Markets Actual Q4 Q1 Q2 Q3 2021
Currency 1.18 1.18 1.18 1.17 1.17 1.16
Stock Market (points) 6574.40 6357 6196 6037 5883 5575
Government Bond 10Y (%) -0.21 0.02 0.04 0.07 0.1 0.15

Overview Actual Q4 Q1 Q2 Q3 2021
GDP Growth Rate (%) -6.10 2 1.6 1.8 1.1 1.5
GDP Annual Growth Rate (%) -3.00 -2.6 -1.6 2.8 2.5 1.8
Unemployment Rate (%) 5.40 6.2 7.3 7.1 7 6.8
Inflation Rate (%) -1.20 -0.1 0.2 1.2 1.4 1.1
Inflation Rate Mom (%) -0.40 0.4 0.3 0.5 0.4 0.3
Interest Rate (%) 0.00 0 0 0 0 0
Balance of Trade (EUR Thousand) 6752300.00 3000000 3600000 9800000 6200000 3000000
Current Account (EUR Million) 11663.00 3560 4500 6800 9500 2960
Current Account to GDP (%) -9.40 4 3.2 3.2 3.2 3.2
Government Debt to GDP (%) 58.80 68 66 66 66 66
Government Budget (% of GDP) 0.40 -7.4 -3.2 -3.2 -3.2 -3.2
Business Confidence (points) -58.00 -30 -28 -24 -18 -12
Manufacturing PMI (points) 50.00 50.4 51.1 52.6 52 52.7
Services PMI (points) 45.80 50 51 53.6 52.8 52
Consumer Confidence (points) 52.60 58 62 65 66 67
Retail Sales MoM (%) 1.30 -1 0.6 0.3 0.5 0.7
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 Q4 Q1 Q2 Q3 2021
GDP Growth Rate (%) -6.10 2 1.6 1.8 1.1 1.5
GDP Annual Growth Rate (%) -3.00 -2.6 -1.6 2.8 2.5 1.8
GDP (USD Billion) 388.70 340 370 370 370 370
GDP Constant Prices (EUR Million) 82356.00 85096 87183 86268 84662 87819
Gross National Product (EUR Million) 62973.00 66739 67600 66900 64700 68875
Gross Fixed Capital Formation (EUR Million) 15825.00 23541 58498 51572 16268 24294
GDP per capita (USD) 79703.40 77000 78500 78500 78500 78500
GDP per capita PPP (USD) 86781.40 84500 85400 85400 85400 85400
GDP From Agriculture (EUR Million) 365.00 612 1026 911 375 632
GDP From Construction (EUR Million) 1368.00 2240 2146 2181 1406 2312
GDP From Manufacturing (EUR Million) 33246.00 26997 29191 32232 34177 27860
GDP From Public Administration (EUR Million) 8465.00 8663 8355 8282 8702 8940
GDP From Transport (EUR Million) 6284.00 9457 9037 8868 6460 9759

Labour Actual Q4 Q1 Q2 Q3 2021
Unemployment Rate (%) 5.40 6.2 7.3 7.1 7 6.8
Labor Force Participation Rate (%) 58.90 56.5 57 57.4 57.9 58.9
Youth Unemployment Rate (%) 18.90 12.7 19.2 20.3 20.1 14
Labour Costs (points) 97.40 78.64 98.31 104 98.18 80.61
Wages in Manufacturing (EUR/Week) 890.53 930 891 936 898 953
Minimum Wages (EUR/Hour) 10.10 10.1 10.7 10.7 10.7 10.7
Population (Million) 4.90 4.96 5.02 5.02 5.02 5.02
Retirement Age Women 66.00 66 66 66 66 66
Retirement Age Men 66.00 66 66 66 66 66
Initial Jobless Claims (Persons) 46151.00 60000 58000 54000 51000 45000
Wage Growth (%) 6.20 -1.2 -0.6 0.8 1.6 1.7
Wages (EUR/Week) 819.13 807 777 797 826 827
Employment Change (%) -6.10 -1 0.3 0.3 0.4 0.2
Employment Rate (%) 65.70 64 64.5 65.1 66.6 67

Prices Actual Q4 Q1 Q2 Q3 2021
Inflation Rate (%) -1.20 -0.1 0.2 1.2 1.4 1.1
Inflation Rate Mom (%) -0.40 0.4 0.3 0.5 0.4 0.3
Consumer Price Index CPI (points) 101.40 105 102 103 103 107
Harmonised Consumer Prices (points) 100.80 104 104 104 104 106
Core Consumer Prices (points) 101.70 103 102 103 103 105
Core Inflation Rate (%) -0.60 0.1 0.6 0.8 0.7 1.1
GDP Deflator (points) 102.35 106 104 106 104 107
Producer Prices (points) 84.90 97.24 88.28 91.96 89.78 98.89
Producer Prices Change (%) -12.40 -3.2 1.5 3.2 4 4.5
CPI Housing Utilities (points) 108.60 112 112 111 109 114
CPI Transportation (points) 99.40 105 104 106 104 108
Food Inflation (%) -1.50 -0.6 0.3 1.4 1.3 1.5

Money Actual Q4 Q1 Q2 Q3 2021
Interest Rate (%) 0.00 0 0 0 0 0
Interbank Rate (%) -0.50 -0.06 -0.48 -0.48 -0.48 0.44
Loans to Private Sector (EUR Million) 38121.00 51900 49800 47600 49200 54600
Private Debt to GDP (%) 374.10 390 387 387 387 387

Trade Actual Q4 Q1 Q2 Q3 2021
Balance of Trade (EUR Thousand) 6752300.00 3000000 3600000 9800000 6200000 3000000
Current Account (EUR Million) 11663.00 3560 4500 6800 9500 2960
Current Account to GDP (%) -9.40 4 3.2 3.2 3.2 3.2
Imports (EUR Thousand) 6029100.00 7500000 6600000 7600000 7700000 8800000
Exports (EUR Thousand) 12781400.00 11100000 16400000 13800000 12800000 12300000
Tourist Arrivals (Thousand) 2424.60 1500 1650 2600 2870 2750
Foreign Direct Investment (EUR Million) 64428.00 -2300 1590 1590 3600 6900

Government Actual Q4 Q1 Q2 Q3 2021
Government Debt to GDP (%) 58.80 68 66 66 66 66
Government Budget (% of GDP) 0.40 -7.4 -3.2 -3.2 -3.2 -3.2
Government Budget Value (EUR Million) -1004.00 350 -6950 -5470 690 350
Government Spending (EUR Million) 9475.00 8439 8410 8677 9740 8709
Government Spending to GDP (%) 24.80 32 28 28 28 28
Government Revenues (EUR Million) 18134.00 17450 12980 16290 13700 18800
Fiscal Expenditure (EUR Million) 20931.00 24400 24400 15600 17890 21200

Taxes Actual Q4 Q1 Q2 Q3 2021
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 (%) 15.05 14.75 15.05 15.05 15.05 14.75
Social Security Rate For Companies (%) 11.05 10.75 11.05 11.05 11.05 10.75
Social Security Rate For Employees (%) 4.00 4 4 4 4 4

Business Actual Q4 Q1 Q2 Q3 2021
Business Confidence (points) -58.00 -30 -28 -24 -18 -12
Manufacturing PMI (points) 50.00 50.4 51.1 52.6 52 52.7
Services PMI (points) 45.80 50 51 53.6 52.8 52
Industrial Production (%) -4.60 -2.3 -11.7 2 1.5 1.4
Industrial Production Mom (%) -13.40 -2.4 1.5 -1.3 2.2 1
Manufacturing Production (%) -5.30 -2.7 -12 2.3 1.8 1.5
Car Registrations 5747.00 650 8600 2980 3400 780

Consumer Actual Q4 Q1 Q2 Q3 2021
Consumer Confidence (points) 52.60 58 62 65 66 67
Retail Sales MoM (%) 1.30 -1 0.6 0.3 0.5 0.7
Retail Sales YoY (%) 9.10 -3.8 7.5 3.2 2.9 4.7
Consumer Spending (EUR Million) 21188.00 27705 26504 25938 21781 28591
Disposable Personal Income (EUR Million) 266155.00 251541 259235 261897 273607 259591
Personal Savings (%) 35.40 13.4 11.8 12 11.9 11.1
Bank Lending Rate (%) 1.10 1.25 1.1 1.1 1.1 1.75
Households Debt To GDP (% of GDP) 36.70 48 45 45 45 45
Households Debt To Income (%) 120.66 129 126 126 126 126
Consumer Credit (EUR Million) 12069.00 14380 13496 12357 12510 14840
Gasoline Prices (USD/Liter) 1.52 1.37 1.37 1.3 1.24 1.3

Housing Actual Q4 Q1 Q2 Q3 2021
Housing Index (points) 134.90 125 129 130 134 132
New Home Sales (Units) 496.00 650 580 610 510 740
Home Ownership Rate (%) 70.30 70 68.7 68.7 68.7 68.7
Building Permits 867.00 980 1500 1680 1780 1480
Construction Output (%) -35.70 -3.8 -6 18.9 6.5 5.2
Construction Pmi (points) 47.00 50.2 52 51 52.4 53.4
Existing Home Sales (Units) 1863.00 2200 2680 2500 3200 2970


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.