Ireland Output Gap, Percent of Potential GDP Statistics

17, Feb 2019, EST.

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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: 2015 › Change year
Full Dataset: from 1980 to 2019
Dataset updated: 17th March 2015
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 2015 - In Detail

Output Gap, Percent of Potential GDP for Ireland in year 2015 is -0.487 %. 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.

This makes Ireland No. 7 in world rankings according to Output Gap, Percent of Potential GDP in year 2015. The world's average Output Gap, Percent of Potential GDP value is -0.23 %; Ireland is 0.26 less than the average.

In the previous year, 2014, Output Gap, Percent of Potential GDP for Ireland was -4.00 % Output Gap, Percent of Potential GDP for Ireland in 2015 was or will be 87.84% less than it was or will be in 2014.

In the following or forecasted year, 2016, Output Gap, Percent of Potential GDP for Ireland was or will be 0.93 %, which is 289.94% less than the 2015 figure.

* Source: IMF
Output Gap, Percent of Potential GDP for Ireland, in other Years
Year %
  2021 n/a
  2020 n/a
  2019 n/a
  2018 n/a
  2017 1.287
  2016 0.925
2015 -0.487
  2014 -4.004
  2013 -5.98
  2012 -5.149
  2011 -3.986
  2010 -5.375
  2009 -2.594
  2008 5.802
  2007 9.993
  2006 6.894
  2005 4.636
  2004 2.919
  2003 2.022
  2002 1.487
  2001 2.273
  2000 2.374
  1999 -0.258
  1998 -2.399
  1997 -2.725
  1996 -4.782
  1995 -7.204
  1994 -7.149
  1993 -4.411
  1992 -2.687
  1991 0.394
  1990 -1.942
  1989 -2.96
  1988 -2.19
  1987 -2.222
  1986 0.229
  1985 1.119
  1984 0.707
  1983 3.922
  1982 4.894
  1981 5.027
  1980 4.966