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CompareEconomy.com Comparison of world economies

Ireland

World Rank 16 7.34 Ireland flag svg
Capital
Area
Currency
Dublin
70,273 km 2
Euro (EUR)

Table of Contents

Introduction

The Republic of Ireland is an island nation located in the North Atlantic. It can be found on the west coast of Great Britain divided by the North Channel, the Irish Sea, and the St George's Channel. It is one of the largest islands in Europe. The largest city in the nation is Dublin. Interestingly, almost 40% of the entire country’s population reside in the Greater Dublin Area, which is the administrative region around the capital.

Economy

Throughout the ages there were several economic crises in Ireland. However, at this point the nation’s wealth has stabilized. Their GDP (with the inclusion of PPP) is at around $436 billion, which ranks them between Czech Republic and Portugal. Much more interesting is the GDP per capita value, which shows how prosperous the average citizen of Ireland really is. $88,240 on average. This is the GDP per capita of Ireland. It is almost twice as high as in the case of European Union and second largest in the EU. Interestingly, it is the fifth largest GDP per capita in the entire world. 

Population

Due to a population of around 5 million, according to the data from 2019, the density of the entire nation is relatively low. There are 70 Irishmen per square kilometer.

Gross domestic product (GDP, GDP PPP)

Gross domestic product (GDP)

  • Last
  • Historical chart
#25 (2021)
504,182,603,275 US$

List of countries by GDP

(United States of America (USA))

Gross domestic product growth rate

Gross domestic product per capita

Gross domestic product (PPP)

Gross domestic product (PPP) per capita

International trade (Export, Import)

External balance on goods and services

  • Last
  • Historical chart
#3 (2021)
198,565,002,733 US$

List of countries by external balance on goods and services

(China)

External balance on goods and services (% of GDP)

Exports of goods and services (current US$)

Exports of goods and services (% of GDP)

Imports of goods and services (current US$)

Imports of goods and services (% of GDP)

Employment by sector, Unemployment

Unemployment (% of total labor force)

  • Last
  • Historical chart
#85 (2021)
6.19 %

List of countries by unemployment

(South Africa)

Employment in agriculture (% of total employment)

Employment in industry (% of total employment)

Employment in services (% of total employment)

Vulnerable employment (% of total employment)