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Ireland Inflation Rate

Consumer price inflation, annual %  FP.CPI.TOTL.ZG

Ireland's inflation rate was 1.67% in 2025, ranked 149th globally. This represents a 21.0% decrease from 2024. Data from World Bank, covering 1960–2025.

1.67% −0.44pp (-21.0%)
Year 2025 Rank #149 Global Peak 20.88% (1975) Source World Bank

Ireland Inflation Rate (1960–2025)

Overview

Ireland's inflation rate stood at 1.67% in 2025, a decline of +0.44pp from 2024. The IMF projects 1.67% by 2025. Ireland ranked 149th globally.

Ireland’s consumer price inflation has moderated to 1.67 % in 2025, placing the country 149th in the World Bank ranking and closely aligning with Italy’s 1.66 % and Guatemala’s 1.69 % rates. The current level is far below the all‑time peak of 20.88 % recorded in 1975, a period marked by oil shocks and stag‑stagnation that drove prices sharply upward across Europe. Conversely, the negative 4.45 % rate experienced in 2009 reflected the global financial crisis and a sharp collapse in demand, producing a brief deflationary episode. Over the 66‑year series, Ireland’s inflation trajectory has shifted from volatile extremes toward a more stable, low‑single‑digit environment, supported by prudent monetary policy and a diversified export base. Continued alignment with European Central Bank guidance and resilience in the housing and technology sectors should help sustain modest inflation, barring external shocks such as commodity price spikes or abrupt fiscal tightening.

Data & projection

Year Inflation Rate YoY change Rank
2030* IMF 2.03% - -
2029* IMF 2.03% - -
2028* IMF 1.95% - -
2027* IMF 1.83% - -
2026* IMF 1.66% - -
2025* IMF 1.67% - -
2025 1.67% −0.44pp #149
2024 2.11% −3.09pp #61
2023 6.30% −1.77pp #112
2022 7.83% +5.42pp #94
2021 2.34% +2.80pp #64
2020 -0.33% −1.21pp #29
2019 0.94% +0.24pp #53
2018 0.47% +0.21pp #17
2017 0.36% +0.55pp #16
2016 0.02% +0.07pp #46
2015 -0.33% −0.63pp #41
2014 0.19% −0.35pp #31
2013 0.52% −1.38pp #26
2012 1.69% +0.48pp #33
2011 2.55% +4.18pp #30
Show all years (1960-2025)
* IMF World Economic Outlook projection

Detected Pattern

Export Boom Cycle
Current account surplus with strong export growth (>15% YoY), reserve accumulation, and moderate GDP growth. Typical of commodity exporters during price surges.
Reserves YoY +77.5% GDP growth 16.3% C/A balance 12.3%
Occurred 768 times, 546 successful
Reserves YoY
+25.6%
GDP growth
4.0%
C/A balance
14.5%
Reserves YoY
+14.6%
GDP growth
3.7%
C/A balance
2.9%
Reserves YoY
+12.8%
GDP growth
43.8%
C/A balance
16.4%
Reserves YoY
+12.6%
GDP growth
6.0%
C/A balance
0.5%
Reserves YoY
+38.3%
GDP growth
5.0%
C/A balance
1.2%
Reserves YoY
+18.0%
GDP growth
2.9%
C/A balance
3.9%

Analysis

Ireland matched the Export Boom Cycle pattern in 2021. Historically, 71% of countries showing this pattern (546 out of 768) saw inflation rate improve within 24 months. View full analysis →

The packaging and processing industry's concerns over rising material costs, energy prices, and supply chain disruptions indicate potential cost-push pressures that could influence Ireland's 1.67%

Frequently Asked Questions

What is Ireland's inflation rate?▾

Ireland's inflation rate was 1.67% in 2025. Ranked 149th globally. This represents a 21.0% decrease from the previous year.

What was the highest inflation rate in Ireland?▾

Ireland's inflation rate peaked at 20.88% in 1975.

What was the lowest inflation rate in Ireland?▾

The lowest inflation rate in Ireland was -4.45% in 2009.

How does Ireland rank in inflation rate?▾

Ireland ranks 149th globally in inflation rate as of 2025.

What is the World Bank indicator code for inflation rate?▾

The World Bank indicator code is FP.CPI.TOTL.ZG. Data sourced from World Bank.

What is the projected inflation rate of Ireland in 2025?▾

Ireland's inflation rate is projected to reach 1.67% by 2025 based on IMF projection.

What is the inflation rate of Ireland in 2025?▾

The inflation rate of Ireland in 2025 was 1.67%. This ranks 149th in the world.

Cite this page

APA
Ireland Inflation Rate. HistorySaid. Retrieved October 31, 2026, from https://historysaid.com/ireland/inflation-rate/
BibTeX
@misc{historysaid_ireland_inflation-rate, title = {Ireland Inflation Rate}, url = {https://historysaid.com/ireland/inflation-rate/}, publisher = {HistorySaid}, year = {2026} }

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