Annual government expenditure by function (COFOG) — Gross fixed in Ireland

Ireland: Annual government expenditure by function (COFOG) — Gross fixed was 14,613 National currency in 2024. ◆ Volatile

Latest (2024)
14,613 National currency
Change on year
up 20.8%
World rank
21st
of 27 countries
All-time high
14,613 National currency
in 2024
All-time low
1,286 National currency
in 1995
Years of data
30
1995–2024

Annual government expenditure by function (COFOG) — Gross fixed in Ireland, 1995–2024

05.0k10.0k15.0k1995200920241995: 1.3k National currency1996: 1.5k National currency1997: 1.8k National currency1998: 2.2k National currency1999: 2.9k National currency2000: 3.8k National currency2001: 5.2k National currency2002: 5.7k National currency2003: 5.4k National currency2004: 5.5k National currency2005: 6.0k National currency2006: 7.0k National currency2007: 9.2k National currency2008: 9.9k National currency2009: 6.4k National currency2010: 5.7k National currency2011: 4.3k National currency2012: 3.6k National currency2013: 3.6k National currency2014: 4.3k National currency2015: 4.6k National currency2016: 5.4k National currency2017: 5.6k National currency2018: 6.7k National currency2019: 8.2k National currency2020: 8.9k National currency2021: 9.0k National currency2022: 11.0k National currency2023: 12.1k National currency2024: 14.6k National currency

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 fixed in Ireland is 14,613 National currency, measured in 2024. That is the highest value across all 30 years on record.

Compared with earlier readings it is up 20.8% on the previous year and up 242.3% over ten years.

Over the whole period, annual government expenditure by function (cofog) — gross fixed in Ireland peaked at 14,613 National currency in 2024 and was at its lowest, 1,286 National currency, in 1995.

Ireland ranks 21st of 27 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 fixed in Ireland, year by year

Annual values for Annual government expenditure by function (COFOG) — Gross fixed capital formation in Ireland, 1995 to 2024.
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 5,152 National currency +35.6%
2002 5,741 National currency +11.4%
2003 5,352 National currency -6.8%
2004 5,506 National currency +2.9%
2005 6,024 National currency +9.4%
2006 7,028 National currency +16.7%
2007 9,206 National currency +31.0%
2008 9,877 National currency +7.3%
2009 6,408 National currency -35.1%
2010 5,692 National currency -11.2%
2011 4,264 National currency -25.1%
2012 3,602 National currency -15.5%
2013 3,638 National currency +1.0%
2014 4,269 National currency +17.3%
2015 4,606 National currency +7.9%
2016 5,364 National currency +16.5%
2017 5,602 National currency +4.4%
2018 6,741 National currency +20.3%
2019 8,245 National currency +22.3%
2020 8,852 National currency +7.4%
2021 9,040 National currency +2.1%
2022 10,987 National currency +21.5%
2023 12,101 National currency +10.1%
2024 14,613 National currency +20.8%

Averages by decade

DecadeAverage LowestHighest Years
1990s 1,928 National currency 1,286 National currency 2,891 National currency 5
2000s 6,409 National currency 3,800 National currency 9,877 National currency 10
2010s 5,202 National currency 3,602 National currency 8,245 National currency 10
2020s 11,119 National currency 8,852 National currency 14,613 National currency 5

Countries ranked near Ireland

  1. 18 Switzerland 26,112 National currency compare
  2. 19 Austria 19,420 National currency compare
  3. 20 Belgium 19,266 National currency compare
  4. 22 Finland 12,246 National currency compare
  5. 23 Greece 8,612 National currency compare
  6. 24 Portugal 7,881 National currency compare

See the full ranking of 38 places →

More public sector data for Ireland

All data for Ireland →

Frequently asked questions

What is annual government expenditure by function (cofog) — gross fixed in Ireland?
Annual government expenditure by function (cofog) — gross fixed in Ireland was 14,613 National currency in 2024, according to Organisation for Economic Co-operation and Development.
What is the highest annual government expenditure by function (cofog) — gross fixed recorded in Ireland?
The highest recorded value was 14,613 National currency in 2024.
What is the lowest annual government expenditure by function (cofog) — gross fixed 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 fixed?
Ireland ranks 21st out of 27 countries with data for 2024.
Is annual government expenditure by function (cofog) — gross fixed rising or falling in Ireland?
Over the last ten years it is up 242.3%. 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 fixed capital formation. Statizoid updates them automatically from the source API.

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Annual government expenditure by function (COFOG) — Gross fixed in Ireland. Statizoid, drawing on Organisation for Economic Co-operation and Development. Retrieved 23 August 2026, from https://public-sector.statizoid.com/stat/annual-government-expenditure-by-function-cofog-gross-fixed-capital-formation/ireland/

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About this data

Indicator
Annual government expenditure by function (COFOG) — Gross fixed capital formation
Unit
National currency
Source
Organisation for Economic Co-operation and Development
Licence
OECD Terms and Conditions (attribution required)
Coverage
38 places, 1,116 data points, 1970–2025
Last refreshed

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