Gross fixed capital formation in Ireland
Ireland: Gross fixed capital formation was 142.02 billion current LCU in 2025. ◆ Volatile
Gross fixed capital formation in Ireland, 1970–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.
Analysis
Ireland recorded 142.02 billion current LCU for gross fixed capital formation in 2025.
Compared with earlier readings it is up 45.5% on the previous year and up 114.8% over ten years.
Over the whole period, gross fixed capital formation in Ireland peaked at 193.56 billion current LCU in 2019 and was at its lowest, 522.72 million current LCU, in 1970.
Ireland ranks 106th of 181 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 fixed capital formation in Ireland, year by year
| Year | current LCU | Change |
|---|---|---|
| 1970 | 522.72 million current LCU | — |
| 1971 | 621.59 million current LCU | +18.9% |
| 1972 | 751.38 million current LCU | +20.9% |
| 1973 | 967.70 million current LCU | +28.8% |
| 1974 | 1.04 billion current LCU | +7.9% |
| 1975 | 1.22 billion current LCU | +17.1% |
| 1976 | 1.65 billion current LCU | +35.1% |
| 1977 | 2.00 billion current LCU | +21.3% |
| 1978 | 2.65 billion current LCU | +32.3% |
| 1979 | 3.42 billion current LCU | +29.2% |
| 1980 | 3.80 billion current LCU | +10.9% |
| 1981 | 4.78 billion current LCU | +25.8% |
| 1982 | 5.03 billion current LCU | +5.3% |
| 1983 | 4.85 billion current LCU | -3.6% |
| 1984 | 4.99 billion current LCU | +2.8% |
| 1985 | 4.80 billion current LCU | -3.7% |
| 1986 | 4.81 billion current LCU | +0.2% |
| 1987 | 4.87 billion current LCU | +1.1% |
| 1988 | 5.38 billion current LCU | +10.6% |
| 1989 | 6.27 billion current LCU | +16.5% |
| 1990 | 7.27 billion current LCU | +16.0% |
| 1991 | 6.91 billion current LCU | -5.0% |
| 1992 | 7.22 billion current LCU | +4.5% |
| 1993 | 7.17 billion current LCU | -0.7% |
| 1994 | 8.23 billion current LCU | +14.8% |
| 1995 | 9.90 billion current LCU | +20.2% |
| 1996 | 11.92 billion current LCU | +20.5% |
| 1997 | 14.61 billion current LCU | +22.5% |
| 1998 | 18.12 billion current LCU | +24.0% |
| 1999 | 22.42 billion current LCU | +23.7% |
| 2000 | 25.76 billion current LCU | +14.9% |
| 2001 | 29.22 billion current LCU | +13.5% |
| 2002 | 32.09 billion current LCU | +9.8% |
| 2003 | 36.26 billion current LCU | +13.0% |
| 2004 | 42.11 billion current LCU | +16.1% |
| 2005 | 50.80 billion current LCU | +20.6% |
| 2006 | 57.30 billion current LCU | +12.8% |
| 2007 | 56.57 billion current LCU | -1.3% |
| 2008 | 46.53 billion current LCU | -17.8% |
| 2009 | 35.88 billion current LCU | -22.9% |
| 2010 | 29.42 billion current LCU | -18.0% |
| 2011 | 28.68 billion current LCU | -2.5% |
| 2012 | 34.45 billion current LCU | +20.1% |
| 2013 | 33.43 billion current LCU | -3.0% |
| 2014 | 40.50 billion current LCU | +21.2% |
| 2015 | 66.11 billion current LCU | +63.2% |
| 2016 | 94.12 billion current LCU | +42.4% |
| 2017 | 100.14 billion current LCU | +6.4% |
| 2018 | 93.50 billion current LCU | -6.6% |
| 2019 | 193.56 billion current LCU | +107.0% |
| 2020 | 157.99 billion current LCU | -18.4% |
| 2021 | 99.01 billion current LCU | -37.3% |
| 2022 | 110.10 billion current LCU | +11.2% |
| 2023 | 130.60 billion current LCU | +18.6% |
| 2024 | 97.63 billion current LCU | -25.2% |
| 2025 | 142.02 billion current LCU | +45.5% |
Ireland compared with similar countries
- Ireland's 142.02 billion current LCU is below the median for high income countries, which is 147.41 billion current LCU, 96% of the median. (64 countries reporting)
- Ireland's 142.02 billion current LCU is below the median for Europe & Central Asia, which is 153.41 billion current LCU, 93% of the median. (51 countries reporting)
Biggest year-on-year movements
Years where Gross fixed capital formation 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 |
|---|---|---|---|
| 2019 | +107.0% | 93.50 billion current LCU | 193.56 billion current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1.49 billion current LCU | 522.72 million current LCU | 3.42 billion current LCU | 10 |
| 1980s | 4.96 billion current LCU | 3.80 billion current LCU | 6.27 billion current LCU | 10 |
| 1990s | 11.38 billion current LCU | 6.91 billion current LCU | 22.42 billion current LCU | 10 |
| 2000s | 41.25 billion current LCU | 25.76 billion current LCU | 57.30 billion current LCU | 10 |
| 2010s | 71.39 billion current LCU | 28.68 billion current LCU | 193.56 billion current LCU | 10 |
| 2020s | 122.89 billion current LCU | 97.63 billion current LCU | 157.99 billion current LCU | 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)
- 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 fixed capital formation in Ireland?
- Gross fixed capital formation in Ireland was 142.02 billion current LCU in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross fixed capital formation recorded in Ireland?
- The highest recorded value was 193.56 billion current LCU in 2019.
- What is the lowest gross fixed capital formation recorded in Ireland?
- The lowest recorded value was 522.72 million current LCU in 1970.
- How does Ireland rank for gross fixed capital formation?
- Ireland ranks 106th out of 181 countries with data for 2025.
- Is gross fixed capital formation rising or falling in Ireland?
- Over the last ten years it is up 114.8%. 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 fixed capital formation (current LCU). Statizoid updates them automatically from the source API.
Download this data
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About this data
Gross fixed capital formation includes acquisitions less disposals of fixed assets during the accounting period, including certain specified expenditures on services that add to the value of non-produced assets. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.