Ireland and the EU at 50

1973 - 2023

Ireland and the EU at 50

Economic and Social Change in Ireland from 1973-2023.

Charting some of the changes in Ireland’s economic and social history to mark this 50-year milestone.

CSO statistical publication, 17 October 2023, 11am

GDP

(as % of Total EU27)

1973

0.6%

2022

3.2%

Balance of Trade in Goods

1973

−IR£268m

Equivalent to −€340m

2022

€67.6bn

Population

1971

2.9m

2022

5.1m

Net Migration

(more people arriving than departing)

1973

13,000

2023

77,600

Year to April 2023

People Employed in Agriculture

(category of employment)

1973

24%

2022

Average Industrial Earnings

(Nominal average weekly earnings of industrial workers)

1973

IR£30.12

Equivalent to €38.25

2022

€825.01

Residential Property Prices

1973

IR£7,095

Equivalent to €9,009

2023

€318,000

June 2023

Beef Sirloin (1 kg)

1973

IR£1.62

Equivalent to €2.05

2023

€16.54

May 2023

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Ireland and the EU at 50