Name: Ireland Gross National Product
Creator: TRADING ECONOMICS
License: https://creativecommons.org/licenses/by/4.0/
Keywords: Ireland,Gross National Product,data,chart,actual,historical,values,calendar,forecast,graph,2023,2024,2025

The gross national product in Ireland, a more accurate gauge of Irish output due to the large impact that multinational corporations have on the Irish GDP, expanded by 3.3% from the previous quarter in the three months to June 2024. From the previous year, the GNP contracted by 1.6%. source: Central Statistics Office Ireland

Gross National Product in Ireland averaged 49007.27 EUR Million from 1995 until 2024, reaching an all time high of 94367.00 EUR Million in the second quarter of 2024 and a record low of 22711.00 EUR Million in the first quarter of 1995. This page provides the latest reported value for - Ireland Gross National Product - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Ireland Gross National Product - data, historical chart, forecasts and calendar of releases - was last updated on November of 2024.

Gross National Product in Ireland is expected to be 88722.00 EUR Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations.

Related	Last	Previous	Unit	Reference
GDP Growth Rate YoY	-1.20	-4.00	percent	Sep 2024
GDP Constant Prices	117155.00	116734.00	EUR Million	Jun 2024
GDP from Agriculture	1516.00	1552.00	EUR Million	Jun 2024
GDP from Construction	2876.00	2904.00	EUR Million	Jun 2024
GDP from Manufacturing	31166.00	31217.00	EUR Million	Jun 2024
GDP from Public Administration	11779.00	11687.00	EUR Million	Jun 2024
GDP from Transport	12220.00	12361.00	EUR Million	Jun 2024
GDP Growth Rate	2.00	-1.00	percent	Sep 2024
Gross Fixed Capital Formation	8290.00	23757.00	EUR Million	Jun 2024
GNP	94367.00	91333.00	EUR Million	Jun 2024

Ireland Gross National Product

In Ireland, Gross National Product (GNP) is the sum of GDP and Net factor income from the rest of the world (NFI), which is the difference between investment income (interest, profits etc.) and labour income earned abroad by Irish resident persons and companies (inflows) and similar incomes earned in Ireland by non-residents (outflows). Because NFI is the difference between two large gross flows, its magnitude can fluctuate greatly from one quarter to another. This can lead to significant differences between the GDP and GNP growth rate for the same quarter.