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# Ireland Economy

> Ireland economic indicators: GDP $721.7B, inflation 3.4%, unemployment 5.0%, policy rate 2.3%. 47 official series with history to 1956, from… Updated Aug 2026.

## Indicators

| Indicator | Last | Date | Previous | Highest | Lowest |
| --- | --- | --- | --- | --- | --- |
| Business Confidence | 9.90 | Aug 2026 | 9.60 | 36.70 (Nov 1999) | -36.10 (Apr 2020) |
| Consumer Confidence | -19.60 | Aug 2026 | -18.00 | 16.30 (Oct 1999) | -36.10 (Dec 2010) |
| Retail Sales MoM | 0.7% | Jul 2026 | 0.4% | 11.6% (May 2021) | -5.4% (Jan 2002) |
| Retail Sales YoY | 2.8% | Jul 2026 | 0.8% | 22.5% (Jan 2022) | -2.0% (Oct 2022) |
| Age-dependency ratio | 52.2% | Dec 2025 | 52.5% | 73.5% (Dec 1966) | 45.1% (Dec 2007) |
| Total fertility rate | 1.47 births per woman | Dec 2024 | 1.50 births per woman | 4.07 births per woman (Dec 1964) | 1.47 births per woman (Dec 2024) |
| Life expectancy at birth | 83.01 years | Dec 2024 | 82.81 years | 83.01 years (Dec 2024) | 69.68 years (Dec 1961) |
| Total population | 5.5M | Dec 2025 | 5.4M | 5.5M (Dec 2025) | 2.8M (Dec 1961) |
| Working-age population | 3.6M | Dec 2025 | 3.5M | 3.6M (Dec 2025) | 1.6M (Dec 1961) |
| Current account % GDP | 17.4% | Dec 2024 | 7.9% | 17.4% (Dec 2024) | -20.6% (Dec 2019) |
| FDI inflows | $4.8B | Dec 2024 | $-140.0B | $226.0B (Dec 2015) | $-140.0B (Dec 2023) |
| Gold Reserves | $1.6B | Jul 2026 | $1.6B | $2.0B (Feb 2026) | $48.0M (May 2001) |
| Personal remittances, received | $656.4M | Dec 2024 | $570.9M | $756.0M (Dec 2011) | $179.9M (Dec 2021) |
| CO2 emissions | 32.57 Mt CO₂ | Dec 2024 | 32.86 Mt CO₂ | 47.69 Mt CO₂ (Dec 2006) | 20.66 Mt CO₂ (Dec 1970) |
| Energy use per capita | 2,468 kg oil eq. per capita | Dec 2024 | 2,468 kg oil eq. per capita | 3,714 kg oil eq. per capita (Dec 2001) | 2,468 kg oil eq. per capita (Dec 2024) |
| Budget balance % GDP | 1.5% | Dec 2025 | 4.0% | 4.9% (Dec 2000) | -32.1% (Dec 2010) |
| Government debt % GDP | 32.9% | Dec 2025 | 38.3% | 118.9% (Dec 2012) | 23.7% (Dec 2006) |
| Military expenditure | 0.2% | Dec 2024 | 0.2% | 1.7% (Dec 1980) | 0.2% (Dec 2022) |
| Military expenditure, current USD | $1.3B | Dec 2024 | $1.3B | $1.6B (Dec 2008) | $25.8M (Dec 1960) |
| Government Spending to GDP | 21.6% | Dec 2025 | 22.4% | 64.9% (Dec 2010) | 20.7% (Dec 2022) |
| Tax revenue % GDP | 17.9% | Dec 2024 | 17.5% | 28.8% (Dec 1988) | 15.9% (Dec 2020) |
| House Price Index | 205 | Mar 2026 | 203 | 205 (Mar 2026) | 74.32 (Mar 2013) |
| House Price Index YoY | 6.8% | Mar 2026 | 7.0% | 19.6% (Dec 2014) | -21.3% (Sep 2009) |
| Policy / benchmark interest rate | 2.3% | Aug 2026 | 2.3% | 4.8% (Apr 2001) | 0.0% (Jun 2022) |
| Unemployment rate | 5.0% | Aug 2026 | 5.0% | 17.1% (Sep 1985) | 3.9% (Apr 2001) |
| Private credit / GDP | 23.8% | Dec 2024 | 25.2% | 169.3% (Dec 2009) | 23.8% (Dec 2024) |
| Official / period-average FX vs USD | 0.86 per USD | Aug 2026 | 0.88 per USD | 1.48 per USD (Mar 1985) | 0.63 per USD (Jul 2008) |
| Foreign-exchange reserves (ex-gold) | $13.6B | Jul 2026 | $13.5B | $14.2B (Jan 2026) | $797.1M (Oct 2006) |
| GDP From Agriculture | 207.9% | Jun 2026 | 192.7% | 207.9% (Jun 2026) | 47.7% (Sep 2006) |
| GDP From Construction | 139.2% | Jun 2026 | 136.8% | 190.5% (Mar 2007) | 70.7% (Dec 1995) |
| GDP, current prices, USD | $721.7B | Dec 2025 | $609.2B | $721.7B (Dec 2025) | $2.0B (Dec 1960) |
| Full-Year GDP Growth | 12.3% | Dec 2025 | 2.6% | 24.6% (Dec 2015) | -5.1% (Dec 2009) |
| GDP From Manufacturing | 175.0% | Jun 2026 | 141.8% | 226.7% (Sep 2022) | 21.3% (Sep 1995) |
| GDP per capita, PPP | Int$155,089 | Dec 2025 | Int$140,779 | Int$155,089 (Dec 2025) | Int$13,743 (Dec 1990) |
| GDP per capita, current USD | $131,592 | Dec 2025 | $112,895 | $131,592 (Dec 2025) | $707 (Dec 1960) |
| GDP, PPP, international $ | Int$850.6B | Dec 2025 | Int$759.6B | Int$850.6B (Dec 2025) | Int$48.3B (Dec 1990) |
| GDP From Public Administration | 143.1% | Jun 2026 | 140.8% | 143.1% (Jun 2026) | 60.1% (Dec 1995) |
| Real GDP growth, YoY | -16.8% | Mar 2026 | 2.9% | 28.1% (Mar 2015) | -16.8% (Mar 2026) |
| Inflation rate, CPI YoY | 3.4% | Jul 2026 | 3.4% | 24.2% (May 1975) | -6.5% (Oct 2009) |
| Producer Prices MoM | 3.9% | Jul 2026 | -0.5% | 7.9% (Mar 2022) | -6.9% (Oct 2019) |
| Hospital beds per 1,000 | 2.96 per 1,000 people | Dec 2023 | 2.94 per 1,000 people | 9.00 per 1,000 people (Dec 1981) | 2.54 per 1,000 people (Dec 2012) |
| Health expenditure % GDP | 6.9% | Dec 2024 | 6.6% | 10.5% (Dec 2009) | 5.9% (Dec 2000) |
| ICT goods exports, % of goods exports | 6.6% | Dec 2024 | 5.7% | 36.5% (Dec 2000) | 5.5% (Dec 2012) |
| ICT service exports, % of service exports | 57.4% | Dec 2024 | 57.2% | 57.4% (Dec 2024) | 35.9% (Dec 2013) |
| Industrial production YoY | 31.0% | Dec 2025 | -1.0% | 83.4% (Dec 2015) | -20.4% (Dec 2023) |
| Research & development expenditure % GDP | 1.6% | Dec 2023 | 1.5% | 1.6% (Dec 2009) | 1.1% (Dec 2001) |
| High-technology exports, % of manufactured exports | 53.5% | Dec 2024 | 47.8% | 53.5% (Dec 2024) | 22.9% (Dec 2010) |

## Full detail pages

- [Business Confidence](/ireland/business-confidence.md)
- [Consumer Confidence](/ireland/consumer-confidence.md)
- [Retail Sales MoM](/ireland/retail-sales.md)
- [Retail Sales YoY](/ireland/retail-sales-annual.md)
- [Age Dependency Ratio](/ireland/age-dependency-ratio.md)
- [Fertility Rate](/ireland/total-fertility-rate.md)
- [Life Expectancy](/ireland/life-expectancy-at-birth.md)
- [Population](/ireland/population.md)
- [Working-Age Population](/ireland/working-age-population.md)
- [Current Account to GDP](/ireland/current-account-pct-gdp.md)
- [FDI Inflows](/ireland/fdi-inflows.md)
- [Gold Reserves](/ireland/gold-reserves.md)
- [Remittances](/ireland/personal-remittances-received.md)
- [CO2 Emissions](/ireland/co2-emissions.md)
- [Energy Use per Capita](/ireland/energy-use-per-capita.md)
- [Government Budget](/ireland/budget-balance-pct-gdp.md)
- [Government Debt to GDP](/ireland/government-debt-to-gdp.md)
- [Military Expenditure](/ireland/military-expenditure.md)
- [Military Expenditure (USD)](/ireland/military-expenditure-usd.md)
- [Government Spending to GDP](/ireland/government-spending-to-gdp.md)
- [Tax Revenue to GDP](/ireland/tax-revenue-pct-gdp.md)
- [House Price Index](/ireland/house-price-index.md)
- [House Price Index YoY](/ireland/house-price-index-yoy.md)
- [Interest Rate](/ireland/interest-rate.md)
- [Unemployment Rate](/ireland/unemployment-rate.md)
- [Private Credit to GDP](/ireland/private-credit-gdp.md)
- [Exchange Rate](/ireland/exchange-rate.md)
- [Foreign Exchange Reserves](/ireland/foreign-exchange-reserves.md)
- [GDP From Agriculture](/ireland/gdp-from-agriculture.md)
- [GDP From Construction](/ireland/gdp-from-construction.md)
- [GDP](/ireland/gdp.md)
- [Full-Year GDP Growth](/ireland/full-year-gdp-growth.md)
- [GDP From Manufacturing](/ireland/gdp-from-manufacturing.md)
- [GDP per Capita PPP](/ireland/gdp-per-capita-ppp.md)
- [GDP per Capita](/ireland/gdp-per-capita-current-usd.md)
- [GDP PPP](/ireland/gdp-ppp-international.md)
- [GDP From Public Administration](/ireland/gdp-from-public-administration.md)
- [GDP Growth Rate](/ireland/gdp-growth-rate.md)
- [Inflation Rate](/ireland/inflation-rate.md)
- [Producer Prices MoM](/ireland/producer-prices-mom.md)
- [Hospital Beds](/ireland/hospital-beds-per-1-000.md)
- [Health Expenditure](/ireland/health-expenditure-pct-gdp.md)
- [ICT Goods Exports](/ireland/ict-goods-exports-share.md)
- [ICT Service Exports](/ireland/ict-service-exports-share.md)
- [Industrial Production](/ireland/industrial-production-yoy.md)
- [R&D Expenditure](/ireland/rd-expenditure-pct-gdp.md)
- [High-Tech Exports](/ireland/high-tech-exports-share.md)

## FAQ

**What is the current inflation rate in Ireland?**

Ireland's consumer price inflation is 3.4% year-on-year as of Jul 2026.

**How big is Ireland's economy?**

Ireland's nominal GDP was $721.7B in 2025.

**What is the unemployment rate in Ireland?**

Ireland's unemployment rate is 5.0% as of Aug 2026.

**Where does this data come from?**

We use primary economic sources for every country. See our methodology page for how we source and verify it.

---
Full history via API: `GET https://api.economicsapi.com/v1/history?country=ireland&indicator={indicator}`. Same data as an MCP tool, one per indicator.