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Ireland flag Ireland:

Presentation of Ireland : Economy

National Currency:
Euro (EUR)
Exchange Rate on :

Type of Economy:
High-income economy, OECD member
As a high-tech and services based economy that is highly dependent on trade, Ireland—known as the ‘Celtic Tigre’ in the early 2000s for its strong economic performance—was hit hard by the economic crisis. It now records a large deficit (1.5% of GDP in 2015), but one that has steadily decreased since 2010. The economy has been showing other signs of recovery since 2014.
GDP
(billions USD) :
550.52 (Source: IMF – World Economic Outlook Database, 2022)
GDP
(Constant Prices, Annual % Change) :
3.5 (Source: IMF – World Economic Outlook Database, 2022)
GDP per Capita
(USD) :
108,163 (Source: IMF – World Economic Outlook Database, 2022)
General Government Gross Debt
(in % of GDP) :
58.8 (Source: IMF – World Economic Outlook Database, 2022)
Unemployment Rate
(% of the Labour Force) :
7.0 (Source: IMF – World Economic Outlook Database, 2022)
Inflation Rate
(%) :
5.7 (Source: IMF – World Economic Outlook Database, 2022)
Employment By Sector
(in % of Total Employment) :
Agriculture (4.4), Industry (18.8), Services (76.8) (Source: World Bank, Latest available data.)
Value Added
(in % of GDP) :
Agriculture (0.9), Industry (38.0), Services (54.8) (Source: World Bank, Latest available data.)

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Latest Update: June 2022