Net domestic credit (current LCU) in Ireland
Ireland: Net domestic credit (current LCU) was 308.95 billion current LCU in 2024. ▲ Rising
Net domestic credit in Ireland, 2001–2024
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in current LCU.
Analysis
In 2024, net domestic credit in Ireland stood at 308.95 billion current LCU.
Compared with earlier readings it is up 2.7% on the previous year and down 1.3% over ten years.
Over the whole period, net domestic credit in Ireland peaked at 461.64 billion current LCU in 2007 and was at its lowest, 127.87 billion current LCU, in 2001.
Ireland ranks 113th of 187 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 24 years of available data.
Net domestic credit (current LCU) in Ireland, year by year
| Year | current LCU | Change |
|---|---|---|
| 2001 | 127.87 billion current LCU | — |
| 2002 | 142.78 billion current LCU | +11.7% |
| 2003 | 161.25 billion current LCU | +12.9% |
| 2004 | 200.36 billion current LCU | +24.3% |
| 2005 | 259.89 billion current LCU | +29.7% |
| 2006 | 319.29 billion current LCU | +22.9% |
| 2007 | 461.64 billion current LCU | +44.6% |
| 2008 | 433.05 billion current LCU | -6.2% |
| 2009 | 397.35 billion current LCU | -8.2% |
| 2010 | 395.72 billion current LCU | -0.4% |
| 2011 | 391.12 billion current LCU | -1.2% |
| 2012 | 359.44 billion current LCU | -8.1% |
| 2013 | 346.06 billion current LCU | -3.7% |
| 2014 | 313.04 billion current LCU | -9.5% |
| 2015 | 281.24 billion current LCU | -10.2% |
| 2016 | 272.35 billion current LCU | -3.2% |
| 2017 | 249.36 billion current LCU | -8.4% |
| 2018 | 234.03 billion current LCU | -6.1% |
| 2019 | 252.05 billion current LCU | +7.7% |
| 2020 | 288.68 billion current LCU | +14.5% |
| 2021 | 261.89 billion current LCU | -9.3% |
| 2022 | 317.17 billion current LCU | +21.1% |
| 2023 | 300.76 billion current LCU | -5.2% |
| 2024 | 308.95 billion current LCU | +2.7% |
Ireland compared with similar countries
- Ireland's 308.95 billion current LCU is below the median for high income countries, which is 701.01 billion current LCU, 44% of the median. (61 countries reporting)
- Ireland's 308.95 billion current LCU is below the median for Europe & Central Asia, which is 629.86 billion current LCU, 49% of the median. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 278.17 billion current LCU | 127.87 billion current LCU | 461.64 billion current LCU | 9 |
| 2010s | 309.44 billion current LCU | 234.03 billion current LCU | 395.72 billion current LCU | 10 |
| 2020s | 295.49 billion current LCU | 261.89 billion current LCU | 317.17 billion current LCU | 5 |
Countries ranked near Ireland
- 110 Portugal 333.86 billion current LCU compare
- 111 Guinea-Bissau 326.78 billion current LCU compare
- 112 Central African Republic 318.11 billion current LCU compare
- 114 Ghana 269.34 billion current LCU compare
- 115 Bhutan 244.31 billion current LCU compare
- 116 Cape Verde 195.38 billion current LCU compare
More financial sector data for Ireland
- Reserve position in the IMF, US dollar, annual growth rate 13.07 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0017 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 223.7 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 7.68 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0012 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 163.34 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 13.07 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0017 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 223.7 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 7.68 % change on previous year (2025)
Frequently asked questions
- What is net domestic credit in Ireland?
- Net domestic credit in Ireland was 308.95 billion current LCU in 2024, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest net domestic credit recorded in Ireland?
- The highest recorded value was 461.64 billion current LCU in 2007.
- What is the lowest net domestic credit recorded in Ireland?
- The lowest recorded value was 127.87 billion current LCU in 2001.
- How does Ireland rank for net domestic credit?
- Ireland ranks 113th out of 187 countries with data for 2024.
- Is net domestic credit rising or falling in Ireland?
- Over the last ten years it is down 1.3%. The long-run trend across the full record is rising.
- Where does this Ireland data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Net domestic credit (current LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 24 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Net domestic credit is the sum of net claims on the central government and claims on other sectors of the domestic economy. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.