Current account balance — all countries

Current account balance — Ireland

Current account balance in Ireland in 2031 — 7.7%. Ranked 19 in the world out of 188. Since 1980, the indicator has risen by 18.3 pp.

2031 7.7% −0.3 pp vs 2030
World rank 19of 188
Period maximum 16.2%2024
Period minimum -20.7%2019

Trend over time

1980–2031 · % of GDP

Current account balance — Ireland, 1980–2031-30-20-100102019801986199219982004201020162022202820311980: -10.6%1981: -12.6%1982: -8.8%1983: -5.6%1984: -5.2%1985: -3.3%1986: -2.9%1987: -0.3%1988: 0.3%1989: -1.3%1990: -0.8%1991: 0.7%1992: 1%1993: 3.6%1994: 2.7%1995: 2.5%1996: 2.7%1997: 2.3%1998: 0.4%1999: -0.1%2000: 0.6%2001: 0.2%2002: 0.2%2003: 0.5%2004: -0.1%2005: -3.5%2006: -5.4%2007: -6.5%2008: -6.3%2009: -4.7%2010: -1.3%2011: -1.7%2012: -3.4%2013: 2.4%2014: 2.1%2015: 6.1%2016: -1.2%2017: 1.1%2018: 4.3%2019: -20.7%2020: -7.1%2021: 12.2%2022: 8.8%2023: 7%2024: 16.2%2025: 8.2%2026: 8.1%2027: 8.1%2028: 8%2029: 8%2030: 8%2031: 7.7%
Change over the period: +18.3 pp Annual average: 0.36 pp

Comparison, 2031

How the value compares with the world and the groups this territory belongs to: Ireland

Ireland 7.7%
World computed 0.28%
Europe & Central Asia computed 1.53%
Northern Europe computed 1.51%
High-income countries computed 0.13%
Current account balance — Ireland, by year Ireland All countries CSV XLSX
Year % Change, pp
2031 7.7 −0.3 pp
2030 8 +0 pp
2029 8 +0 pp
2028 8 −0.1 pp
2027 8.1 +0 pp
2026 8.1 −0.1 pp
2025 8.2 −8 pp
2024 16.2 +9.2 pp
2023 7 −1.8 pp
2022 8.8 −3.4 pp
2021 12.2 +19.3 pp
2020 -7.1 +13.6 pp
2019 -20.7 −25 pp
2018 4.3 +3.2 pp
2017 1.1 +2.3 pp
2016 -1.2 −7.3 pp
2015 6.1 +4 pp
2014 2.1 −0.3 pp
2013 2.4 +5.8 pp
2012 -3.4 −1.7 pp
2011 -1.7 −0.4 pp
2010 -1.3 +3.4 pp
2009 -4.7 +1.6 pp
2008 -6.3 +0.2 pp
2007 -6.5 −1.1 pp
2006 -5.4 −1.9 pp
2005 -3.5 −3.4 pp
2004 -0.1 −0.6 pp
2003 0.5 +0.3 pp
2002 0.2 +0 pp
2001 0.2 −0.4 pp
2000 0.6 +0.7 pp
1999 -0.1 −0.5 pp
1998 0.4 −1.9 pp
1997 2.3 −0.4 pp
1996 2.7 +0.2 pp
1995 2.5 −0.2 pp
1994 2.7 −0.9 pp
1993 3.6 +2.6 pp
1992 1 +0.3 pp
1991 0.7 +1.5 pp
1990 -0.8 +0.5 pp
1989 -1.3 −1.6 pp
1988 0.3 +0.6 pp
1987 -0.3 +2.6 pp
1986 -2.9 +0.4 pp
1985 -3.3 +1.9 pp
1984 -5.2 +0.4 pp
1983 -5.6 +3.2 pp
1982 -8.8 +3.8 pp
1981 -12.6 −2 pp
1980 -10.6

About the indicator

The current account balance of the balance of payments as a percent of GDP: trade in goods and services, primary income (interest, dividends, compensation of employees) and secondary income (transfers). A surplus means a country earns more abroad than it spends and is building up external assets; a persistent deficit has to be financed by an inflow of capital.

Source: World Economic Outlook (IMF), license IMF open data.