Prices & public finance · Europe & Central Asia · High income
Ireland: prices, money and public finance
Inflation is 2.2% (2025), 116th of 180 in the world and 40th of 49 in Europe & Central Asia. GDP deflator is 1.0% (2025), 174th of 209 in the world and 54th of 56 in Europe & Central Asia. Exchange rate is 0.88 (2025), 187th of 210 in the world and 41st of 57 in Europe & Central Asia.
Inflation
IrelandEurope & Central AsiaHigh incomeWorld
GDP deflator
IrelandEurope & Central AsiaHigh incomeWorld
9 indicators
Prices & public finance: Ireland in detail
Latest reported value, world rank and rank within Europe & Central Asia; values around 2000, 2010, 2020; group and world columns are World Bank aggregates.
| Indicator | Latest | World rank | In region | ~2000 | ~2010 | ~2020 | 10-year change | Region | Income group | World | Since 2000 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| InflationInflation, consumer prices, annual % | 2.2%2025 | 116/180 | 40/49 | 5.6% | -0.9% | -0.3% | +2.5 ppsince 2015 | 3.7% | 2.3% | 3.0% | |
| GDP deflatorInflation, GDP deflator, annual % | 1.0%2025 | 174/209 | 54/56 | 6.9% | -3.0% | -2.1% | −7.9 ppsince 2015 | 3.6% | 2.6% | 3.3% | |
| Exchange rateOfficial exchange rate, local currency per US$ | 0.882025 | 187/210 | 41/57 | 1.08 | 0.75 | 0.88 | −1.8%since 2015 | — | — | — | |
| Tax revenueTax revenue, % of GDP | 17.9%2024 | 62/142 | 33/48 | 26.3% | 21.9% | 15.9% | −4.5 ppsince 2014 | 19.7% | 15.3% | 13.9% | |
| Government revenueGovernment revenue excluding grants, % of GDP | 25.7%2024 | 73/142 | 43/48 | 32.9% | 30.9% | 21.2% | −6.0 ppsince 2014 | 34.7% | 26.3% | 24.0% | |
| Government expenseGovernment expense, % of GDP | 19.2%2022 | 104/142 | 44/47 | 27.7% | 62.4% | 25.1% | −20.7 ppsince 2012 | 38.9% | 30.1% | 28.5% | |
| Private creditDomestic credit to private sector, % of GDP | 23.8%2024 | 120/169 | 44/48 | 71.8%2001 | 133.4% | 32.3% | −54.6 ppsince 2014 | 82.1% | 152.1% | 140.3% | |
| Reserves, months of importsTotal reserves in months of imports | 0.12025 | 164/165 | 48/49 | · | 0.1 | 0.1 | +120%since 2015 | 6.3 | 7.9 | 8.6 | |
| Military spendingMilitary expenditure, % of GDP | 0.22%2025 | 151/156 | 46/47 | 0.69% | 0.58% | 0.26% | −0.1 ppsince 2015 | 2.83% | 2.80% | 2.48% |
Source: World Bank, World Development Indicators (CC BY 4.0)“·” — no value reported within two years of that date. World rank counts countries with a recent value.
Better than ten years ago
- Reserves, months of imports+120%0.1 in 2025
Worse than ten years ago
- Inflation+2.5 pp2.2% in 2025
Only indicators where higher or lower is clearly better are rated (for example, unemployment down is better, life expectancy up is better).
neighbours
Ireland and its neighbours
Countries sharing a land border with Ireland. Latest values since 2005; the highest in each row is marked.
| Indicator | Ireland | United Kingdom |
|---|---|---|
| Inflation | 2.2%2025 | 3.9%2025 |
| GDP deflator | 1.0%2025 | 3.7%2025 |
| Exchange rate | 0.882025 | 0.762025 |
| Tax revenue | 17.9%2024 | 26.9%2024 |
| Government revenue | 25.7%2024 | 34.8%2024 |
| Government expense | 19.2%2022 | 41.2%2023 |
| Private credit | 23.8%2024 | 112.4%2024 |
| Reserves, months of imports | 0.12025 | 1.42025 |
| Military spending | 0.22%2025 | 2.35%2025 |