Total factoring volume to GDP (%) in Ireland
Ireland: Total factoring volume to GDP (%) was 8.2% in 2020. ▼ Falling
Total factoring volume to GDP in Ireland, 2007–2020
Source: Factors Chain International. Measured in %.
Analysis
In 2020, total factoring volume to gdp in Ireland stood at 8.2%.
Compared with earlier readings it is up 2.4% on the previous year and down 31.6% over ten years.
Over the whole period, total factoring volume to gdp in Ireland peaked at 12.8% in 2008 and was at its lowest, 7.8%, in 2018.
Ireland ranks 20th of 73 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 14 years of available data.
Total factoring volume to GDP (%) in Ireland, year by year
| Year | % | Change |
|---|---|---|
| 2007 | 11.6% | — |
| 2008 | 12.8% | +10.0% |
| 2009 | 11.4% | -10.9% |
| 2010 | 12.1% | +5.9% |
| 2011 | 10.7% | -11.5% |
| 2012 | 11.7% | +9.8% |
| 2013 | 12.3% | +4.8% |
| 2014 | 12.0% | -2.5% |
| 2015 | 9.7% | -18.9% |
| 2016 | 8.5% | -12.9% |
| 2017 | 9.4% | +11.5% |
| 2018 | 7.8% | -17.0% |
| 2019 | 8.1% | +3.0% |
| 2020 | 8.2% | +2.4% |
Ireland compared with similar countries
- Ireland's 8.2% is above the median for high income countries, which is 5.9%, 1.4× the median. (44 countries reporting)
- Ireland's 8.2% is above the median for Europe & Central Asia, which is 5.9%, 1.4× the median. (38 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 11.9% | 11.4% | 12.8% | 3 |
| 2010s | 10.2% | 7.8% | 12.3% | 10 |
| 2020s | 8.2% | 8.2% | 8.2% | 1 |
Countries ranked near Ireland
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 total factoring volume to gdp in Ireland?
- Total factoring volume to gdp in Ireland was 8.2% in 2020, according to Factors Chain International.
- What is the highest total factoring volume to gdp recorded in Ireland?
- The highest recorded value was 12.8% in 2008.
- What is the lowest total factoring volume to gdp recorded in Ireland?
- The lowest recorded value was 7.8% in 2018.
- How does Ireland rank for total factoring volume to gdp?
- Ireland ranks 20th out of 73 countries with data for 2020.
- Is total factoring volume to gdp rising or falling in Ireland?
- Over the last ten years it is down 31.6%. The long-run trend across the full record is falling.
- Where does this Ireland data come from?
- The figures come from Factors Chain International, published as part of Total factoring volume to GDP (%). Statizoid updates them automatically from the source API.
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CSV · JSON — 14 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
GDP data provided by IFS and converted into USD using IFS exchange rates.