GDP (constant LCU), annual growth rate in Ireland

Ireland: GDP (constant LCU), annual growth rate was 1.22 % change on previous year in 2024. ◆ Volatile

Latest (2024)
1.22 % change on previous year
Change on year
up 122.1%
World rank
165th
of 212 countries
All-time high
24.62 % change on previous year
in 2015
All-time low
-5.53 % change on previous year
in 2023
Years of data
54
1971–2024

GDP (constant LCU), annual growth rate in Ireland, 1971–2024

-1001020197119972024

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

Ireland recorded 1.22 % change on previous year for gdp (constant lcu), annual growth rate in 2024.

That represents a change of up 122.1% on the previous year and down 86.9% over ten years.

Over the whole period, gdp (constant lcu), annual growth rate in Ireland peaked at 24.62 % change on previous year in 2015 and was at its lowest, -5.53 % change on previous year, in 2023.

Ireland ranks 165th of 212 countries on this measure, in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

GDP (constant LCU), annual growth rate in Ireland, year by year

Annual values for GDP (constant LCU), annual growth rate in Ireland, 1971 to 2024.
Year % change on previous year Change
1971 3.47 % change on previous year
1972 6.49 % change on previous year +87.0%
1973 4.72 % change on previous year -27.2%
1974 4.26 % change on previous year -9.8%
1975 5.66 % change on previous year +32.8%
1976 1.39 % change on previous year -75.3%
1977 8.21 % change on previous year +488.7%
1978 7.19 % change on previous year -12.5%
1979 3.07 % change on previous year -57.2%
1980 3.08 % change on previous year +0.2%
1981 3.33 % change on previous year +8.0%
1982 2.28 % change on previous year -31.3%
1983 -0.2443 % change on previous year -110.7%
1984 4.35 % change on previous year -1882.4%
1985 3.09 % change on previous year -29.1%
1986 -0.4284 % change on previous year -113.9%
1987 4.66 % change on previous year -1188.4%
1988 5.22 % change on previous year +11.9%
1989 5.81 % change on previous year +11.4%
1990 8.47 % change on previous year +45.6%
1991 1.93 % change on previous year -77.2%
1992 3.34 % change on previous year +73.3%
1993 2.69 % change on previous year -19.5%
1994 5.76 % change on previous year +113.8%
1995 9.63 % change on previous year +67.4%
1996 7.38 % change on previous year -23.4%
1997 11.02 % change on previous year +49.4%
1998 8.77 % change on previous year -20.5%
1999 10.53 % change on previous year +20.1%
2000 9.4 % change on previous year -10.7%
2001 5.31 % change on previous year -43.6%
2002 5.9 % change on previous year +11.2%
2003 3.01 % change on previous year -48.9%
2004 6.79 % change on previous year +125.2%
2005 5.74 % change on previous year -15.5%
2006 4.99 % change on previous year -13.1%
2007 5.31 % change on previous year +6.5%
2008 -4.48 % change on previous year -184.4%
2009 -5.1 % change on previous year +13.6%
2010 1.68 % change on previous year -133.0%
2011 1.65 % change on previous year -2.0%
2012 -0.3992 % change on previous year -124.2%
2013 2.19 % change on previous year -649.1%
2014 9.34 % change on previous year +325.8%
2015 24.62 % change on previous year +163.7%
2016 1.22 % change on previous year -95.0%
2017 10.05 % change on previous year +722.1%
2018 7.54 % change on previous year -24.9%
2019 5.04 % change on previous year -33.2%
2020 7.16 % change on previous year +42.0%
2021 16.26 % change on previous year +127.1%
2022 8.62 % change on previous year -47.0%
2023 -5.53 % change on previous year -164.2%
2024 1.22 % change on previous year -122.1%

Ireland compared with similar countries

  • Ireland's 1.22 % change on previous year is below the median for high income countries, which is 2.27 % change on previous year, 54% of the median. (83 countries reporting)
  • Ireland's 1.22 % change on previous year is below the median for Europe & Central Asia, which is 2.27 % change on previous year, 54% of the median. (55 countries reporting)

Biggest year-on-year movements

Years where GDP (constant LCU), annual growth rate in Ireland changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
1984 +1882.4% -0.2443 % change on previous year 4.35 % change on previous year
1987 +1188.4% -0.4284 % change on previous year 4.66 % change on previous year
2017 +722.1% 1.22 % change on previous year 10.05 % change on previous year
2013 +649.1% -0.3992 % change on previous year 2.19 % change on previous year
1977 +488.7% 1.39 % change on previous year 8.21 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1970s 4.94 % change on previous year 1.39 % change on previous year 8.21 % change on previous year 9
1980s 3.11 % change on previous year -0.4284 % change on previous year 5.81 % change on previous year 10
1990s 6.95 % change on previous year 1.93 % change on previous year 11.02 % change on previous year 10
2000s 3.69 % change on previous year -5.1 % change on previous year 9.4 % change on previous year 10
2010s 6.29 % change on previous year -0.3992 % change on previous year 24.62 % change on previous year 10
2020s 5.54 % change on previous year -5.53 % change on previous year 16.26 % change on previous year 5

Countries ranked near Ireland

  1. 162 Bolivia 1.38 % change on previous year compare
  2. 163 Tunisia 1.35 % change on previous year compare
  3. 164 Switzerland 1.3 % change on previous year compare
  4. 166 Saint Kitts and Nevis 1.17 % change on previous year compare
  5. 167 France 1.17 % change on previous year compare
  6. 168 Czechia 1.12 % change on previous year compare

See the full ranking of 212 places →

More population data for Ireland

All data for Ireland →

Frequently asked questions

What is gdp (constant lcu), annual growth rate in Ireland?
Gdp (constant lcu), annual growth rate in Ireland was 1.22 % change on previous year in 2024, according to Statizoid (derived).
What is the highest gdp (constant lcu), annual growth rate recorded in Ireland?
The highest recorded value was 24.62 % change on previous year in 2015.
What is the lowest gdp (constant lcu), annual growth rate recorded in Ireland?
The lowest recorded value was -5.53 % change on previous year in 2023.
How does Ireland rank for gdp (constant lcu), annual growth rate?
Ireland ranks 165th out of 212 countries with data for 2024.
Is gdp (constant lcu), annual growth rate rising or falling in Ireland?
Over the last ten years it is down 86.9%. The long-run trend across the full record is volatile.
Where does this Ireland data come from?
The figures come from Statizoid (derived), published as part of GDP (constant LCU), annual growth rate. Statizoid updates them automatically from the source API.

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GDP (constant LCU), annual growth rate in Ireland. Statizoid, drawing on Statizoid (derived). Retrieved 21 September 2026, from https://population.statizoid.com/stat/gdp-constant-lcu-annual-growth-rate-2/ireland/

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How this figure is calculated

The year-on-year percentage change in GDP (constant LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
GDP (constant LCU), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
212 places, 10,021 data points, 1971–2024
Last refreshed

The year-on-year percentage change in GDP (constant LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.