Ireland GDP: Top Amazing Facts

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Ireland country overview

Before we start to discuss Ireland GDP first we discuss Ireland’s country overview, so Ireland is officially called the Republic of Ireland.

Ireland GDP
Ireland GDP

It is an island country located in the North Atlantic. Belfast is the largest city in Ireland. In ethnic groups, 96% are Whites, and 4% others live in Ireland.

Its regional languages are English Irish and others.  Ireland’s total area is 84,421 km2. Its area rank is 20th in the world. Irelands coastline length is 7,528 km approx.

Ireland’s total population is 6,572,730 in the year 2017. Its population rank is 19th in the world. Its population density is 77/km2. 

Ireland Economy

Ireland’s currency is called the Euro. Ireland’s economy is formally called the developed and advanced economy and a high-income economy.

The inflation rate in Ireland is -0.3% in the year 2021. 7% of its population lives below the poverty line. Its HDI rate is 0.956 in the year 2020. Its HDI rank is 2nd in the world.

When we talk about its Labour force by occupation, agriculture 5%, industry 12%, and services 85% in the year 2017. The unemployment rate in Ireland is 7.2% in the year 2021.

Its gross external debt is Euro 2 trillion in the year 2017. Its total foreign reserves are $4 billion in the year 2018. 

Ireland GDP

Its total GDP is $477 billion (nominal) and $501 billion (PPP) in the year 2021. Its GDP rank is 28th (nominal) and 44th (PPP) in the year 2021.

Its GDP growth rate is 6.2% in the year 2021. Ireland’s GDP per capita is $94,500 (nominal) and $99,200 (PPP) in the year 2021.

Its GDP per capita rank is 3rd (nominal) and 3rd (PPP) in the year 2021. When we talk about its GDP by sector, agriculture by 1.3%, industry by 39%, and services are 60% in the year 2018. 

Ireland Exports

Ireland’s total exports are $220 billion in the year 2018. Its main export goods are machinery, chemicals, food products, and others. Its main export partners are the US, UK, Germany, China, and others. 

Ireland Imports

Its total imports are $99 billion in the year 2018. Its main import goods are machinery, textile, oils, and others. Its main import partners are the UK, USA, China, Belgium, and others. 

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