Gross fixed capital formation in Ireland
Ireland: Gross fixed capital formation was 22.2% in 2025. ▲ Rising
Gross fixed capital formation in Ireland, 1970–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in % of GDP.
Analysis
Ireland recorded 22.2% for gross fixed capital formation in 2025.
That represents a change of up 28.2% on the previous year and down 8.4% over ten years.
Over the whole period, gross fixed capital formation in Ireland peaked at 53.2% in 2019 and was at its lowest, 15.9%, in 1993.
Ireland ranks 91st of 181 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 56 years of available data.
Gross fixed capital formation in Ireland, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1970 | 22.5% | — |
| 1971 | 23.4% | +4.0% |
| 1972 | 23.4% | +0.1% |
| 1973 | 25.0% | +6.7% |
| 1974 | 24.3% | -2.5% |
| 1975 | 22.5% | -7.7% |
| 1976 | 24.7% | +10.1% |
| 1977 | 24.5% | -1.0% |
| 1978 | 27.3% | +11.7% |
| 1979 | 30.1% | +10.2% |
| 1980 | 28.3% | -6.2% |
| 1981 | 29.3% | +3.7% |
| 1982 | 26.2% | -10.6% |
| 1983 | 22.9% | -12.7% |
| 1984 | 21.2% | -7.4% |
| 1985 | 18.8% | -11.2% |
| 1986 | 17.8% | -5.5% |
| 1987 | 16.8% | -5.5% |
| 1988 | 17.1% | +1.8% |
| 1989 | 17.8% | +4.3% |
| 1990 | 19.2% | +7.8% |
| 1991 | 17.6% | -8.4% |
| 1992 | 17.3% | -1.6% |
| 1993 | 15.9% | -8.1% |
| 1994 | 17.0% | +6.7% |
| 1995 | 18.1% | +6.4% |
| 1996 | 19.8% | +9.7% |
| 1997 | 21.0% | +6.2% |
| 1998 | 22.5% | +7.0% |
| 1999 | 24.2% | +7.3% |
| 2000 | 23.7% | -1.7% |
| 2001 | 23.9% | +0.8% |
| 2002 | 23.6% | -1.4% |
| 2003 | 24.9% | +5.6% |
| 2004 | 27.0% | +8.2% |
| 2005 | 29.8% | +10.7% |
| 2006 | 31.0% | +3.9% |
| 2007 | 28.7% | -7.4% |
| 2008 | 24.8% | -13.5% |
| 2009 | 21.2% | -14.8% |
| 2010 | 17.6% | -16.9% |
| 2011 | 16.6% | -5.8% |
| 2012 | 19.5% | +17.7% |
| 2013 | 18.3% | -6.3% |
| 2014 | 20.2% | +10.5% |
| 2015 | 24.3% | +20.3% |
| 2016 | 34.1% | +40.5% |
| 2017 | 32.5% | -4.8% |
| 2018 | 27.9% | -14.1% |
| 2019 | 53.2% | +90.7% |
| 2020 | 41.4% | -22.2% |
| 2021 | 22.1% | -46.7% |
| 2022 | 21.1% | -4.2% |
| 2023 | 24.9% | +17.7% |
| 2024 | 17.3% | -30.3% |
| 2025 | 22.2% | +28.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 24.8% | 22.5% | 30.1% | 10 |
| 1980s | 21.6% | 16.8% | 29.3% | 10 |
| 1990s | 19.3% | 15.9% | 24.2% | 10 |
| 2000s | 25.9% | 21.2% | 31.0% | 10 |
| 2010s | 26.4% | 16.6% | 53.2% | 10 |
| 2020s | 24.8% | 17.3% | 41.4% | 6 |
Countries ranked near Ireland
- 88 Mexico 22.4% compare
- 89 Montenegro 22.3% compare
- 90 Guinea-Bissau 22.3% compare
- 92 New Caledonia 22.1% compare
- 93 Singapore 22.1% compare
- 94 Republic of Moldova 22.0% 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)
- Manufacturing, value added (current US$), per unit of GDP 0.3393 current US$ per US$ of GDP (2025)
- Manufacturing, value added (current US$), per capita 44,643 current US$ per person (2025)
- Manufacturing, value added (current LCU), per unit of GDP 0.3002 current LCU per US$ of GDP (2025)
- Manufacturing, value added (current LCU), per capita 39,508 current LCU per person (2025)
- Manufacturing, value added (constant 2015 US$), per unit of GDP 0.3077 constant 2015 US$ per US$ of GDP (2025)
- Manufacturing, value added (constant 2015 US$), per capita 40,487 constant 2015 US$ per person (2025)
- Manufacturing, value added (constant LCU), per capita 34,717 constant LCU per person (2025)
- Industry (including construction), value added (current US$), annual 33 % change on previous year (2025)
Frequently asked questions
- What is gross fixed capital formation in Ireland?
- Gross fixed capital formation in Ireland was 22.2% 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 53.2% in 2019.
- What is the lowest gross fixed capital formation recorded in Ireland?
- The lowest recorded value was 15.9% in 1993.
- How does Ireland rank for gross fixed capital formation?
- Ireland ranks 91st 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 down 8.4%. 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 fixed capital formation (% of GDP). Statizoid updates them automatically from the source API.
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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 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.