Gross Fixed Capital Formation — Value US$, 2015 prices (US 2015) in Ireland
Ireland: Gross Fixed Capital Formation — Value US$, 2015 prices was 77,797 million USD in 2024. ◆ Volatile
Gross Fixed Capital Formation — Value US$, 2015 prices in Ireland, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
In 2024, gross fixed capital formation — value us$, 2015 prices in Ireland stood at 77,797 million USD.
That represents a change of down 25.4% on the previous year and up 64.9% over ten years.
Over the whole period, gross fixed capital formation — value us$, 2015 prices in Ireland peaked at 193,350 million USD in 2019 and was at its lowest, 8,504 million USD, in 1970.
Ireland ranks 46th of 235 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Fixed Capital Formation — Value US$, 2015 prices in Ireland, year by year
| Year | million USD | Change |
|---|---|---|
| 1970 | 8,504 million USD | — |
| 1971 | 9,262 million USD | +8.9% |
| 1972 | 9,986 million USD | +7.8% |
| 1973 | 11,600 million USD | +16.2% |
| 1974 | 10,253 million USD | -11.6% |
| 1975 | 9,883 million USD | -3.6% |
| 1976 | 11,223 million USD | +13.6% |
| 1977 | 11,678 million USD | +4.1% |
| 1978 | 13,882 million USD | +18.9% |
| 1979 | 15,772 million USD | +13.6% |
| 1980 | 15,028 million USD | -4.7% |
| 1981 | 16,460 million USD | +9.5% |
| 1982 | 15,898 million USD | -3.4% |
| 1983 | 14,422 million USD | -9.3% |
| 1984 | 14,059 million USD | -2.5% |
| 1985 | 12,975 million USD | -7.7% |
| 1986 | 12,612 million USD | -2.8% |
| 1987 | 12,469 million USD | -1.1% |
| 1988 | 13,122 million USD | +5.2% |
| 1989 | 14,451 million USD | +10.1% |
| 1990 | 16,388 million USD | +13.4% |
| 1991 | 15,244 million USD | -7.0% |
| 1992 | 15,240 million USD | -0.0% |
| 1993 | 14,465 million USD | -5.1% |
| 1994 | 16,177 million USD | +11.8% |
| 1995 | 18,732 million USD | +15.8% |
| 1996 | 21,809 million USD | +16.4% |
| 1997 | 25,256 million USD | +15.8% |
| 1998 | 28,650 million USD | +13.4% |
| 1999 | 32,683 million USD | +14.1% |
| 2000 | 34,334 million USD | +5.1% |
| 2001 | 36,333 million USD | +5.8% |
| 2002 | 38,352 million USD | +5.6% |
| 2003 | 41,410 million USD | +8.0% |
| 2004 | 45,451 million USD | +9.8% |
| 2005 | 53,104 million USD | +16.8% |
| 2006 | 56,933 million USD | +7.2% |
| 2007 | 56,951 million USD | +0.0% |
| 2008 | 50,355 million USD | -11.6% |
| 2009 | 41,831 million USD | -16.9% |
| 2010 | 35,544 million USD | -15.0% |
| 2011 | 35,528 million USD | -0.0% |
| 2012 | 41,319 million USD | +16.3% |
| 2013 | 39,594 million USD | -4.2% |
| 2014 | 47,168 million USD | +19.1% |
| 2015 | 73,390 million USD | +55.6% |
| 2016 | 102,684 million USD | +39.9% |
| 2017 | 106,508 million USD | +3.7% |
| 2018 | 96,831 million USD | -9.1% |
| 2019 | 193,350 million USD | +99.7% |
| 2020 | 161,506 million USD | -16.5% |
| 2021 | 97,918 million USD | -39.4% |
| 2022 | 101,498 million USD | +3.7% |
| 2023 | 104,339 million USD | +2.8% |
| 2024 | 77,797 million USD | -25.4% |
Ireland compared with similar countries
- Ireland's 77,797 million USD is above the median for high income countries, which is 13,942 million USD, 5.6× the median. (73 countries reporting)
- Ireland's 77,797 million USD is above the median for Europe & Central Asia, which is 18,064 million USD, 4.3× the median. (52 countries reporting)
Biggest year-on-year movements
Years where Gross Fixed Capital Formation — Value US$, 2015 prices in Ireland changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2019 | +99.7% | 96,831 million USD | 193,350 million USD |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 11,204 million USD | 8,504 million USD | 15,772 million USD | 10 |
| 1980s | 14,150 million USD | 12,469 million USD | 16,460 million USD | 10 |
| 1990s | 20,464 million USD | 14,465 million USD | 32,683 million USD | 10 |
| 2000s | 45,505 million USD | 34,334 million USD | 56,951 million USD | 10 |
| 2010s | 77,191 million USD | 35,528 million USD | 193,350 million USD | 10 |
| 2020s | 108,612 million USD | 77,797 million USD | 161,506 million USD | 5 |
Countries ranked near Ireland
More economy & growth data for Ireland
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.96 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.52 Percent per annum (2029)
- SDRs holdings, US dollar, annual growth rate 7.18 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0082 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 1,078 units per person (2025)
- SDRs holdings, SDR, annual growth rate 2.06 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.006 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 787.03 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 2.45 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0048 units per US$ of GDP (2025)
Frequently asked questions
- What is gross fixed capital formation — value us$, 2015 prices in Ireland?
- Gross fixed capital formation — value us$, 2015 prices in Ireland was 77,797 million USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross fixed capital formation — value us$, 2015 prices recorded in Ireland?
- The highest recorded value was 193,350 million USD in 2019.
- What is the lowest gross fixed capital formation — value us$, 2015 prices recorded in Ireland?
- The lowest recorded value was 8,504 million USD in 1970.
- How does Ireland rank for gross fixed capital formation — value us$, 2015 prices?
- Ireland ranks 46th out of 235 countries with data for 2024.
- Is gross fixed capital formation — value us$, 2015 prices 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 US$, 2015 prices. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 55 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).
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).