Gross National Product in Ireland decreased to 62973 EUR Million in the second quarter of 2020 from 67998 EUR Million in the first quarter of 2020.

Gross National Product in Ireland averaged 41488.34 EUR Million from 1995 until 2020, reaching an all time high of 69369 EUR Million in the fourth quarter of 2019 and a record low of 21586 EUR Million in the first quarter of 1995. This page provides the latest reported value for - Ireland Gross National Product - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Ireland Gross National Product - data, historical chart, forecasts and calendar of releases - was last updated on October of 2020. source: Central Statistics Office Ireland

Gross National Product in Ireland is expected to be 67892.00 EUR Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Gross National Product in Ireland to stand at 64736.00 in 12 months time. In the long-term, the Ireland Gross National Product is projected to trend around 68782.00 EUR Million in 2021 and 71258.00 EUR Million in 2022, according to our econometric models.

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Ireland Gross National Product

Actual Previous Highest Lowest Dates Unit Frequency
62973.00 67998.00 69369.00 21586.00 1995 - 2020 EUR Million Quarterly
Constant Prices 2018, SA


Calendar GMT Actual Previous Consensus TEForecast
2020-07-20 10:00 AM GNP QoQ Final Q1 0.1% 0.7% 0.1%
2020-07-20 10:00 AM GNP YoY Final Q1 6.7% 8.5% 5.5%
2020-09-07 10:00 AM GNP QoQ Q2 -7.4% -2%
2020-09-07 10:00 AM GNP YoY Q2 -2.5% 7.4%

Ireland GDP Last Previous Highest Lowest Unit
GDP Growth Rate -6.10 -2.10 23.70 -6.10 percent [+]
GDP Annual Growth Rate -3.00 5.70 29.10 -10.20 percent [+]
GDP 388.70 382.67 388.70 1.94 USD Billion [+]
GDP Constant Prices 82356.00 87671.00 89510.00 23300.00 EUR Million [+]
Gross National Product 62973.00 67998.00 69369.00 21586.00 EUR Million [+]
Gross Fixed Capital Formation 15825.00 52411.00 60060.00 4264.00 EUR Million [+]
GDP per capita 79703.40 76662.70 79703.40 12745.40 USD [+]
GDP per capita PPP 86781.40 83470.60 86781.40 26474.30 USD [+]
GDP From Agriculture 365.00 926.00 1053.00 365.00 EUR Million [+]
GDP From Construction 1368.00 2216.00 2776.00 1062.00 EUR Million [+]
GDP From Manufacturing 33246.00 32756.00 33246.00 5814.00 EUR Million [+]
GDP From Public Administration 8465.00 8417.00 8578.00 4549.00 EUR Million [+]
GDP From Transport 6284.00 9012.00 9334.00 4678.00 EUR Million [+]


Ireland Gross National Product
In Ireland, Gross National Product (GNP) is the sum of GDP and Net factor income from the rest of the world (NFI), which is the difference between investment income (interest, profits etc.) and labour income earned abroad by Irish resident persons and companies (inflows) and similar incomes earned in Ireland by non-residents (outflows). Because NFI is the difference between two large gross flows, its magnitude can fluctuate greatly from one quarter to another. This can lead to significant differences between the GDP and GNP growth rate for the same quarter.