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Ireland GDP Annual Growth Rate

Ireland's GDP annual growth rate rose to 1.22% in 2024, up from -5.53% in 2023, according to World Bank. This represents an increase of 6.75% from the previous year. Ireland has GDP annual growth rate lower than the global median (1.22% vs median 3.24%). Compared with the median in Europe, Ireland is lower (1.22% vs regional median 2.10%) and ranks 29th out of 47 countries in Europe.

Ireland's real GDP rose to $492.37 billion in 2024, up from $486.43 billion in 2023.

Yearly Historical Data (1961-2024)

(in %)
Year GDP Annual Growth Rate (%)
2024 1.22%
2023 -5.53%
2022 8.62%
2021 16.26%
2020 7.16%
2019 5.04%
2018 7.54%
2017 10.05%
2016 1.22%
2015 24.62%
2014 9.34%
2013 2.19%
2012 -0.4%
2011 1.65%
2010 1.68%
2009 -5.1%
2008 -4.48%
2007 5.31%
2006 4.99%
2005 5.74%
2004 6.79%
2003 3.01%
2002 5.9%
2001 5.31%
2000 9.4%
1999 10.53%
1998 8.77%
1997 11.02%
1996 7.38%
1995 9.63%
1994 5.76%
1993 2.69%
1992 3.34%
1991 1.93%
1990 8.47%
1989 5.81%
1988 5.22%
1987 4.66%
1986 -0.43%
1985 3.09%
1984 4.35%
1983 -0.24%
1982 2.28%
1981 3.33%
1980 3.08%
1979 3.07%
1978 7.19%
1977 8.21%
1976 1.39%
1975 5.66%
1974 4.26%
1973 4.72%
1972 6.49%
1971 3.47%
1970 2.66%
1969 5.86%
1968 8.24%
1967 5.79%
1966 0.89%
1965 1.93%
1964 3.79%
1963 4.74%
1962 3.22%
1961 5.02%
Ireland GDP Annual Growth Rate : Definition
GDP Annual Growth Rate measures the yearly percentage change in Ireland's total economic output.
Indicator Last Value Prior Value Period
GDP $577.39B $551.39B 2024
GDP Growth Rate (QoQ) 0.2% 7.5% Jun'25
GDP Growth Rate (YoY) 17.1% 20% Jun'25
GDP per Capita $91,514.33 $91,647.77 2024
GDP per Capita PPP $115,337.2 $115,505.3 2024
R&D Expenditure (% GDP) 0.96% 1.11% 2022
Real GDP $492.37B $486.43B 2024