Gross value added at basic prices (GVA) in Ireland
Ireland: Gross value added at basic prices (GVA) was 610.26 billion current LCU in 2025. ◆ Volatile
Latest (2025)
610.26 billion current LCU
Change on year
up 13.9%
World rank
114th
of 207 countries
All-time high
610.26 billion current LCU
in 2025
All-time low
1.98 billion current LCU
in 1970
Years of data
56
1970–2025
Gross value added at basic prices (GVA) in Ireland, 1970–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.
Analysis
In 2025, gross value added at basic prices (gva) in Ireland stood at 610.26 billion current LCU. That is the highest value across all 56 years on record.
Compared with earlier readings it is up 13.9% on the previous year and up 139.6% over ten years.
Over the whole period, gross value added at basic prices (gva) in Ireland peaked at 610.26 billion current LCU in 2025 and was at its lowest, 1.98 billion current LCU, in 1970.
Ireland ranks 114th of 207 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 value added at basic prices (GVA) in Ireland, year by year
| Year | current LCU | Change |
|---|---|---|
| 1970 | 1.98 billion current LCU | — |
| 1971 | 2.26 billion current LCU | +14.2% |
| 1972 | 2.76 billion current LCU | +21.9% |
| 1973 | 3.41 billion current LCU | +23.4% |
| 1974 | 3.93 billion current LCU | +15.2% |
| 1975 | 4.85 billion current LCU | +23.5% |
| 1976 | 5.81 billion current LCU | +19.7% |
| 1977 | 7.42 billion current LCU | +27.9% |
| 1978 | 9.03 billion current LCU | +21.6% |
| 1979 | 10.60 billion current LCU | +17.5% |
| 1980 | 12.34 billion current LCU | +16.4% |
| 1981 | 14.66 billion current LCU | +18.8% |
| 1982 | 17.12 billion current LCU | +16.8% |
| 1983 | 18.94 billion current LCU | +10.6% |
| 1984 | 21.13 billion current LCU | +11.6% |
| 1985 | 23.24 billion current LCU | +10.0% |
| 1986 | 24.48 billion current LCU | +5.4% |
| 1987 | 26.26 billion current LCU | +7.2% |
| 1988 | 28.54 billion current LCU | +8.7% |
| 1989 | 31.78 billion current LCU | +11.3% |
| 1990 | 34.36 billion current LCU | +8.1% |
| 1991 | 35.83 billion current LCU | +4.3% |
| 1992 | 37.78 billion current LCU | +5.5% |
| 1993 | 41.21 billion current LCU | +9.1% |
| 1994 | 43.71 billion current LCU | +6.1% |
| 1995 | 49.45 billion current LCU | +13.1% |
| 1996 | 53.52 billion current LCU | +8.2% |
| 1997 | 61.84 billion current LCU | +15.6% |
| 1998 | 72.75 billion current LCU | +17.6% |
| 1999 | 82.67 billion current LCU | +13.6% |
| 2000 | 96.72 billion current LCU | +17.0% |
| 2001 | 108.81 billion current LCU | +12.5% |
| 2002 | 120.61 billion current LCU | +10.8% |
| 2003 | 128.99 billion current LCU | +6.9% |
| 2004 | 137.43 billion current LCU | +6.5% |
| 2005 | 149.52 billion current LCU | +8.8% |
| 2006 | 162.58 billion current LCU | +8.7% |
| 2007 | 175.07 billion current LCU | +7.7% |
| 2008 | 167.34 billion current LCU | -4.4% |
| 2009 | 152.34 billion current LCU | -9.0% |
| 2010 | 152.32 billion current LCU | -0.0% |
| 2011 | 158.28 billion current LCU | +3.9% |
| 2012 | 161.46 billion current LCU | +2.0% |
| 2013 | 169.09 billion current LCU | +4.7% |
| 2014 | 186.17 billion current LCU | +10.1% |
| 2015 | 254.66 billion current LCU | +36.8% |
| 2016 | 257.07 billion current LCU | +0.9% |
| 2017 | 286.71 billion current LCU | +11.5% |
| 2018 | 315.07 billion current LCU | +9.9% |
| 2019 | 343.05 billion current LCU | +8.9% |
| 2020 | 358.67 billion current LCU | +4.6% |
| 2021 | 422.64 billion current LCU | +17.8% |
| 2022 | 496.98 billion current LCU | +17.6% |
| 2023 | 499.27 billion current LCU | +0.5% |
| 2024 | 535.88 billion current LCU | +7.3% |
| 2025 | 610.26 billion current LCU | +13.9% |
Ireland compared with similar countries
- Ireland's 610.26 billion current LCU is above the median for high income countries, which is 266.17 billion current LCU, 2.3× the median. (77 countries reporting)
- Ireland's 610.26 billion current LCU is above the median for Europe & Central Asia, which is 380.52 billion current LCU, 1.6× the median. (56 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 5.21 billion current LCU | 1.98 billion current LCU | 10.60 billion current LCU | 10 |
| 1980s | 21.85 billion current LCU | 12.34 billion current LCU | 31.78 billion current LCU | 10 |
| 1990s | 51.31 billion current LCU | 34.36 billion current LCU | 82.67 billion current LCU | 10 |
| 2000s | 139.94 billion current LCU | 96.72 billion current LCU | 175.07 billion current LCU | 10 |
| 2010s | 228.39 billion current LCU | 152.32 billion current LCU | 343.05 billion current LCU | 10 |
| 2020s | 487.28 billion current LCU | 358.67 billion current LCU | 610.26 billion current 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)
- 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 value added at basic prices (gva) in Ireland?
- Gross value added at basic prices (gva) in Ireland was 610.26 billion current LCU in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross value added at basic prices (gva) recorded in Ireland?
- The highest recorded value was 610.26 billion current LCU in 2025.
- What is the lowest gross value added at basic prices (gva) recorded in Ireland?
- The lowest recorded value was 1.98 billion current LCU in 1970.
- How does Ireland rank for gross value added at basic prices (gva)?
- Ireland ranks 114th out of 207 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 139.6%. The long-run trend across the full record is volatile.
- 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 value added at basic prices (GVA) (current LCU). Statizoid updates them automatically from the source API.
Download this data
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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 current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.