Current account balance (credit less debit), Net (credits less debits) in Ireland
Ireland: Current account balance (credit less debit), Net (credits less debits) was 105.99 billion in 2024. ◆ Volatile
Current account balance (credit less debit), Net (credits less debits) in Ireland, 2005–2024
Source: International Monetary Fund.
Analysis
The most recent figure for current account balance (credit less debit), net (credits less debits) in Ireland is 105.99 billion, measured in 2024. That is the highest value across all 20 years on record.
The figure is up 136.9% on the previous year and up 1,815.0% over ten years.
Over the whole period, current account balance (credit less debit), net (credits less debits) in Ireland peaked at 105.99 billion in 2024 and was at its lowest, -83.71 billion, in 2019.
That places Ireland 6th out of 198 countries with data for 2024, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Current account balance (credit less debit), Net (credits less debits) in Ireland, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | -7.14 billion | — |
| 2006 | -7.86 billion | +10.0% |
| 2007 | -13.85 billion | +76.1% |
| 2008 | -15.30 billion | +10.5% |
| 2009 | -5.01 billion | -67.3% |
| 2010 | 2.32 billion | -146.3% |
| 2011 | 2.83 billion | +22.0% |
| 2012 | -7.71 billion | -372.5% |
| 2013 | 5.83 billion | -175.6% |
| 2014 | 5.53 billion | -5.1% |
| 2015 | 18.65 billion | +236.9% |
| 2016 | -3.64 billion | -119.5% |
| 2017 | 5.74 billion | -257.8% |
| 2018 | 17.94 billion | +212.4% |
| 2019 | -83.71 billion | -566.6% |
| 2020 | -29.30 billion | -65.0% |
| 2021 | 65.12 billion | -322.2% |
| 2022 | 48.43 billion | -25.6% |
| 2023 | 44.74 billion | -7.6% |
| 2024 | 105.99 billion | +136.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -9.83 billion | -15.30 billion | -5.01 billion | 5 |
| 2010s | -3.62 billion | -83.71 billion | 18.65 billion | 10 |
| 2020s | 46.99 billion | -29.30 billion | 105.99 billion | 5 |
Countries ranked near Ireland
- 3 Japan 194.26 billion compare
- 4 Taiwan 112.73 billion compare
- 5 Netherlands 110.92 billion compare
- 7 South Korea 99.04 billion compare
- 8 Singapore 96.02 billion compare
- 9 Switzerland 72.01 billion compare
More financial sector data for Ireland
- Net domestic credit (current LCU), per capita 57,258 current LCU per person (2024)
- Net domestic credit (current LCU), per unit of GDP 0.5072 current LCU per US$ of GDP (2024)
- Net domestic credit (current LCU), annual growth rate 2.72 % change on previous year (2024)
- Gold reserves at 35 SDRs per ounce 13.54 million SDR (2025)
- Gold reserves at market value 1.23 billion SDR (2025)
- Reserves excluding gold, foreign exchange 3.53 billion SDR (2025)
- Reserves excluding gold 8.74 billion SDR (2025)
- Total reserves (gold at market value) 9.97 billion SDR (2025)
- Total reserves (gold at national valuation) 9.96 billion SDR (2025)
- Total reserves (gold at national valuation) (SDR), per capita 1,816 SDR per person (2025)
Frequently asked questions
- What is current account balance (credit less debit), net (credits less debits) in Ireland?
- Current account balance (credit less debit), net (credits less debits) in Ireland was 105.99 billion in 2024, according to International Monetary Fund.
- What is the highest current account balance (credit less debit), net (credits less debits) recorded in Ireland?
- The highest recorded value was 105.99 billion in 2024.
- What is the lowest current account balance (credit less debit), net (credits less debits) recorded in Ireland?
- The lowest recorded value was -83.71 billion in 2019.
- How does Ireland rank for current account balance (credit less debit), net (credits less debits)?
- Ireland ranks 6th out of 198 countries with data for 2024.
- Is current account balance (credit less debit), net (credits less debits) rising or falling in Ireland?
- Over the last ten years it is up 1,815.0%. The long-run trend across the full record is volatile.
- Where does this Ireland data come from?
- The figures come from International Monetary Fund, published as part of Current account balance (credit less debit), Net (credits less debits) (US dollar). Statizoid updates them automatically from the source API.
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About this data
The World and Country Group Aggregates (historically called BOPSY) is an annual publication, released each November, of major balance of payments and international investment position components for countries, country groups, and the world.