Gross National Product in Ireland increased to 66353 EUR Million in the third quarter of 2019 from 60915 EUR Million in the second quarter of 2019. Ireland Gross National Product - data, historical chart, and calendar of releases - was last updated on February of 2020 from its official source.

Gross National Product in Ireland averaged 40031.45 EUR Million from 1995 until 2019, reaching an all time high of 66735 EUR Million in the third quarter of 2018 and a record low of 21303 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. source: Central Statistics Office Ireland

Gross National Product in Ireland is expected to be 65700.00 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 69000.00 in 12 months time. In the long-term, the Ireland Gross National Product is projected to trend around 71200.00 EUR Million in 2021 and 73500.00 EUR Million in 2022, according to our econometric models.

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Ireland Gross National Product

Actual Previous Highest Lowest Dates Unit Frequency
66353.00 60915.00 66735.00 21303.00 1995 - 2019 EUR Million Quarterly
Constant Prices 2017, SA

Calendar GMT Actual Previous Consensus TEForecast
2019-09-13 10:00 AM GNP QoQ Q2 -2.8% 2.4%
2019-09-13 10:00 AM GNP YoY Q2 0.3% 6%
2019-12-13 11:00 AM GNP YoY Q3 -0.2% -0.9%
2019-12-13 11:00 AM GNP QoQ Q3 8.9% -5.4%

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.