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 11% in 1997 due to tech industry expansion. The 2008 global financial crisis hit hard, with a GDP decline of -5.1% in 2009, but recovery was swift by 2014, peaking at an extraordinary 24.5% in 2015, largely due to multinational corporate tax strategies. Ireland’s economy remained resilient, posting 15.1% growth in 2021, though challenges brought a contraction of -3.2% 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.
