Gross Fixed Capital Formation — Value Standard Local Currency, 2015 in Ireland
Ireland: Gross Fixed Capital Formation — Value Standard Local Currency, 2015 was 70,118 million SLC in 2024. ◆ Volatile
Gross Fixed Capital Formation — Value Standard Local Currency, 2015 in Ireland, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
Ireland recorded 70,118 million SLC for gross fixed capital formation — value standard local currency, 2015 in 2024.
Compared with earlier readings it is down 25.4% on the previous year and up 64.9% over ten years.
Over the whole period, gross fixed capital formation — value standard local currency, 2015 in Ireland peaked at 174,266 million SLC in 2019 and was at its lowest, 7,664 million SLC, in 1970.
Ireland ranks 105th of 194 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 — Value Standard Local Currency, 2015 in Ireland, year by year
| Year | million SLC | Change |
|---|---|---|
| 1970 | 7,664 million SLC | — |
| 1971 | 8,348 million SLC | +8.9% |
| 1972 | 9,001 million SLC | +7.8% |
| 1973 | 10,456 million SLC | +16.2% |
| 1974 | 9,241 million SLC | -11.6% |
| 1975 | 8,907 million SLC | -3.6% |
| 1976 | 10,115 million SLC | +13.6% |
| 1977 | 10,525 million SLC | +4.1% |
| 1978 | 12,512 million SLC | +18.9% |
| 1979 | 14,215 million SLC | +13.6% |
| 1980 | 13,545 million SLC | -4.7% |
| 1981 | 14,835 million SLC | +9.5% |
| 1982 | 14,329 million SLC | -3.4% |
| 1983 | 12,999 million SLC | -9.3% |
| 1984 | 12,672 million SLC | -2.5% |
| 1985 | 11,694 million SLC | -7.7% |
| 1986 | 11,367 million SLC | -2.8% |
| 1987 | 11,238 million SLC | -1.1% |
| 1988 | 11,826 million SLC | +5.2% |
| 1989 | 13,025 million SLC | +10.1% |
| 1990 | 14,771 million SLC | +13.4% |
| 1991 | 13,739 million SLC | -7.0% |
| 1992 | 13,735 million SLC | -0.0% |
| 1993 | 13,037 million SLC | -5.1% |
| 1994 | 14,580 million SLC | +11.8% |
| 1995 | 16,883 million SLC | +15.8% |
| 1996 | 19,656 million SLC | +16.4% |
| 1997 | 22,763 million SLC | +15.8% |
| 1998 | 25,822 million SLC | +13.4% |
| 1999 | 29,457 million SLC | +14.1% |
| 2000 | 30,945 million SLC | +5.1% |
| 2001 | 32,747 million SLC | +5.8% |
| 2002 | 34,566 million SLC | +5.6% |
| 2003 | 37,323 million SLC | +8.0% |
| 2004 | 40,965 million SLC | +9.8% |
| 2005 | 47,862 million SLC | +16.8% |
| 2006 | 51,314 million SLC | +7.2% |
| 2007 | 51,330 million SLC | +0.0% |
| 2008 | 45,385 million SLC | -11.6% |
| 2009 | 37,702 million SLC | -16.9% |
| 2010 | 32,035 million SLC | -15.0% |
| 2011 | 32,021 million SLC | -0.0% |
| 2012 | 37,241 million SLC | +16.3% |
| 2013 | 35,686 million SLC | -4.2% |
| 2014 | 42,513 million SLC | +19.1% |
| 2015 | 66,146 million SLC | +55.6% |
| 2016 | 92,548 million SLC | +39.9% |
| 2017 | 95,995 million SLC | +3.7% |
| 2018 | 87,273 million SLC | -9.1% |
| 2019 | 174,266 million SLC | +99.7% |
| 2020 | 145,565 million SLC | -16.5% |
| 2021 | 88,253 million SLC | -39.4% |
| 2022 | 91,480 million SLC | +3.7% |
| 2023 | 94,040 million SLC | +2.8% |
| 2024 | 70,118 million SLC | -25.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 10,098 million SLC | 7,664 million SLC | 14,215 million SLC | 10 |
| 1980s | 12,753 million SLC | 11,238 million SLC | 14,835 million SLC | 10 |
| 1990s | 18,444 million SLC | 13,037 million SLC | 29,457 million SLC | 10 |
| 2000s | 41,014 million SLC | 30,945 million SLC | 51,330 million SLC | 10 |
| 2010s | 69,572 million SLC | 32,021 million SLC | 174,266 million SLC | 10 |
| 2020s | 97,891 million SLC | 70,118 million SLC | 145,565 million SLC | 5 |
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)
- Gross value added at basic prices (GVA) (current US$), annual growth 18.89 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current US$), per unit of GDP 0.9555 current US$ per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current US$), per capita 125,736 current US$ per person (2025)
- Gross value added at basic prices (GVA) (current LCU), annual growth 13.88 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 0.8456 current LCU per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current LCU), per capita 111,273 current LCU per person (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), annual 12.29 % change on previous year (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per unit 0.7548 constant 2015 US$ per US$ of GDP (2025)
Frequently asked questions
- What is gross fixed capital formation — value standard local currency, 2015 in Ireland?
- Gross fixed capital formation — value standard local currency, 2015 in Ireland was 70,118 million SLC in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross fixed capital formation — value standard local currency, 2015 recorded in Ireland?
- The highest recorded value was 174,266 million SLC in 2019.
- What is the lowest gross fixed capital formation — value standard local currency, 2015 recorded in Ireland?
- The lowest recorded value was 7,664 million SLC in 1970.
- How does Ireland rank for gross fixed capital formation — value standard local currency, 2015?
- Ireland ranks 105th out of 194 countries with data for 2024.
- Is gross fixed capital formation — value standard local currency, 2015 rising or falling in Ireland?
- Over the last ten years it is up 64.9%. The long-run trend across the full record is volatile.
- Where does this Ireland data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Gross Fixed Capital Formation — Value Standard Local Currency, 2015 prices. Statizoid updates them automatically from the source API.
Download this data
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About this data
The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).