Latest reading: Industrial production fell 0.8% on a year-on-year basis in September, stable from the prior month’s reading. Relative to...
Industrial Production in Ireland
The Irish economy recorded an average industrial production growth rate of 10.8% in the decade to 2024. In 2024, industrial production growth was -5.5%. For more industry information, visit our dedicated page.
Ireland Industry Chart
Note: This chart displays Industrial Production (annual variation in %) for Ireland from 2025 to 2015.
Source: Macrobond.
Ireland Industry Data
| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Industrial Production (ann. var. %) | 15.4 | 31.1 | 11.2 | -1.5 | -5.5 |
Industrial production gains steam in August
Latest reading: Industrial production was up 9.8% on a seasonally adjusted month-on-month basis in August, following a 0.5% rise in the prior month. Relative to the previous month's data, the reading for modern sector improved in August (+12.1% on a seasonally adjusted month-on-month basis vs +2.3% in July). The modern sector’s output tends to be volatile—even more so now as Trump’s tariffs wreak havoc on trade flows—due to the presence of multinational-dominated industries, such as chemicals, pharmaceuticals and computers and electronics. In contrast, the reading for traditional sector worsened in August (-2.2% vs -1.8% in July). On a year-on-year basis, industrial production rose 25.0% in August, following 10.5% growth in the previous month.
Consensus Forecasts and Projections for the next ten years
How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Irish industry projections for the next ten years from a panel of 4 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable industry forecast available for Irish industry.
Download one of our sample reports to visualize what a Consensus Forecast is and see our Irish industry projections.
Want to get access to the full dataset of Irish industry forecasts? Send an email to info@focus-economics.com.
Latest Global Industrial production News
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Belarus: Industrial production contracts again in September -
Euro Area: Industrial production shrinks in August Latest reading: Industrial production declined 1.2% in seasonally adjusted month-on-month terms in August, following a 0.5% increase in the previous... -
Japan: Industrial production contracts again in August Latest reading: Industrial production was down 1.5% on a seasonally adjusted month-on-month basis in August, after declining 1.2% in the... -
Cyprus: Industrial production accelerates in August Latest reading: Industrial production increased 2.4% on a calendar-adjusted year-on-year basis in August, following a 1.6% rise in the previous... -
Latvia: Industrial production loses momentum in August Latest reading: Industrial production was up 2.5% in annual terms in August, following a 9.8% rise in the prior month.... -
Greece: Industrial production contracts in August Latest reading: Industrial production declined 4.1% on a seasonally adjusted month-on-month basis in August, following a 0.4% rise in the... -
Turkey: Industrial production returns to growth in August Latest reading: Industrial production rose 0.5% in seasonally adjusted month-on-month terms in August, following a 1.7% fall in the prior...