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Economy of Ireland vs Moldova compared: GDP & Debt

Updated on by Georank

Ireland has a GDP of $722B compared to $20.4B for Moldova, ranking 24/197 and 133/197 by economy size, respectively.

Ireland has $238B in government debt (32.9% of GDP), compared to $7.45B (36.6% of GDP) in Moldova.

Ireland vs Moldova GDP by year

Ireland
Moldova
1x
Year GDP, current $
Ireland Moldova
2025 $721,701,359,046 $20,351,796,275
2024 $609,157,459,747 $18,206,842,141
2023 $567,372,737,459 $16,711,906,746
2022 $548,341,794,599 $14,525,337,524
2021 $530,394,123,830 $13,691,869,264
2020 $436,009,027,819 $11,530,746,234
2019 $407,211,793,801 $11,736,797,055
2018 $395,780,319,817 $11,252,353,421
2017 $348,355,212,569 $9,514,404,016
2016 $305,431,252,709 $7,980,917,076
2015 $302,101,388,556 $7,797,667,197
2014 $266,490,442,124 $9,402,090,138
2013 $242,924,245,719 $9,496,717,876
2012 $226,921,827,888 $8,709,138,635
2011 $240,975,871,047 $8,414,352,020
2010 $221,732,824,603 $6,974,982,370
2009 $236,443,115,854 $5,439,434,272
2008 $275,447,471,451 $6,054,824,248
2007 $270,079,279,420 $4,401,173,152
2006 $232,180,617,162 $3,408,255,451
2005 $211,876,989,656 $2,988,342,907
2004 $194,372,115,041 $2,598,249,556
2003 $164,670,771,260 $1,980,907,435
2002 $128,596,035,288 $1,661,818,168
2001 $109,346,669,230 $1,480,673,594
2000 $100,207,610,430 $1,288,429,392
1999 $98,893,958,263 $1,170,782,957
1998 $90,199,410,116 $1,698,717,505
1997 $82,856,648,758 $1,930,081,169
1996 $75,790,786,290 $1,695,122,174
1995 $69,139,823,232 $1,752,999,370
1994 $57,097,656,066 $1,702,314,268
1993 $52,417,477,614 $2,371,813,324
1992 $55,918,538,121 $2,319,243,436
1991 $49,787,501,584 $3,094,565,871
1990 $49,305,632,408 $3,592,857,043
1989 $39,238,392,678 -
1988 $37,772,896,221 -
1987 $33,920,518,493 -
1986 $28,714,571,852 -
1985 $21,270,013,326 -
1984 $20,106,648,455 -
1983 $20,766,047,764 -
1982 $21,474,752,962 -
1981 $20,670,190,138 -
1980 $21,747,855,640 -
1979 $18,319,334,300 -
1978 $14,647,996,074 -
1977 $11,248,340,431 -
1976 $9,453,756,015 -
1975 $9,483,808,362 -
1974 $7,896,860,615 -
1973 $7,481,173,066 -
1972 $6,318,060,582 -
1971 $5,098,250,287 -
1970 $4,395,995,086 -
1969 $3,902,721,632 -
1968 $3,378,701,147 -
1967 $3,445,739,915 -
1966 $3,198,820,904 -
1965 $3,035,655,794 -
1964 $2,851,091,646 -
1963 $2,505,073,358 -
1962 $2,329,372,972 -
1961 $2,151,772,980 -
1960 $1,998,550,222 -

Data sources: World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08).

GeoRank.org/economy/ireland/moldova | CC BY

GDP per capita in Ireland vs Moldova by year

Ireland
GDP per capita

GDP per capita, PPP
Moldova
GDP per capita

GDP per capita, PPP
1x
Year Current $
Ireland Moldova
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $131,592 - $8,622 -
2024 $112,895 $133,437 $7,579 $18,615
2023 $106,819 $129,683 $6,800 $17,747
2022 $105,191 $138,523 $5,744 $16,453
2021 $103,783 $116,904 $5,275 $15,682
2020 $86,514 $97,800 $4,376 $13,527
2019 $81,828 $92,023 $4,405 $13,413
2018 $80,804 $86,299 $4,156 $11,868
2017 $72,161 $80,450 $3,453 $11,252
2016 $64,130 $73,013 $2,847 $10,326
2015 $64,250 $71,588 $2,750 $9,198
2014 $57,215 $52,641 $3,290 $8,643
2013 $52,538 $48,839 $3,321 $8,233
2012 $49,336 $46,726 $3,045 $7,255
2011 $52,614 $45,526 $2,941 $6,833
2010 $48,624 $43,212 $2,437 $6,323
2009 $52,133 $41,491 $1,898 $5,827
2008 $61,353 $44,169 $2,111 $6,153
2007 $61,396 $46,782 $1,531 $5,590
2006 $54,329 $44,223 $1,183 $5,271
2005 $50,933 $40,466 $1,034 $4,866
2004 $47,754 $38,729 $897 $4,378
2003 $41,204 $36,280 $682 $3,960
2002 $32,705 $35,222 $571 $3,633
2001 $28,282 $32,573 $507 $3,311
2000 $26,335 $30,216 $441 $3,045
1999 $26,338 $27,041 $399 $2,910
1998 $24,295 $25,094 $579 $2,965
1997 $22,551 $22,637 $657 $3,136
1996 $20,836 $20,482 $575 $3,021
1995 $19,158 $18,944 $594 $3,146
1994 $15,903 $17,011 $574 $3,111
1993 $14,657 $15,811 $797 $4,394
1992 $15,714 $15,116 $778 $4,337
1991 $14,087 $14,399 $1,038 $5,980
1990 $14,031 $13,743 $1,207 $6,895
1989 $11,176 - - -
1988 $10,716 - - -
1987 $9,582 - - -
1986 $8,112 - - -
1985 $6,012 - - -
1984 $5,692 - - -
1983 $5,915 - - -
1982 $6,161 - - -
1981 $5,986 - - -
1980 $6,372 - - -
1979 $5,430 - - -
1978 $4,400 - - -
1977 $3,427 - - -
1976 $2,920 - - -
1975 $2,973 - - -
1974 $2,517 - - -
1973 $2,424 - - -
1972 $2,080 - - -
1971 $1,704 - - -
1970 $1,487 - - -
1969 $1,331 - - -
1968 $1,159 - - -
1967 $1,187 - - -
1966 $1,107 - - -
1965 $1,055 - - -
1964 $995 - - -
1963 $878 - - -
1962 $821 - - -
1961 $762 - - -
1960 $707 - - -

Data sources: World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08).

GeoRank.org/economy/ireland/moldova | CC BY

Ireland's GDP per capita is $131,592, ranking 4/197, compared to $8,622 in Moldova, ranking 93/197. Adjusted for purchasing power (GDP per capita PPP), Ireland ranks 4th at $133,437, while Moldova ranks 100th at $18,615.

Economic indicators

Ireland Moldova
Gross domestic product
$722B
2025
$20.4B
2025
GDP rank
24/197
2025
133/197
2025
GDP growth
12.3%
2024-2025
2.42%
2024-2025
GDP per capita
$131,592
2025
$8,622
2025
GDP per capita rank
4/197
2025
93/197
2025
GDP per capita, PPP
$133,437
2024
$18,615
2024
GDP per capita PPP rank
4/197
2024
100/197
2024
Government debt
$238B
2025
$7.45B
2025
Debt-to-GDP ratio
32.9%
2025
36.6%
2025
Government debt per person
$43,334
2025
$3,158
2025
Government debt per person rank
14/185
2025
103/185
2025
Average annual personal income after taxes
$47,174
2026
$4,301
2026
Market capitalization of domestic companies
$110B
2018
n/a
Number of millionaires
192,000
2026
n/a
Number of billionaires
11
2026
n/a
Income share by richest 10%
24.1%
2023
22.8%
2023
Income share by poorest 10%
3.7%
2023
4.3%
2023
Government expenditure, % of GDP
21.6%
2025
39.4%
2025
Consumer prices inflation
2.21%
2024-2025
7.76%
2024-2025
Central bank interest rate n/a
6.5%
2026
Unemployment rate
4.7%
2025
1.28%
2025
Population
5562212
2328600

Spending and national debt comparison by year

Ireland
Spending

Debt
Moldova
Spending

Debt
1x
Year % of GDP
Ireland Moldova
Government spending Government debt Government spending Government debt
2025 21.6% 32.9% 39.4% 36.6%
2024 22.4% 38.3% 38% 38.8%
2023 22.2% 41.8% 38.8% 34.9%
2022 20.7% 42.9% 36.6% 35%
2021 23.5% 52.4% 34.6% 33.6%
2020 26.7% 56.9% 36.7% 36.6%
2019 23.9% 55.8% 32% 28.8%
2018 24.7% 61.3% 31.5% 31.8%
2017 25.3% 65.2% 31% 34.9%
2016 27.5% 72.7% 30.5% 39.7%
2015 28.1% 74% 31.7% 42.1%
2014 36.6% 101.4% 33.8% 35.4%
2013 39.8% 117.7% 32.4% 30%
2012 42.3% 118.9% 33.7% 31.3%
2011 46.9% 109.6% 32.6% 24.2%
2010 64.9% 86.2% 34.1% 25.5%
2009 46.9% 61.8% 45.3% 32.6%
2008 41.6% 42.5% 41.5% 22.2%
2007 35.6% 23.9% 42.7% 28.3%
2006 33.6% 23.7% 40.3% 35%
2005 33% 26.1% 37.1% 40.4%
2004 32.8% 28.1% 34.8% 49.3%
2003 32.7% 29.8% 33.5% 68.1%
2002 32.9% 30.9% 30.7% 80.3%
2001 32.2% 33.6% 29.5% 85.4%
2000 30.6% 36.4% 34% 89.1%
1999 32.5% 46.6% 33% 150.7%
1998 34.2% 51.4% 39.1% 159.4%
1997 36.1% 61.6% 46% 89%
1996 38.5% 69.8% 43.3% 87.5%
1995 40.3% 78.5% 42% 79.5%
1994 43.9% 88% - -
1993 44.6% 93.4% - -
1992 44.8% 90.6% - -
1991 44.4% 93.8% - -
1990 42.8% 92.7% - -
1989 42.5% 97.9% - -
1988 48.2% 106.5% - -
1987 51.4% 108.3% - -
1986 52.9% 107.2% - -
1985 53.2% 93% - -
1984 52.7% 90.2% - -
1983 55.6% 86.1% - -
1982 56.7% 73.5% - -
1981 54.1% 68.8% - -
1980 53.7% 64.6% - -
1979 48.7% 63.5% - -
1978 46.2% 50.6% - -
1977 44.6% 49.2% - -
1976 47.8% 51.7% - -
1975 48.2% 48.3% - -
1974 44.3% 43.5% - -
1973 40.3% 35.1% - -
1972 41.5% 37.3% - -
1971 45.3% 39.8% - -
1970 44.1% 41.7% - -
1969 42.5% 42.6% - -
1968 40% 44.7% - -
1967 39.3% 47.1% - -
1966 36.9% 47.7% - -
1965 35.8% 44.6% - -
1964 34.8% 43.1% - -
1963 33.6% 45.2% - -
1962 31.7% 44.5% - -
1961 31.4% 44.3% - -
1960 29.1% 44.9% - -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1995–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1960–1994, retrieved 2026-07-08).

GeoRank.org/economy/ireland/moldova | CC BY

In 2025, Ireland's government spending was $156B, accounting for 21.6% of its GDP, while Moldova spent $8.02B, or 39.4% of GDP.

Debt-to-GDP ratio is 32.9% in Ireland and 36.6% in Moldova, ranking 149/185 and 140/185, respectively.

Government deficit by year

Deficit/surplus
Ireland

Moldova
1x
Year Deficit/surplus, % of GDP
Ireland Moldova
2025 1.54% -3.87%
2024 4.02% -4.02%
2023 1.36% -5.13%
2022 1.58% -3.24%
2021 -1.31% -2.62%
2020 -4.87% -5.32%
2019 0.41% -1.47%
2018 0.09% -0.85%
2017 -0.3% -0.65%
2016 -0.76% -1.56%
2015 -1.97% -1.93%
2014 -3.52% -1.6%
2013 -6.28% -1.57%
2012 -8.42% -1.93%
2011 -13.5% -2.05%
2010 -32.1% -2.18%
2009 -13.9% -6.38%
2008 -7.03% -0.87%
2007 0.27% 0.15%
2006 2.78% -0.42%
2005 1.57% 1.44%
2004 1.3% 0.59%
2003 0.35% 0.47%
2002 -0.52% -1.18%
2001 0.96% -0.34%
2000 4.86% -3.55%
1999 3.54% -2.64%
1998 2.07% -1.52%
1997 1.37% -7.47%
1996 -0.2% -7.42%
1995 -2.07% -2.58%
1994 -1.98% -
1993 -2.7% -
1992 -2.92% -
1991 -2.82% -
1990 -2.77% -
1989 -2.64% -
1988 -4.62% -
1987 -8.47% -
1986 -10.5% -
1985 -10.7% -
1984 -9.43% -
1983 -11.5% -
1982 -13.1% -
1981 -12.1% -
1980 -11.1% -
1979 -10% -
1978 -8.27% -
1977 -6.44% -
1976 -7.34% -
1975 -11.1% -
1974 -6.96% -
1973 -3.84% -
1972 -3.23% -
1971 -3.5% -
1970 -3.64% -
1969 -3.4% -
1968 -2.72% -
1967 -2.69% -
1966 -2.26% -
1965 -3.5% -
1964 -3.35% -
1963 -2.92% -
1962 -2.91% -
1961 -2.6% -
1960 -1.97% -
1959 -2.16% -
1958 -4.3% -
1957 -5.19% -
1956 -3.23% -
1955 -5.06% -
1954 -5.28% -
1953 -5.77% -
1952 -7.84% -
1951 -4.62% -
1950 -5.21% -
1949 -2.17% -
1948 -1.29% -
1947 -1.8% -
1946 -0.43% -
1945 -0.43% -
1944 0.39% -
1943 -1.18% -
1942 -2.48% -
1941 -1.42% -
1940 -0.15% -
1939 -7.31% -
1938 -0.92% -
1937 -0.77% -
1936 -0.19% -
1935 - -
1934 - -
1933 2.97% -
1932 - -
1931 -1.63% -
1930 - -
1929 -3.41% -
1928 - -
1927 - -
1926 -1.95% -

Data sources: International Monetary Fund (IMF) | Public Finances in Modern History (1926–1994, retrieved 2026-07-08); International Monetary Fund (IMF) | Fiscal Monitor (1995–2025, retrieved 2026-07-08).

GeoRank.org/economy/ireland/moldova | CC BY

In 2025, Ireland's government surplus, the difference between spending and revenue, was $11.2B, equivalent to 1.54% of GDP. This compares to Moldova's deficit of $788M, or 3.87% of GDP.

Over the past 31 years, Ireland recorded a fiscal deficit in 15 of those years, while Moldova ran a deficit in 27 years. On average, Ireland posted an annual deficit equal to 2.22% of GDP, compared to deficit of 2.31% of GDP for Moldova.

Inflation comparison by year

Inflation
Ireland

Moldova
1x
Year Consumer prices inflation
Ireland Moldova
2025 2.21% 7.76%
2024 2.11% 4.68%
2023 6.3% 13.4%
2022 7.83% 28.7%
2021 2.34% 5.11%
2020 -0.33% 3.77%
2019 0.94% 4.84%
2018 0.47% 3.05%
2017 0.36% 6.57%
2016 0.02% 6.36%
2015 -0.33% 9.68%
2014 0.19% 5.09%
2013 0.52% 4.6%
2012 1.69% 4.55%
2011 2.55% 7.69%
2010 -0.92% 7.48%
2009 -4.45% -0.06%
2008 4.04% 12.8%
2007 4.89% 12.4%
2006 3.94% 12.8%
2005 2.46% 12%
2004 2.18% 12.5%
2003 3.49% 11.7%
2002 4.63% 5.3%
2001 4.85% 9.76%
2000 5.58% 31.3%
1999 1.63% 39.3%
1998 2.41% 7.7%
1997 1.54% 11.8%

Data sources: World Bank | Economy & Growth (1997–2025, retrieved 2026-07-08).

GeoRank.org/economy/ireland/moldova | CC BY

Over the past 29 years, Ireland has recorded an average annual inflation rate of 2.18%, compared with 10.4% in Moldova. In 2025, inflation was 2.21% in Ireland and 7.76% in Moldova.

Top exports between countries

Ireland
Export category Export value
Machinery & equipment $684K
Chemicals & pharma $489K
Animal & marine products $147K
Processed food, beverages & tobacco $98K
Textiles & consumer goods $81K
Raw agricultural goods $33K
Miscellaneous $32K
Metals $16K
Raw materials & minerals $7K
Wood & paper products $2K
Moldova
Export category Export value
Processed food, beverages & tobacco $721K
Textiles & consumer goods $340K
Wood & paper products $250K
Raw agricultural goods $64K
Chemicals & pharma $60K
Machinery & equipment $44K
Metals $16K
Animal & marine products $3K
Precious metals & jewellery $1K
Raw materials & minerals $1K

Balance of trade

Ireland Moldova
Current account balance
$106B
2024
-$4B
2025
Current account balance ranking
7/190
2024
158/190
2025
Current account balance, % of GDP
+17.4%
2024
-19.6%
2025
Goods imports
$165B
2024
$10.1B
2025
Goods exports
$356B
2024
$3.23B
2025
Service imports
$467B
2024
$2.17B
2025
Service exports
$526B
2024
$3.22B
2025
Imports of goods and services, % of GDP
99.9%
2025
60.9%
2025
Exports of goods and services, % of GDP
140.1%
2025
31.8%
2025

Economic freedom indices

The indices of economic freedom below are issued by the Heritage Foundation. Higher scores indicate stronger economic health.

Ireland Moldova
Economic freedom 83.3 58.1
Economic freedom ranking 3/197 112/197
Property rights 94.4 40.4
Government integrity 84 45.1
Judicial effectiveness 95.4 32.4
Tax burden 77.7 87.9
Government spending 85.9 57.2
Fiscal health 97 70.3
Business freedom 85.5 68.3
Labor freedom 61.3 48.1
Monetary freedom 79.3 66
Trade freedom 79.4 76.8
Investment freedom 90 55
Financial freedom 70 50

Economic freedom comparison by year

Ireland
Moldova
1x
Year Economic freedom index
Ireland Moldova
2026 83.3 58.1
2025 83.1 58.3
2024 82.6 57.1
2023 82 58.5
2022 82 61.3
2021 81.4 62.5
2020 80.9 62
2019 80.5 59.1
2018 80.4 58.4
2017 76.7 58
2016 77.3 57.4
2015 76.6 57.5
2014 76.2 57.3
2013 75.7 55.5
2012 76.9 54.4
2011 78.7 55.7
2010 81.3 53.7
2009 82.2 54.9
2008 82.5 57.9
2007 82.6 58.7
2006 82.2 58
2005 80.8 57.4
2004 80.3 57.1
2003 80.9 60
2002 80.5 57.4
2001 81.2 54.9
2000 76.1 59.6
1999 74.6 56.1
1998 73.7 53.5
1997 72.6 48.9
1996 68.5 52.5
1995 68.5 33

Data sources: The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-07-08).

GeoRank.org/economy/ireland/moldova | CC BY

The Economic Freedom Index for Ireland is 83.3, ranking 3/197, compared to 58.1 for Moldova, ranking 112/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Ireland Moldova
Services, % of GDP
56.7%
2025
61.5%
2025
Industry, % of GDP
37.8%
2025
16.9%
2025
Agriculture, forestry, and fishing, % of GDP
1.06%
2025
7.38%
2025
GNI, Atlas method
$479B
2025
$19B
2025
GNI per capita, PPP
$106,310
2025
$19,990
2025
Total reserves including gold
$13.7B
2025
$6.01B
2025
Total reserves ranking
73/177
2025
97/177
2025
Net foreign direct investment
$62.3B
2024
-$360M
2025
Net inflows of foreign direct investment
$4.82B
2024
$458M
2024
Net outflows of foreign direct investment
$67.1B
2024
$98.4M
2024
Servicing debt to the IMF, % of GNI n/a
6.22%
2024
Poverty at national poverty lines
14%
2021
31.6%
2023
Gross capital formation, % of GDP
22.9%
2025
24.2%
2025

GDP per capita map

1x

Data sources: World Bank | Economy & Growth (1985–2025, retrieved 2026-07-08); U.S. Census Bureau (1985–2025, retrieved 2026-07-08).

GeoRank.org/economy/ireland/moldova | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1995–2025, retrieved 2026-07-08)
  3. International Monetary Fund (IMF) | Public Finances in Modern History (1926–1994, retrieved 2026-07-08)
  4. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-07-08)
  5. U.S. Census Bureau (1985–2025, retrieved 2026-07-08)
  6. TradeMap (2024–2025, retrieved 2026-07-08)
  7. United Nations | World Population Prospects (2026, retrieved 2026-07-08)
  8. LivingCost (2026, retrieved 2026-07-08)

Creative Commons Attribution (CC BY) — you’re free to copy, share, remix, adapt, and use even commercially as long as you give appropriate credit and clearly indicate if you made changes. Other sources may be subject to different license terms.

The current account balance is the sum of net trade in goods and services, net earnings from cross-border investments, and net transfer payments. It reflects a country's economic transactions with the rest of the world and is a fundamental component of the balance of payments. A surplus indicates that a country exports more than it imports, while a deficit shows the opposite.

Gross National Income (GNI) measures a country's total income. It encompasses income earned by residents, businesses, and foreign sources, defined as employee compensation and investment profits. GNI adds product taxes not included elsewhere and subtracts subsidies. It accounts for income from residents working abroad but excludes earnings from foreigners within the country.

A negative value for Net Foreign Direct Investment indicates a country is a net receiver of investments, as foreign inflows exceed outflows after Balance of Payments adjustments. A positive value indicates a net provider, with outflows exceeding inflows. Inflows are credits (increasing foreign claims on domestic assets), while outflows are debits (increasing domestic assets abroad).

Foreign direct investment (FDI, net inflows) shows how much capital foreign investors bring into a country after accounting for any funds that flow back in the opposite direction. It represents the net value of overseas companies establishing, expanding, or financing businesses in the reporting country. A positive number means more capital entered the country than was withdrawn, while a negative number means foreign investors pulled out more than they invested.

Foreign direct investment (FDI, net outflows) shows how much capital residents of a country invest abroad after accounting for any funds that flow back in the opposite direction. It represents the net value of domestic companies establishing, expanding, or financing businesses in other countries. A positive number means more capital was invested abroad than withdrawn, while a negative number means residents pulled back more than they invested.

Principal and interest payments to the IMF in currency, goods, or services on long-term debt expressed as a share of GNI.

Formerly gross domestic investment, gross capital formation measures the share of a country’s economic output invested in fixed assets, including buildings, machinery, and infrastructure. It indicates how much of the economy is devoted to building productive capacity.