Gross fixed capital formation in Ireland
Ireland: Gross fixed capital formation was 160.48 billion current US$ in 2025. ◆ Volatile
Latest (2025)
160.48 billion current US$
Change on year
up 51.9%
World rank
24th
of 181 countries
All-time high
216.68 billion current US$
in 2019
All-time low
987.94 million current US$
in 1970
Years of data
56
1970–2025
Gross fixed capital formation in Ireland, 1970–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
The most recent figure for gross fixed capital formation in Ireland is 160.48 billion current US$, measured in 2025.
That represents a change of up 51.9% on the previous year and up 118.8% over ten years.
Over the whole period, gross fixed capital formation in Ireland peaked at 216.68 billion current US$ in 2019 and was at its lowest, 987.94 million current US$, in 1970.
That places Ireland 24th out of 181 countries with data for 2025, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross fixed capital formation in Ireland, year by year
| Year | current US$ | Change |
|---|---|---|
| 1970 | 987.94 million current US$ | — |
| 1971 | 1.19 billion current US$ | +20.6% |
| 1972 | 1.48 billion current US$ | +24.1% |
| 1973 | 1.87 billion current US$ | +26.3% |
| 1974 | 1.92 billion current US$ | +2.9% |
| 1975 | 2.13 billion current US$ | +10.8% |
| 1976 | 2.34 billion current US$ | +9.7% |
| 1977 | 2.75 billion current US$ | +17.8% |
| 1978 | 4.00 billion current US$ | +45.5% |
| 1979 | 5.52 billion current US$ | +37.9% |
| 1980 | 6.15 billion current US$ | +11.4% |
| 1981 | 6.06 billion current US$ | -1.5% |
| 1982 | 5.62 billion current US$ | -7.1% |
| 1983 | 4.75 billion current US$ | -15.6% |
| 1984 | 4.26 billion current US$ | -10.3% |
| 1985 | 4.00 billion current US$ | -6.0% |
| 1986 | 5.10 billion current US$ | +27.5% |
| 1987 | 5.70 billion current US$ | +11.7% |
| 1988 | 6.46 billion current US$ | +13.3% |
| 1989 | 7.00 billion current US$ | +8.4% |
| 1990 | 9.47 billion current US$ | +35.4% |
| 1991 | 8.76 billion current US$ | -7.6% |
| 1992 | 9.68 billion current US$ | +10.5% |
| 1993 | 8.34 billion current US$ | -13.8% |
| 1994 | 9.70 billion current US$ | +16.3% |
| 1995 | 12.49 billion current US$ | +28.9% |
| 1996 | 15.02 billion current US$ | +20.2% |
| 1997 | 17.44 billion current US$ | +16.1% |
| 1998 | 20.32 billion current US$ | +16.5% |
| 1999 | 23.89 billion current US$ | +17.6% |
| 2000 | 23.79 billion current US$ | -0.4% |
| 2001 | 26.17 billion current US$ | +10.0% |
| 2002 | 30.34 billion current US$ | +15.9% |
| 2003 | 41.02 billion current US$ | +35.2% |
| 2004 | 52.38 billion current US$ | +27.7% |
| 2005 | 63.20 billion current US$ | +20.6% |
| 2006 | 71.95 billion current US$ | +13.8% |
| 2007 | 77.53 billion current US$ | +7.8% |
| 2008 | 68.43 billion current US$ | -11.7% |
| 2009 | 50.04 billion current US$ | -26.9% |
| 2010 | 39.01 billion current US$ | -22.0% |
| 2011 | 39.92 billion current US$ | +2.3% |
| 2012 | 44.26 billion current US$ | +10.9% |
| 2013 | 44.40 billion current US$ | +0.3% |
| 2014 | 53.81 billion current US$ | +21.2% |
| 2015 | 73.36 billion current US$ | +36.3% |
| 2016 | 104.19 billion current US$ | +42.0% |
| 2017 | 113.13 billion current US$ | +8.6% |
| 2018 | 110.42 billion current US$ | -2.4% |
| 2019 | 216.68 billion current US$ | +96.2% |
| 2020 | 180.46 billion current US$ | -16.7% |
| 2021 | 117.10 billion current US$ | -35.1% |
| 2022 | 115.94 billion current US$ | -1.0% |
| 2023 | 141.21 billion current US$ | +21.8% |
| 2024 | 105.68 billion current US$ | -25.2% |
| 2025 | 160.48 billion current US$ | +51.9% |
Ireland compared with similar countries
- Ireland's 160.48 billion current US$ is above the median for high income countries, which is 50.73 billion current US$, 3.2× the median. (64 countries reporting)
- Ireland's 160.48 billion current US$ is above the median for Europe & Central Asia, which is 31.73 billion current US$, 5.1× the median. (51 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 2.42 billion current US$ | 987.94 million current US$ | 5.52 billion current US$ | 10 |
| 1980s | 5.51 billion current US$ | 4.00 billion current US$ | 7.00 billion current US$ | 10 |
| 1990s | 13.51 billion current US$ | 8.34 billion current US$ | 23.89 billion current US$ | 10 |
| 2000s | 50.49 billion current US$ | 23.79 billion current US$ | 77.53 billion current US$ | 10 |
| 2010s | 83.92 billion current US$ | 39.01 billion current US$ | 216.68 billion current US$ | 10 |
| 2020s | 136.81 billion current US$ | 105.68 billion current US$ | 180.46 billion current US$ | 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$), annual growth rate 7.57 % change on previous year (2025)
Frequently asked questions
- What is gross fixed capital formation in Ireland?
- Gross fixed capital formation in Ireland was 160.48 billion current US$ in 2025, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest gross fixed capital formation recorded in Ireland?
- The highest recorded value was 216.68 billion current US$ in 2019.
- What is the lowest gross fixed capital formation recorded in Ireland?
- The lowest recorded value was 987.94 million current US$ in 1970.
- How does Ireland rank for gross fixed capital formation?
- Ireland ranks 24th 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 118.8%. 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 Offices (NSOs), published as part of Gross fixed capital formation (current US$). 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 indicator is expressed in United States dollars.