Annual government expenditure by function (COFOG) — Gross capital in Ireland
Ireland: Annual government expenditure by function (COFOG) — Gross capital was 14,582 National currency in 2024. ◆ Volatile
Annual government expenditure by function (COFOG) — Gross capital in Ireland, 1995–2024
Source: Organisation for Economic Co-operation and Development. Measured in National currency.
Analysis
The most recent figure for annual government expenditure by function (cofog) — gross capital in Ireland is 14,582 National currency, measured in 2024. That is the highest value across all 30 years on record.
The figure is up 18.2% on the previous year and up 236.9% over ten years.
Over the whole period, annual government expenditure by function (cofog) — gross capital in Ireland peaked at 14,582 National currency in 2024 and was at its lowest, 1,286 National currency, in 1995.
Ireland ranks 23rd of 28 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Annual government expenditure by function (COFOG) — Gross capital in Ireland, year by year
| Year | National currency | Change |
|---|---|---|
| 1995 | 1,286 National currency | — |
| 1996 | 1,489 National currency | +15.8% |
| 1997 | 1,780 National currency | +19.6% |
| 1998 | 2,192 National currency | +23.1% |
| 1999 | 2,891 National currency | +31.9% |
| 2000 | 3,800 National currency | +31.4% |
| 2001 | 5,169 National currency | +36.0% |
| 2002 | 5,756 National currency | +11.4% |
| 2003 | 5,364 National currency | -6.8% |
| 2004 | 5,507 National currency | +2.7% |
| 2005 | 6,021 National currency | +9.3% |
| 2006 | 7,072 National currency | +17.4% |
| 2007 | 9,207 National currency | +30.2% |
| 2008 | 10,150 National currency | +10.2% |
| 2009 | 6,407 National currency | -36.9% |
| 2010 | 5,612 National currency | -12.4% |
| 2011 | 4,375 National currency | -22.0% |
| 2012 | 3,685 National currency | -15.8% |
| 2013 | 3,721 National currency | +1.0% |
| 2014 | 4,329 National currency | +16.3% |
| 2015 | 4,666 National currency | +7.8% |
| 2016 | 5,424 National currency | +16.2% |
| 2017 | 5,557 National currency | +2.5% |
| 2018 | 6,801 National currency | +22.4% |
| 2019 | 8,118 National currency | +19.4% |
| 2020 | 8,880 National currency | +9.4% |
| 2021 | 8,693 National currency | -2.1% |
| 2022 | 10,910 National currency | +25.5% |
| 2023 | 12,333 National currency | +13.0% |
| 2024 | 14,582 National currency | +18.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1,928 National currency | 1,286 National currency | 2,891 National currency | 5 |
| 2000s | 6,445 National currency | 3,800 National currency | 10,150 National currency | 10 |
| 2010s | 5,229 National currency | 3,685 National currency | 8,118 National currency | 10 |
| 2020s | 11,080 National currency | 8,693 National currency | 14,582 National currency | 5 |
Countries ranked near Ireland
More public sector data for Ireland
- Arms imports 63.00 million SIPRI trend indicator values (2023)
- Arms imports (SIPRI trend indicator values), per capita 11.86 SIPRI trend indicator values per person (2023)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0001 SIPRI trend indicator values per US$ of GDP (2023)
- Arms imports (SIPRI trend indicator values), annual growth rate -74.29 % change on previous year (2020)
- Arms imports (SIPRI trend indicator values), gaps filled 63.00 million SIPRI trend indicator values (2023)
- Military expenditure (current USD), per capita 246.58 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0022 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate 4.83 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 1.33 billion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 914.5 SIPRI trend indicator values per square kilometre (2023)
Frequently asked questions
- What is annual government expenditure by function (cofog) — gross capital in Ireland?
- Annual government expenditure by function (cofog) — gross capital in Ireland was 14,582 National currency in 2024, according to Organisation for Economic Co-operation and Development.
- What is the highest annual government expenditure by function (cofog) — gross capital recorded in Ireland?
- The highest recorded value was 14,582 National currency in 2024.
- What is the lowest annual government expenditure by function (cofog) — gross capital recorded in Ireland?
- The lowest recorded value was 1,286 National currency in 1995.
- How does Ireland rank for annual government expenditure by function (cofog) — gross capital?
- Ireland ranks 23rd out of 28 countries with data for 2024.
- Is annual government expenditure by function (cofog) — gross capital rising or falling in Ireland?
- Over the last ten years it is up 236.9%. The long-run trend across the full record is volatile.
- Where does this Ireland data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of Annual government expenditure by function (COFOG) — Gross capital formation and acquisitions less disposals of non-produced assets. Statizoid updates them automatically from the source API.
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About this data
This table provides a breakdown of government expenditure according to the Classification of the Functions of Government (COFOG), which shows how much governments spend in areas such as health, education, environmental protection, defence and servicing public debt. The presentation is on a country-by-country basis. Users are recommended to select one country (or area) at a time in the ‘Reference area’ filter. Data is presented for each country in national currency as well as in euros for the European Union and the euro area. Data are also available, for most countries, for the sub-sectors of general government. Specific categories of expenditure (such as health and education) can be selected using the ‘Expenditure’ filter, while details of the type of expenditure such as compensation of employees (payment of wages and salaries and employers’ social contributions) can be selected using the ‘Transaction’ filter. For government final consumption expenditure a breakdown is also provided, in the ‘Transaction’ filter, between individual and collective consumption expenditure. Data is for General Government. For most countries, results are also available for the General Government sub-sectors: central, local and state (regional) government and social security. These sub-sectors can be selected using the ‘Institutional sector’ filter. These indicators were presented in the previous dissemination system in the SNA_TABLE11 dataset. See ANA Changes for information on changes in methodology: ANA Changes Explore also the Government Finances and Public Sector Debt webpage: Government Finances and Public Sector Debt webpage OECD statistics contact: STAT.Contact@oecd.org