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Ireland Output Gap, Percent of Potential GDP Statistics

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Country or Region: Ireland › Change country
Economic Indicator: Output Gap, Percent of Potential GDP › See all Ireland indicators, › See Output Gap, Percent of Potential GDP data for all countries
Detailed Analysis for Year: 2010 › Change year
Full Dataset: from 1980 to 2016
Dataset updated: 1st August 2011
Data Source: International Monetary Fund (IMF)
National or Regional Currency: Euro
Currency Symbol: EUR

Output gaps for advanced economies are calculated as actual GDP less potential GDP as a percent of potential GDP. Estimates of output gaps are subject to a significant margin of uncertainty. See notes for: Gross domestic product, constant prices (National currency).

Output Gap, Percent of Potential GDP Statistics for Ireland , Year 2010 - In Detail

Output Gap, Percent of Potential GDP for Ireland in year 2010 is -6.561 %

This makes Ireland No. 24 in world rankings according to Output Gap, Percent of Potential GDP in year 2010. The world's average Output Gap, Percent of Potential GDP value is -0.36 %; Ireland is 6.20 less than the average.

In the previous year, 2009, Output Gap, Percent of Potential GDP for Ireland was -5.58 % Output Gap, Percent of Potential GDP for Ireland in 2010 was or will be 17.62% more than it was or will be in 2009.

In the following or forecasted year, 2011, Output Gap, Percent of Potential GDP for Ireland was or will be -6.43 %, which is 2.07% less than the 2010 figure.

* Source: IMF
Output Gap, Percent of Potential GDP for Ireland, in other Years
Year %
  2016 n/a
  2015 n/a
  2014 n/a
  2013 n/a
  2012 -5.113
  2011 -6.425
2010 -6.561
  2009 -5.578
  2008 2.166
  2007 6.453
  2006 2.799
  2005 0.923
  2004 -0.901
  2003 -0.805
  2002 0.039
  2001 -0.568
  2000 0.089
  1999 -2.434
  1998 -4.197
  1997 -6.689
  1996 -7.414
  1995 -7.419
  1994 -6.164
  1993 -6
  1992 -5.601
  1991 -5.656
  1990 -6.564
  1989 -7.424
  1988 -7.708
  1987 -7.963
  1986 -8.256
  1985 -8.487
  1984 -8.49
  1983 -8.422
  1982 -8.193
  1981 -7.56
  1980 -6.52