Key data points
Last release
—
Observation period
Q3 2024
Next release
—
Forecast
—
Highest
21.40% on Mar 31, 2015
Lowest
−5.40% on Jun 30, 2020
About Ireland GDP Growth Rate
Irish economy is based on foreign trade, industry and investment. The country is major high-tech manufacturer and is one of the world’s biggest exporters of pharmaceuticals and software. On the expenditure side, household consumption is the main component of GDP and accounts for 44 percent, followed by gross fixed capital formation (19 percent) and government expenditure (17 percent). Net exports adds 19 percent to total GDP as exports account for 114 percent while imports for 95 percent.