Ireland recorded a Current Account surplus of 12 percent of the country's Gross Domestic Product in 2024. Current Account to GDP in Ireland averaged -0.91 percent of GDP from 1980 until 2024, reaching an all time high of 12.20 percent of GDP in 2021 and a record low of -20.70 percent of GDP in 2019. source: EUROSTAT

Current Account to GDP in Ireland is expected to reach 7.00 percent of GDP by the end of 2025, according to Trading Economics global macro models and analysts expectations. In the long-term, the Ireland Current Account to GDP is projected to trend around 6.50 percent of GDP in 2026 and 6.00 percent of GDP in 2027, according to our econometric models.




Related Last Previous Unit Reference
Balance of Trade 8926931.00 10016420.00 EUR Thousand Nov 2024
Capital Flows 22509.00 29564.00 EUR Million Sep 2024
Current Account 22978.00 35481.00 EUR Million Sep 2024
Current Account to GDP 12.00 8.10 percent of GDP Dec 2024
Exports 20500005.00 21275826.00 EUR Thousand Nov 2024
Exports by Category
Exports by Country
External Debt 2966062.00 3005494.00 EUR Million Sep 2024
External Debt to GDP 592.00 593.00 percent of GDP Sep 2024
Foreign Direct Investment 11261.00 -21684.00 EUR Million Sep 2024
Gold Reserves 12.04 12.04 Tonnes Sep 2024
Imports 11573074.00 11259405.00 EUR Thousand Nov 2024
Imports by Category
Imports by Country
Natural Gas Imports 15274.00 17027.00 Terajoule Dec 2024
Terms of Trade 94.81 94.20 points Nov 2024
Terrorism Index 0.03 0.29 Points Dec 2023

Ireland Current Account to GDP
The Current account balance as a percent of GDP provides an indication on the level of international competitiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. On the other hand, countries recording a current account deficit have strong imports, a low saving rates and high personal consumption rates as a percentage of disposable incomes.
Actual Previous Highest Lowest Dates Unit Frequency
12.00 8.10 12.20 -20.70 1980 - 2024 percent of GDP Yearly