Output gap measured as a difference between actual and potential gdp growth reached -7.71% in 2014 in Ireland, according to the National Statistical Office. This is 4.98% more than in the previous year.
Historically, output gap measured as a difference between actual and potential GDP growth in Ireland reached an all time high of 10.3% in 2000 and an all time low of -8.77% in 1993.
Ireland has been ranked 31st within the group of 34 countries we follow in terms of output gap measured as a difference between actual and potential GDP growth.
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