Economy of Ireland. Statistics, Data and Indicators
Ireland
| 70A+ | Credit rank #37 |
| 163.53 | Quality of life #22 |
| 10 | Corruption rank#18 |
| 24 | Ease of doing business#23 |
Ireland Major Economic Indicators
| Indicator | Data | Period |
|---|---|---|
| GDP Value | 504 USD Billion | 2021 |
| GDP Annual Growth Rate | 12 % | 4Q/22 |
| GDP Growth Rate | 0.3 % | 4Q/22 |
| GDP per capita | 88967 USD | 2021 |
| Inflation Rate YoY | 8.5 % | Feb/23 |
| Interest Rate | 3.5 % | Mar/23 |
| Unemployment Rate | 4.3 % | Feb/23 |
| Wages | 900 EUR/Week | 3865.523 USD/Month | 4Q/22 |
| Balance of Trade | 4244606 EUR Thousand | 4.558 B USD | Jan/23 |
| Current Account | 15825 EUR Million | 16.992 B USD | 4Q/22 |
| Foreign Exchange Reserves | 12352 EUR Million | 13.263 B USD | Feb/23 |
| Government Debt | 236142 EUR Million | 253.559 B USD | 3Q/22 |
GDP Indicators
| Indicator | Data | Period |
|---|---|---|
| GDP Value | 504 USD Billion | 2021 |
| GDP Annual Growth Rate | 12 % | 4Q/22 |
| GDP Growth Rate | 0.3 % | 4Q/22 |
| GDP per capita | 88967 USD | 2021 |
| Gross National Product | 88209 EUR Million | 94.715 USD Billion | 4Q/22 |
| GDP Constant Prices | 1970386 EUR Million | 2115.624 B USD | 3Q/22 |
| GDP per capita PPP | 102496 USD | 2021 |
| GDP From Agriculture | 788 EUR Million | 0.846 B USD | 4Q/22 |
| GDP From Construction | 2168 EUR Million | 2.328 B USD | 4Q/22 |
| GDP From Manufacturing | 55221 EUR Million | 59.294 B USD | 4Q/22 |
| GDP From Public Administration | 9678 EUR Million | 10.392 B USD | 4Q/22 |
| GDP From Transport | 9122 EUR Million | 9.795 B USD | 4Q/22 |
Budget Indicators
| Indicator | Data | Period |
|---|---|---|
| Government Debt to GDP | 56 % | 2021 |
| Government Budget Value | 2707 EUR Million | 2.907 USD Billion | 3Q/22 |
| Government Spending | 11129 EUR Million | 11.95 USD Billion | 4Q/22 |
| Government Debt | 236142 EUR Million | 253.559 USD Billion | 3Q/22 |
| Government Revenues | 28490 EUR Million | 30.591 USD Billion | 3Q/22 |
| Fiscal Expenditure | 1578774 EUR Million | 1694.327 B USD | 2021 |
| Government Budget to GDP | -1.7 % | 2021 |
| Government Spending to GDP | 24.9 % | 2021 |
| Military Expenditure | 1268 USD Million | 1.268 B USD | 2021 |
Inflation Indicators
| Indicator | Data | Period |
|---|---|---|
| Consumer Price Index (CPI) | 117 index points | Feb/23 |
| Export Prices | 101 index points | Dec/22 |
| Food Inflation | 12.8 % | Jan/23 |
| Gasoline Prices | 1.74 USD/Liter | Feb/23 |
| GDP Deflator | 108 index points | 4Q/22 |
| Import Prices | 108 index points | Dec/22 |
| Inflation Rate YoY | 8.5 % | Feb/23 |
| Producer Prices | 86.7 index points | Jan/23 |
| Inflation Rate Mom | 1.6 % | Feb/23 |
| Core Consumer Prices | 112 Index Points | Feb/23 |
| Core Inflation Rate | 5 % | Jan/23 |
| CPI Housing Utilities | 158 Index Points | Feb/23 |
| CPI Transportation | 120 Index Points | Feb/23 |
| Harmonised Consumer Prices | 116 Index Points | Feb/23 |
| Producer Prices Change | 3.6 % | Feb/23 |
Trade Indicators
| Indicator | Data | Period |
|---|---|---|
| Current Account to GDP | 13.9 % | 2021 |
| Balance of Trade | 4244606 EUR Thousand | 4.558 USD Billion | Jan/23 |
| Capital Flows | 21708 EUR Million | 23.309 USD Billion | 4Q/22 |
| Current Account | 15825 EUR Million | 16.992 USD Billion | 4Q/22 |
| Exports | 15453545 EUR Thousand | 16.593 USD Billion | Jan/23 |
| External Debt | 2813876 EUR Million | 3021.417 USD Billion | 4Q/22 |
| Foreign Exchange Reserves | 12352 EUR Million | 13.263 USD Billion | Feb/23 |
| Imports | 11208940 EUR Thousand | 12.036 USD Billion | Jan/23 |
| Terms of Trade | 93.7 Index Points | Dec/22 |
| Tourism Revenues | 13 USD Billion | 2021 |
| Tourist Arrivals | 2425 Thousand Persons | 2.425 Million Persons | 4Q/19 |
Money Indicators
| Indicator | Data | Period |
|---|---|---|
| Bank Lending Rate | 2.89 % | Feb/23 |
| Gold Reserves | 12.04 Tonnes | 4Q/22 |
| Interbank Rate | 2.74 % | Feb/23 |
| Interest Rate | 3.5 % | Mar/23 |
| Loans to Private Sector | 32182 EUR Million | 34.556 USD Billion | Jan/23 |
| Money Supply M1 | 294130 EUR Million | 315.824 USD Billion | Jan/23 |
| Money Supply M2 | 341886 EUR Million | 367.102 USD Billion | Jan/23 |
| Money Supply M3 | 394461 EUR Million | 423.555 USD Billion | Jan/23 |
| Central Bank Balance Sheet | 12010126 EUR Million | 12889.167 B USD | Nov/22 |
| Deposit Interest Rate | 10.7 % | Jan/23 |
| Foreign Direct Investment | -978 EUR Million | -1.05 B USD | 4Q/22 |
| Private Sector Credit | 161580 EUR Million | 173.498 B USD | Jan/23 |
Labor Indicators
| Indicator | Data | Period |
|---|---|---|
| Minimum Wages | 11.3 EUR/Month | 12.133 USD/Month | 2023 |
| Retirement Age Men | 66 | 2022 |
| Retirement Age Women | 66 | 2022 |
| Unemployment Rate | 4.3 % | Feb/23 |
| Wages | 900 EUR/Week | 3865.523 USD/Month | 4Q/22 |
| Youth Unemployment Rate | 10.2 % | Feb/23 |
| Average Hourly Earnings | 27.72 EUR | 29.765 USD | 4Q/22 |
| Employed Persons | 2568 Thousand Person | 2.568 Million Person | 4Q/22 |
| Employment Change | 0.6 % | 4Q/22 |
| Employment Rate | 73.2 % | 4Q/22 |
| Full Time Employment | 2023 Thousand Person | 4Q/22 |
| Initial Jobless Claims | 37796 Persons | 37.796 K Persons | Feb/23 |
| Labor Force Participation Rate | 64.5 % | 4Q/22 |
| Living Wage Family | 2710 EUR/Month | 3056.931 USD/Month | 2018 |
| Living Wage Individual | 1150 EUR/Month | 1297.222 USD/Month | 2018 |
| Long Term Unemployment Rate | 1.3 % | 4Q/22 |
| Part Time Employment | 550 Thousand Persons | 4Q/22 |
| Unemployed Persons | 112 Thousand Persons | 0.112 Million Persons | 4Q/22 |
| Unemployment Change | -1335 Persons | -1.335 K Persons | Feb/23 |
| Wage Growth | 4.2 % | 4Q/22 |
| Wages High Skilled | 3640 EUR/Month | 4105.989 USD/Month | 2018 |
| Wages in Manufacturing | 983 EUR/Week | 4222.01 USD/Month | 4Q/22 |
| Wages Low Skilled | 2200 EUR/Month | 2481.641 USD/Month | 2018 |
Taxes
| Indicator | Data | Period |
|---|---|---|
| Corporate Tax Rate | 12.5 % | 2022 |
| Personal Income Tax Rate | 40 % | 2022 |
| Sales Tax Rate | 23 % | 2022 |
| Social Security Rate | 15.05 % | 2022 |
| Social Security Rate For Companies | 11.05 % | 2022 |
| Social Security Rate For Employees | 4 % | 2022 |
Production Indicators
| Indicator | Data | Period |
|---|---|---|
| Electricity Production | 2592 GWh | Feb/23 |
| Industrial Production | -6.8 % | Dec/22 |
| Mining Production | 9.5 % | May/18 |
| Industrial Production (MoM) | -8.5 % | Dec/22 |
Business Indicators
| Indicator | Data | Period |
|---|---|---|
| Business Confidence | 21.8 index points | 0Q/23 |
| Corruption Index | 77 index points | 2022 |
| Corruption Rank | 10 place | 2022 |
| Ease of Doing Business | 24 place | 2019 |
| Manufacturing PMI | 51.3 index points | Feb/23 |
| Manufacturing Production | -6.6 % | Dec/22 |
| Services PMI | 58.2 index points | Feb/23 |
| Competitiveness Index | 75.12 Index Points | 2019 |
| Competitiveness Rank | 24 | 2019 |
Consumer Indicators
| Indicator | Data | Period |
|---|---|---|
| Consumer Confidence | 53.9 index points | Mar/23 |
| Private Debt To GDP | 308 % | 2021 |
| Retail Sales MoM | 0.1 % | Jan/23 |
| Retail Sales YoY | 3 % | Jan/23 |
| Consumer Credit | 11722 EUR Million | 12.587 USD Billion | Jan/23 |
| Consumer Spending | 28295 EUR Million | 30.382 USD Billion | 4Q/22 |
| Disposable Personal Income | 321523 EUR Million | 345.237 B USD | 2021 |
| Households Debt To GDP | 27.1 % | 3Q/22 |
| Households Debt To Income | 95.01 % | 2021 |
Housing Market
| Indicator | Data | Period |
|---|---|---|
| Construction Output | -11 % | 4Q/22 |
| Construction PMI | 49.8 Index Points | Feb/23 |
| Existing Home Sales | 2992 Units | 2.992 K Units | Jan/23 |
| New Home Sales | 683 Units | Jan/23 |
