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Ireland Real GDP

Ireland's real GDP rose to $492.37 billion in 2024, up from $486.43 billion in 2023, according to World Bank. This represents an increase of 1.2% ($5.94 billion) from the previous year and accounts for 0.51% of the world's total real GDP. Ireland has real GDP higher than the global median ($492.37 billion vs median $29.34 billion). Compared with the median in Europe, Ireland is higher ($492.37 billion vs regional median $78.54 billion) and ranks 13th out of 47 countries in Europe.

Ireland's GDP per capita fell to $91,514.33 in 2024, down from $91,647.77 in 2023.

Yearly Historical Data (1960-2024)

(in Billion USD)
Year Real GDP (Billion USD)
2024 492.37
2023 486.43
2022 514.9
2021 474.04
2020 407.76
2019 380.52
2018 362.26
2017 336.85
2016 306.09
2015 302.39
2014 242.66
2013 221.94
2012 217.18
2011 218.05
2010 214.51
2009 210.96
2008 222.29
2007 232.72
2006 220.99
2005 210.49
2004 199.06
2003 186.41
2002 180.96
2001 170.88
2000 162.27
1999 148.32
1998 134.19
1997 123.37
1996 111.13
1995 103.49
1994 94.39
1993 89.26
1992 86.92
1991 84.1
1990 82.51
1989 76.07
1988 71.89
1987 68.33
1986 65.28
1985 65.56
1984 63.6
1983 60.95
1982 61.1
1981 59.73
1980 57.81
1979 56.08
1978 54.41
1977 50.76
1976 46.91
1975 46.27
1974 43.79
1973 42
1972 40.11
1971 37.66
1970 36.4
1969 35.46
1968 33.49
1967 30.94
1966 29.25
1965 28.99
1964 28.44
1963 27.4
1962 26.16
1961 25.35
1960 24.14
Ireland Real GDP : Definition
Real GDP is defined as the value of all goods and services produced in Ireland, measured in US dollars adjusted to 2015 prices. By fixing prices to a base year, it removes the effect of inflation, so this represents real GDP rather than nominal GDP.
Indicator Last Value Prior Value Period
GDP $577.39B $551.39B 2024
GDP Annual Growth Rate 1.22% -5.53% 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