Ireland - Nominal Gross Domestic Product





Ireland: Nominal Gross Domestic Product

Mnemonic GDP.IIRL
Unit Mil. EUR, SA
Adjustments Seasonally Adjusted
Quarterly 10.96 %
Data 2022 Q1 116,812
2021 Q4 105,273

Series Information

Source Central Statistics Office (CSO)
Release National Accounts - GDP
Frequency Quarterly
Start Date 3/31/1995
End Date 3/31/2022

Ireland: GDP

Reference Last Previous Units Frequency
Government Consumption 2022 Q1 10,959 11,092 Mil. EUR, SA Quarterly
Investment 2022 Q1 26,706 38,588 Mil. EUR, SA Quarterly
Nominal Fixed Investment (gross fixed capital formation) 2022 Q1 23,376 38,346 Mil. EUR, SA Quarterly
Nominal Gross Domestic Product 2022 Q1 116,812 105,273 Mil. EUR, SA Quarterly
Private Consumption 2022 Q1 29,084 28,829 Mil. EUR, SA Quarterly
Real Fixed Investment (gross fixed capital formation) 2022 Q1 20,500 33,881 Mil. Ch. 2019 EUR, SA Quarterly
Real Government Consumption 2022 Q1 10,488 10,533 Mil. Ch. 2019 EUR, SA Quarterly
Real Gross Domestic Product 2022 Q1 115,482 104,178 Mil. Ch. 2019 EUR, SA Quarterly
Real Investment 2022 Q1 24,422 33,096 Mil. Ch. 2019 EUR, SA Quarterly
Real Private Consumption 2022 Q1 26,890 27,082 Mil. Ch. 2019 EUR, SA Quarterly

Release Information

Quarterly national accounts for Ireland, including expenditure (use of GDP) and production (GVA by industry) approaches. Quarterly from 1995.

Active:

  • National accounts framework: ESA 2010
  • Industry classification: NACE Rev. 2
  • Measurements:
    • Millions of euros at chained year-2019 prices (Mil. Ch. 2019 EUR)
    • At current prices (Mil. EUR)
  • Adjustments:
    • Seasonally adjusted (SA)
    • Not seasonally adjusted (NSA)
  • Native frequency: Quarterly
  • Start date: 1995

Predecessors:

  • 2018 prices - 1995 to 2021
  • 2017 prices - 1995 to 2020
  • 2016 prices - 1995 to 2018
  • 2015 prices - 1995 to 2017
  • NACE Rev. 2 broad groupings - 1997 to 2016
  • Regional accounts under NUTS 2013 delineations - 2000 to 2015
  • 2011 prices - 1997 to 2013
  • 2010 prices - 1997 to 2012
  • 2009 prices - 1997 to 2011
  • 2008 prices - 1997 to 2010

Seasonal adjustment: Uses the direct approach where each individual time series and aggregate is independently adjusted. Seasonal factors are updated quarterly and the series are adjusted using the X-12_ARIMA model.

Gross Domestic Product (GDP) is representative of output, or total value added, in the production of goods and services in the country.

Imports: Reported as negative values.

Net factor income (NFI) is equal to the investment and labour income earned abroad by Irish residents minus the similiar incomes earned in Ireland by non-residents.

Gross National Product (GNP) is the sum of GDP and NFI. This series can be very volitile as NFI is the difference of two large gross flows and can therefore cause the GNP to fluctuate. This can also lead to substantial differences between GDP and GNP growth rates.

Seasonal factors are updated quarterly.

For chained prices (real data), the currency reference year is advanced annually, typically in July or August.