Gross value added at basic prices (GVA) (constant LCU) in Ireland
Ireland: Gross value added at basic prices (GVA) (constant LCU) was 512.75 billion constant LCU in 2025. ▲ Rising
Gross value added at basic prices (GVA) in Ireland, 1995–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in constant LCU.
Analysis
In 2025, gross value added at basic prices (gva) in Ireland stood at 512.75 billion constant LCU. That is the highest value across all 31 years on record.
The figure is up 12.3% on the previous year and up 92.8% over ten years.
Over the whole period, gross value added at basic prices (gva) in Ireland peaked at 512.75 billion constant LCU in 2025 and was at its lowest, 100.47 billion constant LCU, in 1995.
That places Ireland 98th out of 198 countries with data for 2025, putting it in the middle of the range.
The long-run direction has been consistently rising across the 31 years of available data.
Gross value added at basic prices (GVA) (constant LCU) in Ireland, year by year
| Year | constant LCU | Change |
|---|---|---|
| 1995 | 100.47 billion constant LCU | — |
| 1996 | 106.50 billion constant LCU | +6.0% |
| 1997 | 117.64 billion constant LCU | +10.5% |
| 1998 | 128.13 billion constant LCU | +8.9% |
| 1999 | 138.86 billion constant LCU | +8.4% |
| 2000 | 150.19 billion constant LCU | +8.2% |
| 2001 | 155.91 billion constant LCU | +3.8% |
| 2002 | 165.41 billion constant LCU | +6.1% |
| 2003 | 167.56 billion constant LCU | +1.3% |
| 2004 | 176.27 billion constant LCU | +5.2% |
| 2005 | 187.00 billion constant LCU | +6.1% |
| 2006 | 195.59 billion constant LCU | +4.6% |
| 2007 | 210.88 billion constant LCU | +7.8% |
| 2008 | 206.15 billion constant LCU | -2.2% |
| 2009 | 193.01 billion constant LCU | -6.4% |
| 2010 | 196.48 billion constant LCU | +1.8% |
| 2011 | 201.20 billion constant LCU | +2.4% |
| 2012 | 195.59 billion constant LCU | -2.8% |
| 2013 | 199.86 billion constant LCU | +2.2% |
| 2014 | 217.11 billion constant LCU | +8.6% |
| 2015 | 265.96 billion constant LCU | +22.5% |
| 2016 | 268.57 billion constant LCU | +1.0% |
| 2017 | 289.31 billion constant LCU | +7.7% |
| 2018 | 316.35 billion constant LCU | +9.3% |
| 2019 | 333.04 billion constant LCU | +5.3% |
| 2020 | 358.67 billion constant LCU | +7.7% |
| 2021 | 417.77 billion constant LCU | +16.5% |
| 2022 | 454.46 billion constant LCU | +8.8% |
| 2023 | 445.01 billion constant LCU | -2.1% |
| 2024 | 456.65 billion constant LCU | +2.6% |
| 2025 | 512.75 billion constant LCU | +12.3% |
Ireland compared with similar countries
- Ireland's 512.75 billion constant LCU is above the median for high income countries, which is 270.55 billion constant LCU, 1.9× the median. (70 countries reporting)
- Ireland's 512.75 billion constant LCU is above the median for Europe & Central Asia, which is 405.98 billion constant LCU, 1.3× the median. (54 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 118.32 billion constant LCU | 100.47 billion constant LCU | 138.86 billion constant LCU | 5 |
| 2000s | 180.80 billion constant LCU | 150.19 billion constant LCU | 210.88 billion constant LCU | 10 |
| 2010s | 248.35 billion constant LCU | 195.59 billion constant LCU | 333.04 billion constant LCU | 10 |
| 2020s | 440.88 billion constant LCU | 358.67 billion constant LCU | 512.75 billion constant LCU | 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)
- 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 value added at basic prices (gva) in Ireland?
- Gross value added at basic prices (gva) in Ireland was 512.75 billion constant LCU in 2025, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest gross value added at basic prices (gva) recorded in Ireland?
- The highest recorded value was 512.75 billion constant LCU in 2025.
- What is the lowest gross value added at basic prices (gva) recorded in Ireland?
- The lowest recorded value was 100.47 billion constant LCU in 1995.
- How does Ireland rank for gross value added at basic prices (gva)?
- Ireland ranks 98th out of 198 countries with data for 2025.
- Is gross value added at basic prices (gva) rising or falling in Ireland?
- Over the last ten years it is up 92.8%. 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 Offices (NSOs), published as part of Gross value added at basic prices (GVA) (constant LCU). Statizoid updates them automatically from the source API.
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About this data
Gross value added at basic prices reflects the price of products receivable by the producer exclusive of taxes payable on products and inclusive of subsidies receivable on products, less intermediate consumption valued at purchasers' prices. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.