Ireland Current Account to GDP

17.4% +9.51 pt

Dec 2024 · Annual

In 2024, Ireland's current account surplus reached 17.4% of GDP, rising from 7.9% in 2023. The reading is the highest in the series since it began in 2005 and matches the all-time high. The all-time low was -20.6% of GDP in 2019.

Ireland Current Account to GDP, 2005–2024
ActualPreviousHighestLowestDatesFrequency
17.4%7.9%17.4%Dec 2024-20.6%Dec 20192005 – 2024Annual

Related indicators

IndicatorLastPreviousHighestLowestLast updatedFrequency
FDI Inflows$4.8B$-140.0B$226.0B$-140.0BDec 2024Annual
Exchange Rate0.86 per USD0.88 per USD1.48 per USD0.63 per USDAug 2026Monthly

About this series

Current Account to GDP in Ireland averaged 0.7% from 2005 until 2024, reaching an all-time high of 17.4% in Dec 2024 and a record low of -20.6% in Dec 2019. The series is reported yearly with history from 2005.

The current account as a percentage of GDP measures Ireland's balance of transactions with the rest of the world, expressed as a share of gross domestic product. The indicator is compiled on an annual basis and the series spans from 2005 to 2024.

Source & methodology

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

FAQ

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