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Macro - Country Economic Forecasts - Ireland

Publisher Oxford Economics
Published Sep 15, 2025
Length 8 Pages
SKU # OFE20418405

Description

We raised our 2025 GDP growth forecast for Ireland by 1.1ppts to 11.4% due to the Q2 data revision. While the preliminary estimate showed a contraction, the second reading recorded more robust activity. Meanwhile, we lowered our 2026 GDP forecast to a 4.9% decline from a 4.3% contraction. The large contraction next year is largely explained by the negative carry-over into 2026, as we expect payback in H2 2025 from recent strength.

Table of Contents

8 Pages
Ireland: Revision in Q2 implies stronger-than-anticipated momentum
Forecast overview
Recent developments
Short-term outlook
Key drivers of our short-term forecast
Economic risk
Economic risk evaluation
Risk warnings
What to watch out for
Exposure to key global risks
Long-term prospects
Alternative scenarios
Background
Economic development
Structure of the economy
Balance of payments and structure of trade
Policy
Politics

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