Markets Actual Q2 Q3 Q4 Q1 2020
Currency 1.12 1.11 1.11 1.1 1.1 1.08
Stock Market (points) 6120.59 6004 5930 5857 5784 5641
Government Bond 10Y (%) 0.33 0.45 0.47 0.49 0.52 0.56
Overview Actual Q2 Q3 Q4 Q1 2020
GDP Growth Rate (%) 0.10 1 1.5 1.6 0.3 0.5
GDP Annual Growth Rate (%) 3.00 2.8 3.5 5 4.9 1.6
Unemployment Rate (%) 4.40 4.5 4.4 4.4 5.1 4.6
Inflation Rate (%) 1.00 1.1 1.4 1.5 1.5 1.9
Inflation Rate Mom (%) -0.10 0.5 -0.3 0.5 0.4 0.6
Interest Rate (%) 0.00 0 0 0 0.25 0.75
Balance of Trade (EUR Thousand) 5510600.00 4900000 5200000 3600000 5900000 3000000
Current Account (EUR Million) 178.00 5400 12500 4750 4440 3560
Current Account to GDP (%) 9.10 9 9 9 8.5 8.5
Government Debt to GDP (%) 64.80 61.5 61.5 61.5 55.9 55.9
Government Budget (% of GDP) 0.00 0.1 0.1 0.1 0.2 0.2
Business Confidence (%) -4.00 -12 -16 -14 -12 -6
Services PMI (Index Points) 57.00 55.8 52.6 53.4 53.8 54
Manufacturing PMI 50.40 50.9 52.5 53.6 54 54.5
Consumer Confidence (Index Points) 89.90 91 94 97 99 101
Retail Sales MoM (%) 2.10 0.5 -0.4 0.4 -0.4 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 Q2 Q3 Q4 Q1 2020
GDP Growth Rate (%) 0.10 1 1.5 1.6 0.3 0.5
GDP Annual Growth Rate (%) 3.00 2.8 3.5 5 4.9 1.6
GDP (USD Billion) 333.73 360 360 360 390 390
GDP Constant Prices (EUR Million) 78828.00 79168 80142 82769 82691 84094
Gross National Product (EUR Million) 61823.00 61400 64400 64900 64900 66000
Gross Fixed Capital Formation (EUR Million) 21807.00 15778 19284 22897 22876 23264
GDP per capita (USD) 74433.46 79000 79000 79000 82000 82000
GDP per capita PPP (USD) 67335.29 73100 73100 73100 74800 74800
GDP From Agriculture (EUR Million) 567.00 589 573 595 595 605
GDP From Construction (EUR Million) 2075.00 2096 2163 2179 2177 2214
GDP From Manufacturing (EUR Million) 25008.00 25090 25977 26258 26233 26679
GDP From Public Administration (EUR Million) 8025.00 7904 8042 8426 8418 8561
GDP From Transport (EUR Million) 8760.00 8850 8954 9198 9189 9345
Labour Actual Q2 Q3 Q4 Q1 2020
Unemployment Rate (%) 4.40 4.5 4.4 4.4 5.1 4.6
Unemployed Persons (Thousand ) 114.40 138 137 139 139 141
Unemployment Change (Persons) 711.00 4750 -12100 1830 1830 1040
Labor Force Participation Rate (%) 62.50 63.4 63.6 64 64 64.5
Long Term Unemployment Rate (%) 2.10 1.5 1.6 1.9 1.9 2.5
Youth Unemployment Rate (%) 10.00 10.2 11.7 11.5 11.5 12.7
Labour Costs (Index Points) 74.20 81.54 74.7 76.57 76.28 78.64
Wages in Manufacturing (EUR/Week) 910.39 900 886 910 936 934
Minimum Wages (EUR/Hour) 9.80 9.8 9.8 9.8 10.2 10.2
Population (Million) 4.84 4.88 4.88 4.9 4.96 4.96
Initial Jobless Claims (Persons) 33224.00 32600 35038 30800 30800 30200
Wages (EUR/Week) 769.98 775 769 781 792 803
Average Hourly Earnings (EUR) 23.93 24.5 24.4 25.1 25.1 26.6
Employment Change (%) 0.60 0.4 0.6 0.5 0.5 0.4
Employment Rate (%) 69.30 69.2 69.1 69 69 68.6
Prices Actual Q2 Q3 Q4 Q1 2020
Inflation Rate (%) 1.00 1.1 1.4 1.5 1.5 1.9
Inflation Rate Mom (%) -0.10 0.5 -0.3 0.5 0.4 0.6
Consumer Price Index CPI (Index Points) 102.30 103 103 103 103 105
Core Consumer Prices (Index Points) 101.70 102 102 102 102 103
Core Inflation Rate (%) 0.60 0.8 0.9 1 1 1.5
Producer Prices (Index Points) 94.80 99.06 96.11 94.67 95.55 96.09
Producer Prices Change (%) -5.90 -2.6 -0.3 0.5 1 1.5
CPI Housing Utilities (Index Points) 110.50 107 110 110 111 112
CPI Transportation (Index Points) 103.30 105 105 103 102 105
Food Inflation (%) -0.20 0.5 1.1 1.2 1.4 1.9
Money Actual Q2 Q3 Q4 Q1 2020
Interest Rate (%) 0.00 0 0 0 0.25 0.75
Interbank Rate (%) -0.32 -0.31 -0.31 -0.31 -0.06 -0.06
Money Supply M2 (EUR Million) 223273.00 213000 223084 215000 215000 221000
Loans to Private Sector (EUR Million) 40070.00 51800 41748 55100 55100 65600
Private Debt to GDP (%) 382.27 365 365 365 341 341
Central Bank Balance Sheet (EUR Million) 101611.00 111200 100963 116900 116900 122500
Trade Actual Q2 Q3 Q4 Q1 2020
Balance of Trade (EUR Thousand) 5510600.00 4900000 5200000 3600000 5900000 3000000
Current Account (EUR Million) 178.00 5400 12500 4750 4440 3560
Current Account to GDP (%) 9.10 9 9 9 8.5 8.5
Imports (EUR Thousand) 7006300.00 7800000 6700000 7900000 7900000 8900000
Exports (EUR Thousand) 12516900.00 12700000 11900000 11500000 13800000 11900000
External Debt (EUR Million) 2331985.00 2590000 2610000 2620000 2620000 2740000
Tourist Arrivals (Thousand) 2026.70 4980 3020 3280 3280 3600
Gold Reserves (Tonnes) 6.00 6 6 6 6 6
Foreign Direct Investment (EUR Million) 19711.00 21500 4400 5200 5200 4500
Government Actual Q2 Q3 Q4 Q1 2020
Government Debt to GDP (%) 64.80 61.5 61.5 61.5 55.9 55.9
Government Budget (% of GDP) 0.00 0.1 0.1 0.1 0.2 0.2
Government Spending (EUR Million) 7817.00 7645 7808 8208 8200 8339
Government Spending to GDP (%) 25.70 26 26 26 26.5 26.5
Government Debt (EUR Million) 206214.00 227000 228000 229000 229000 236000
Taxes Actual Q2 Q3 Q4 Q1 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
Social Security Rate (%) 14.95 14.75 14.75 14.75 14.75 14.75
Social Security Rate For Companies (%) 10.95 10.75 10.75 10.75 10.75 10.75
Social Security Rate For Employees (%) 4.00 4 4 4 4 4
Business Actual Q2 Q3 Q4 Q1 2020
Business Confidence (%) -4.00 -12 -16 -14 -12 -6
Services PMI (Index Points) 57.00 55.8 52.6 53.4 53.8 54
Manufacturing PMI 50.40 50.9 52.5 53.6 54 54.5
Industrial Production (%) 7.50 -3.2 -2 9.5 -6.4 4.5
Industrial Production Mom (%) 3.70 -3.4 2.5 -6.2 1.9 -2.4
Manufacturing Production (%) 7.10 -3.6 -2.2 9.9 -7.2 4.7
Changes in Inventories (EUR Million) -48.00 700 610 470 470 340
Car Registrations 9126.00 4700 5500 800 800 950
Electricity Production (Gigawatt-hour) 2402.00 2500 2366 2560 2560 2600
Consumer Actual Q2 Q3 Q4 Q1 2020
Consumer Confidence (Index Points) 89.90 91 94 97 99 101
Retail Sales MoM (%) 2.10 0.5 -0.4 0.4 -0.4 0.5
Retail Sales YoY (%) 4.00 3.6 3.4 3.2 3.6 2.9
Consumer Spending (EUR Million) 25664.00 25643 25989 26947 26922 27378
Disposable Personal Income (EUR Million) 233013.00 236275 237091 244664 244431 248578
Personal Savings (%) 12.30 11.7 11.6 11.1 11.5 9
Private Sector Credit (EUR Million) 166263.00 195000 176995 207000 207000 229000
Bank Lending Rate (%) 1.00 1 1 1 1.25 1.25
Consumer Credit (EUR Million) 13468.00 13017 13196 13987 13977 14211
Gasoline Prices (USD/Liter) 1.63 1.48 1.44 1.41 1.37 1.37
Households Debt To GDP (% of GDP) 43.20 41.5 41.5 41.5 41.5 38.7
Households Debt To Income (%) 133.22 134 134 134 125 125
Housing Actual Q2 Q3 Q4 Q1 2020
Housing Index (Index Points) 106.80 112 114 117 117 125
New Home Sales (Units) 572.00 720 680 750 750 800
Building Permits 1678.00 1650 1750 1850 1850 2200
Construction Output (%) 5.90 6.8 5.1 4.5 4.5 4
Construction Pmi 54.90 54.9 54.5 54.2 54.2 52.9
Existing Home Sales (Units) 2623.00 3600 3220 3510 3510 3580
Home Ownership Rate (%) 69.50 71 71 71 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.