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 | 529 USD Billion | 2022 |
| GDP Annual Growth Rate | -0.7 % | 2Q/23 |
| GDP Growth Rate | 0.5 % | 2Q/23 |
| GDP per capita | 98562 USD | 2022 |
| Inflation Rate YoY | 6.3 % | Aug/23 |
| Interest Rate | 4.5 % | Sep/23 |
| Unemployment Rate | 4.2 % | Sep/23 |
| Wages | 910 EUR/Week | 3861.659 USD/Month | 2Q/23 |
| Balance of Trade | 4916028 EUR Thousand | 5.215 B USD | Jul/23 |
| Current Account | 15831 EUR Million | 16.795 B USD | 2Q/23 |
| Foreign Exchange Reserves | 11795 EUR Million | 12.513 B USD | Jul/23 |
| Government Debt | 223638 EUR Million | 237.257 B USD | 1Q/23 |
GDP Indicators
| Indicator | Data | Period |
|---|---|---|
| GDP Value | 529 USD Billion | 2022 |
| GDP Annual Growth Rate | -0.7 % | 2Q/23 |
| GDP Growth Rate | 0.5 % | 2Q/23 |
| GDP per capita | 98562 USD | 2022 |
| Gross National Product | 89922 EUR Million | 95.398 USD Billion | 2Q/23 |
| GDP Constant Prices | 1970526 EUR Million | 2090.522 B USD | 3Q/22 |
| GDP per capita PPP | 113871 USD | 2022 |
| GDP From Agriculture | 1299 EUR Million | 1.378 B USD | 2Q/23 |
| GDP From Construction | 2393 EUR Million | 2.539 B USD | 2Q/23 |
| GDP From Manufacturing | 44718 EUR Million | 47.441 B USD | 2Q/23 |
| GDP From Public Administration | 10695 EUR Million | 11.346 B USD | 2Q/23 |
| GDP From Transport | 10235 EUR Million | 10.858 B USD | 2Q/23 |
Budget Indicators
| Indicator | Data | Period |
|---|---|---|
| Government Debt to GDP | 44.7 % | 2022 |
| Government Budget Value | 1832 EUR Million | 1.944 USD Billion | 1Q/23 |
| Government Spending | 11642 EUR Million | 12.351 USD Billion | 2Q/23 |
| Government Debt | 223638 EUR Million | 237.257 USD Billion | 1Q/23 |
| Government Revenues | 27684 EUR Million | 29.37 USD Billion | 1Q/23 |
| Fiscal Expenditure | 1831022 EUR Million | 1942.523 B USD | 2022 |
| Government Budget to GDP | 1.6 % | 2022 |
| Government Spending to GDP | 21.4 % | 2022 |
| Military Expenditure | 1164 USD Million | 1.164 B USD | 2022 |
Inflation Indicators
| Indicator | Data | Period |
|---|---|---|
| Consumer Price Index (CPI) | 121 index points | Aug/23 |
| Export Prices | 94.8 index points | May/23 |
| Food Inflation | 8.2 % | Aug/23 |
| Gasoline Prices | 1.8 USD/Liter | Aug/23 |
| GDP Deflator | 109 index points | 2Q/23 |
| Import Prices | 93.5 index points | May/23 |
| Inflation Rate YoY | 6.3 % | Aug/23 |
| Producer Prices | 86.9 index points | Aug/23 |
| Inflation Rate Mom | 0.7 % | Aug/23 |
| Core Consumer Prices | 117 Index Points | Aug/23 |
| Core Inflation Rate | 6.36 % | Aug/23 |
| CPI Housing Utilities | 164 Index Points | Aug/23 |
| CPI Transportation | 125 Index Points | Aug/23 |
| Harmonised Consumer Prices | 119 Index Points | Sep/23 |
| Producer Prices Change | -0.3 % | Aug/23 |
Trade Indicators
| Indicator | Data | Period |
|---|---|---|
| Current Account to GDP | 8.8 % | 2022 |
| Balance of Trade | 4916028 EUR Thousand | 5.215 USD Billion | Jul/23 |
| Capital Flows | -4318 EUR Million | -4.581 USD Billion | 2Q/23 |
| Current Account | 15831 EUR Million | 16.795 USD Billion | 2Q/23 |
| Exports | 15954616 EUR Thousand | 16.926 USD Billion | Jul/23 |
| External Debt | 2984248 EUR Million | 3165.975 USD Billion | 2Q/23 |
| Foreign Exchange Reserves | 11795 EUR Million | 12.513 USD Billion | Jul/23 |
| Imports | 11038588 EUR Thousand | 11.711 USD Billion | Jul/23 |
| Terms of Trade | 101 Index Points | May/23 |
| Tourism Revenues | 10.7 USD Billion | 2022 |
| Tourist Arrivals | 2425 Thousand Persons | 2.425 Million Persons | 4Q/19 |
Money Indicators
| Indicator | Data | Period |
|---|---|---|
| Bank Lending Rate | 4.13 % | Jul/23 |
| Gold Reserves | 12.04 Tonnes | 2Q/23 |
| Interbank Rate | 3.95 % | Sep/23 |
| Interest Rate | 4.5 % | Sep/23 |
| Loans to Private Sector | 30835 EUR Million | 32.713 USD Billion | Aug/23 |
| Money Supply M1 | 282275 EUR Million | 299.464 USD Billion | Aug/23 |
| Money Supply M2 | 333973 EUR Million | 354.31 USD Billion | Aug/23 |
| Money Supply M3 | 400579 EUR Million | 424.972 USD Billion | Aug/23 |
| Central Bank Balance Sheet | 12970906 EUR Million | 13760.774 B USD | Mar/23 |
| Deposit Interest Rate | 13.3 % | Jul/23 |
| Foreign Direct Investment | -40785 EUR Million | -43.269 B USD | 2Q/23 |
| Private Sector Credit | 162570 EUR Million | 172.47 B USD | Aug/23 |
Labor Indicators
| Indicator | Data | Period |
|---|---|---|
| Minimum Wages | 11.3 EUR/Month | 11.988 USD/Month | 2023 |
| Retirement Age Men | 66 | 2022 |
| Retirement Age Women | 66 | 2022 |
| Unemployment Rate | 4.2 % | Sep/23 |
| Wages | 910 EUR/Week | 3861.659 USD/Month | 2Q/23 |
| Youth Unemployment Rate | 11.9 % | Sep/23 |
| Average Hourly Earnings | 28.07 EUR | 29.779 USD | 2Q/23 |
| Employed Persons | 2629 Thousand Person | 2.629 Million Person | 2Q/23 |
| Employment Change | 0.6 % | 2Q/23 |
| Employment Rate | 74.2 % | 2Q/23 |
| Full Time Employment | 2076 Thousand Person | 2Q/23 |
| Initial Jobless Claims | 37404 Persons | 37.404 K Persons | Sep/23 |
| Labor Force Participation Rate | 65.3 % | 2Q/23 |
| 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 | 1.2 % | 2Q/23 |
| Part Time Employment | 560 Thousand Persons | 2Q/23 |
| Unemployed Persons | 116 Thousand Persons | 0.116 Million Persons | 3Q/23 |
| Unemployment Change | -12246 Persons | -12.246 K Persons | Sep/23 |
| Wage Growth | 4.3 % | 2Q/23 |
| Wages High Skilled | 3640 EUR/Month | 4105.989 USD/Month | 2018 |
| Wages in Manufacturing | 1028 EUR/Week | 4362.402 USD/Month | 2Q/23 |
| Wages Low Skilled | 2200 EUR/Month | 2481.641 USD/Month | 2018 |
Taxes
| Indicator | Data | Period |
|---|---|---|
| Corporate Tax Rate | 12.5 % | 2023 |
| Personal Income Tax Rate | 40 % | 2023 |
| Sales Tax Rate | 23 % | 2023 |
| Social Security Rate | 15.05 % | 2023 |
| Social Security Rate For Companies | 11.05 % | 2023 |
| Social Security Rate For Employees | 4 % | 2023 |
Production Indicators
| Indicator | Data | Period |
|---|---|---|
| Electricity Production | 2341 GWh | Aug/23 |
| Industrial Production | -25.8 % | Aug/23 |
| Mining Production | 9.5 % | May/18 |
| Industrial Production (MoM) | 6.1 % | Aug/23 |
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 | 49.6 index points | Sep/23 |
| Manufacturing Production | -28.7 % | Aug/23 |
| Services PMI | 54.5 index points | Sep/23 |
| Competitiveness Index | 75.12 Index Points | 2019 |
| Competitiveness Rank | 24 | 2019 |
Consumer Indicators
| Indicator | Data | Period |
|---|---|---|
| Consumer Confidence | 58.8 index points | Sep/23 |
| Private Debt To GDP | 303 % | 2021 |
| Retail Sales MoM | -0.1 % | Aug/23 |
| Retail Sales YoY | 3.6 % | Aug/23 |
| Consumer Credit | 12130 EUR Million | 12.869 USD Billion | Aug/23 |
| Consumer Spending | 32059 EUR Million | 34.011 USD Billion | 2Q/23 |
| Disposable Personal Income | 336521 EUR Million | 357.014 B USD | 2022 |
| Households Debt To GDP | 25.4 % | 1Q/23 |
| Households Debt To Income | 95.01 % | 2021 |
Housing Market
| Indicator | Data | Period |
|---|---|---|
| Construction Output | -2.1 % | 2Q/23 |
| Construction PMI | 48.6 Index Points | Sep/23 |
| Existing Home Sales | 3431 Units | 3.431 K Units | Jul/23 |
| New Home Sales | 743 Units | Jul/23 |
