Ireland GDP Growth (1961-2023)
Ireland's GDP growth reveals substantial volatility influenced by global trends. The late 1990s saw an "economic miracle," with growth reaching in 1997 due to tech industry expansion. The 2008 global financial crisis hit hard, with a GDP decline of - in 2009, but recovery was swift by 2014, peaking at an extraordinary in 2015, largely due to multinational corporate tax strategies. Ireland’s economy remained resilient, posting growth in 2021, though challenges brought a contraction of - in 2023.
For additional information, visit statistics on Ireland’s annual GDP data, Ireland’s services sector share in GDP, Ireland’s manufacturing sector share of GDP.