Ireland: Household consumption, percent of GDP

* indicates monthly or quarterly data series

Household consumption as percent of GDP

 Latest value 24.52
 Year 2022
 Measure percent
 Data availability 1970 - 2022
 Average 51.44
 Min - Max 24.45 - 69.7
 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 51.44 percent with a minimum of 24.45 percent in 2021 and a maximum of 69.7 percent in 1970. The latest value from 2022 is 24.52 percent. For comparison, the world average in 2022 based on 141 countries is 62.27 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 - Household consumption, percent of GDP - recent values

Historical chart
Ireland - Household consumption, percent of GDP - historical chart - 1970-2022

Definition: Household final consumption expenditure (formerly private consumption) is the market value of all goods and services, including durable products (such as cars, washing machines, and home computers), purchased by households. It excludes purchases of dwellings but includes imputed rent for owner-occupied dwellings. It also includes payments and fees to governments to obtain permits and licenses. Here, household consumption expenditure includes the expenditures of nonprofit institutions serving households, even when reported separately by the country. This item also includes any statistical discrepancy in the use of resources relative to the supply of resources.

 Related indicators Latest value Reference Measure
 Capital investment, percent of GDP 23.72 2022 percent
 Capital investment, in dollars 126.44 2022 billion U.S. dollars
 Household consumption, percent of GDP 24.52 2022 percent
 Household consumption, in dollars 130.72 2022 billion U.S. dollars
 Household consumption 34.40 Q3/2023 billion
 Consumption as percent of GDP 26.78 Q3/2023 percent
 Consumption growth 10.25 Q3/2023 percent
 Investment 25.22 Q3/2023 billion
 Investment as percent of GDP 19.64 Q3/2023 percent
 Investment growth -15.71 Q3/2023 percent
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