Gross Fixed Capital Formation — Value Standard Local Currency, annual in Ireland
Ireland: Gross Fixed Capital Formation — Value Standard Local Currency, annual was -22.43 % change on previous year in 2024. ◆ Volatile
Gross Fixed Capital Formation — Value Standard Local Currency, annual in Ireland, 1971–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Ireland recorded -22.43 % change on previous year for gross fixed capital formation — value standard local currency, annual in 2024.
That represents a change of down 412.1% on the previous year and down 205.9% over ten years.
Over the whole period, gross fixed capital formation — value standard local currency, annual in Ireland peaked at 107.02 % change on previous year in 2019 and was at its lowest, -37.47 % change on previous year, in 2021.
That places Ireland 228th out of 230 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Fixed Capital Formation — Value Standard Local Currency, annual in Ireland, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 18.91 % change on previous year | — |
| 1972 | 20.88 % change on previous year | +10.4% |
| 1973 | 28.79 % change on previous year | +37.9% |
| 1974 | 7.86 % change on previous year | -72.7% |
| 1975 | 17.12 % change on previous year | +118.0% |
| 1976 | 35.07 % change on previous year | +104.8% |
| 1977 | 21.33 % change on previous year | -39.2% |
| 1978 | 32.33 % change on previous year | +51.6% |
| 1979 | 29.17 % change on previous year | -9.8% |
| 1980 | 10.9 % change on previous year | -62.6% |
| 1981 | 25.81 % change on previous year | +136.7% |
| 1982 | 5.32 % change on previous year | -79.4% |
| 1983 | -3.62 % change on previous year | -168.0% |
| 1984 | 2.85 % change on previous year | -178.7% |
| 1985 | -3.69 % change on previous year | -229.7% |
| 1986 | 0.2065 % change on previous year | -105.6% |
| 1987 | 1.1 % change on previous year | +433.5% |
| 1988 | 10.57 % change on previous year | +859.4% |
| 1989 | 16.47 % change on previous year | +55.8% |
| 1990 | 16.03 % change on previous year | -2.6% |
| 1991 | -5 % change on previous year | -131.2% |
| 1992 | 4.52 % change on previous year | -190.5% |
| 1993 | -0.7035 % change on previous year | -115.5% |
| 1994 | 14.81 % change on previous year | -2204.6% |
| 1995 | 20.23 % change on previous year | +36.6% |
| 1996 | 20.4 % change on previous year | +0.8% |
| 1997 | 22.59 % change on previous year | +10.7% |
| 1998 | 24.02 % change on previous year | +6.3% |
| 1999 | 23.7 % change on previous year | -1.3% |
| 2000 | 14.89 % change on previous year | -37.2% |
| 2001 | 13.54 % change on previous year | -9.1% |
| 2002 | 9.76 % change on previous year | -27.9% |
| 2003 | 13 % change on previous year | +33.2% |
| 2004 | 16.1 % change on previous year | +23.9% |
| 2005 | 20.68 % change on previous year | +28.4% |
| 2006 | 12.79 % change on previous year | -38.2% |
| 2007 | -1.24 % change on previous year | -109.7% |
| 2008 | -17.77 % change on previous year | +1328.4% |
| 2009 | -22.92 % change on previous year | +29.0% |
| 2010 | -17.95 % change on previous year | -21.7% |
| 2011 | -2.49 % change on previous year | -86.1% |
| 2012 | 20.07 % change on previous year | -905.9% |
| 2013 | -2.93 % change on previous year | -114.6% |
| 2014 | 21.18 % change on previous year | -823.1% |
| 2015 | 63.21 % change on previous year | +198.4% |
| 2016 | 42.35 % change on previous year | -33.0% |
| 2017 | 6.36 % change on previous year | -85.0% |
| 2018 | -6.62 % change on previous year | -204.0% |
| 2019 | 107.02 % change on previous year | -1716.3% |
| 2020 | -18.49 % change on previous year | -117.3% |
| 2021 | -37.47 % change on previous year | +102.7% |
| 2022 | 11.37 % change on previous year | -130.3% |
| 2023 | 7.19 % change on previous year | -36.8% |
| 2024 | -22.43 % change on previous year | -412.1% |
Biggest year-on-year movements
Years where Gross Fixed Capital Formation — Value Standard Local Currency, annual 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 |
|---|---|---|---|
| 1994 | +2204.6% | -0.7035 % change on previous year | 14.81 % change on previous year |
| 2019 | +1716.3% | -6.62 % change on previous year | 107.02 % change on previous year |
| 2008 | -1328.4% | -1.24 % change on previous year | -17.77 % change on previous year |
| 2012 | +905.9% | -2.49 % change on previous year | 20.07 % change on previous year |
| 1988 | +859.4% | 1.1 % change on previous year | 10.57 % change on previous year |
| 2014 | +823.1% | -2.93 % change on previous year | 21.18 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 23.5 % change on previous year | 7.86 % change on previous year | 35.07 % change on previous year | 9 |
| 1980s | 6.59 % change on previous year | -3.69 % change on previous year | 25.81 % change on previous year | 10 |
| 1990s | 14.06 % change on previous year | -5 % change on previous year | 24.02 % change on previous year | 10 |
| 2000s | 5.88 % change on previous year | -22.92 % change on previous year | 20.68 % change on previous year | 10 |
| 2010s | 23.02 % change on previous year | -17.95 % change on previous year | 107.02 % change on previous year | 10 |
| 2020s | -11.97 % change on previous year | -37.47 % change on previous year | 11.37 % change on previous year | 5 |
Countries ranked near Ireland
- 225 Trinidad and Tobago -6.88 % change on previous year compare
- 226 Seychelles -14.3 % change on previous year compare
- 227 Haiti -14.46 % change on previous year compare
- 229 Palestine -30.22 % change on previous year compare
- 229 Palestine -30.22 % change on previous year 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)
- 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 — value standard local currency, annual in Ireland?
- Gross fixed capital formation — value standard local currency, annual in Ireland was -22.43 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gross fixed capital formation — value standard local currency, annual recorded in Ireland?
- The highest recorded value was 107.02 % change on previous year in 2019.
- What is the lowest gross fixed capital formation — value standard local currency, annual recorded in Ireland?
- The lowest recorded value was -37.47 % change on previous year in 2021.
- How does Ireland rank for gross fixed capital formation — value standard local currency, annual?
- Ireland ranks 228th out of 230 countries with data for 2024.
- Is gross fixed capital formation — value standard local currency, annual rising or falling in Ireland?
- Over the last ten years it is down 205.9%. The long-run trend across the full record is volatile.
- Where does this Ireland data come from?
- The figures come from Statizoid (derived), published as part of Gross Fixed Capital Formation — Value Standard Local Currency, annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 54 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Gross Fixed Capital Formation — Value Standard Local Currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross Fixed Capital Formation — Value Standard Local Currency Food and Agriculture Organization of the United Nations
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Gross Fixed Capital Formation — Value Standard Local Currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.