Ireland: Capital investment, percent of GDP

* indicates monthly or quarterly data series
 Ireland

Capital investment as percent of GDP

 Latest value 23.72
 Year 2022
 Measure percent
 Data availability 1970 - 2022
 Average 24.73
 Min - Max 15.47 - 54.77
 Source The World Bank
For that indicator, we provide data for Ireland from 1970 to 2022. The average value for Ireland during that period was 24.73 percent with a minimum of 15.47 percent in 1993 and a maximum of 54.77 percent in 2019. The latest value from 2022 is 23.72 percent. For comparison, the world average in 2022 based on 142 countries is 24.55 percent. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series


Recent values chart
Ireland - Capital investment, percent of GDP - Recent values chart

Historical chart
Ireland - Capital investment, percent of GDP - historical chart - 1970-2022




The capital investment in Ireland and other countries is calculated as the purchases of new plant and equipment by firms, as percent of GDP. A high number is good for long-term economic growth as current investment leads to greater future production.
Definition: Gross capital formation (formerly gross domestic investment) consists of outlays on additions to the fixed assets of the economy plus net changes in the level of inventories. Fixed assets include land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. Inventories are stocks of goods held by firms to meet temporary or unexpected fluctuations in production or sales, and "work in progress." According to the 1993 SNA, net acquisitions of valuables are also considered capital formation.

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 Related indicators Latest value Reference Measure
 Capital investment, percent of GDP 23.72 2022 percent
 Capital investment, in dollars 144.87 2023 billion U.S. dollars
 Household consumption, percent of GDP 27.05 2023 percent
 Household consumption, in dollars 147.58 2023 billion U.S. dollars
 Household consumption 35.48 Q3/2023 billion
 Consumption as percent of GDP 27.30 Q3/2023 percent
 Consumption growth 12.01 Q3/2023 percent
 Investment 25.16 Q3/2023 billion
 Investment as percent of GDP 19.36 Q3/2023 percent
 Investment growth -15.65 Q3/2023 percent
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