Purchasing power: based on COICOP 2018 in Ireland
Ireland: Purchasing power: based on COICOP 2018 was 1.18 in 2025. ▲ Rising
Latest (2025)
1.18
Change on year
down 0.1%
World rank
22nd
of 51 countries
All-time high
1.24
in 2005
All-time low
0.9528
in 1996
Years of data
31
1995–2025
Purchasing power parities, price level indices, nominal and real in Ireland, 1995–2025
Source: Eurostat.
Analysis
Ireland recorded 1.18 for purchasing power parities, price level indices, nominal and real in 2025.
Compared with earlier readings it is down 0.1% on the previous year and up 4.8% over ten years.
Over the whole period, purchasing power parities, price level indices, nominal and real in Ireland peaked at 1.24 in 2005 and was at its lowest, 0.9528, in 1996.
That places Ireland 22nd out of 51 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.
Purchasing power: based on COICOP 2018 in Ireland, year by year
| Year | Value | Change |
|---|---|---|
| 1995 | 0.9565 | — |
| 1996 | 0.9528 | -0.4% |
| 1997 | 0.9973 | +4.7% |
| 1998 | 1.04 | +4.0% |
| 1999 | 1.09 | +5.4% |
| 2000 | 1.14 | +3.9% |
| 2001 | 1.17 | +3.1% |
| 2002 | 1.2 | +2.3% |
| 2003 | 1.22 | +2.1% |
| 2004 | 1.21 | -0.8% |
| 2005 | 1.24 | +1.8% |
| 2006 | 1.23 | -0.4% |
| 2007 | 1.21 | -1.4% |
| 2008 | 1.22 | +0.3% |
| 2009 | 1.19 | -1.9% |
| 2010 | 1.12 | -5.9% |
| 2011 | 1.12 | -0.6% |
| 2012 | 1.11 | -0.1% |
| 2013 | 1.12 | +0.8% |
| 2014 | 1.14 | +1.7% |
| 2015 | 1.13 | -1.5% |
| 2016 | 1.14 | +1.5% |
| 2017 | 1.16 | +1.1% |
| 2018 | 1.17 | +1.0% |
| 2019 | 1.22 | +4.5% |
| 2020 | 1.21 | -0.6% |
| 2021 | 1.18 | -2.9% |
| 2022 | 1.17 | -0.9% |
| 2023 | 1.19 | +1.4% |
| 2024 | 1.18 | -0.3% |
| 2025 | 1.18 | -0.1% |
Ireland compared with similar countries
- Ireland's 1.18 is above the median for Europe & Central Asia, which is 1.13, 1.0× the median. (35 countries reporting)
- Ireland's 1.18 is above the median for high income countries, which is 1.13, 1.0× the median. (33 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1.01 | 0.9528 | 1.09 | 5 |
| 2000s | 1.2 | 1.14 | 1.24 | 10 |
| 2010s | 1.14 | 1.11 | 1.22 | 10 |
| 2020s | 1.18 | 1.17 | 1.21 | 6 |
Countries ranked near Ireland
- 19 Switzerland 1.46 compare
- 20 Luxembourg 1.31 compare
- 21 Finland 1.19 compare
- 23 Netherlands 1.17 compare
- 23 Netherlands 1.17 compare
- 25 Austria 1.14 compare
More economy & growth data for Ireland
- Real gdp growth, annual growth rate 374.72 % change on previous year (2025)
- 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)
Frequently asked questions
- What is purchasing power parities, price level indices, nominal and real in Ireland?
- Purchasing power parities, price level indices, nominal and real in Ireland was 1.18 in 2025, according to Eurostat.
- What is the highest purchasing power parities, price level indices, nominal and real recorded in Ireland?
- The highest recorded value was 1.24 in 2005.
- What is the lowest purchasing power parities, price level indices, nominal and real recorded in Ireland?
- The lowest recorded value was 0.9528 in 1996.
- How does Ireland rank for purchasing power parities, price level indices, nominal and real?
- Ireland ranks 22nd out of 51 countries with data for 2025.
- Is purchasing power parities, price level indices, nominal and real rising or falling in Ireland?
- Over the last ten years it is up 4.8%. The long-run trend across the full record is rising.
- Where does this Ireland data come from?
- The figures come from Eurostat, published as part of Purchasing power parities, price level indices, nominal and real expenditures by analytical categories - based on COICOP 2018. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 31 observations, free to reuse under CC BY 4.0 (Eurostat).