Net trade in goods and services in Ireland
Ireland: Net trade in goods and services was 250.37 billion BoP, current US$ in 2024. ◆ Volatile
Net trade in goods and services in Ireland, 2005–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
The most recent figure for net trade in goods and services in Ireland is 250.37 billion BoP, current US$, measured in 2024. That is the highest value across all 20 years on record.
Compared with earlier readings it is up 38.0% on the previous year and up 393.0% over ten years.
Over the whole period, net trade in goods and services in Ireland peaked at 250.37 billion BoP, current US$ in 2024 and was at its lowest, 20.22 billion BoP, current US$, in 2019.
Ireland ranks 2nd of 199 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Net trade in goods and services in Ireland, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 2005 | 23.57 billion BoP, current US$ | — |
| 2006 | 22.89 billion BoP, current US$ | -2.9% |
| 2007 | 25.50 billion BoP, current US$ | +11.4% |
| 2008 | 23.71 billion BoP, current US$ | -7.0% |
| 2009 | 35.65 billion BoP, current US$ | +50.3% |
| 2010 | 38.45 billion BoP, current US$ | +7.9% |
| 2011 | 48.81 billion BoP, current US$ | +26.9% |
| 2012 | 39.25 billion BoP, current US$ | -19.6% |
| 2013 | 47.92 billion BoP, current US$ | +22.1% |
| 2014 | 50.79 billion BoP, current US$ | +6.0% |
| 2015 | 89.76 billion BoP, current US$ | +76.7% |
| 2016 | 57.05 billion BoP, current US$ | -36.4% |
| 2017 | 84.19 billion BoP, current US$ | +47.6% |
| 2018 | 117.58 billion BoP, current US$ | +39.7% |
| 2019 | 20.22 billion BoP, current US$ | -82.8% |
| 2020 | 92.44 billion BoP, current US$ | +357.1% |
| 2021 | 222.32 billion BoP, current US$ | +140.5% |
| 2022 | 226.35 billion BoP, current US$ | +1.8% |
| 2023 | 181.48 billion BoP, current US$ | -19.8% |
| 2024 | 250.37 billion BoP, current US$ | +38.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 26.26 billion BoP, current US$ | 22.89 billion BoP, current US$ | 35.65 billion BoP, current US$ | 5 |
| 2010s | 59.40 billion BoP, current US$ | 20.22 billion BoP, current US$ | 117.58 billion BoP, current US$ | 10 |
| 2020s | 194.59 billion BoP, current US$ | 92.44 billion BoP, current US$ | 250.37 billion BoP, current US$ | 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)
- Net primary income (Net income from abroad) (current LCU), annual -4.66 % change on previous year (2024)
- Taxes less subsidies on products (current US$), annual growth rate 9.64 % change on previous year (2025)
- Taxes less subsidies on products (current US$), per unit of GDP 0.0489 current US$ per US$ of GDP (2025)
- Taxes less subsidies on products (current US$), per capita 6,431 current US$ per person (2025)
- Taxes less subsidies on products (current LCU), annual growth rate 5.02 % change on previous year (2025)
- Taxes less subsidies on products (current LCU), per unit of GDP 0.0432 current LCU per US$ of GDP (2025)
- Taxes less subsidies on products (current LCU), per capita 5,691 current LCU per person (2025)
- Special drawing rights per domestic currency (End-of-period (EoP)) 1.06 (1998)
Frequently asked questions
- What is net trade in goods and services in Ireland?
- Net trade in goods and services in Ireland was 250.37 billion BoP, current US$ in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net trade in goods and services recorded in Ireland?
- The highest recorded value was 250.37 billion BoP, current US$ in 2024.
- What is the lowest net trade in goods and services recorded in Ireland?
- The lowest recorded value was 20.22 billion BoP, current US$ in 2019.
- How does Ireland rank for net trade in goods and services?
- Ireland ranks 2nd out of 199 countries with data for 2024.
- Is net trade in goods and services rising or falling in Ireland?
- Over the last ten years it is up 393.0%. The long-run trend across the full record is volatile.
- Where does this Ireland data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Net trade in goods and services (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
The balance of international trade in goods and services is the difference between the exports and imports of goods and services. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.