Economic Indicators

Economic Indicators

Economic indicators provide an overview of some of the key economic developments in the Irish economy.  By being familiar with these indicators, and knowing the direction in which they are going, you will be better able to understand what is going on in the economy around you.

For your leaving cert exam, you will be expected to know how to interpret several key indicators and comment on trends indicated. You will find the latest figures for a number of these key indicators in this section of the site including:

Economic Growth – is commonly measured as the percentage increase in gross domestic product (GDP) or gross national product (GNP) during one year.

Inflation – the steady and persistent increase in the general price level thus causing a fall in the value/purchasing power of money.

International Trade – the exchange (importing and exporting) of goods and services across international countries.

Government Finances – include the government’s fiscal policy, which can be defined as any action by the Government which affects the size, structure and timing of Government revenue and expenditure.

Unemployment – the percentage of people not in work, but who are available for and actively seeking work.

The Central Statistics Office (CSO) revise data on an ongoing basis. We update this data regularly to ensure the most up to date data available for students and teachers.