Ireland Gross National ProductIreland Gross National ProductIreland Gross National Product

Ireland Gross National Product

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Key data points


Last release
Observation period
Q2 2024
Next release
Forecast
Highest
‪94.37 B‬EUR on Jun 30, 2024
Lowest
‪22.72 B‬EUR on Mar 31, 1995

About Ireland Gross National Product


Category
GDP
Frequency
Quarterly
Units
EUR
In Ireland, Gross National Product (GNP) is the sum of GDP and Net factor income from the rest of the world (NFI), which is the difference between investment income (interest, profits etc.) and labour income earned abroad by Irish resident persons and companies (inflows) and similar incomes earned in Ireland by non-residents (outflows). Because NFI is the difference between two large gross flows, its magnitude can fluctuate greatly from one quarter to another. This can lead to significant differences between the GDP and GNP growth rate for the same quarter.