Current Account in Ireland

Ireland Current Account (EUR bn) | Economic News & Forecasts

Ireland - Current Account (billions of Euros)

Available first-quarter data indicates the Irish economy stayed firm in the face of global headwinds at the outset of the year. Retail sales rebounded sharply in February and the unemployment rate fell throughout the quarter—to its lowest level in 11 years in March. This, coupled with improved consumer confidence in March, bodes well for household consumption. Moreover, the industrial sector, on an annual basis, returned to growth in February following three months of steep losses. Adding to the slew of upbeat data, the manufacturing and services PMIs remained in expansionary territory in March, albeit slightly down from February, and performed substantially better than their Eurozone peers. On Brexit, although fears of a no-deal scenario have mostly subsided for now, domestic demand has continued to feel the pinch of hesitant consumption patterns and cautious investment decisions.

Ireland - Current Account (EUR bn) Data

2013  2014  2015  2016  2017  
Current Account Balance (EUR bn)3.9  3.2  28.6  9.2  37.1  

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Ireland Current Account (EUR bn) Chart


Ireland Current Account
Note: Current account balance as % of GDP.
Source: Central Statistics Office Ireland and Met the why particular calculations.

Ireland Facts

ValueChangeDate
Bond Yield0.130.27 %May 13
Exchange Rate1.120.65 %May 13
Stock Market6,152-0.39 %May 13

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