 | 11.4% | -33.6% |
| 1975 | 14.4% | +25.7% |
| 1976 | 14.6% | +1.4% |
| 1977 | 16.0% | +9.7% |
| 1978 | 16.3% | +2.1% |
| 1979 | 13.7% | -16.0% |
| 1980 | 11.3% | -17.3% |
| 1981 | 11.1% | -1.7% |
| 1982 | 17.6% | +58.1% |
| 1983 | 18.2% | +3.5% |
| 1984 | 19.7% | +8.3% |
| 1985 | 19.1% | -3.2% |
| 1986 | 18.6% | -2.9% |
| 1987 | 20.3% | +9.5% |
| 1988 | 22.0% | +8.5% |
| 1989 | 23.7% | +7.5% |
| 1990 | 25.6% | +8.0% |
| 1991 | 24.2% | -5.3% |
| 1992 | 24.0% | -0.8% |
| 1993 | 25.8% | +7.3% |
| 1994 | 26.1% | +1.4% |
| 1995 | 30.4% | +16.2% |
| 1996 | 30.7% | +1.0% |
| 1997 | 33.7% | +9.8% |
| 1998 | 35.9% | +6.5% |
| 1999 | 37.5% | +4.6% |
| 2000 | 38.3% | +2.2% |
| 2001 | 39.0% | +1.8% |
| 2002 | 39.6% | +1.6% |
| 2003 | 39.5% | -0.4% |
| 2004 | 40.1% | +1.5% |
| 2005 | 40.3% | +0.6% |
| 2006 | 40.0% | -0.9% |
| 2007 | 38.0% | -5.0% |
| 2008 | 33.0% | -13.2% |
| 2009 | 32.7% | -0.9% |
| 2010 | 34.0% | +4.1% |
| 2011 | 35.6% | +4.7% |
| 2012 | 37.2% | +4.4% |
| 2013 | 39.3% | +5.5% |
| 2014 | 42.5% | +8.2% |
| 2015 | 56.2% | +32.2% |
| 2016 | 54.7% | -2.7% |
| 2017 | 57.4% | +5.1% |
| 2018 | 58.1% | +1.1% |
| 2019 | 59.2% | +1.9% |
| 2020 | 62.6% | +5.8% |
| 2021 | 64.6% | +3.2% |
| 2022 | 64.7% | +0.2% |
| 2023 | 60.5% | -6.5% |
| 2024 | 60.5% | +0.0% |
| 2025 | 63.5% | +5.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 14.8% | 11.4% | 17.2% | 10 |
| 1980s | 18.2% | 11.1% | 23.7% | 10 |
| 1990s | 29.4% | 24.0% | 37.5% | 10 |
| 2000s | 38.0% | 32.7% | 40.3% | 10 |
| 2010s | 47.4% | 34.0% | 59.2% | 10 |
| 2020s | 62.7% | 60.5% | 64.7% | 6 |
Countries ranked near Ireland
- 1 Turkmenistan 79.0% compare
- 2 Qatar 67.6% compare
- 4 Singapore 58.7% compare
- 5 Macau, China 57.7% compare
- 6 Gabon 50.9% 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)
- Final consumption expenditure (constant 2015 US$), per capita 35,990 constant 2015 US$ per person (2025)
- Gross national expenditure (current US$), annual growth rate 21.94 % change on previous year (2025)
- Gross national expenditure (current US$), per unit of GDP 0.5939 current US$ per US$ of GDP (2025)
- Gross national expenditure (current US$), per capita 78,151 current US$ per person (2025)
- Gross national expenditure (current LCU), annual growth rate 16.8 % change on previous year (2025)
- Gross national expenditure (current LCU), per unit of GDP 0.5256 current LCU per US$ of GDP (2025)
- Gross national expenditure (current LCU), per capita 69,162 current LCU per person (2025)
- Gross national expenditure (constant 2015 US$), annual growth rate 14.64 % change on previous year (2025)
Frequently asked questions
- What is gross domestic savings in Ireland?
- Gross domestic savings in Ireland was 63.5% in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross domestic savings recorded in Ireland?
- The highest recorded value was 64.7% in 2022.
- What is the lowest gross domestic savings recorded in Ireland?
- The lowest recorded value was 11.1% in 1981.
- How does Ireland rank for gross domestic savings?
- Ireland ranks 3rd out of 188 countries with data for 2025.
- Is gross domestic savings rising or falling in Ireland?
- Over the last ten years it is up 13.1%. 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 domestic savings (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Gross domestic savings are calculated as GDP less final consumption expenditure (total consumption). 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.