Markets Actual Q1 Q2 Q3 Q4 2020
Currency 1.08 1.1 1.1 1.1 1.09 1.09
Stock Market (points) 7157.21 6910 6823 6737 6652 6481
Government Bond 10Y (%) -0.12 0.01 0.03 0.04 0.06 0.1
Overview Actual Q1 Q2 Q3 Q4 2020
GDP Growth Rate (%) 1.70 0.9 0.8 0.7 0.8 0.7
GDP Annual Growth Rate (%) 5.00 4.1 3.6 3.8 4 3.2
Unemployment Rate (%) 4.80 4.6 4.5 4.8 5.1 5.2
Inflation Rate (%) 1.30 1.1 0.9 1 1.2 1.5
Inflation Rate Mom (%) 0.20 0.4 0.5 -0.2 0.6 0.6
Interest Rate (%) 0.00 0 0 0 0 0
Balance of Trade (EUR Thousand) 3548400.00 5900000 5100000 3700000 3000000 3000000
Current Account (EUR Million) 11160.00 4440 10100 12300 3560 2960
Current Account to GDP (%) 10.60 1.5 1.5 1.5 1.5 1.9
Government Debt to GDP (%) 63.60 55.9 55.9 55.9 55.9 52.7
Government Budget (% of GDP) 0.10 0.2 0.2 0.2 0.2 0.5
Business Confidence (%) -26.00 -12 -10 -8 -6 5
Services PMI (points) 56.90 56.2 56.5 55.2 56 56.5
Manufacturing PMI (points) 51.40 53 53.7 54 54.5 54
Consumer Confidence (points) 85.50 88 89 91 97 105
Retail Sales MoM (%) 3.60 -0.4 0.6 -0.1 0.5 0.5
Corporate Tax Rate (%) 12.50 12.5 12.5 12.5 12.5 12.5
Personal Income Tax Rate (%) 48.00 48 48 48 48 48
GDP Actual Q1 Q2 Q3 Q4 2020
GDP Growth Rate (%) 1.70 0.9 0.8 0.7 0.8 0.7
GDP Annual Growth Rate (%) 5.00 4.1 3.6 3.8 4 3.2
GDP (USD Billion) 375.90 381 404 404 404 428
GDP Constant Prices (EUR Million) 85514.00 85877 85616 87139 88935 91780
Gross National Product (EUR Million) 66353.00 65700 62000 67600 69000 71200
Gross Fixed Capital Formation (EUR Million) 20424.00 17596 46470 20812 21241 21921
GDP per capita (USD) 78764.60 81000 81000 81000 81000 84000
GDP per capita PPP (USD) 70361.05 73500 73500 73500 73500 75000
GDP From Agriculture (EUR Million) 839.00 856 883 855 873 900
GDP From Construction (EUR Million) 2132.00 2184 2142 2173 2217 2288
GDP From Manufacturing (EUR Million) 29216.00 27888 29432 29771 30385 31357
GDP From Public Administration (EUR Million) 8153.00 7976 8180 8308 8479 8750
GDP From Transport (EUR Million) 9095.00 9420 9350 9268 9459 9761
Labour Actual Q1 Q2 Q3 Q4 2020
Unemployment Rate (%) 4.80 4.6 4.5 4.8 5.1 5.2
Labor Force Participation Rate (%) 62.10 64 64.2 64.4 64.5 64.5
Youth Unemployment Rate (%) 11.80 12.5 12.5 12.5 12.5 12.5
Labour Costs (points) 93.70 102 104 96.28 96.23 98.64
Wages in Manufacturing (EUR/Week) 862.30 937 907 886 886 908
Minimum Wages (EUR/Hour) 9.80 10.2 10.2 10.2 10.2 10.7
Population (Million) 4.84 4.96 4.96 4.96 4.96 5.02
Initial Jobless Claims (Persons) 38685.00 32800 31500 32000 30200 30200
Wage Growth (%) 3.40 2.8 3 2.8 2.7 2.5
Wages (EUR/Week) 768.14 793 795 789 789 809
Average Hourly Earnings (EUR) 23.53 25.5 26 26 26.6 26.6
Employment Change (%) 0.80 0.4 0.2 0.3 0.2 0.2
Employment Rate (%) 69.60 69 68.8 68.7 68.6 68.6
Prices Actual Q1 Q2 Q3 Q4 2020
Inflation Rate (%) 1.30 1.1 0.9 1 1.2 1.5
Inflation Rate Mom (%) 0.20 0.4 0.5 -0.2 0.6 0.6
Harmonised Consumer Prices (points) 101.80 103 103 103 104 106
Consumer Price Index CPI (points) 102.40 103 103 104 104 105
Core Consumer Prices (points) 102.00 103 103 104 103 105
Core Inflation Rate (%) 1.50 1 1.2 1.4 1.5 1.5
GDP Deflator (points) 102.02 102 103 103 103 105
Producer Prices (points) 91.20 95.55 96.22 95.89 92.57 93.96
Producer Prices Change (%) -3.20 1 1.5 1.2 1.5 1.5
CPI Housing Utilities (points) 112.00 111 111 113 113 115
CPI Transportation (points) 104.20 105 106 104 105 107
Food Inflation (%) -1.00 0.5 1 1.4 1.3 1.5
Money Actual Q1 Q2 Q3 Q4 2020
Interest Rate (%) 0.00 0 0 0 0 0
Interbank Rate (%) -0.39 -0.4 -0.4 -0.4 -0.4 -0.4
Loans to Private Sector (EUR Million) 38570.00 41048 41827 41108 41413 42738
Private Debt to GDP (%) 374.10 341 341 341 341 341
Trade Actual Q1 Q2 Q3 Q4 2020
Balance of Trade (EUR Thousand) 3548400.00 5900000 5100000 3700000 3000000 3000000
Current Account (EUR Million) 11160.00 4440 10100 12300 3560 2960
Current Account to GDP (%) 10.60 1.5 1.5 1.5 1.5 1.9
Imports (EUR Thousand) 8100300.00 7900000 8100000 8000000 8900000 9500000
Exports (EUR Thousand) 11648700.00 13800000 13200000 11700000 11900000 11900000
Tourist Arrivals (Thousand) 2424.60 3280 3300 3450 3600 3600
Gold Reserves (Tonnes) 6.00 6 6 6 6 6
Foreign Direct Investment (EUR Million) 29879.00 8500 16000 3600 4500 4500
Government Actual Q1 Q2 Q3 Q4 2020
Government Debt to GDP (%) 63.60 55.9 55.9 55.9 55.9 52.7
Government Budget (% of GDP) 0.10 0.2 0.2 0.2 0.2 0.5
Government Budget Value (EUR Million) 1524.00 400 400 400 350 350
Government Spending (EUR Million) 8094.00 8071 8141 8248 8418 8687
Government Spending to GDP (%) 25.70 26.5 26.5 26.5 26.5 26.8
Taxes Actual Q1 Q2 Q3 Q4 2020
Corporate Tax Rate (%) 12.50 12.5 12.5 12.5 12.5 12.5
Personal Income Tax Rate (%) 48.00 48 48 48 48 48
Sales Tax Rate (%) 23.00 23 23 23 23 23
Social Security Rate (%) 14.95 14.95 14.95 14.95 14.95 14.95
Social Security Rate For Companies (%) 10.95 10.95 10.95 10.95 10.95 10.95
Social Security Rate For Employees (%) 4.00 4 4 4 4 4
Business Actual Q1 Q2 Q3 Q4 2020
Business Confidence (%) -26.00 -12 -10 -8 -6 5
Services PMI (points) 56.90 56.2 56.5 55.2 56 56.5
Manufacturing PMI (points) 51.40 53 53.7 54 54.5 54
Industrial Production (%) 0.70 -6.4 2.5 3.6 4.5 4.5
Industrial Production Mom (%) -6.20 1.9 -2.6 2.8 -2.4 -1.6
Manufacturing Production (%) 0.40 -7.2 3.2 1.5 4.7 3.6
Car Registrations 20665.00 15000 5000 6200 950 950
Consumer Actual Q1 Q2 Q3 Q4 2020
Consumer Confidence (points) 85.50 88 89 91 97 105
Retail Sales MoM (%) 3.60 -0.4 0.6 -0.1 0.5 0.5
Retail Sales YoY (%) 5.80 3.6 3.3 3.1 2.9 2.9
Consumer Spending (EUR Million) 27312.00 27432 27556 27831 28404 29313
Disposable Personal Income (EUR Million) 251186.00 256335 255707 255959 261233 269593
Personal Savings (%) 10.70 11.4 11.7 12.2 12.1 13.2
Bank Lending Rate (%) 0.90 0.9 0.9 0.9 0.9 0.9
Consumer Credit (EUR Million) 13856.00 13597 13757 14128 14412 14874
Gasoline Prices (USD/Liter) 1.59 1.42 1.45 1.49 1.54 1.54
Households Debt To GDP (% of GDP) 41.20 42.5 41.5 41.5 41.5 41.5
Households Debt To Income (%) 120.66 125 125 125 125 125
Housing Actual Q1 Q2 Q3 Q4 2020
Housing Index (points) 108.10 117 120 123 125 125
New Home Sales (Units) 1006.00 650 770 700 800 850
Building Permits 1922.00 1750 1730 1910 2000 2000
Construction Output (%) 3.10 7.6 8.3 6.9 4.4 3.2
Construction Pmi (points) 50.90 50.2 53 52.7 52.9 52.9
Existing Home Sales (Units) 3385.00 2750 2950 3270 3580 3580
Home Ownership Rate (%) 70.30 71.2 71.2 71.2 71.2 71.2


This page has economic forecasts for Ireland including a long-term outlook for the next decades, plus medium-term expectations for the next four quarters and short-term market predictions for the next release affecting the Ireland economy.