Ireland IE: Higher Education Expenditure on R&D (HERD)
Ireland IE: Higher Education Expenditure on R&D (HERD) data was reported at 917.393 EUR mn in 2023. This records an increase from the previous number of 807.568 EUR mn for 2022. Ireland IE: Higher Education Expenditure on R&D (HERD) data is updated yearly, averaging 322.300 EUR mn from Dec 1981 (Median) to 2023, with 43 observations. The data reached an all-time high of 917.393 EUR mn in 2023 and a record low of 16.962 EUR mn in 1981. Ireland IE: Higher Education Expenditure on R&D (HERD) data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Ireland – Table IE.OECD.MSTI: Gross Domestic Expenditure on Research and Development: OECD Member: Annual.
For Ireland, the Central Statistics Office (CSO) submitted to Eurostat and OECD in 2024 exceptionally high estimates of Business R&D expenditure for 2022 and 2023. These estimates drew on data collected on in-house R&D expenditure from the Community Innovation Survey 2022 and Business Expenditure on Research and Development Survey 2023, which the CSO had confirmed with the relevant businesses. The OECD, following its customary review, recommended that the CSO reassess the estimates and source data according to Frascati Manual guidelines on large capital expenditures. The CSO conducted a further review and queried the relevant enterprises in more detail to clarify the classification of capital expenditure. Responses from the enterprises indicated that a significant part of the reported capital expenditure was for both R&D and other purposes. The CSO revised the data based on the revised responses and recalculated the national data for Ireland, submitting the revised estimates to Eurostat and OECD ahead of plans for domestic release in April 2025.
The methodology used by the higher education institutions to report their R&D figures was harmonized starting from reference year 2018, which resulted in a downward break in the HERD series. R&D personnel data in the Higher Education sector increased markedly in 2018 due to methodological improvements for reporting research-active permanent academic staff in technological universities and institutes of technology, and for assigning research time coefficients in third-level institutions. From 2012, data on researchers in the higher education sector include PhD students. As of 2000, personnel data in the government sector were surveyed in FTE. Prior to 2000, data were collected for human resources devoted to S&T in FTE, and the R&D expenditure to total S&T expenditure ratio was applied.
The government data were revised back to 1992, as some government expenditures are no longer classified as R&D.
Prior to 2004, EU funds were included in GBARD data.
View Ireland's Ireland IE: Higher Education Expenditure on R&D (HERD) from 1981 to 2022 in the chart:
What was Ireland's Ireland IE: Higher Education Expenditure on R&D (HERD) in 2022?
Last | Previous | Min | Max | Unit | Frequency | Range |
---|---|---|---|---|---|---|
807.568 2022 | 773.154 2021 | 16.962 1981 | 814.981 2017 | EUR mn | yearly | 1981 - 2022 |
Related Indicators for Ireland IE: Higher Education Expenditure on R&D (HERD)
Accurate Macro & Micro Economic Data You Can Trust
Explore the most complete set of 6.6 million time series covering more than 200 economies, 20 industries and 18 macroeconomic sectors.
Learn more about what we doIreland Key Series
National Accounts | Last | Frequency | Range |
---|---|---|---|
Forecast: GDP PPP Per Capita (PPP Intl $) | 165,603.810 2027 | yearly | 1980 - 2027 |
Forecast: Nominal GDP Per Capita (USD) | 139,000.623 2028 | yearly | 1980 - 2028 |
Forecast: Real GDP Growth (%) | 3.010 2027 | yearly | 1980 - 2027 |
GDP Deflator Growth (%) | 5.5 Sep 2022 | quarterly | Mar 1996 - Sep 2022 |
GDP per Capita (USD) | 85,376.592 2020 | yearly | 2000 - 2020 |
Gross Fixed Capital Formation (USD mn) | 29,573.495 Dec 2024 | quarterly | Mar 1995 - Dec 2024 |
Gross National Product (GNP) (USD mn) | 105,011.499 Jun 2024 | quarterly | Mar 1999 - Jun 2024 |
Gross Savings Rate (%) | 58.8 Dec 2024 | quarterly | Mar 1995 - Dec 2024 |
Investment: % of GDP (%) | 18.5 Dec 2024 | quarterly | Mar 1995 - Dec 2024 |
Nominal GDP (USD mn) | 133,294.5 Dec 2022 | quarterly | Mar 1995 - Dec 2022 |
Nominal GDP Growth (%) | 10.478 Dec 2024 | quarterly | Mar 1996 - Dec 2024 |
Private Consumption Expenditure (USD mn) | 44,123.062 Dec 2024 | quarterly | Mar 1995 - Dec 2024 |
Private Consumption: % of GDP (%) | 30.8 Dec 2024 | quarterly | Mar 1995 - Dec 2024 |
Public Consumption Expenditure (USD mn) | 15,405.549 Dec 2024 | quarterly | Mar 1995 - Dec 2024 |
Public Consumption: % of GDP (%) | 10.3 Dec 2024 | quarterly | Mar 1995 - Dec 2024 |
Real GDP Growth (%) | -0.3 Mar 2023 | quarterly | Mar 1996 - Mar 2023 |
Total Trade of Goods & Services: % of Nominal GDP (%) | 256.404 Dec 2024 | quarterly | Mar 1995 - Dec 2024 |
Production | Last | Frequency | Range |
---|---|---|---|
Industrial Production Index Growth (%) | 27.4 Apr 2023 | monthly | Jul 1976 - Apr 2023 |
Minerals Production (Metric Ton) | 1,259,448.000 2022 | yearly | 2009 - 2022 |
Silver Production (Metric Ton) | 1.342 2021 | yearly | 1986 - 2021 |
Sales, Orders, Inventory & Shipments | Last | Frequency | Range |
---|---|---|---|
New Orders Growth (%) | -9.8 Jul 2013 | monthly | Jan 2001 - Jul 2013 |
Construction and Properties | Last | Frequency | Range |
---|---|---|---|
Building Permits (Unit) | 5,878.000 Dec 2024 | quarterly | Mar 1975 - Dec 2024 |
House Prices Growth (%) | 8.7 Dec 2024 | monthly | Jan 2006 - Dec 2024 |
Nominal Residential Property Price Index (2010=100) | 175.069 Sep 2024 | quarterly | Mar 1970 - Sep 2024 |
Nominal Residential Property Price Index Growth (%) | 9.915 Sep 2024 | quarterly | Mar 1971 - Sep 2024 |
Real Residential Property Price Index (2010=100) | 136.737 Sep 2024 | quarterly | Mar 1970 - Sep 2024 |
Real Residential Property Price Index Growth (%) | 8.213 Sep 2024 | quarterly | Mar 1971 - Sep 2024 |
Government and Public Finance | Last | Frequency | Range |
---|---|---|---|
Consolidated Fiscal Balance: % of GDP (%) | 5.0 Sep 2024 | quarterly | Dec 2000 - Sep 2024 |
Forecast: Government Expenditure (EUR bn) | 161.203 2029 | yearly | 1980 - 2029 |
Forecast: Government Net Debt (EUR bn) | 227.043 2029 | yearly | 1990 - 2029 |
Forecast: Government Revenue (EUR bn) | 161.718 2029 | yearly | 1980 - 2029 |
Government Debt: % of GDP (%) | 42.1 Sep 2024 | quarterly | Mar 2000 - Sep 2024 |
National Government Debt (USD mn) | 242,322.4 Sep 2024 | quarterly | Mar 2000 - Sep 2024 |
Tax Revenue (USD mn) | 26,753.421 Sep 2024 | quarterly | Mar 2000 - Sep 2024 |
Consolidated Fiscal Balance (USD mn) | 17,481.759 Sep 2024 | quarterly | Mar 2000 - Sep 2024 |
Tax Revenue: % of GDP (%) | 17.6 Sep 2024 | quarterly | Mar 2000 - Sep 2024 |
More Indicators for Ireland
Request a demo of CEIC
CEIC’s economic databases cover over 200 global markets. Our Platform offers the most reliable macroeconomic data and advanced analytical tools.